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Sales of Organic Food Plunge Amid Economic Slump

Sales of Organic Food Plunge Amid Economic Slump

SEOUL, May 23 (Korea Bizwire) – Sales of organic food products in South Korea have nearly halved in recent years, as the long-term economic slump sees more and more consumers in the country hesitate to open their wallets for eco-friendly and chemical-free produce. What was once fast becoming a popular lifestyle choice on the back

South Korean Pensioners Receive Only 24% of Income as Retirement Benefits

South Korean Pensioners Receive Only 24% of Income as Retirement Benefits

SEOUL, May 23 (Korea Bizwire) – A new report has revealed that South Koreans on average receive pension benefits that are significantly lower than the average income in the country before retirement, making the lives of retirees harder for those who rely on pensions. According to an audit report on the national pension system released

South Korean Video Streaming Platforms Struggle to Catch Up With YouTube

South Korean Video Streaming Platforms Struggle to Catch Up With YouTube

SEOUL, May 23 (Korea Bizwire) – The latest data from market analyst DMC Media has revealed that YouTube was still the most popular video streaming platform on mobile devices in South Korea, chosen by 42.8 percent of 1,000 study participants in April, which was up from the 38 percent observed last year.  YouTube outstripped its

Government to Regulate Oxygen Canisters Amid Burgeoning Sales

Government to Regulate Oxygen Canisters Amid Burgeoning Sales

SEOUL, May 23 (Korea Bizwire) – The South Korean government has decided to regulate the sale of portable oxygen canisters, which have become increasingly popular amid fine dust fears that have been gripping the peninsula.  According to the Ministry of Food and Drug Safety on Monday, a revision designating portable oxygen cans as “quasi-drugs” will

Hundreds Arrested in Narcotics Crackdown, Including Teenagers

Hundreds Arrested in Narcotics Crackdown, Including Teenagers

UIJEONGBU, South Korea, May 23 (Korea Bizwire) – A total of 132 South Koreans were arrested in a three-month narcotics crackdown spearheaded by the Gyeonggi Bukbu Provincial Police Agency, with 46 individuals indicted and the reported seizure of 39.3 grams of methamphetamine, enough to dose 800 people simultaneously.  According to the agency, 116 (87.8 percent)

Agricultural Drones to Reshape Rice Farming

Agricultural Drones to Reshape Rice Farming

ASAN, SOUTH KOREA, May 23 (Korea Bizwire) — Drones are poised to transform the rice farming industry in South Korea, with a local agricultural technology center successfully trialing rice planting using agricultural drones, a process which saw the unmanned aerial vehicles take only a third of the average time spent by a direct seeder to

Marriages of College Graduates Sink Sharply over 15 Yrs

Marriages of College Graduates Sink Sharply over 15 Yrs

SEJONG, May 23 (Korea Bizwire) – The rate of marriages of highly educated women has dropped sharply over the past 15 years amid the country’s late- and non-marriage trend, government data showed Tuesday.  Out of 1,000 women who graduated from college-level or higher educational institutions, 28.6 tied the knot in 2015, compared with 41.2 cases

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