aging population
Scope
Date
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Mergers & Acquisitions
MBK to buy Japanese nursing home and care service for $300 mn
MBK Partners, the largest private equity firm in Northeast Asia, is set to acquire Japanese senior nursing care service company Unimat Retirement Co...
Feb 03, 2023 (Gmt+09:00)
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Korean startups
Silvia Health attracts investment through pre-Series A funding
Silvia Health Inc., an age-tech startup based in Seoul, South Korea said on Monday that it has completed a pre-Series A investment with the particip...
Jan 02, 2023 (Gmt+09:00)
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Healthcare
South Korea passes new law making everyone a little younger
SEOUL—As the rest of the world ages, South Koreans are getting younger.South Korea’s parliament passed laws Thursday abolishing the trad...
Dec 12, 2022 (Gmt+09:00)
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Food & Beverage
Whisky imports up 62%, projected to be popular next year and beyond
As whisky became more popular in Korea, the amount of whisky imported for 10 months until October this year increased about 62% compared to the same...
Dec 01, 2022 (Gmt+09:00)
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Economy
South Korea's total fertility rate falls under 0.8 in 3rd quarter
South Korea's birth rate in the third quarter this year set another all-time low of under 0.8, and the national population consequently declined f...
Nov 23, 2022 (Gmt+09:00)
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Korean stock market
Foreigners in year's longest Korean buying streak; chipmakers top picks
Foreign investors have returned to the South Korean market, snapping up chip industry leaders such as Samsung Electronics Co. and SK Hynix Inc. for ...
Oct 19, 2022 (Gmt+09:00)
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Korean startups
Math app Qanda enjoys surge in popularity with 74 mn subscribers
The number of subscribers to the mathematics education app Qanda exceeded 74 million as of earlier this month. It is rare for an app developed ...
Oct 11, 2022 (Gmt+09:00)
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The KED View
Superpowers without dignity as China-US tensions grow
“The greatest danger that can befall us in coping with this problem of Soviet Communism is that we allow ourselves to become like those with w...
Oct 07, 2022 (Gmt+09:00)
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Economy
S.Korea forecast to have world's oldest population by 2070
South Korea is expected to become the world’s most elderly country with about half of its population aged 65 or older by 2070, the government ...
Sep 06, 2022 (Gmt+09:00)
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K-pop
K-pop, Toyota’s platform for marketing in the US
LOS ANGELES -- Toyota Motor Corp., the top global automaker, showcased its sports cars – the GR86 and the GR Supra – at the Los Angeles ...
Aug 23, 2022 (Gmt+09:00)
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Artificial intelligence
LG Group to launch AI education programs for teenagers
South Korea’s LG Group will include teenagers in its mid- to long-term project to nurture artificial intelligence talent, as AI technology is ...
Aug 10, 2022 (Gmt+09:00)
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ASK 2022
[ASK 2022] Infrastructure benefits from inflation and population growth: Sera Global
Infrastructure is stronger than ever amid the current macroeconomic risks, and investors will see greater opportunities in the ...
Jun 02, 2022 (Gmt+09:00)
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Pension funds
NPS to slash Korean asset proportion, increase overseas stocks
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, has adjusted its five-year asset allocation plan to enh...
May 27, 2022 (Gmt+09:00)
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Business & Politics
Korea’s Yoon govt to raise nuclear power to 34% of energy source
South Korea’s incoming government plans to extend the service life of eight more nuclear power plants than originally planned as President-ele...
Apr 21, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Naver subsidiary splurges on metaverse, resell platform acquisitions
Snow Corp., a subsidiary of South Korea’s tech behemoth Naver Corp., has either already invested, or is slated to invest, in 11 companies so f...
Mar 29, 2022 (Gmt+09:00)
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Economy
South Korea's working young teeter on brink of debt disaster
As the liquidity party is coming to an end, rising interest rates and falling asset values are highlighting concerns about household debt taken on b...
Feb 21, 2022 (Gmt+09:00)
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Korean startups
Nuvilab uses the latest tech to tackle age-old issue of food waste
South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...
Feb 09, 2022 (Gmt+09:00)
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Banking & Finance
Retirement packages unexpectedly benefit young talent
Voluntary retirement packages, often coming with generous compensation, have been adopted by companies as a way to let go of older or redundant empl...
Dec 27, 2021 (Gmt+09:00)
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Economy
S.Korea to report first-ever population drop in 2021
South Korea's total population in 2021 is set to decline for the first time since the country began collecting census data, hit by a sharp fall in b...
Dec 09, 2021 (Gmt+09:00)
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Batteries
EcoPro BM’s magic to hit $9 bn jackpot after 10-year dark ages
South Korea’s battery materials maker EcoPro BM Co. won a near $9 billion order from SK Innovation Co., an unusually large contract for a medi...
Sep 10, 2021 (Gmt+09:00)
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Korean startups
SoftBank Ventures invests in fashion app targeting middle-aged women
South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million) from a pool of hig...
May 13, 2021 (Gmt+09:00)
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Obituary
Samsung chairman, who led tech giant’s leapfrog to global brand, dies, aged 78
Lee Kun-hee, chairman of the world’s top smartphone and TV manufacturer Samsung Group, passed away on Oct. 25 at the age of 78, the South Kore...
Oct 25, 2020 (Gmt+09:00)
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IPOs
BTS may be allowed to delay military service to age 30
South Korea is likely to allow the seven members of boy band BTS to postpone their mandatory national military service by two years until the age of 3...
Oct 13, 2020 (Gmt+09:00)
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Markets
Korea’s economically inactive population rises to record high in July
Hit hardest by the fallout of the coronavirus pandemic, South Korea’s jobless rate rose to the highest level in two decades, while many people w...
Aug 12, 2020 (Gmt+09:00)
Latest News
- 1 NPS-backed new prime office struggles with poor demand
- 2 Affinity-backed SSG.COM offers first voluntary redundancy
- 3 Lotte to cut basic chemicals in portfolios for profitability
- 4 Young rich Koreans: Financially literate, self-directing
- 5 LG Elec logs record Q2 profit on home appliances, car parts