SEOUL, Nov. 18 (Korea Bizwire) — According to a recent survey, men and women in South Korea see different reasons for the recent increase in individuals who are deciding to remain single. According to a survey of 2,009 provincial residents conducted by the Gyeonggi Provincial Government, men chose the burden of childbirth and childcare, accounting [...]
SEOUL, Nov. 15 (Korea Bizwire) — On Thursday, as South Korean students sat for the College Scholastic Ability Test (CSAT), civic groups gathered to protest the current college-centric education system. ‘The Hidden Bag for Change by Rejecting College Entrance Examinations,’ a student organization, held a press conference in Seoul where six protesters including teenagers and [...]
SEOUL, Nov. 13 (Korea Bizwire) — The Chinese government is resorting to violent measures to neutralize Hong Kong protesters calling for democracy. The clash is also spreading throughout universities in South Korea, where banners in support of democracy in Hong Kong are being put up and taken down by supporters and their opposition. Since Monday, [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korean YouTubers on the global video-sharing platform have a global impact and have shown growth both in terms of the number of subscribers and the amount of content, company officials said Wednesday. The number of local YouTubers with more than 10 million subscribers tripled on-year in 2018, according [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea announced plans to kick-start the so-called reverse annuity mortgage market Wednesday in an effort to help support elderly homeowners financially. The measure, unveiled by a pan-governmental task force on population policy, would lower the age limit for applicants for reverse annuity mortgages to 55 from the current [...]
SEOUL, Nov. 12 (Korea Bizwire) — This year, the public’s view and sentiment toward “Pepero Day (Nov. 11) ” are not great. It seems that cracks are occurring in a previously popular promotion that has been thriving for 26 years. One of the things consumers feel strongly about every Pepero Day is that it is [...]
SEOUL, Nov. 12 (Korea Bizwire) — In the past decade, the food service industry has gone through significant change. Food that was once a huge success disappeared suddenly, and old favorites reappeared out of nowhere. The Korea Agro-Fisheries & Food Trade Corp. recently published a report outlining popular dishes and trends in the restaurant market [...]
SEOUL, Nov. 8 (Korea Bizwire) — A South Korean court has rejected a lawsuit filed by workers who asked their employer to pay them overtime for the time spent on so-called “grooming for work,” which typically involves applying makeup and styling one’s hair. The Seoul Central District Court ruled Thursday that 335 employees of a [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korea on Thursday announced a plan to transform three categories of elite high schools into general schools by 2025 to promote fairness in education and improve overall public education. The education ministry said autonomous private, foreign language and international high schools will be deprived of their status of [...]
SEOUL, Nov. 6 (Korea Bizwire) — South Korea on Wednesday adopted a scheme to cap presale prices of privately built apartments in its extended efforts to stabilize real estate markets. Seoul revised related laws last month to execute the “presale price cap system” for apartments to be built by private builders amid signs of escalating [...]