SEOUL, Mar. 11 (Korea Bizwire) — The number of gas stations in South Korea dropped for the fourth straight year in 2018 amid worsening profitability facing the industry, data showed Monday. As of end-December, 11,769 petrol stations were operational across the country, down 196 from a year earlier, according to the data by the Korea [...]
SEOUL, Mar. 11 (Korea Bizwire) — Growth of South Korea’s housing-related outlays reached a five-year high in 2018 due mainly to severe cold waves and scorching heat, central bank data showed Monday. Local households spent 148.4 trillion won (US$131 billion) on heating, water use and rent last year, up 4.3 percent from a year earlier, [...]
SEOUL, Mar. 10 (Korea Bizwire) — South Korean workers’ spending on education and hobbies increased last year, due largely to the implementation of the government’s 52-hour workweek policy, government data showed Sunday Total household spending on private education came to 42.24 trillion won (US$37.15 billion) last year, up 3.22 percent from a year earlier, according [...]
SEOUL, Mar. 10 (Korea Bizwire) — Job openings in South Korea dropped to an 88-month low on the last working day of January, a clear testament to the difficulties facing people trying to find work, state statistics showed Sunday. The Korean Statistical Information Service said that nationwide job openings for businesses with one or more [...]
SEOUL, Mar. 8 (Korea Bizwire) — More than 6 in 10 South Korean adults think North Korea will never give up its nuclear weapons, a poll by Gallop Korea said Friday. The survey of 1,003 adults older than 19, conducted nationwide between Tuesday and Thursday, found 64 percent answered Pyongyang will never abandon its nuclear [...]
SEOUL, Mar. 7 (Korea Bizwire) — As one of some of the worst air pollution ever has swept across South Korea for six straight days, many people are particularly concerned for their health. A recent study revealed that continuous exposure to ultrafine dust can infiltrate facial pores and quicken the aging process, resulting in facial [...]
DAEJEON, Mar. 7 (Korea Bizwire) — People living in cities with vast urban forests are 18.7 percent less likely to suffer from depression than those living in a cities with fewer green spaces. According to the National Institute of Forest Science (NIFoS) on Wednesday, Prof. Lee Jong-tae of Korea University evaluated 651,128 adults living in [...]
SEOUL, Mar. 6 (Korea Bizwire) — Foreigners visiting South Korea for medical treatment are largely satisfied with the service they received, a poll showed Wednesday. Foreign patients gave an average rating of 90.5 points for the service received in 2018, with numbers generally climbing over the years, the Ministry of Health and Welfare. Last year’s [...]
SEOUL, Mar. 6 (Korea Bizwire) — A research arm of the Seoul Metropolitan Government said Wednesday that the recent high concentrations of ultrafine particles in the capital area have been caused by deteriorating weather conditions, including stagnant air. The Seoul Research Institute of Public Health and Environment said pollutants blowing in from abroad have combined [...]
SEOUL, Mar. 6 (Korea Bizwire) — Slightly over 1 in 100 executives at South Korea’s top 30 conglomerates are women, data showed Wednesday, pointing to a high C-suite glass ceiling in Asia’s fourth-largest economy. As of end-September last year, 256 units of the leading business groups had 21 female directors, a mere 1.3 percent of [...]