DAEJEON, Dec. 20 (Korea Bizwire) — A big data analysis has showed that a select few can easily dominate public opinion. The Korea Institute of Science and Technology Information (KISTI) announced on Wednesday that it had verified the regularities surrounding the formation of collective intelligence by studying the development process of online encyclopedias, journals, and [...]
SEOUL, Dec. 20 (Korea Bizwire) — An increasing number of South Korean singles are considering family background as an important quality to find a “perfect match”, while age difference is becoming less of an issue. Duo Human Life Research Institute conducted a survey of South Korean citizens between 25 and 39 years of age, asking [...]
SEOUL, Dec. 20 (Korea Bizwire) — The economic gap between North and South Korea has become even more significant this year. According to Statistics Korea, South Korea’s income per capita in 2017 was 23 times larger than that of North Korea. Considering the fact that the gap was 22 times in 2016, the gap grew [...]
SEOUL, Dec. 19 (Korea Bizwire) — South Korea’s newspaper industry is growing, thanks to local daily newspapers, daily economics newspapers, and online newspapers. The Korea Press Foundation (KPF) revealed that total sales for the newspaper industry in 2017 came in around 3.7 trillion won (US$3.28 billion), which was a 3.2 percent increase from the previous [...]
SEJONG, Dec. 19 (Korea Bizwire) — One of out of every five foreigners in South Korea suffer discrimination, due mainly to their nationalities, government data showed Wednesday. The data compiled by Statistics Korea showed that 21.2 percent of 1.3 million foreigners said they were discriminated by South Koreans. Among them, 60.9 percent said they were [...]
SEJONG, Dec. 18 (Korea Bizwire) — More than half of middle-aged South Koreans are in debt, government data showed Tuesday, in the latest sign of growing household debt in Asia’s fourth-largest economy. The data compiled by Statistics Korea showed that 55.2 percent of people, aged between 40 and 64, borrowed money from banks or other [...]
GENEVA, Dec. 18 (Korea Bizwire) — The level of economic participation and opportunity of South Korean women is well below the world average, putting the country in 115th position out of 149 countries in terms of gender equality, according to a report released Tuesday by the World Economic Forum (WEF). The forum’s Global Gender Gap [...]
SEOUL, Dec. 17 (Korea Bizwire) — Eight out of 10 South Korean adults read news on their smartphones, while the readership of physical newspapers sank to one-fifth of its size recorded in 1996, a survey showed Monday. According to the poll of 5,040 adults nationwide conducted by Gallup Korea, 80.8 percent said they read news [...]
SEOUL, Dec. 14 (Korea Bizwire) — An increase in the minimum wage has helped improve productivity at South Korean manufacturing firms in general, but its impact varied by sector and size of business, a report said Friday. South Korea’s minimum wage has gradually increased since the government first implemented the policy in 1988. Between 2011-2016, [...]
SEOUL, Dec. 13 (Korea Bizwire) — A recent study showed that more than 3 in 10 South Koreans (33.3 percent) wanted to live on an island or in cities located near islands. This was particularly the case for those in their 50s (45.1 percent) or men (39.2 percent). The Island Development Research Committee at the [...]