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Gyeonggi Province Reports Record Number of Single-Person Households

Gyeonggi Province Reports Record Number of Single-Person Households

SUWON, Dec. 8 (Korea Bizwire) – The percentage of single-person households in Gyeonggi Province has exceeded 30 percent of all households in the province.  According to the “2023 Gyeonggi Province Single-person Household Statistics” report released on Thursday, there were 1.64 million single-person households recorded at the conclusion of the 2022 census, constituting 30.2 percent of the [...]

Study Reveals Trends in Heirs’ Ascent to CEO at Top Conglomerates

Study Reveals Trends in Heirs’ Ascent to CEO at Top Conglomerates

SEOUL, Dec. 7 (Korea Bizwire) – On December 6, the business research institute Leaders Index revealed that family members serving as top executives (CEO, Vice Chairman, Chairman) in the management of the top 100 domestic conglomerates, on average, climb the corporate ladder to become executives in their early to mid-30s, subsequently reaching the CEO position within [...]

‘Big 5′ Hospitals Struggle to Fill Key Medical Specialties for 2024 as Critical Shortages Persist

‘Big 5′ Hospitals Struggle to Fill Key Medical Specialties for 2024 as Critical Shortages Persist

SEOUL, Dec. 7 (Korea Bizwire) – The recent recruitment efforts for next year’s specialties at the renowned ‘Big 5′ hospitals in South Korea saw critical departments like pediatrics as well as obstetrics and gynecology facing challenges in meeting their quotas. Despite government incentives, a reluctance to pursue these specialties has persisted. Even in rural areas, where [...]

Household Labor Services Approach a Staggering 500 Trillion Won, with Women Contributing 2.6 Times More Than Men

Household Labor Services Approach a Staggering 500 Trillion Won, with Women Contributing 2.6 Times More Than Men

SEOUL, Dec. 6 (Korea Bizwire) – A study released by the Statistics Research Institute of Statistics Korea on December 5 revealed that the annual value of household labor services in South Korea has surged to an estimated 500 trillion won. Notably, there exists a significant 2.6-fold difference in contributions between men and women.  Based on the [...]

Quake-Triggered Phone Confiscations Spark Controversy Among South Korean Military Personnel

Quake-Triggered Phone Confiscations Spark Controversy Among South Korean Military Personnel

GYEONGJU, Dec. 5 (Korea Bizwire) – In the early hours of November 30, a magnitude 4.0 earthquake struck Gyeongju, South Korea, leaving military personnel with an unexpected aftermath – widespread confiscation of mobile phones. Reports have emerged of soldiers surreptitiously using phones during prohibited hours, only to be caught off guard by disaster alert sounds.  According [...]

iPhone 13 Incident Sparks Safety Concerns Over Lithium Batteries

iPhone 13 Incident Sparks Safety Concerns Over Lithium Batteries

CHEONAN/UIJEONGBU, Dec. 5 (Korea Bizwire) – In a bizarre incident that unfolded on the morning November 30, a 17-year-old high school sophomore residing in Cheonan, South Chungcheong Province, found himself at the center of attention when his iPhone 13 unexpectedly swelled up, emitting smoke.  The incident, captured on video, quickly went viral on social media, amassing [...]

South Koreans Fear Solitary Death Amid Economic Struggles

South Koreans Fear Solitary Death Amid Economic Struggles

SEOUL, Dec. 4 (Korea Bizwire) – As “godoksa,” or solitary death, becomes a pressing social concern, a recent survey unveils that the average South Korean believes there is a 32 percent chance of facing such a fate.  Godoksa refers to an isolated demise, where an individual passes away alone, disconnected from family, relatives, and others, with [...]

No. of Travelers to U.S., Japan, Middle East via Incheon Airport Fully Recovers to Pre-pandemic Levels

No. of Travelers to U.S., Japan, Middle East via Incheon Airport Fully Recovers to Pre-pandemic Levels

SEOUL, Dec. 3 (Korea Bizwire) — The numbers of travelers to Japan, the United States and the Middle East through Incheon International Airport have fully recovered to pre-pandemic levels, while the number of those heading to China still remains sluggish, data showed Sunday. In the first 11 months, the numbers of passengers who traveled to [...]