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Young Generation Most Actively Pursues ‘Value Consumption’: Survey

Young Generation Most Actively Pursues ‘Value Consumption’: Survey

SEOUL, July 6 (Korea Bizwire) — More than 8 in 10 South Korean consumers have the experience of ‘value consumption’ in which consumers choose products and services based on their values and faith, a survey showed Tuesday. Lotte Members, the membership service for Lotte Group companies, conducted a survey of 1,500 men and women in [...]

S. Korea’s New COVID-19 Cases Spike amid Resurgence Woes

S. Korea’s New COVID-19 Cases Spike amid Resurgence Woes

SEOUL, July 5 (Korea Bizwire) – South Korea’s new coronavirus cases sharply increased Tuesday amid concerns about the virus’ resurgence following eased social distancing restrictions. The country added 18,147 new COVID-19 infections, including 171 from overseas, bringing the total caseload to 18,413,997, the Korea Disease Control and Prevention Agency (KDCA) said. Tuesday’s tally nearly tripled [...]

Digital Sex Crime Investigators Suffer from PTSD: Survey

Digital Sex Crime Investigators Suffer from PTSD: Survey

SEOUL, July 5 (Korea Bizwire) — A majority of police officers in charge of investigating digital sex crime have been exposed to the risk of post-traumatic stress disorder (PTSD), a survey showed Monday. According to the Korean Association of Police Science Review, a survey of 65 police officers from three cyber enforcement divisions revealed that [...]

Policy Loans Taken Out by Seniors from Insurance Firms Surge Last Year

Policy Loans Taken Out by Seniors from Insurance Firms Surge Last Year

SEOUL, July 5 (Korea Bizwire) — Loans issued to seniors over 60 years of age from insurance companies jumped last year, a lawmaker said Monday, citing data from the Financial Supervisory Service. Loans taken out by seniors over 60 years of age from insurance companies reached 11.16 trillion won (US$8.55 billion) as of late December [...]

Weak Korean Won Pulls Foreign Direct Purchasing Enthusiasts Back to Domestic Shopping Malls

Weak Korean Won Pulls Foreign Direct Purchasing Enthusiasts Back to Domestic Shopping Malls

SEOUL, July 4 (Korea Bizwire) — The Korean currency has reached a new 13-year low against the U.S. dollar, prompting foreign direct purchase enthusiasts to return to domestic shopping malls. Online communities for foreign direct purchasing are increasingly sharing the view that buying goods abroad is either more expensive or equivalent in price to shopping [...]

Young Police Officers Have Cynical Attitude Towards Police Organizations: Survey

Young Police Officers Have Cynical Attitude Towards Police Organizations: Survey

SEOUL, July 4 (Korea Bizwire) — Complaints about unfair operations and the interruption of internal communications within police forces are rampant among police officers in their 20s and 30s, a survey showed Sunday. The Korean National Police University’s Police Science Institute recently conducted a survey of 1,131 newly-appointed police officers. In response to a question [...]

S. Korea’s New COVID-19 Cases Stay Over 10,000 for 2nd Day amid Resurgence Woes

S. Korea’s New COVID-19 Cases Stay Over 10,000 for 2nd Day amid Resurgence Woes

SEOUL, July 3 (Korea Bizwire) — South Korea’s new coronavirus cases stayed above 10,000 for the second consecutive day Sunday as the daily cases seemed to be rising again after months of subsiding. The country added 10,059 COVID-19 infections, including 191 cases from overseas, bringing the total caseload to 18,389,611, the Korea Disease Control and [...]