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Middle-aged Koreans Have Strong Interest in Leisure Activities, but Actual Participation Rate is Low

Middle-aged Koreans Have Strong Interest in Leisure Activities, but Actual Participation Rate is Low

SEOUL, Oct. 5 (Korea Bizwire) — A recent survey has revealed that South Korean middle-aged adults in their 50s and 60s have a strong desire for social interaction, including leisure activities, but their actual participation rate is low. The Korea Institute for Health and Social Affairs conducted a nationwide survey of 4,000 middle-aged adults between [...]

Coronavirus Disrupts Chuseok Traditions

Coronavirus Disrupts Chuseok Traditions

OKCHEON, Sept. 25 (Korea Bizwire) — Seniors living in remote regions are expecting to spend a lonely Chuseok holiday this year due to the coronavirus pandemic. In response, the Welfare Center for the Disabled and Seniors in Okcheon County, North Chungcheong Province, selected five senior households to help send video messages to their loved ones. [...]

Senior Care Food Gains Popularity with Aging Population

Senior Care Food Gains Popularity with Aging Population

SEOUL, Sept. 17 (Korea Bizwire) — Food manufacturers are jumping into the care food business for seniors as customized meal products for seniors are expected to grow in demand alongside an aging population. Pulmuone Foodmerce, the distribution arm of South Korean food producer Pulmuone Co, signed a memorandum of understanding with Aria Care Korea, an [...]

Elderly Consumers Struggling with Ubiquitous Payment Kiosks

Elderly Consumers Struggling with Ubiquitous Payment Kiosks

SEOUL, Sept. 10 (Korea Bizwire) — With the installation of touch screen-based digital kiosks spreading throughout South Korean society centering on restaurant businesses, elderly consumers are having difficulty adapting to the new technology. According to a survey conducted by the Korea Consumer Agency (KCA) of 300 elderly consumers over the age of 65, 81.6 percent [...]

S. Korea to Introduce System to Prevent Financial Fraud Against Seniors

S. Korea to Introduce System to Prevent Financial Fraud Against Seniors

SEOUL, Aug. 31 (Korea Bizwire) — A specially designed credit card to prevent seniors from falling victim to various kinds of financial fraud by notifying family members or other designated guardians when the card is used to pay large sums of money will soon be available, the South Korea’s financial regulator said Sunday. The Financial [...]