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Service Jobs in Retail Sector Offer Poor Work-Life Balance

Service Jobs in Retail Sector Offer Poor Work-Life Balance

SEOUL, Dec. 13 (Korea Bizwire) – At least half of the workers holding down service jobs in the retail sector have reported to work despite feeling unwell, a survey has found. Working while sick was one topic of discussion that was held among National Assembly politicians on December 13, during which the results of a [...]

Majority of Adults Give the Nod that “S. Korea Is Hell Joseon”

Majority of Adults Give the Nod that “S. Korea Is Hell Joseon”

SEOUL, Dec. 7 (Korea Bizwire) – A survey has revealed that more than half of South Korean adults see their native country in a negative light.  Jobs website Incruit reported that 62.7 percent of 3,710 users and adults who had participated in its survey responded that they were in agreement with the statement “Our country [...]

Internet-only Banks Beat Out Traditional Mobile Banking in Consumer Satisfaction Survey

Internet-only Banks Beat Out Traditional Mobile Banking in Consumer Satisfaction Survey

SEOUL, Dec. 7 (Korea Bizwire) – Internet-only banks like K Bank and Kakao Bank are rated higher in consumer satisfaction than online banking services provided by traditional financial institutions, but trust issues with the online services remain. Consumer satisfaction with internet-only banks was higher in six categories, among them bank fees and interest rates, compared [...]

Foreign IBs Revise Up S. Korea’s Growth Outlook

Foreign IBs Revise Up S. Korea’s Growth Outlook

SEOUL, Dec. 7 (Korea Bizwire) — Major foreign investment banks (IBs) have upgraded their 2018 growth forecasts for the South Korean economy on its strong exports, a report showed Thursday. According to the report by the Korea Center for International Finance, Barclays, Goldman Sachs and seven other foreign IBs have forecast Asia’s fourth-largest economy to [...]

Public Interest in Blue House Petitions Surges

Public Interest in Blue House Petitions Surges

SEOUL, Dec. 5 (Korea Bizwire) – Over 56,000 online petitions have been created since President Moon Jae-in, to commemorate his 100th day in office, said the Blue House website would serve as a bulletin board for citizens to post their requests directly to the nation’s highest ranking public servant. So far, seven petitions have accrued [...]

3 Out of 10 Top Shipowning Company Managers Eye New Ships in Next 12 Months

3 Out of 10 Top Shipowning Company Managers Eye New Ships in Next 12 Months

SEOUL, Dec. 5 (Korea Bizwire) — Three out of 10 shipowning company managers said they are likely to order new ships within the next 12 months, according to an industry report, in a sign that the maritime sector sees light at the end of the tunnel. SMM, the leading international maritime trade fair that takes [...]

Largest-ever Skin Impression on Dinosaur Footprint Found in S. Korea

Largest-ever Skin Impression on Dinosaur Footprint Found in S. Korea

BUSAN, Dec. 4 (Korea Bizwire) — A South Korean research team said Monday it has recently uncovered a large skin impression on a sauropod dinosaur footprint from the Early Cretaceous period in floodplain deposits in southeastern South Korea. The team led by Paik In-sung, an earth and environmental science professor at Pukyong National University, exposed [...]

Happiness Levels Among 20-Year Olds Dropping Rapidly

Happiness Levels Among 20-Year Olds Dropping Rapidly

SEOUL, Nov. 30 (Korea Bizwire) – Self-reported happiness levels of young adults in their 20s have declined sharply by 10 percentage points in just six years, a survey has found.  The survey also found that a higher percentage of high earners thought of themselves as happy, with 66 percent of those who earned more than [...]