SEOUL, Nov. 7 (Korea Bizwire) — Seniors are increasing in proportion among taxi drivers in Seoul. According to Seoul city councilman Chung Ji-kwon, taxi drivers in their 80s soared from 92 people in 2014 to 260 this year. Drivers in their 70s increased from 7,054 to 12,252 people during the same period. To ensure the [...]
SEOUL, Nov. 6 (Korea Bizwire) — Elderly South Koreans’ medical spending covered by the state health insurance program exceeded the 30-trillion-won (US$25.9 billion) mark to reach a record high in 2018, data showed Wednesday. Medical expenses for people aged 65 and older came to an all-time high of 31.8 trillion won last year, according to [...]
SEOUL, Nov. 6 (Korea Bizwire) — A recent survey has revealed that the more job seekers spend on finding a job, the more likely they are to pass necessary exams. According to a survey of 1,478 job seekers conducted by job portal Incruit and part-time job search app AlbaCall, 58.6 percent believed that their success [...]
SEJONG, Nov. 6 (Korea Bizwire) — The number of international marriages between a South Korean national and a foreigner rose 8.5 percent in 2018 from a year earlier, government data showed Wednesday. There were 23,773 international marriages last year, up 1,856 from 2017, according to the data by Statistics Korea. It marked the second straight [...]
SEOUL, Nov. 5 (Korea Bizwire) — Female workers working more than 70 hours per week are 1.7 times more likely to suffer a miscarriage than those who work fewer than 50 hours a week. A research team led by Prof. Lee Jun-hee from Soonchunhyang University Hospital Seoul and Prof. Lee Wan-hyung from Gachon University Gil [...]
SEOUL, Nov. 5 (Korea Bizwire) — A majority of workers in their 20s and 30s are stressed at office get-togethers, and do not enjoy drinking parties. According to a survey of about 800 office workers in their 20s and 30s conducted jointly by the job portal Incruit and part-time job search app Albacall, 70 percent [...]
SEJONG, Nov. 5 (Korea Bizwire) — The number of nonwage workers such as those self-employed in South Korea edged down 0.9 percent in 2019 from a year earlier amid a protracted economic slump, government data showed Tuesday. There were 6.79 million unsalaried workers as of August, down 62,000 from the same period in 2018, according [...]
SEOUL, Nov. 5 (Korea Bizwire) — Imported car sales in South Korea rose 6.2 percent on-year last month helped by new models, but Japanese brands still struggled feeling the pinch of a boycott against Japanese goods amid trade tensions between Seoul and Tokyo, industry data showed Tuesday. The number of newly registered foreign vehicles rose [...]
SEOUL, Nov. 5 (Korea Bizwire) — The number of private funds in South Korea has fallen sharply over the past three months in the wake of alleged trading irregularities and a liquidity crisis at a major player, data showed Tuesday. The country’s privately placed funds, including private equity funds and hedge funds, totaled 11,177 as [...]
SEOUL, Nov. 3 (Korea Bizwire) – The monthly data usage by users of smartphones running on fifth-generation (5G) networks reached a record high in September, data showed Sunday amid the growing demand for mobile content. The combined amount of data used by South Korean users of 5G mobile devices reached 87,928 terabytes (TB), according to [...]