SEOUL, Nov. 3 (Korea Bizwire) – Cigarette smoking is exacting a grim toll on both lives and finances in South Korea. According to the Korea Disease Control and Prevention Agency (KDCA), nearly 60,000 lives are claimed annually, and the economic cost stands at a staggering 12 trillion won. To combat this societal burden, experts from various [...]
SEOUL, Nov. 3 (Korea Bizwire) – Samsung Electronics’ “Benz Phone” (SGH-E700), a mobile device that gained global popularity two decades ago, has recently regained attention. The Galaxy Z Flip 5 Retro, a limited-edition foldable smartphone that reimagines the Benz Phone, has become a trending topic. The Benz Phone, featuring a built-in antenna for enhanced portability, was [...]
SEOUL, Nov. 2 (Korea Bizwire) – A recent survey has revealed that middle-aged individuals in South Korea aspire to continue their economic activity until the age of 69, on average. However, their average retirement age is actually around 50. According to the findings from the 2023 survey on older adults’ job-seeking activities, released by the Tomorrow [...]
SEOUL, Nov. 1 (Korea Bizwire) – A voice phishing analysis model developed by the South Korean government this year that is thought to be the first of its kind in the world has played a pivotal role in the investigation of voice phishing crimes. The Ministry of the Interior and Safety (MOIS) announced on Tuesday that [...]
SEJONG, Oct. 31 (Korea Bizwire) – Among South Korean individuals between the ages of 55 and 79 who are receiving pensions, close to one-third have expressed a desire to work to make ends meet. Half of the older individuals receiving pensions are currently employed, and this proportion increases even further among those who are not recipients [...]
SEOUL, Oct. 30 (Korea Bizwire) – Hyundai is on the cusp of achieving double-digit market share in the U.S. electric vehicle (EV) segment. It’s intriguing to observe whether Hyundai can solidify its position as a pioneer in the American transition to electrification. During the third quarter of this year, Hyundai successfully sold 21,638 electric vehicles in [...]
SEOUL, Oct. 27 (Korea Bizwire) – A recent study conducted by Samsung Research has revealed concerning statistics regarding sleep patterns and quality among the elderly population in South Korea. According to the study’s findings, South Korea ranks at the bottom in terms of both sleep duration and sleep quality among the 17 countries surveyed. Samsung Research, [...]
SEOUL, Oct. 27 (Korea Bizwire) – As the COVID-19 pandemic has prolonged the prevalence of non-face-to-face shopping, apparel and cosmetics companies are intensifying their online marketing strategies, specifically targeting Generation MZ (those born between the early 1980s and early 2000s). This younger demographic is increasingly recognizing the advantages of online shopping, which has led to a [...]
SEJONG, Oct. 24 (Korea Bizwire) – According to a new report released by the National Assembly’s Budget and Policy Office, South Korea’s youth population is facing a significant decline, with an estimated 50 percent reduction by the year 2040 if the current low fertility rate persists. The report titled “Estimation of Total Population Reflecting Recent [...]
SEOUL, Oct. 22 (Korea Bizwire) – A year after the deadly crowd crush in Seoul’s Itaewon district that claimed 159 lives, survivors and bereaved families still seek the truth behind the bungled disaster response and a proper closure to their loss. The crowd crush, the deadliest ever in South Korea, took place in the nightlife [...]