SEOUL, Jan. 23 (Korea Bizwire) — As economic hardships deepen, TMON, a major online shopping platform, expects customers to significantly reduce their spending on Lunar New Year gifts this year. In a survey conducted from January 10 to 16 involving 500 customers, TMON found that 58% (multiple responses allowed) plan to purchase gifts from online channels [...]
SEOUL, Jan. 23 (Korea Bizwire) — Divorced singles, often referred to as ‘dolsing’ (returned singles) in Korean, typically don’t entertain the idea of remarriage until certain situations arise, a recent survey revealed. The study, conducted by remarriage company Only-You in partnership with dating service Bien-Aller, showed that men most commonly consider remarriage when they realize [...]
SEOUL, Jan. 22 (Korea Bizwire) — A recent study has found that employees working in teams experience less depression compared to those working alone. On January 21, researchers from the Department of Preventive Medicine at Chung-Ang University College of Medicine, including Ph.D. candidate Hong Ki-hoon (the first author), along with professors Choi Byung-sun and Park Jeong-deok, [...]
SEOUL, Jan. 22 (Korea Bizwire) — Internet parenting communities are abuzz with posts from parents who have returned to work and are struggling to find childcare solutions, such as hiring a nanny, for their children’s school pick-ups and drop-offs. Many parents are resorting to various channels like second-hand sales sites and apartment group chats to find [...]
SEOUL, Jan. 20 (Korea Bizwire) — With companies in Europe, the United States, and Japan increasingly adopting a four-day workweek, South Korean companies are following suit, with POSCO leading the way as the first in the steel industry to implement a biweekly four-day workweek. This move reflects a growing trend among businesses to shorten working [...]
SEOUL, Jan. 19 (Korea Bizwire) — The South Korean Ministry of Agriculture, Food and Rural Affairs announced on January 18 that it has expanded its ’1000 Won Breakfast’ program to cover 4.5 million people this year. The program, aimed at university students, offers breakfast meals for just 1,000 won in an effort to reduce the rate of [...]
SEOUL, Jan. 18 (Korea Bizwire) — Shinhan Card recently identified “SPARK” as the defining keyword for this year’s consumer trends. This acronym encompasses five specific sub-trends: ‘Start the Time Revolution’, ‘Pivot Family Model’, ‘Age of Funflation’, ‘Ripples of Stimulating Polarization’, and ‘Keep an Eye on Tasty Entertainment’. The ‘Start the Time Revolution’ trend indicates a shift towards [...]
BANGKOK, Jan. 18 (Korea Bizwire) — Korean food is garnering positive responses at the United Nations office cafeteria in Bangkok, Thailand, marking the first time Korean cuisine has been featured in a cafeteria of a major international organization. Since September of last year, the cafeteria at the UN Conference Center (UNCC) in Bangkok has been offering Korean [...]
SEOUL, Jan. 17 (Korea Bizwire) — South Korea has recorded its highest number of foreign residents since 2019, with approximately 2.51 million foreigners now living in the country. This update was revealed by the Ministry of Justice’s Immigration and Foreign Policy Bureau on January 16. As of the end of December last year, the total number of [...]
SEOUL, Jan. 17 (Korea Bizwire) — A recent study has revealed that while most seniors aged 65 to 79 in South Korea use smartphones, over half of them are unable to install or delete applications (apps) by themselves. The research, conducted by a team from the Department of Geriatric Medicine and the Department of Family Medicine at [...]