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

Victoria shows her dazzling beauty for Marie Claire

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Victoria shows her dazzling beauty for Marie Claire

Fashion magazine Marie Claire has just revealed new pictorials featuring fx”s Victoria.
Victoria collaborates with New York-based fashion brand Coach for various beautiful photos. She shows off her healthy-looking and girlish figure on the beach, bringing summer feeling.
Victoria has also been casted in the Chinese rom-com “My Best Friend’s Wedding” alongside top Chinese actress Shu Qi.
More pictorials and interview of Victoria are available in Marie Claire’s June issue.

Jenny@dkpopnews . ... Read more

MONSTA X has wowed people with the introduction of the new preview designed specifically for the album called "Trespass"

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MONSTA  X has   wowed people with the  introduction   of  the   new  preview   designed  specifically  for the  album  called  "Trespass"

Starship‘s new hip hop group MONSTA X is teasing fans with a sneak preview of their upcoming album “Trespass.”

The band is composed of the finalists of the survival show “NO. MERCY.” The seven members of the group are Jooheon, Shownu, Kihyun, Hyungwon, Wonho, Minhyuk, and I.M. . ... Read more

“Abnormal Summit” and “Where Is My Friend’s Home" appeared to have been partnering up with UNICEF for the provision of Nepal Earthquake Relief support

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“Abnormal Summit” and “Where Is My Friend’s Home"  appeared  to have  been  partnering  up  with UNICEF   for the  provision  of     Nepal Earthquake Relief  support

JTBC‘s “Abnormal Summit” and “Where Is My Friend’s Home” staff and cast are preparing for Nepal earthquake relief donations through UNICEF. This is particularly meaningful as Sujan, who is Nepalese, is a cast member of both of those shows. . ... Read more

Tiffany and Lee Chul Woo appeared to have been voted to be the most good looking couple in pictures

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Tiffany and Lee Chul Woo  appeared to  have been  voted  to be  the most  good  looking  couple  in  pictures

Girls’ Generation Tiffany has released her first couple pictorial ever, and her lucky partner is the handsome model Lee Chul Woo. The two stars who are working on Mnet‘s “Heart a Tag” together as MCs, are sure to make your heart flutter. . ... Read more

Girls" Generation"s Tiffany and Heejun to guest on "Sunny"s FM Date"

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Girls" Generation"s Tiffany and Heejun to guest on "Sunny"s FM Date"

Girls” Generation”s Tiffany and Heejun are set to guest on MBC Radio“s “Sunny”s FM Date” hosted by Sunny!

Tiffany and Heejun collaborated for the song “QnA“, which did pretty well on music charts. A producer for MBC Radio picked “QnA” as the song of the week, calling both singers to show up for the May 26th broadcast. This is the first time the duet singers will be promoting together, and fans are especially excited as fellow Girls” Generation member Sunny will be acting as DJ!. ... Read more