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South Korean Youth Smoking and Drinking Rates Drop Sharply Over 20 Years, but Mental Health Concerns Rise

South Korean Youth Smoking and Drinking Rates Drop Sharply Over 20 Years, but Mental Health Concerns Rise

SEOUL, Nov. 23 (Korea Bizwire) – Smoking and drinking among South Korean adolescents have dropped to one-third of their levels from two decades ago, according to a new report. However, concerning trends in mental health and dietary habits, including a sharp rise in skipped breakfasts, highlight the need for greater focus on youth well-being. The Korea [...]

Christmas Decorations Spark Parking Demand Surge Near Seoul’s Top Department Stores

Christmas Decorations Spark Parking Demand Surge Near Seoul’s Top Department Stores

SEOUL, Nov. 23 (Korea Bizwire) – As Seoul’s major department stores unveil their elaborate Christmas decorations, demand for nearby parking has surged, according to car-sharing platform Socar. Between November 1 and 20, parking ticket transactions near five major department stores within 500 meters surpassed the total for all of November last year, with viewership of parking [...]

Emotional Labor Workers’ Rights in Focus at Seoul Conference

Emotional Labor Workers’ Rights in Focus at Seoul Conference

SEOUL, Nov. 22 (Korea Bizwire) – A major conference addressing the rights and working conditions of emotional laborers, who make up 40% of South Korea’s workforce, was held at Seoul City Hall on November 20, drawing approximately 500 participants including industry workers, experts, and officials. The conference, organized by the Seoul 120 Dasan Call Foundation, revealed [...]

Seoul’s Myeong-dong Ranks 9th Among World’s Most Expensive Retail Districts

Seoul’s Myeong-dong Ranks 9th Among World’s Most Expensive Retail Districts

SEOUL, Nov. 21 (Korea Bizwire) – Seoul’s bustling Myeong-dong district has emerged as the ninth most expensive retail location globally, according to a new report by Cushman & Wakefield Korea. The real estate services firm analyzed retail rental prices in 138 major cities, revealing that Myeong-dong’s annual average rent per square meter reached ₩10.32 million, a [...]

Teachers Report Dramatic Shift in Workplace Stress Over Past Two Decades, Survey Shows

Teachers Report Dramatic Shift in Workplace Stress Over Past Two Decades, Survey Shows

SEOUL, Nov. 21 (Korea Bizwire) – A new survey has revealed a significant transformation in South Korean teachers’ workplace experiences and perceptions over the past 20 years, with student misconduct and parental complaints now ranking as their primary source of stress, replacing administrative overload as the top concern from two decades ago.  The Korean Education Policy [...]

South Korea’s E-Commerce Market Set to Surpass $118 Billion in 2024 Amid Rapid Growth

South Korea’s E-Commerce Market Set to Surpass $118 Billion in 2024 Amid Rapid Growth

SEOUL, Nov. 20 (Korea Bizwire) – South Korea’s e-commerce market is growing at a fast pace and is expected to grow 10.2 percent on-year to surpass 164 trillion won (US$118 billion) this year, a global market research firm said Wednesday. The Korean e-commerce market is set to reach 164.3 trillion won in 2024, up from [...]

South Korea Leads OECD in 5G Infrastructure and Connectivity, Offers Lowest Triple-Play Prices

South Korea Leads OECD in 5G Infrastructure and Connectivity, Offers Lowest Triple-Play Prices

SEOUL, Nov. 20 (Korea Bizwire) – South Korea has one of the best fifth-generation (5G) communications network infrastructures among the member states of the Organization for Economic Cooperation and Development (OECD), a report showed Wednesday. The country had the highest number of 5G base stations relative to its population, with 593 stations per 100,000 inhabitants, [...]

7 in 10 Women Cite Child-rearing, Pregnancy as Reasons for Career Break: Data

7 in 10 Women Cite Child-rearing, Pregnancy as Reasons for Career Break: Data

SEOUL, Nov. 19 (Korea Bizwire) — Nearly 7 in 10 married South Korean women have experienced career interruptions due to pregnancy and child-rearing, data showed Tuesday. The number of married women aged 15-54 who left the workforce reached 1.22 million in the first half of this year, according to the data from Statistics Korea. This [...]

Naver Faces Declining Market Share as AI-Powered Search Engines Reshape South Korea’s Search Landscape

Naver Faces Declining Market Share as AI-Powered Search Engines Reshape South Korea’s Search Landscape

SEOUL, Nov. 18 (Korea Bizwire) – The rate of online searches via Naver Corp., South Korea’s leading internet portal operator, in the country has seen a significant drop over the past nine years amid growing competition, an industry report showed Monday. The Korean portal giant took up a 57.32 percent share of the domestic search [...]

Young South Koreans More Open to Having Children Outside Marriage

Young South Koreans More Open to Having Children Outside Marriage

SEOUL, Nov. 18 (Korea Bizwire) – A significant shift in attitudes toward traditional family structures is emerging among South Korea’s younger generation, with two in five people in their 20s now believing that marriage is not a prerequisite for having children, according to a new government survey. The 2024 Social Survey by Statistics Korea reveals that [...]