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96 pct of S. Koreans Think Apartment Complexes Should Have Gardens

96 pct of S. Koreans Think Apartment Complexes Should Have Gardens

SEOUL, Apr. 2 (Korea Bizwire) — A recent survey has revealed that most South Koreans think that apartment complexes need vegetable gardens. The Rural Development Administration (RDA) released the results of a survey on Monday conducted from April to July last year. According to the survey of 586 adults aged 19 or older, 95.6 percent, [...]

Loans, Default Rate Both Increase for Self-employed in 2018

Loans, Default Rate Both Increase for Self-employed in 2018

SEOUL, Apr. 1 (Korea Bizwire) — Loans and the loan default rate both rose for the self-employed last year, the regulator’s data showed Monday. The loans extended to the self-employed totaled 389.8 trillion won (US$342.83 billion) at the end of the third quarter last year, up 13.9 percent from the same period of the previous [...]

Half of S. Koreans Expect U.S., N. Korea Won’t Reach Agreement on Denuclearization: Poll

Half of S. Koreans Expect U.S., N. Korea Won’t Reach Agreement on Denuclearization: Poll

SEOUL, Mar. 31 (Korea Bizwire) — Half of South Koreans believe that the United States and North Korea will not reach an agreement on the issues of denuclearization and the lifting of economic sanctions, a poll released Sunday showed. According to the Korea Society Opinion Institute (KSOI) poll of 1,008 adults nationwide, 50 percent said [...]

Increased Levels of Heavy Metal Substances in the Atmosphere Following National Festivities in China

Increased Levels of Heavy Metal Substances in the Atmosphere Following National Festivities in China

SUWON, Mar. 29 (Korea Bizwire) — The Gyeonggi-do Institute of Health and Environment (GIHE) released a report that suggests that fireworks that took place in various locations in China during national holidays were the cause of increased heavy metal concentrations in fine dust sweeping over Gyeonggi Province. The institute, using a real-time heavy metal analyzer [...]

Internet Banking Users in S. Korea Rise 8.5 pct in 2018

Internet Banking Users in S. Korea Rise 8.5 pct in 2018

SEOUL, Mar. 28 (Korea Bizwire) — South Korea’s Internet banking services grew at a fast clip last year, with the number of daily transactions and their total value reaching record highs, central bank data showed Thursday. The number of online banking service users came to a record 146.56 million as of the end of 2018, [...]

Statistics Agency Says S. Korea’s Population Likely to Peak in 2028

Statistics Agency Says S. Korea’s Population Likely to Peak in 2028

SEJONG, Mar. 28 (Korea Bizwire) — South Korea’s statistics agency forecast Thursday that the country’s population is likely to peak at 51.94 million in 2028 before declining to 39.29 million in 2067. Statistics Korea’s latest medium variant projection is bleaker than its previous assessment, made in 2016, when South Korea’s population was projected to fall [...]

S. Korean Landlord Has Nearly 200 mln Won in Debt: BOK

S. Korean Landlord Has Nearly 200 mln Won in Debt: BOK

SEOUL, Mar. 28 (Korea Bizwire) — An average landlord in South Korea owed 200 million won (US$176,000) to financial institutions last year, a central bank report showed Thursday. According to the Financial Stability Report submitted by the Bank of Korea (BOK) to parliament, the total financial debt of households that lease homes and commercial buildings [...]

10 pct of Immigrant Children in S. Korea Rejected by Schools

10 pct of Immigrant Children in S. Korea Rejected by Schools

SEOUL, Mar. 27 (Korea Bizwire) — One out of ten immigrants in South Korea have experienced having their children rejected by schools. According to the Ministry of Justice, 10.4 percent of 643 foreign immigrants who participated in a survey said their children had been rejected by schools in the past. Among the respondents, 5.3 percent [...]

Study Says Young Students’ Physical Health Deteriorating

Study Says Young Students’ Physical Health Deteriorating

SEOUL, Mar. 27 (Korea Bizwire) — The obesity rate for young South Korean students swelled to 25 percent last year from 21.2 percent in 2014, marking the fifth straight annual increase, the Ministry of Education said Wednesday. The overall health statistics of elementary, middle and high school students were also found to have deteriorated in [...]