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World Bank Economist: Korea should adopt ‘Time Banks’ to support aging society. (Photo by Chung Sung Jun/Getty Images)

Jan 04, 2016 AM EST - Jean Marie Abellana

South Korea Should Adopt ‘Time Banks’ To Support Aging Society, World Bank Economist Says

Philip O'Keefee, aneconomist at the World Bank, suggested that South Korea needs to embrace "Time Banks" to increase the number of volunteers that are helping the country's senior citizens in dealing with their loneliness and poverty.

Hangman's noose (Photo by Thomas Northcut / Getty Images)

Dec 17, 2015 AM EST - Czarelli Tuason

South Korean Companies Stage Mock Funerals To Curb Increasing Suicide Rates

Some companies in South Korea are arranging mock funeral practices for their employees in order for them to realize the value of life, consequently curbing the increasing suicide rate in the country.

Exports of display TV contributed to the ICT's improving performance. (Photo by Chung Sung Jun/Getty Images)

Dec 02, 2015 AM EST - Therese Agcopra

South Korea Posts The Highest ICT Trade Surplus Among Members of The Organization for Economic Cooperation and Development

South Korea's information and communications technology (ICT) trade surplus is the highest among members of the Organization for Economic Cooperation and Development (OECD) for the first half of the year.

Newborn (Photo by Sean Gallup/Getty Images)

Nov 30, 2015 AM EST - Czarelli Tuason

South Korea’s Birth Rate Drops For The Second Month In September

The South Korean government continues to battle aging and the declining birth rate in the country in order to prevent a drop in their workforce and increasing their welfare expenses.

Man smoking in Myeongdong shopping area in Seoul | By: Ed Jones | Getty Images

Nov 11, 2015 PM EST - Czarelli Tuason

South Korean Health Ministry To Air More ‘Explicit’ Anti-Smoking TV Commercial

In an effort to relay a more powerful message on the harmful effects of smoking, the South Korean Health Ministry will be broadcasting a more "explicit" TV commercial next week showing more disturbing images and messages.

Many South Korean seniors who are living alone fear they would die alone, with no relatives coming to claim their remains and offering a funeral.  (Photo by Chung Sung Jun/Getty Images)

Nov 02, 2015 AM EST - Therese Agcopra

Change in Traditional Social Structure Leads to Lonely Deaths of 1,008 Elderly South Koreas in 2014

An increasing number of South Korean elderly are living and dying alone as traditional Confucian social construct crumbles amidst the country's economic growth.

Many of South Korea's elderly are living in poverty, receiving little to no support from families and the government. (Photo by Chung Sung Jun/Getty Images)

Oct 26, 2015 AM EDT - Therese Agcopra

South Korea Has The Worst Senior Poverty Rate Among Developed Nations, Elderly Struggle to Get By Through Church Donations

Many of South Korea's elderly are living in poverty with little to no recourse for support.

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Apr 18, 2020 PM EDT - Ariel Newburg

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