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S. Korea Extends Natural Dip in Population amid Low Births in May

S. Korea Extends Natural Dip in Population amid Low Births in May

SEOUL, July 26 (Korea Bizwire) – South Korea continued to report a natural decrease in population in May amid critically low births, data showed Wednesday, reflecting the alarming demographic challenge of Asia’s No. 4 economy. Only 18,988 babies were born in May, decreasing 5.3 percent from a year earlier, according to the monthly report from [...]

Controversy Arises over Adidas Korea’s Collective Franchise Contract Termination

Controversy Arises over Adidas Korea’s Collective Franchise Contract Termination

SEOUL, July 26 (Korea Bizwire) — With backlash from franchisees growing over the South Korean unit of German sports brand Adidas’s decision to unilaterally terminate franchise contracts, lawmakers have stepped in to scrutinize the issue. The office of Rep. Choi Seung-jae, a member of the ruling People Power Party and the National Assembly’s National Policy [...]

Tens of Thousands of COVID-19 Vaccine Doses Scrapped After Expiry: KDCA

Tens of Thousands of COVID-19 Vaccine Doses Scrapped After Expiry: KDCA

SEOUL, July 25 (Korea Bizwire) — A tens of thousands of COVID-19 vaccine doses, intended for free vaccinations for the public, have been scrapped after reaching their expiration date, data showed Monday. According to a report from the Korea Disease Control and Prevention Agency (KDCA) submitted to Rep. Jung Choun-sook of the Democratic Party, some [...]

60 pct of Seniors Engaged in Economic Activity in May: Data

60 pct of Seniors Engaged in Economic Activity in May: Data

SEOUL, July 25 (Korea Bizwire) — Around 60 percent of South Korean seniors were economically active as of May, data showed Tuesday, reflecting the country’s rapidly aging population. The poll by Statistics Korea showed 60.2 percent of the country’s 15.48 million people aged from 55 to 79 were economically active, up 0.8 percentage point from [...]

Sewage-based Monitoring Shows Rising COVID-19 Levels in S. Korea

Sewage-based Monitoring Shows Rising COVID-19 Levels in S. Korea

SEOUL, July 24 (Korea Bizwire) — With South Korea experiencing a slight increase in new coronavirus cases in recent months, health authorities have noted a growing concentration of the virus in sewage. According to the weekly report from the Korea Disease Control and Prevention Agency (KDCA), the concentration level of coronaviruses in the country’s water [...]

‘Self-Defense Gadget’ Tops Searches After Stabbing Rampage

‘Self-Defense Gadget’ Tops Searches After Stabbing Rampage

SEOUL, July 24 (Korea Bizwire) — With growing public unrest following a recent fatal stabbing rampage that that killed one person and wounded three others in southwestern Seoul on Friday, consumers are showing increasing interest in purchasing self-defense gadgets. According to Naver Shopping, the most popular search keyword among women aged 20 to 40 and [...]