SEOUL, July 23 (Korea Bizwire) – Elderly individuals in South Korea who receive greater social support are significantly more likely to prepare for the end of life — including writing wills, completing advance directives, and planning funerals — according to new research released Tuesday by the Korean Public Health Association. A team from Eulji University’s [...]
SEOUL, July 23 (Korea Bizwire) — Despite decades of reforms aimed at strengthening corporate governance, a new analysis reveals that South Korea’s outside directors—soon to be renamed “independent directors”—overwhelmingly rubber-stamped board proposals in 2023, with only a handful showing independent judgment. According to data from the Financial Supervisory Service released Sunday, 122 listed affiliates of [...]
SEOUL, July 23 (Korea Bizwire) — South Koreans report lower satisfaction with domestic travel compared to overseas vacations, primarily due to high local prices and a lack of distinctive tourist content, according to a new survey released by the Korea Economic Research Institute on Monday. The nationwide survey, conducted by Mono Research, polled 1,000 adults [...]
SEOUL, July 23 (Korea Bizwire) — In South Korea, new graduates entering research and development roles earn the highest starting salaries, while those in media and public relations receive the lowest, according to a new analysis by career platform JobPlanet. JobPlanet analyzed 1.42 million salary records collected from employment insurance data and ranked job categories [...]
SEOUL, July 22 (Korea Bizwire) — Hyundai Motor Group’s electric vehicle (EV) exports to the United States plummeted by 88% in the first five months of 2025 compared to the same period last year, reflecting the combined impact of local production ramp-up and sluggish U.S. sales. According to the Korea Automobile & Mobility Association (KAMA), [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s imported car market is on a sharp rebound in 2025, reversing a two-year contraction as demand for eco-friendly and high-end models soars, supported by a wave of new releases and increased purchases by consumers in their 40s and corporate buyers. According to the Korea Automobile Importers & [...]
SEOUL, July 21 (Korea Bizwire) — A record number of foreign medical school graduates have passed South Korea’s preliminary medical licensing exam this year, marking a more than threefold increase from the previous year, signaling a shifting landscape in the country’s medical profession. According to the Korea Health Personnel Licensing Examination Institute on July 20, [...]
SEOUL, July 21 (Korea Bizwire) — South Korea’s railway network is witnessing a major surge in foreign ridership, with nearly 3 million international travelers using high-speed and conventional trains in the first half of 2025 — nearly double the number from two years ago. According to data from KORAIL and SR, operator of the Suseo [...]
SEOUL, July 19 (Korea Bizwire) — Despite growing awareness of multiculturalism in South Korea, a new national survey reveals that while a significant portion of Koreans are open to having immigrants as neighbors or coworkers, far fewer are willing to accept them as close family members. According to a report released Friday by the Korea [...]
SEOUL, July 18 (Korea Bizwire) – The second and final seasons of the global hit “Squid Game” posted massive viewership numbers on Netflix during the first six months of the year, a report showed Friday. According to the streaming giant’s Engagement Report, the entire “Squid Game” franchise drew 231 million views in the first half. [...]