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Chinese Account for 62 pct of Apartment Purchases by Foreigners Since 2015

Chinese Account for 62 pct of Apartment Purchases by Foreigners Since 2015

SEOUL, Oct. 10 (Korea Bizwire) — Chinese nationals accounted for over 60 percent of apartment purchases by foreign nationals in South Korea since 2015, a government report showed Monday. According to the land ministry report submitted to Rep. Yang Kyung-sook of the main opposition Democratic Party, the number of apartment purchase deals of Chinese nationals [...]

Some 380,000 Households at High Risk of Default Due to Excessive Debt Burden: BOK

Some 380,000 Households at High Risk of Default Due to Excessive Debt Burden: BOK

SEOUL, Oct. 10 (Korea Bizwire) — Some 380,000 households in South Korea were found to be at high risk of financial default due to excessive debt burdens, a central bank report showed Monday. According to the Bank of Korea (BOK) report submitted to Rep. Kang Joon-hyun of the main opposition Democratic Party, the number of [...]

No. of S. Koreans Abducted, Detained or Missing Overseas in 5 yrs Reaches 2,762

No. of S. Koreans Abducted, Detained or Missing Overseas in 5 yrs Reaches 2,762

SEOUL, Oct. 10 (Korea Bizwire) — The number of South Korean citizens who have been kidnapped, detained or missing overseas in the recent five years has come to 2,762, an opposition lawmaker said Monday, citing data from the foreign ministry. Rep. Lee Jae-jung of the main opposition Democratic Party said that the number of South [...]

1 in 4 Thoracic Surgery Residents Withdraw from Training: Data

1 in 4 Thoracic Surgery Residents Withdraw from Training: Data

SEOUL, Oct. 10 (Korea Bizwire) — Close to 25 percent of interns and residents who begin thoracic surgery residency programs fail to complete them, indicating a severe shortage of qualified professionals in essential medical departments, data showed Sunday. The proportion of thoracic surgery residents who leave residencies stood at 24.1 percent as of July, and [...]

New COVID-19 Cases Below 20,000 for 2nd Day amid Waning Virus Wave

New COVID-19 Cases Below 20,000 for 2nd Day amid Waning Virus Wave

SEOUL, Oct. 9 (Korea Bizwire) — South Korea’s new COVID-19 cases stayed below 20,000 for the second consecutive day Sunday, as the virus wave has subsided in recent weeks. The country reported 17,654 new COVID-19 infections, including 61 from overseas, bringing the total caseload to 24,970,789, the Korea Disease Control and Prevention Agency (KDCA) said. [...]

Drug Abuse Spreads Among Young South Koreans

Drug Abuse Spreads Among Young South Koreans

SEOUL, Oct. 7 (Korea Bizwire) — Abuse of opioid medications like painkillers, anorectics and anesthetics is spreading among South Korean teens and 20-somethings. Rep. Kang gi-yun of the People Power Party referred to a report from the Ministry of Food and Drug Safety showing that there were 61,087 prescriptions for fentanyl patches issued to those [...]

16 Regions in S. Korea Lack Pediatrics and Gynecology Clinics: Data

16 Regions in S. Korea Lack Pediatrics and Gynecology Clinics: Data

SEOUL, Oct. 7 (Korea Bizwire) — As pediatrics and gynecology clinics continue to shut down, certain regions are struggling with the lack of pediatricians and gynecologists, government data showed Thursday. Rep. Song Seog-jun of the People Power Party referred to a report from the Ministry of Health and Welfare, which showed that 16 regions in [...]