SEOUL, June 22 (Korea Bizwire) — The growing popularity of eating out or ordering in among single-person households has undermined the ability of many to maintain a balanced diet, hurting overall national health, the health ministry said Tuesday. The Ministry of Health and Welfare reported that the percentage of those who consume more than 500 [...]
SEOUL, June 22 (Korea Bizwire) — The Seoul city government will grant pregnant women living in the city 700,000 won (US$540) each in transportation cost subsidies starting next month, officials said Wednesday. Pregnant women who have officially resided in the city more than six months can apply for the grant. The city government put its [...]
SEOUL, June 22 (Korea Bizwire) — The millennial generation’s social media usage rate turned out to be higher than those of older and younger generations in South Korea, a survey showed Tuesday. The Korea Information Society Development Institute analyzed the Korea Media panel survey that was conducted with the participation of 4,171 households and 10,154 [...]
SEOUL, June 22 (Korea Bizwire) — The Ministry of Health and Welfare held a national health promotion policy review on Monday and confirmed new warning images and slogans for cigarette products in the fourth phase that will start on Dec. 23. The warning images and slogans printed on cigarette packs change every 24 months to [...]
SEOUL, June 21 (Korea Bizwire) — North Korea appears to be using its ongoing battle against COVID-19 to tighten Kim Jong-un’s grip on power based on the ruling Workers’ Party, experts said Tuesday during a forum. “I think North Korea seems to be using the COVID outbreak to strengthen party control across the board,” Rachel [...]
SEOUL, June 21 (Korea Bizwire) — South Korean young people who invested heavily in apartments, stocks or crypto-assets last year are being hit with a breakdown in asset values. What’s more, the expected rise of U.S. interest rates is getting people worried, especially those who have borrowed large sums of money to buy real estate. [...]
SEOUL, June 21 (Korea Bizwire) — The number of employed one-person households in South Korea showed a steep increase last year amid an economic recovery, government data showed Tuesday. As of October 2021, the number of working one-person households jumped by 440,000 on-year to 4.14 million households, according to the data compiled by Statistics Korea. [...]
SEOUL, June 21 (Korea Bizwire) — The government on Tuesday vowed to relax regulations on loans and tax deductions for tenants and to extend tax benefits to landlords who raise rental fees at a minimum level in a move to help ease financial burdens on tenants and stabilize the housing market. Under the Yoon Suk-yeol [...]
SEOUL, June 20 (Korea Bizwire) — A person ruled guilty of misappropriation for ‘keeping’ bitcoins that were inadvertently sent to him has been found not guilty on appeal and remanded trial. Suwon High Court recently ruled that the 32-year-old man charged with breach of trust was not guilty. In June 2018, 199.999 bitcoins, worth 1.48 billion won [...]
SEOUL, June 20 (Korea Bizwire) — Delivery-only restaurants are facing a life-or-death situation due to the lifting of social distancing rules and the sky-high prices of food materials. Owners of such restaurants that opened during the peak of the pandemic from late last year to early this year are giving up operations or opting to [...]