SEOUL, Jan. 7 (Korea Bizwire) — South Koreans spend nearly 250 million won (about $190,000) per person on medical care over their lifetimes, according to a new analysis that underscores how rapidly rising healthcare costs are becoming concentrated in old age as the population grows older. A report released Wednesday by the Health Insurance Research Institute [...]
SEOUL, Jan. 7 (Korea Bizwire) — Nearly half of South Korea’s general high school students are sleeping less than six hours a night because of academic pressure, a new government-backed study has found, underscoring mounting concerns about student well-being in one of the world’s most education-driven societies. According to a basic analysis report on children’s and [...]
SEOUL, Jan. 7 (Korea Bizwire) — South Korea’s efforts to boost parental leave as part of its fight against ultra-low birthrates continue to run up against a stark divide between large corporations and small businesses, according to a new government-commissioned survey that highlights persistent workplace barriers for parents. The findings, released Wednesday, show that while awareness [...]
SEOUL, Jan. 7 (Korea Bizwire) — South Korean teenagers are spending more than three hours a day watching online video content, with short-form clips rapidly overtaking longer videos as their dominant mode of media consumption, according to a new national survey. The findings were released on Wednesday by the Korea Press Foundation in its 2025 survey [...]
LONDON•SEOUL, Jan. 7 (Korea Bizwire) — Several words rooted in Korean culture, including ramyeon, haenyeo and sunbae, have been added to the Oxford English Dictionary, underscoring the growing imprint of Korean life and language on global English usage as the influence of Korean popular culture continues to spread. The latest update to the dictionary, published by [...]
SEOUL, Jan. 7 (Korea Bizwire) — Xiaomi Korea said on Wednesday that it is launching a promotional “Life Shot” photo campaign after President Lee Jae-myung drew public attention by posting a selfie taken with a Xiaomi smartphone alongside Chinese President Xi Jinping. The campaign was inspired by a photo President Lee shared on X during his [...]
SEOUL, Jan. 7 (Korea Bizwire) — People with low incomes, chronic illnesses, mental health conditions or alcohol-related disorders face a sharply higher risk of dying alone, according to a major South Korean study that underscores the growing social costs of inequality and isolation. Researchers at Bundang Seoul National University Hospital analyzed police forensic records and National [...]
SEOUL, Jan. 6 (Korea Bizwire) — President Lee Jae Myung of South Korea called on Seoul and Beijing to work to soften public distrust and rebuild what he described as “good neighborly, friendly” relations, arguing that improved sentiment between the two societies is essential to expanding economic cooperation. Mr. Lee made the remarks Tuesday at a [...]
SEJONG, Jan. 6 (Korea Bizwire) — The nation’s highest court is set to deliver a high-profile ruling on whether Coupang, the country’s dominant e-commerce platform, violated fair trade laws by collecting sales promotion fees and incentives from its suppliers—a decision that could reshape regulatory oversight of online retail practices. The case stems from penalties imposed by [...]
SEOUL, Jan. 6 (Korea Bizwire) — South Korea’s Supreme Court is set to deliver a closely watched ruling this month in a long-running dispute over franchise fees involving Pizza Hut Korea, a decision that could reshape the financial practices of the country’s franchise industry. According to the food service sector, the Supreme Court’s Civil Division 3 [...]