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Food Delivery Market Slumps Following End of Social Distancing

Food Delivery Market Slumps Following End of Social Distancing

SEOUL, Feb. 28 (Korea Bizwire) — South Korea’s online food delivery market, which saw major growth during the pandemic, had a major reversal of fortunes last year, data showed Monday. According to data from Statistics Korea, last year’s online transactions for food delivery services stood at 26 trillion won, (US$19.6 billion) down by 1.4 percent from [...]

More Koreans Now Disagree with the Idea that Children Should Look After Their Parents

More Koreans Now Disagree with the Idea that Children Should Look After Their Parents

SEOUL, Feb. 27 (Korea Bizwire) — The perception that children should look after their parents is quickly disappearing, a report showed Sunday. The Korea Institute for Health and Social Affairs conducted a survey of 7,865 households, in which only 21.4 percent believed that children should be responsible for looking after their parents. Another 29 percent [...]

Government’s Suicide Prevention Plan Under Fire

Government’s Suicide Prevention Plan Under Fire

SEOUL, Feb. 27 (Korea Bizwire) — South Korea’s health ministry recently announced the 5th Basic Plan for Suicide Prevention (2023-2027) during a public hearing on Feb. 13. One of the key initiatives is the ban on the production of coal fire lighters, which are commonly used in suicide attempts, and the development of eco-friendly alternatives. [...]

Only 4 pct of Women View Marriage, Childbirth as Essential: Survey

Only 4 pct of Women View Marriage, Childbirth as Essential: Survey

SEOUL, Feb. 26 (Korea Bizwire) — Only 4 percent of single South Korean women in their 20s and early 30s view marriage and childbirth as essential, a survey showed Sunday, a development that illustrated the chronic decline in childbirths in Asia’s fourth-largest economy. Meanwhile, 12.9 percent of single men in the same age bracket agreed [...]

Top 0.1 pct of Wealthy S. Koreans Made 70 Times More than Median Income Earners in 2021

Top 0.1 pct of Wealthy S. Koreans Made 70 Times More than Median Income Earners in 2021

SEOUL, Feb. 25 (Korea Bizwire) — The top 0.1 percent of wealthy individuals in South Korea earned nearly 70 times more than the median income earners in 2021, data showed Saturday. Statistics from the National Tax Service cited by Rep. Yang Kyung-sook of the opposition Democratic Party also showed the share of the total income [...]

S. Korea’s New COVID-19 Cases Above 10,000 for 4th Day

S. Korea’s New COVID-19 Cases Above 10,000 for 4th Day

SEOUL, Feb. 24 (Korea Bizwire) — South Korea’s new COVID-19 cases continued the downward trend Friday, with daily infections falling by nearly 1,400 cases compared with a week earlier. The country reported 10,051 new infection cases, including 26 from overseas, bringing the total caseload to 30,479,753 the Korea Disease Control and Prevention Agency (KDCA) said. [...]