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S. Korea’s Internet Banking Transactions Surge to Record High in 2018

S. Korea’s Internet Banking Transactions Surge to Record High in 2018

SEOUL, Sept. 10 (Korea Bizwire) — The number and value of daily banking transactions via the internet climbed to new highs last year, with internet banking accounting for more than half of all bank transactions for the first time in history, central bank data showed Tuesday. The average number of daily transactions processed via the [...]

90 pct of Juveniles Commit Crime Again Within One Year of First Offense

90 pct of Juveniles Commit Crime Again Within One Year of First Offense

SEOUL, Sept. 9 (Korea Bizwire) — A majority of teenagers placed under probation for committing crimes have been found to have committed crimes again within a year. A total of 4,163 teenagers committed crimes again despite being subjected to probation in 2017, according to crime analysis statistics jointly released Sunday by the Korea Youth Counseling [...]

Socially Inactive Seniors Four Times More Likely to Suffer from Depression

Socially Inactive Seniors Four Times More Likely to Suffer from Depression

SEOUL, Sept. 6 (Korea Bizwire) — A recent study has revealed that solitary seniors not engaging in any social activity are four times more likely to suffer from depression than those who do. A joint research team from Asan Medical Center and the Pyeongchang Public Health Center conducted a study of 408 senior citizens who [...]

16.7 pct of Men Want Commemorative Rites, Compared to Only 2.4 pct of Women

16.7 pct of Men Want Commemorative Rites, Compared to Only 2.4 pct of Women

SEOUL, Sept. 6 (Korea Bizwire) — The gap between men and women is significant in the opinion of ancestral rites, a major topic for the upcoming Chuseok holiday. According to a survey of 656 union members conducted by the Federation of Korean Trade Unions (FKTU), 16.7 percent of men said they wanted their offspring to [...]

No. of S. Koreans Traveling to Japan Dives amid Boycott Campaign

No. of S. Koreans Traveling to Japan Dives amid Boycott Campaign

SEOUL, Sept. 4 (Korea Bizwire) — The number of South Korean tourists visiting Japan plunged more than 19 percent on-year last month due to a widening voluntary “Japan tour boycott” campaign against Tokyo’s recent implementation of strict trade regulations on Seoul, the country’s main airport operator said Wednesday. According to the Incheon International Airport Corp., [...]

Number of Accidents Involving Two-wheeled Vehicles in Seoul Increases with Spread of Delivery Culture

Number of Accidents Involving Two-wheeled Vehicles in Seoul Increases with Spread of Delivery Culture

SEOUL, Sept. 4 (Korea Bizwire) — The number of motorcycles and other two-wheeled accidents is on the rise due to the increasing popularity of delivery culture. Traffic accidents involving two-wheeled vehicles in Seoul totaled 6,404 this year as of August 31, according to the Seoul Metropolitan Police Agency (SMPA) Tuesday. Compared with the same period [...]

Southeast Asian Countries Replace Japan as Most Popular Destination for Chuseok Holidays

Southeast Asian Countries Replace Japan as Most Popular Destination for Chuseok Holidays

SEOUL, Sept. 3 (Korea Bizwire) — As South Korea continues to boycott Japanese products in response to economic retaliation from Japan, this year’s most sought-after tourist destination for the Chuseok holidays is also changing. Wemakeprice Inc., a local open market operator, said that the majority of South Koreans booked flights to Vietnam, Thailand, and other [...]