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S. Korea World’s No. 2 Heated Tobacco Market in 2018

S. Korea World’s No. 2 Heated Tobacco Market in 2018

SEOUL, Jul. 9 (Korea Bizwire) – South Korea was the world’s No. 2 heated tobacco market last year, and its growth will gather pace down the road, an industry tracker said Tuesday. The size of South Korea’s heat-not-burn electronic cigarette market reached US$1.67 billion last year, rising sharply from $453 million tallied in 2017, according [...]

7 out of 10 S. Korean Tired of the Culture of Celebrating Everything: Survey

7 out of 10 S. Korean Tired of the Culture of Celebrating Everything: Survey

SEOUL, Jul. 5 (Korea Bizwire) — A recent survey has revealed that 7 in 10 South Koreans are sick of various anniversaries such as Valentine’s Day and Pepero Day. According to a survey of 1,000 men and women aged between 13 to 59 nationwide by local research firm Embrain, 69.6 percent of respondents said they [...]

4 out of 10 S. Koreans to be Aged 65 or Older by 2047: Statistics Agency

4 out of 10 S. Koreans to be Aged 65 or Older by 2047: Statistics Agency

SEJONG, Jun. 27 (Korea Bizwire) – The number of South Koreans aged 65 years or older could surpass 10 million in 2025 and jump to 18.79 million, or 38.4 percent of the country’s population, in 2047, a statistics agency said Thursday. Statistics Korea’s latest projection represented a dramatic hike from the 7.07 million people aged [...]