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Growing Numbers of Illegal Stayers Leave Korea Voluntarily

Growing Numbers of Illegal Stayers Leave Korea Voluntarily

SEOUL, Jan. 17 (Korea Bizwire) — A growing number of foreigners staying illegally in South Korea are voluntarily leaving the country after the government offered various incentives, including an opportunity for reentry, to overstayers choosing to voluntary depart, a government agency said Friday. According to the Incheon Immigration Office, the number of illegal stayers leaving [...]

Exports of Processed Rice Goods Up 20 pct in 2019

Exports of Processed Rice Goods Up 20 pct in 2019

SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s outbound shipments of processed rice products shot up last year amid the booming popularity of Korean dramas, K-pop and other cultural assets abroad, data showed Thursday. Exports of these products reached US$106 million in 2019, marking a sharp rise from $89 million posted a year earlier, according [...]

Access to Convenience Stores Increases Chance of Obesity

Access to Convenience Stores Increases Chance of Obesity

SEOUL, Jan. 15 (Korea Bizwire) — Teenagers living near convenience stores are more exposed to the risk of obesity, a recent study revealed. The Korea Institute for Health and Social Affairs reported on Tuesday that obesity among teenagers is influenced by multiple variables including the area of residence, individual, and family practices. The institute collected [...]

S. Korean Wealth Creators Accumulate 1.57 bln Won Until Retirement

S. Korean Wealth Creators Accumulate 1.57 bln Won Until Retirement

SEOUL, Jan. 14 (Korea Bizwire) — South Korean wealth creators accumulate an average of 1.57 billion won (US$1.4 million) through savings and investment, a recent study revealed. Standard Chartered Bank Korea Ltd., the local unit of Britain-based banking giant Standard Chartered PLC., joinly conducted a survey of 1,000 wealth creators in Seoul and Busan. They [...]

Record 73,000 Elderly Drivers Return Licenses in 2019

Record 73,000 Elderly Drivers Return Licenses in 2019

SEOUL, Jan. 13 (Korea Bizwire) — A record 73,000 elderly drivers voluntarily gave up their licenses last year in accordance with the government’s campaign to reduce traffic accidents caused by older adults, police data showed Monday. According to the National Police Agency (NPA), a total of 73,221 drivers aged 65 or older voluntarily returned their [...]