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‘Owner Risk’ an Important Factor When Choosing Where to Dine

‘Owner Risk’ an Important Factor When Choosing Where to Dine

SEOUL, Dec. 20 (Korea Bizwire) — Consumers consider the brand’s ‘owner risk’ as an important standard of choice when eating out. According to a survey of 1,000 men and women between the ages of 16 and 64 conducted by market research firm Embrain Trend Monitor, more than half of respondents felt that “There have been [...]

Korean Cuisine Effective for Weight Loss, Avoiding Illness

Korean Cuisine Effective for Weight Loss, Avoiding Illness

SEOUL, Dec. 18 (Korea Bizwire) — Consuming Korean traditional cuisine, known as “hansik,” on a daily basis is effective for weight loss and lowering cholesterol levels, a study showed Wednesday. In an experiment conducted on participants who were strictly provided either hansik or western dishes, the average cholesterol levels of participants given hansik decreased 9.5 [...]

Foreign Seasonal Workers Offset Labor Shortage in Agricultural and Fisheries Industry

Foreign Seasonal Workers Offset Labor Shortage in Agricultural and Fisheries Industry

CHUNCHEON, Dec. 17 (Korea Bizwire) — Foreign workers have soared in number in Gangwon Province following the introduction of the seasonal foreign worker program three years ago. The Bank of Korea (BOK) Gangwon Branch reported that there are currently 13,755 foreign workers in Gangwon Province. Since 2015, the number rose by 19.6 percent with an [...]

China Biggest Buyer of Korean Cosmetics in 2018

China Biggest Buyer of Korean Cosmetics in 2018

SEOUL, Dec. 17 (Korea Bizwire) — China was the biggest buyer of South Korean beauty products last year, accounting for more than 60 percent, a report showed Tuesday. The report compiled by the Korea International Trade Association (KITA) showed that 65.6 percent of outbound shipments of locally made cosmetics products headed to China, Hong Kong [...]

Single-member Households to Become Most Common Type in 2047

Single-member Households to Become Most Common Type in 2047

SEJONG, Dec. 16 (Korea Bizwire) — One-person families will likely become the most common household type in all South Korean cities and provinces in the next 30 years amid the country’s low birthrate and rapidly aging population, data showed Monday. Households consisting of a single member are forecast to account for 37.3 percent of all [...]

Study Draws Attention to Indirect Consequences of Drinking

Study Draws Attention to Indirect Consequences of Drinking

SEOUL, Dec. 16 (Korea Bizwire) — It has been shown that similar to smoking, the indirect consequences of drinking are frequent, resulting in harm to third parties. According to a survey of 3,000 adults nationwide conducted by the Korea Centers for Disease Control and Prevention, 33.7 percent of all respondents experienced more than one indirect [...]