SEJONG, Sept. 22 (Korea Bizwire) — Cancer remained the leading cause of death in South Korea in 2016, and fatalities from dementia doubled from a decade ago in line with the rapidly aging population, government data showed Friday. A total of 280,827 South Koreans died in 2016, up 1.8 percent from a year earlier, according [...]
SEOUL, Sept. 21 (Korea Bizwire) – A new study has warned that a significant number of South Korean retirees and those soon to be retired are making financial decisions emotionally during their preparation for retirement. According to the study by Prudential Life Insurance Company released on Thursday, the ‘retirement emotion quotient’ among South Koreans aged [...]
SEOUL, Sept. 20 (Korea Bizwire) — South Korean biopharmaceutical maker Samsung BioLogics Co. has overhauled Swiss drug behemoth Lonza in terms of market value though its sales remain dwarfed by the latter’s top line, industry sources said Wednesday. The market capitalization of Samsung BioLogics, a unit of South Korea’s top conglomerate Samsung Group, came to [...]
SEOUL, Sept. 19 (Korea Bizwire) – A new study has revealed that even donated breast milk is healthier than formula for infants. Findings from a study conducted by professor Jung Seong-hoon and his team at Kyung Hee University Hospital at Gangdong revealed that donated breast milk proved to be a much better a choice than [...]
SEOUL, Sept. 19 (Korea Bizwire) – South Korean food authorities have announced that probiotics extracted from traditional South Korean food can help prevent diabetes complications. The Korea Food Research Institute made the announcement on Tuesday along with an update on its research into the commercialization of diabetes complication-preventing probiotics, which are extracted from traditional Korean food [...]
SEOUL, Sept. 19 (Korea Bizwire) — SK Chemicals Co., a South Korean pharmaceutical and chemical goods manufacturer, and multinational drug firm GlaxoSmithKline Plc. (GSK) are awaiting final approval of their respective herpes zoster vaccines, market watchers said Tuesday. Approval is forecast to shake up the market in a big way, setting up a showdown with [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korean women in their 20s and 30s had sex less in 2014 compared with a decade ago, a survey showed Monday, amid high youth unemployment that has led to late marriage and less dating. South Korea’s overall unemployment rate stood at 3.8 percent in June, up 0.2 percentage [...]
TAEAN, Sept. 15 (Korea Bizwire) – Recent data has revealed that the number of leukemia and prostate cancer patients in Taean County has risen drastically since one of the country’s worst oil spills devastated the region in 2007. The worrying data put forward by Choi Gyeong-hwa, the director of information management at the Taean Environmental Health [...]
SEOUL, Sept. 15 (Korea Bizwire) — Health care costs for foreigners covered by South Korea’s state health insurance have more than doubled over the past five years as more subscribe to the scheme, data showed Friday. The total medical cost for covered foreigners came to 553 billion won (US$487 million) last year, up 109 percent [...]
SEOUL, Sept. 13 (Korea Bizwire) – According to a survey conducted by the National Cancer Center on 750 couples of cancer patients and their guardians at 13 cancer hospitals nationwide, four out of ten cancer patients don’t have accurate information regarding their clinical stage, indicating the progress of their disease. On top of that, when [...]