SEOUL, Jan. 6 (Korea Bizwire) – In a nation grappling with low birth rates, a controversial debate is taking root among its younger generation. The crux of the argument: Should financial status be a barrier to starting a family? This discourse, which is gaining momentum on social media, pits the ideal of preventing the inheritance of [...]
SEOUL, Jan. 5 (Korea Bizwire) – Experts have identified confirmation bias as the most critical socio-psychological phenomenon that South Korean society needs to guard against this year. The Korean Social and Personality Psychological Association (KSPPA), following a survey among its members, has announced confirmation bias as the key socio-psychological phenomenon to watch in 2024. Established in [...]
SEOUL, Jan. 5 (Korea Bizwire) – A survey conducted by the Ministry of Agriculture, Food and Rural Affairs and the Korean Food Promotion Institution has revealed that Korean-style chicken, ramen, and kimchi are the most favored Korean dishes among foreigners. The survey, targeting residents of major cities like Beijing, Ho Chi Minh City, and New York, [...]
SEOUL, Jan. 5 (Korea Bizwire) – Recent data from the Ministry of Health and Welfare and the Korea Disease Control and Prevention Agency (KDCA) reveal a significant decrease in the daily smoking rates among South Koreans aged 15 and above in the past decade. As of 2021, the daily smoking rate – the percentage of people [...]
SEOUL, Jan. 4 (Korea Bizwire) –South Korea is witnessing a significant impact on its education sector due to a sharp decline in the school-age population, a consequence of the country’s critically low birth rate. This year, the number of students entering elementary school has fallen below 400,000, and it’s anticipated to soon drop below 300,000. [...]
SEOUL, Jan. 4 (Korea Bizwire) – The number of single-person households increased further last year to account for a record high of 42 percent of all households, data from the interior ministry showed Thursday. According to the resident registration data from the ministry, the total number of registered households in the country rose by 0.9 [...]
SEJONG, Jan. 4 (Korea Bizwire) –A recent study has revealed that housing prices are the most significant factor affecting the decision to have a first child, while the cost of private education becomes more influential for subsequent children. The study on future birth rates in South Korea showed that the factors most affecting the decision [...]
SEOUL, Jan. 2 (Korea Bizwire) – A recent study has revealed that men constitute a staggering 80% of the user base of dating applications in South Korea. According to data from WiseApp, a service that analyzes app and retail trends, as of the end of December, the most installed dating apps in the country were Tinder [...]
SEOUL, Jan. 1 (Korea Bizwire) – In a new trend that underscores South Korea’s innovative storytelling, television dramas and webtoons are increasingly exploring themes of rebirth and regression, resonating deeply with audiences both domestically and internationally. One of the standout examples of this trend is the Tving original series “Lee Jae, I’m Dying Soon”. This narrative [...]
SEOUL, Dec. 27 (Korea Bizwire) – With high prices prompting consumers to cut back on clothing purchases, SPA (Specialty store retailer of Private label Apparel) brands, known for their cost-effectiveness and integrated manufacturing and distribution, are gaining popularity in South Korea. According to retail giant E-Land, SPA brand SPAO is projected to reach sales of 480 [...]