BUSAN, Apr. 21 (Korea Bizwire) — The city of Busan is expecting an additional 218.35 billion won (US$ 201.47 million) for its estimated 2014 tax revenues, due to an increase in cigarette tax revenues caused by citizens’ buying spree before the New Year’s cigarette price hike, even though Busan’s population of non-smokers has since increased. According [...]
SEOUL, Apr. 20 (Korea Bizwire) — The number of Koreans undergoing surgical treatment for snoring has increased 63.7 percent from 2,554 in 2009 to 4,182 in 2013, according to an article in a web magazine published by the Health Insurance Review and Assessment Service (HIRA) on April 18. Men were more likely to receive such treatments [...]
SEOUL, April 20 (Korea Bizwire) – As it is expected that Pfizer’s Xalkori cancer drug will be covered by the national health insurance in Korea, the 10 million won (US$9,225) burden that patients are currently facing will be dramatically reduced starting next month. According to a statement from the Ministry of Health and Welfare and the [...]
FORT LAUDERDALE, Fla., Apr. 16 (Korea Bizwire) — ArKay Beverages has been the target of large liquor manufacturers since its launch in 2011. ArKay is the creator of the world’s first alcohol free liquors – that should be music to your ears! ArKay has saved millions of liquor drinkers since its launch, ArKay is perfect [...]
BUSAN, Apr. 16 (Korea Bizwire) — Samjung The Park, Busan‘s only zoo, is under suspicion of conducting illegal logging at a dense forest site, and building an unauthorized children’s playground. As the Busan Metropolitan City government and the Busanjin-gu Office said that they had yet to find evidence of any illegal activity at the zoo, [...]
SEOUL, Apr. 14 (Korea Bizwire) — The Korea Pharmaceutical Manufacturers Association (KPMA) conducted an anonymous survey on executives from its 50 member companies at its second executive meeting in Seoul on April 14, in order to identify pharmaceutical companies that have offered kickbacks to doctors. The executives were asked identify the companies they thought were giving [...]
SEOUL, April 13 (Korea Bizwire) – A scientific study has discovered a correlation between air pollution such as fine dust and ozone, and an increase in depression and suicide. Professor Kim Do-gwan at the Neuropsychiatry Center of Samsung Medical Center argued that PM-10 increases depression and raises suicide rates. A research team led by Kim analyzed the [...]
SEJONG, April 13 (Korea Bizwire) – South Koreans are consuming more meat than ever while their annual intake of rice continues to set record lows every year, a government report showed Monday. According to the report from the Ministry of Agriculture, Food and Rural Affairs, the country’s annual per capita consumption of meat came to [...]
SEOUL, April 11 (Korea Bizwire) — Nine of out of 10 Koreans aged 65 years and over do not want to receive medical care to prolong their lives. According to a survey conducted by the Korea Institute for Health and Social Affairs (KIHASA) published on April 9, only 3.9 percent of the respondents said that [...]
SEOUL, April 9 (Korea Bizwire) – South Korea’s health ministry will establish a special institute to assess tobacco product risks by analyzing their ingredients and the smoke they produce. According to an April statement from the Ministry of Health and Welfare, the “National Institute of Harmful Effects of Smoking” will be established under the Korea [...]