SEOUL, May 10 (Korea Bizwire) — More than 15 percent of households in South Korea are unable to balance their budget, a local think tank said. According to the last year’s study on household finance and welfare conducted by the Korea Institute of Finance, 17.2 percent (3.54 million) of the 20.52 million households in the [...]
SEOUL, May 9 (Korea Bizwire) — South Korea’s new coronavirus cases fell Monday, a week after the government lifted the outdoor mask mandate in the latest attempt to return to pre-pandemic normalcy amid a downward trend in COVID-19 cases. The country added 20,601 new COVID-19 infections, including 19 cases from overseas, bringing the total caseload [...]
SEOUL, May 9 (Korea Bizwire) — More than half of single 20-somethings in South Korea do not want to have babies after marriage due apparently to concerns over high child-rearing costs in the country, a poll showed Monday. According to a survey reported in a monthly economic journal by the state-run Korea Development Institute, 52.4 [...]
SEOUL, May 9 (Korea Bizwire) — The number of elderly individuals living alone in Seoul has exceeded the 350,000 level, data showed Sunday. According to data from Statistics Korea, the number of seniors over 60 years of age living alone in the capital city totaled 355,000 as of 2020, up about 30,000 compared to a [...]
SEOUL, May 9 (Korea Bizwire) — Single-person households tend to spend more on alcohol compared to larger households, a report said Sunday. A research team from the state-run Korea Rural Economic Institute analyzed data from Statistics Korea to identify the average amount of spending on processed foods and the share of each item among the [...]
SEOUL, May 8 (Korea Bizwire) — South Korea’s new coronavirus cases bounced back to the 40,000s on Sunday, but daily COVID-19 cases are widely on a downward trend even after the lifting of almost all antivirus curbs. The country added 40,064 new COVID-19 infections, including 16 cases from overseas, bringing the total caseload to 17,544,398, [...]
SEOUL, May 7 (Korea Bizwire) — South Korea reported nearly 40,000 new COVID-19 cases Saturday, marking a gradual decrease in infections, amid eased social distancing rules designed to return the country to normalcy. The country added 39,600 new COVID-19 infections, including 26 cases from overseas, bringing the total caseload to 17,504,334, according to the Korea [...]
SEOUL, May 6 (Korea Bizwire) — South Korea’s new COVID-19 cases fell to the 20,000 level Friday from above 40,000 the previous day amid eased antivirus restrictions designed to return the nation to normalcy. The country added 26,714 new COVID-19 infections, including 28 cases from overseas, bringing the total caseload to 17,464,782, according to the [...]
SEOUL, May 6 (Korea Bizwire) — The majority of children come home after 6 p.m. on weekdays, and close to a half of them enjoy less than two hours of free time, a recent survey showed. The Korean Teachers and Education Workers Union conducted an online survey of 1,841 children in 4th to 6th grades, [...]
SEOUL, May 6 (Korea Bizwire) — Hanwha Life Insurance Co. announced that one of the company’s training facilities has ended its two-year use as a treatment center for COVID-19 patients. Hanhwa’s Life Park, located in Yongin, Gyeonggi Province, has reopened its quarters for 35 new recruits for training this year. Following the end of the [...]