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Only 3 out of 10 Unwed Women Say “Marriage is Necessary”

Only 3 out of 10 Unwed Women Say “Marriage is Necessary”

SEOUL, Oct. 29 (Korea Bizwire) – A new survey has found that fewer South Koreans are clinging to the traditional notion that marriage is a necessity. According to statistics provided by a group of experts who advise the Presidential Committee on Ageing Society and Population Policy, the ratio of people who thought that “marriage was something that [...]

S. Korea’s Suicide Rate Dropping but Still Highest Among OECD States

S. Korea’s Suicide Rate Dropping but Still Highest Among OECD States

SEOUL, Oct. 29 (Korea Bizwire) – South Korea’s suicide rate remains the highest among developed nations despite declines in recent years, comparative statistics from welfare authorities indicated Monday. An analysis of health data from the Organization for Economic Cooperation and Development (OECD), conducted by the Ministry of Health and Welfare and the National Health Insurance Service, showed [...]

S. Korea’s per-capita GDP Expected to Exceed US$40,000 in 2023

S. Korea’s per-capita GDP Expected to Exceed US$40,000 in 2023

SEOUL, Oct. 25 (Korea Bizwire) — South Korea’s per-capita gross domestic product (GDP) is on track to surpass US$30,000 this year and expected to exceed $40,000 in 2023, a parliamentary report showed Thursday. According to the report by the National Assembly Budget Office (NABO), South Korea’s per-capital GDP is expected to reach $31,862 this year, [...]

South Korea’s Average Wealth Level Similar to that of Western Europe: Report

South Korea’s Average Wealth Level Similar to that of Western Europe: Report

SEOUL, Oct. 24 (Korea Bizwire) — An international financial research institute has published a report stating the average wealth of Korean adults is approximately 200 million won. According to the “Global Wealth Report 2018” published by Credit Suisse Research Institute (CSRI), the average monetary assets held by adult Koreans totaled $171,740, which was equivalent to [...]

Majority of S. Koreans Back Kakao’s Carpool: Poll

Majority of S. Koreans Back Kakao’s Carpool: Poll

SEOUL, Oct. 22 (Korea Bizwire) — More than half of South Koreans back the planned launch of Kakao Corp.’s carpool service, which sparked angry protests from the taxi industry, a survey showed Monday. In a survey conducted by Realmeter with 500 adults across the country Friday, 56 percent of the respondents said they agree with [...]