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Half of S. Koreans Feel Relatively Deprived Due to ‘Incompetent’ Parents

Half of S. Koreans Feel Relatively Deprived Due to ‘Incompetent’ Parents

SEOUL, Sept. 17 (Korea Bizwire) — One in two adults feels relatively deprived that other parents are involved in their child’s success in society. Saramin, a South Korean job search platform, conducted a survey of 3,289 adults, 52.5 percent of whom responded that they felt relatively deprived because of how other parents exercised influence on [...]

S. Koreans’ Overseas Direct Purchases Up 20 pct in First Half

S. Koreans’ Overseas Direct Purchases Up 20 pct in First Half

SEJONG, Sept. 17 (Korea Bizwire) — South Koreans’ direct purchases from foreign countries rose 20 percent in the first six months of 2019 from a year earlier as more consumers opted to buy quality goods at cheap prices, customs data showed Tuesday. South Korean shoppers bought a total of US$1.58 billion worth of foreign goods [...]

Business Administration Most Popular University Major in S. Korea

Business Administration Most Popular University Major in S. Korea

SEOUL, Sept. 15 (Korea Bizwire) — Business administration appears to be the most popular and common major for South Korean university students, with domestic universities having more than 800 departments of business administration, a report said Saturday. According to the report by the Korean Educational Development Institute, four-year universities in South Korea had a total [...]

Bulk of S. Korea’s Farmland Belongs to People Over 60

Bulk of S. Korea’s Farmland Belongs to People Over 60

SEOUL, Sept. 13 (Korea Bizwire) — The bulk of farmland in South Korea is owned by people over 60, data from the Korea Rural Economic Institute (KREI) showed Friday, raising concerns about the long-term sustainability of the country’s agricultural sector. The latest findings, based on information collected from Statistics Korea, showed that seniors control around [...]