SEOUL, July 30 (Korea Bizwire) — South Korea’s convenience store chains reported double-digit sales growth in the first week following the rollout of government-issued consumption coupons, with customers increasingly turning to nearby stores for everyday shopping. According to industry data released Tuesday, the four major operators — CU, GS25, 7-Eleven, and Emart24 — saw weekly [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s over-the-top (OTT) streaming market has firmly established itself as a new standard in media consumption, with more than 20 million monthly active users (MAUs) now regularly engaging with major platforms. According to new data released Tuesday by WiseApp Retail, a market analysis firm tracking real-time app and payment [...]
SEOUL, July 29 (Korea Bizwire) — POSCO E&C’s chief executive publicly apologized on Tuesday following a series of fatal industrial accidents at company construction sites, drawing sharp rebuke from President Lee Jae-myung, who likened the repeated deaths to “murder by willful negligence.” At a press conference held at the company’s headquarters in Incheon’s Songdo district, CEO [...]
SEOUL, July 29 (Korea Bizwire) — In a nation known for its rigorous education system, even dogs are facing entrance exams. A growing number of South Korean dog daycare centers — dubbed “pet kindergartens” — are implementing admission tests to assess a dog’s socialization, obedience, and emotional stability before enrollment. The trend has sparked comparisons to [...]
SEOUL, July 29 (Korea Bizwire) — The South Korean government has introduced new guidelines to curb the misuse of ambulances operating under false pretenses, aiming to distinguish legitimate emergency use from non-urgent transport and restrict abuse of emergency traffic privileges. The Ministry of Health and Welfare recently distributed the new standards — titled “Criteria for [...]
SEOUL, July 29 (Korea Bizwire) — Record-breaking heat driven by climate change is disrupting South Korea’s agricultural and aquacultural sectors, with fresh milk production, farmed fish survival, and summer cabbage crops all under threat, raising fears of supply instability and inflation. According to the Korea Dairy Committee, raw milk output has declined by 5–10% amid prolonged [...]
SEOUL, July 29 (Korea Bizwire) — South Koreans are sleeping less, working and studying less, and spending more time consuming digital media than ever before, according to a new government survey tracking the nation’s evolving daily routines. The Statistics Korea report, released Monday, showed that for the first time since the time-use survey began in [...]
SEOUL, July 29 (Korea Bizwire) — South Korean elementary school students are spending more time studying than ever, while their sleep and playtime continue to shrink, reflecting the intensifying pressure of early academic competition, according to new government data released Monday. The 2024 Time Use Survey by Statistics Korea found that elementary students now study [...]
SEOUL, July 29 (Korea Bizwire) — Ear infections and knee dislocations are among the most common and costly claims made under pet insurance policies in South Korea, according to new data released by Meritz Fire & Marine Insurance. Marking the seventh anniversary of its pet insurance brand “PetperMint,” Meritz reported that external ear infections (otitis externa) [...]
SEOUL, July 29 (Korea Bizwire) — A sweltering heatwave over the weekend sent South Koreans flocking to air-conditioned department stores and shopping malls, leading to a double-digit surge in sales at major retailers. In contrast, large discount chains saw a dip in revenue, despite government-issued consumer coupons aimed at reviving domestic spending. According to industry data [...]