SEOUL, Apr. 23 (Korea Bizwire) — The number of South Korean users subscribing to U.S. video streaming platform Netflix Inc. has steadily increased to surpass the 1.5 million mark, mainly on the back of the popularity of original local content, industry data showed Tuesday. Netflix is estimated to have 1.53 million paid active streaming subscribers [...]
SEOUL, Apr. 17 (Korea Bizwire) — A record number of foreigners visited South Korea for medical purposes last year, as the country has been ramping up a drive to woo more foreign visitors, the health ministry said Wednesday. According to the ministry, 378,967 foreigners visited the country for medical services last year, sharply up 17.8 [...]
SEOUL, Apr. 10 (Korea Bizwire) — The number of cases in which emergency responders drove ambulances to take people affected by respiratory ailments to hospitals rose to a five-year high in the first quarter of the year amid an onslaught of worsened air pollution, government data showed Wednesday. The data from the National Fire Agency [...]
SEOUL, Apr. 3 (Korea Bizwire) — The daily amount of payments made electronically nearly doubled last year as a growing number of South Koreans are carrying out their financial transactions on smartphones, central bank data showed Wednesday. The daily average for electronic financial transactions came to a record 126.1 billion won (US$111.1 million) in 2018, [...]
SEOUL, Apr. 1 (Korea Bizwire) — The number of postpartum care centers nationwide has fallen, a report said Monday, likely an indication of the falling birthrate. The Korea Institute of Child Care and Education put the number of such centers at 584 last year, compared to 610 in 2015. The data, collected through the Ministry [...]
SEOUL, Apr. 1 (Korea Bizwire) — Loans and the loan default rate both rose for the self-employed last year, the regulator’s data showed Monday. The loans extended to the self-employed totaled 389.8 trillion won (US$342.83 billion) at the end of the third quarter last year, up 13.9 percent from the same period of the previous [...]
SEOUL, Mar. 28 (Korea Bizwire) — South Korea’s Internet banking services grew at a fast clip last year, with the number of daily transactions and their total value reaching record highs, central bank data showed Thursday. The number of online banking service users came to a record 146.56 million as of the end of 2018, [...]
SEJONG, Mar. 28 (Korea Bizwire) — South Korea’s statistics agency forecast Thursday that the country’s population is likely to peak at 51.94 million in 2028 before declining to 39.29 million in 2067. Statistics Korea’s latest medium variant projection is bleaker than its previous assessment, made in 2016, when South Korea’s population was projected to fall [...]
SEOUL, Mar. 22 (Korea Bizwire) — Only one in five single South Korean women said they want to get married, data showed Friday, underscoring the tough social challenges facing Asia’s fourth-largest economy amid a record low fertility rate. The data compiled by Statistics Korea showed that 22.4 percent of single women are looking to tie [...]
SEOUL, Mar. 21 (Korea Bizwire) — The Financial Supervisory Service (FSS) announced on Wednesday that there have been 270,000 medical insurance subscriptions over the past 10 months for a new insurance policy that was launched last year. The insurance policy, which was released in April of last year, is a product with a lowered threshold [...]