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South Korean firms seek to tackle low birth rate with hefty incentives

South Korea’s fertility rate hit a record low of 0.78 in 2022 and is expected to dip further. Read more at straitstimes.com.

Soult ukpyolsiSouth koreaSouth koreanYoon suk yeolBooyoung groupNational tax servicePresident yoon suk yeol

Firms seek to tackle low birth rate with hefty incentives

South Korean conglomerates are expanding birth incentive programs to help boost the country’s record-low fertility rate amid mixed expectations about their effectiveness. Underwear maker Ssangbangwool announced Thursday that the company will provide up to 100 million won ($75,000) to employees who are expecting babies. Under the company's birth incentive scheme, an employee can receive 30 million won for t.

South koreaSouth koreanYoon suk yeolNational tax serviceBooyoung groupPresident yoon suk yeolThe korea heraldOrean newsOuth korea newsOuth korea news in englishSia newsK pop코리아 헤럴드

South Korean construction firm pays staff $75,000 each time they have a baby

Employees with three children are also offered a choice between 300 million won ($225,000) or permanent rental housing sized below 915 square feet

South koreaSouth koreanBooyoung group chairperson lee joong keunBooyoung groupNew year

This Company Offers Employees Rs 62 Lakh For Having 1 Child, Rs 1 6 Crore For 3 Children - Trak in - Indian Business of Tech, Mobile & Startups

This Company Offers Employees Rs 62 Lakh For Having 1 Child, Rs 1 6 Crore For 3 Children - Trak in - Indian Business of Tech, Mobile & Startups
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

South koreaSouth koreanLee joong keunBooyoung groupCompany offering employees rsCompany incentivizing parenthoodFor havingIncentivizing parenthood

Korea to extend fuel tax cut by 2 months: finance minister

Finance Minister Choi Sang-mok said Friday the government will extend the tax cut on fuel consumption by an additional two months in an effort to curb inflation and ease economic burdens on the people.

Soult ukpyolsiSouth koreaUnited arab emiratesYoon suk yeolBooyoung groupFinance minister choi sang mokMinister choi sang mokPresident yoon suk yeolSouth koreaHe korea timesOrea timesOrean news in english

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