Shin hails population milestone

Shin hails population milestone

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Shin hails population milestone

First vice finance minister Shin Je-yoon warned of serious challenges ahead for the Korean economy after the population hit 50 million last Saturday, warning against too much celebration about the population growth. "Reaching a 50 million population is a significant achievement along with the country's $20,000 per capita gross domestic product", Shin said at a meeting yesterday. "Korea is the seventh country in the world to attain the two goals of growing both in terms of quantity and quality", Shin said. Japan was the first to do so in 1987, followed by the United States in 1988, France and Italy in 1990, Germany in 1991 and the United Kingdom in 1996. The vice minister explained it is proven that countries with more than 50 million populations and $20,000 GDP per capita have little difficulty reaching $30,000. But he pointed out possible downsides of the 50 million population era. "Economic vitality will lose steam as the proportion of elderly and single households expand", Shin said. For businesses, domestic population growth makes it easier to achieve economies of scale. "Domestic companies will have easier access to the global market as they service a bigger domestic market with consumers with more purchasing power", Shin said. Shin emphasized the importance of fiscal soundness for the economy. "The Korean government should learn a lesson from the Greek crisis and try to keep strengthening our fiscal health", he said. Kim Jeong-geun, a research fellow at Samsung Economic Research Institute, expressed worries about the possibility of fiscal deficits that could be incurred by increasing government spending on social welfare for the growing population. "Financial burdens on the government will mount as the number of taxpayers decline, while those in need of financial aid increase due to low fertility rates and an aging society", Kim said. The population hit 40 million in 1984. By Song Su-hyun

giant Bang greet Australian VIPs

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giant Bang greet Australian VIPs

large Bang remember to greet their Australian VIPs sooner than their expected “2015 international tour [MADE]”

the lads are traveling the region with a concert on October 17 at Allphones Arena in Sydney and then following it up with some other concert on October 21 at Rod Laver Arena in Melbourne.. ... Read more

A pink's Chorong and Hayoung to be the special MCs for ' display Champion' this night!

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A pink's Chorong and Hayoung to be the special MCs for ' display Champion' this night!

A pink”s leader Chorong and maknae Hayoung could be your special “show Champion” MCs this night!

on the impending August five broadcast of the MBC tune show, MC Kim Shin Young could be away as a result of an in a foreign country time table, and that”s where Chorong and Hayoung will come in! . ... Read more

[ pictures] Added new poster and teaser shooting photos for the Korean drama 'Yong good friend'

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[ pictures] Added new poster and teaser shooting photos for the Korean drama 'Yong good friend'

Added new poster and teaser shooting footage for the impending Korean drama “Yong friend” (2015)Directed by way of Oh Jin-seokWritten by way of Jang Hyeok-rinWith Joo Won, Kim Tae-hee, Jo Hyeon-jae, Chae Jeong-an, Jeong Woong-in, Bae Hae-sun,…Wed, Thu 22:00Also referred to as “Yong-pal-yi”SynopsisThe drama depicts an ironic scenario of a guy. who still has to be afflicted by way of debt on account of his more youthful sister who must cross via dialysis, even after he turned into a scientific physician.Broadcast beginning date in Korea : 2015/08/05 . ... Read more

BIGBANG Achieves All-Kill With latest “Made Series E”

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BIGBANG Achieves All-Kill With latest “Made Series E”

Boy team BIGBANG has completed yet some other all-kill at the charts with their latest unmarried.

the gang released the newest installment in their “Made” series in the dead of night KST on August five. the 2 songs which are a phase of the unmarried, “Zutter” and “Let’s no longer Fall in Love,” either controlled to most sensible quite a lot of virtual tune charts. . ... Read more

G-Dragon Told Kwanghee to stay at house instead of Coming to His show?

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G-Dragon Told Kwanghee to stay at house instead of Coming to His show?

BIGBANG’s G-Dragon published that Kwanghee of ZE:A be offeringed to come to his crew’s V App reside broadcast to turn fortify, yet that he had rejected his be offering.

He acknowledged, “When Kwanghee be offeringed to come here, i become once a section of shocked.” He persisted, “I told him, it’s our broadcast and now now not yours, so [Kwanghee] does now now not wish to be there. I told him to observe our show at home,” resulting in a circular of loud laughter. . ... Read more