SEOUL, June 25 (Korea Bizwire) — The number of urban dwellers seeking to resettle in farms or fishing towns has decreased over the past two years, but the new coronavirus pandemic is expected to push the figure back up as more people will search for new job opportunities, data showed Thursday. The number of South [...]
SEOUL, June 25 (Korea Bizwire) — Sales of imported commercial vehicles in South Korea plunged 33 percent last month from a year earlier on an economic slowdown, an industry association said Thursday. The number of newly registered imported commercial vehicles fell to 306 units in May from 459 a year earlier, according to the Korea [...]
SEOUL, June 23 (Korea Bizwire) – Nine in 10 South Koreans fear they could be discriminated against following the coronavirus outbreak, a poll said Tuesday, indicating the pandemic may have heightened public sensitivity to discrimination. In the poll of 1,000 adults nationwide by the National Human Rights Commission, 91.1 percent said they agree to the [...]
SEJONG, June 23 (Korea Bizwire) — About half of married couples in South Korea had dual incomes in 2019, data showed Tuesday, an indication that many couples are continuing to work after marriage to support their families. The number of double-income households reached 5.66 million as of October 2019, accounting for 46 percent of all [...]
SEOUL, June 22 (Korea Bizwire) — South Korea’s shipbuilders, led by Hyundai Heavy Industries Co., suffered from a sharp drop in new orders in the first five months of the year, falling sharply short of their annual order targets due to the coronavirus outbreak and a drop in oil prices, the companies’ data showed Monday. [...]
SEOUL, June 22 (Korea Bizwire) — South Korean businesses struggled to stay afloat amid new coronavirus-caused slump in the first quarter, either by borrowing more money or selling their assets to secure much-needed liquidity, a report showed Monday. According to the report from the Korea Economic Research Institute (KERI), the outstanding debt owed by 623 [...]
SEOUL, June 21 (Korea Bizwire) — South Korea’s household debt to the gross domestic product grew at the fastest pace among 43 countries in the world last year, leading the country’s overall private-sector debt to also expand at one of the biggest rates, data showed Sunday. The ratio of the country’s household debt to GDP [...]
SEOUL, June 20 (Korea Bizwire) — Church attendance and giving in South Korea have been sharply reduced due to the coronavirus pandemic, a survey showed on Saturday. In the survey of 1,135 member pastors of the General Assembly of Presbyterian Church in Korea, 68.8 percent said church donations have decreased due to COVID-19, while 30.1 [...]
SEOUL, June 20 (Korea Bizwire) — One out of 10 teenagers in South Korea has experienced a form of sexual inducement online, such as being asked to provide a video of their body, over the past three years, a poll showed Saturday, indicating many youths are vulnerable to sexual exploitation. In the survey of 6,423 [...]
SEOUL, June 19 (Korea Bizwire) — A majority of South Koreans think discrimination and human rights violations in the country are serious, a survey showed Friday. The National Human Rights Commission of Korea unveiled the results of its first annual survey on human rights conditions in the country, conducted with 13,077 adults across the country [...]