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Tens of Thousands Opt to Die with Dignity After Passage of Law: Data

Tens of Thousands Opt to Die with Dignity After Passage of Law: Data

SEOUL, Jan. 30 (Korea Bizwire) — More than 35,000 terminally ill patients have chosen to forgo life-prolonging treatment since South Korea legalized the right to die with dignity, government data showed Wednesday. The law went into effect on Feb. 4 last year, allowing patients to sign up to forgo a “meaningless extension of life” by [...]

23 pct of S. Korean Singles Say They Don’t Plan to Have Children: Poll

23 pct of S. Korean Singles Say They Don’t Plan to Have Children: Poll

SEOUL, Jan. 29 (Korea Bizwire) — Nearly one out of four single South Koreans don’t want to have babies, even after they marry, due to concerns over child-rearing costs, a survey showed Tuesday. According to a survey by matchmaking agency Duo Info Corp., 37.6 percent of unmarried respondents said they want to have a child [...]

S. Korean Rice Consumption Falls to All-time Low in 2018

S. Korean Rice Consumption Falls to All-time Low in 2018

SEOUL, Jan. 28 (Korea Bizwire) — Per capita rice consumption in South Korea dropped to a record low in 2018, data showed Monday, although the rate of decrease slowed compared with recent years on the back of the popularity of ready-to-eat meals. According to the data by Statistics Korea, the average annual consumption of rice [...]

S. Korea’s Private Consumption Grows at Steepest Rate in 7 Years

S. Korea’s Private Consumption Grows at Steepest Rate in 7 Years

SEOUL, Jan. 27 (Korea Bizwire) — South Korea’s private consumption grew at the fastest rate in seven years in 2018, data showed Sunday. According to the Bank of Korea, South Korea’s private consumption grew 2.8 percent in 2018, marking the highest figure since the 2.9 percent posted in 2011. The country’s growth in terms of [...]

Duty-free Sales from Japanese Visitors Up Despite Military Tension

Duty-free Sales from Japanese Visitors Up Despite Military Tension

SEOUL, Jan. 27 (Korea Bizwire) — South Korean duty-free stores saw their sales from Japanese consumers rise sharply on-year in January despite the on-going military tension between the two countries, apparently on the back of the strong Japanese yen, industry sources said Sunday. Sales from Japanese consumers at a Lotte Duty Free shop in Seoul’s [...]

Asian Tourists Favor Myeongdong but Americans, Europeans Prioritize Palaces in Seoul: Study

Asian Tourists Favor Myeongdong but Americans, Europeans Prioritize Palaces in Seoul: Study

SEOUL, Jan. 25 (Korea Bizwire) — Foreign tourists have varying tastes when it comes to sightseeing spots in Seoul, depending on their nationality, a research paper showed Friday. Visitors from Asia prefer Myeongdong, one of the capital’s main shopping districts, while European and American tourists are most impressed by royal palaces, according to the paper [...]