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☆ Japan is producing so few babies that a leading diaper maker is pivoting to adults
▼ + stars: | 2024-03-27 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

The shift in business strategy is due to Japan's declining birth rate and aging population. AdvertisementA Japanese diaper maker announced that it will stop producing diapers for babies and will, instead, focus on catering to the country's aging population with adult nappies. Related storiesConcerns over the implications of a declining birth rate have led to Japanese officials sounding the alarm. AdvertisementLow birth rates and an aging population risk dramatically shrinking Japan's population, which is estimated to fall by about 30% to 87 million by 2070, The Guardian reported. Oji Holdings' pivot due to shifting demographics mirrors a similar move made by Unicharm, Japan's biggest diaper maker, over a decade ago.

Persons: —, Yoshimasa Hayashi, Fumio Kishida, It's, Unicharm Organizations: Service, Holdings, BBC News, Health, Welfare Ministry, United Nations Population Division, Guardian, Bloomberg Locations: Japan

CNN —Thousands of doctors in South Korea took to the streets of Seoul on Sunday to protest the government’s plans to increase medical school admissions and what they see as a broader lack of support for the country’s medical system. The doctors say the government needs to address a wider range of challenges facing the healthcare system than just the total number of doctors trained per year. Around 8,000 trainee doctors in South Korea began striking on February 21 by submitting their resignation. A doctor writes messages during a rally to protest against government plans to increase medical school admissions in Seoul on Sunday. Compounding the challenge, South Korea has the world’s lowest birth rate, which has been falling continuously since 2015.

Persons: Kim Hong, ’, Yoon Suk Yeol, ”, Jessie Yeung, Yoonjung Seo Organizations: CNN, South, Gallup Locations: South Korea, Seoul

☆ Here's how Israeli soldiers were trained to greet the child hostages released by Hamas on Friday
▼ + stars: | 2023-11-24 | by ( William Edwards | Joshua Zitser | ) www.businessinsider.com time to read: +3 min

AdvertisementIsraeli soldiers have been given strict instructions on how to care for the child hostages released by Hamas on Friday after seven weeks of captivity. Among the child hostages released are Aviv Katz Asher, 2; Raz Katz Asher, 4; Emelia Aloni, 5; and Ohad Munder, 9, according to the Israeli Prime Minister's office. Upon meeting child hostages, soldiers are trained to say: "Hello, my name is... In exchange, Israel released more than 30 Palestinian prisoners and detainees, according to the Red Cross. The first wave of hostages to be released include 13 Israeli women and children, 10 Thai citizens, and one Filipino, the Israeli government has said.

Persons: Aviv Katz Asher, Raz Katz Asher, Emelia Aloni, Ohad Munder, —, Israel Organizations: IDF, Service, Israel Defense Forces, country's Welfare Ministry, Jerusalem Post, Gaza, Hamas, Cross Locations: Israel, Jerusalem, Qatar, Egypt, United States

HONG KONG, Aug 3 (Reuters Breakingviews) - South Korea’s dealmaking skeletons are back to haunt. Paul Singer's Elliott opposed a $9 billion union eight years ago of Samsung C&T (028260.KS) and Chiel Industries. South Korea’s successful prosecution of Lee, Park and a former minister that oversaw NPS, provided cause for Elliott to demand payback. Elliott sued in 2018 and the Permanent Court of Arbitration in the Hague in June awarded the U.S. fund over $100 million. Far from being the end of it though, President Yoon Suk Yeol’s government is contesting that award in a British arbitration court.

Persons: Samsung's Lee, Paul Singer's Elliott, Elliott, Jay Y, Lee, Park Geun, Yoon Suk, Hague, Yoon, Taiwan's TSMC, Una Galani, Thomas Shum Organizations: Reuters, Korea Inc, Samsung, Chiel Industries, National Pension Service, NPS, U.S ., Korea, Trade, Global, Samsung Electronics, Apple, Tokyo, Korea's Ministry, Justice, Elliott Investment, Thomson Locations: HONG KONG, U.S, Hague, Seoul, Korea, China, Beijing, Washington, Taiwan, Japan, South Korea, United States

Seoul, South Korea CNN —South Korea is getting older – and its care facilities are changing to match. Elderly facilities include senior care homes, specialized hospitals, and welfare agencies that help the elderly navigate social services or protections. The shift illustrates a years-long problem South Korea has thus far failed to reverse. Young students pictured in Seoul, South Korea, on November 23, 2021. The rapid rise in elderly facilities in recent years may help alleviate some of these problems.

Persons: ’, Young, Anthony Wallace, Yoon Suk Yeol, Yonhap, Ed Jones, hobbling, – Organizations: South Korea CNN, Getty, South, OECD, Economic Co Locations: Seoul, South Korea, Korea, AFP, Daejeon, Japan, “

☆ In Japan, you can pay a startup $144 to quit your job on your behalf
▼ + stars: | 2023-06-09 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +2 min

Japanese startup Exit will quit your job and confront your boss for you for $144. Employers "try to make you ashamed and guilty that you quit your job in less than three years," the cofounder told Al Jazeera. Japanese culture — with deep-rooted practices for lifetime employment — sees success as a long-term commitment. That's the exact sentiment one company is capitalizing on: For 20,000 Japanese yen, or $144, a Japanese startup called Exit will quit your job for you. Exit's story began in 2017 when cofounder Toshiyuki Niino was trying to quit a job he was unhappy at, Al Jazeera reported.

Persons: Al Jazeera, —, Toshiyuki Niino, Niino, Yuichiro Okazaki Organizations: Employers, Service Locations: Al, Al Jazeera, Japan

[1/5] Eldery people who use the free subway service to deliver parcels gather in Seoul, South Korea, February 8, 2023. "But honestly, I wouldn't be doing it if subway rides weren't free because there wouldn't be much left over for me." Free rides have been a perk enjoyed nationally by those 65 and older for four decades and are credited with keeping senior citizens active. In the greater Seoul area, where almost 3.7 million people are 65 or older, more than 233 million free rides were taken last year. Sixty percent of Koreans support raising the minimum age for senior citizen benefits including free subway rides to 70, according to a Gallup poll released last week.

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