SEOUL, March 28 (Korea Bizwire) — South Korea’s new COVID-19 cases rose to over 12,000 on Tuesday to report on-week growth for eight days in a row amid the relaxation of most antivirus restrictions to regain pre-pandemic normalcy. The country reported 12,129 new COVID-19 infections, including 14 cases from overseas, bringing the total caseload to [...]
SEOUL, March 28 (Korea Bizwire) — Debt held by South Korean wage workers in their 20s jumped 15 percent on-year in 2021, much higher than 7 percent growth on average for all wage workers, data showed Tuesday. Bank and nonbank loans extended to paid workers in the country averaged 52.02 million won (US$40,107) per person [...]
SEOUL, March 28 (Korea Bizwire) — Members of the MZ generation, who are often portrayed in the media as possessing picky, individualistic tendencies, actually display considerable diversity and deviate from such inclinations, a study indicated Monday. The “MZ generation” refers to a pairing of two groups — millennials born between the early 1980s and the [...]
SEOUL, March 28 (Korea Bizwire) — Consumers over 40 years of age still prefer placing orders with a person despite the increasing number of businesses incorporating kiosks, a survey showed Monday. Lotte Members, the membership service for Lotte Group companies, conducted a survey of 1,333 men and women over the age of 10, of which [...]
SEOUL, March 28 (Korea Bizwire) — The number of restaurant franchises surged even in 2021 when the hospitality industry was hit hard by the COVID-19 pandemic. According to data from the Fair Trade Commission, the number of franchise restaurants stood at 167,455 at the end of 2021, up 23.9 percent year on year. This figure [...]
SEOUL, March 28 (Korea Bizwire) — The number of public servants who intend to change jobs is rapidly increasing amid the waning popularity of work in the public service due to a perception of poor pay, a survey showed Monday. The Korea Institute of Public Administration conducted a survey of 6,000 public officials. In response [...]
SEOUL, March 27 (Korea Bizwire) — The share of firstborns among total births is on the rise, indicating that there are fewer South Korean women giving birth to more than one child. About 56,000 newborn babies last year were firstborns, accounting for 62.7 percent of all newborn children. It is the highest rate since 1981, [...]
SEOUL, March 27 (Korea Bizwire) — As an increasing number of school violence cases are being reviewed in court, there are more cases of administrative appeal or litigation in an attempt to appeal against school violence accusations. The accused perpetrators of school violence made 2,077 requests for administrative appeals and 575 requests for administration litigation [...]
SEOUL, March 27 (Korea Bizwire) — South Korea’s new COVID-19 cases bounced back to over 4,000 from a week earlier Monday, as people increasingly adapt to post-pandemic everyday life with the relaxation of most of the COVID-19 rules coming into effect. The country reported 4,204 new COVID-19 infections, including nine cases from overseas, bringing the [...]
SEOUL, March 25 (Korea Bizwire) — In 1993, it was discovered that the Soviet (now Russian) Navy had dumped approximately 1,000 tons of radioactive nuclear waste in the East Sea, 190 kilometers southeast of Vladivostok. Although the Soviet Union claimed that the concentration of nuclear waste released was lower than the International Atomic Energy Agency (IAEA) [...]