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6 Out of 10 Customers Express Willingness to Use Public Payment Service

6 Out of 10 Customers Express Willingness to Use Public Payment Service

SEOUL, Mar. 19 (Korea Bizwire) — Nearly 70 percent of customers have a positive view of the Seoul city government’s smartphone-based payment system, but a fewer number actually plan to use the service, a survey showed Tuesday. According to the survey by the Korea Foodservice Industry Research Institute involving 600 residents in Seoul, 67 percent [...]

Diesel Cars Account for More than Half of Total Distance Travelled by Cars in S. Korea

Diesel Cars Account for More than Half of Total Distance Travelled by Cars in S. Korea

SEOUL, Mar. 18 (Korea Bizwire) — Diesel cars, known to be one of the major causes of air pollution, comprised nearly half of all automobiles driven in South Korea last year. The Korea Transportation Safety Authority announced last Friday that cars in South Korea covered a total distance of 327.1 billion kilometers last year, an [...]

170 Foreigners Acquired Permanent Residence Through Investment from 2010 to 2017

170 Foreigners Acquired Permanent Residence Through Investment from 2010 to 2017

SEOUL, Mar. 18 (Korea Bizwire) — Chinese account for 93 percent of all foreigners who acquired permanent residence in South Korea through investment, according to the IOM Migration Research and Training Center. The center revealed that in the 2010 to 2017 period, there were 1,901 cases of foreigners acquiring an Korean residence visas through investment. [...]

11 pct Rise in Employees with Fewer than 15 Hours of Work per Week

11 pct Rise in Employees with Fewer than 15 Hours of Work per Week

SEOUL, Mar. 18 (Korea Bizwire) — Employees with fewer than 15 hours of work hours per week increased in number last year, while they shrank in size in the wholesale/retail and food/lodging industries. The results overturn prior expectations that the higher minimum wage has forced employers in the wholesale/retail and food/lodging industries to hire workers [...]

7 in 10 Victims of Humidifier Sterilizer Scandal Suffer from Chronic Anger: Survey

7 in 10 Victims of Humidifier Sterilizer Scandal Suffer from Chronic Anger: Survey

SEOUL, Mar. 14 (Korea Bizwire) — Seven in 10 surviving victims of a deadly humidifier sterilizer scandal in South Korea are suffering from chronic anger, a government committee said Thursday. The Special Commission on Social Disaster Investigation made the announcement after polling 100 households victimized by the unprecedented scandal between Oct. 2 and Dec. 20 [...]

Seoul Has the Least Urban Green Space per Capita in the Country: Study

Seoul Has the Least Urban Green Space per Capita in the Country: Study

SEOUL, Mar. 13 (Korea Bizwire) – A recent survey showed that Seoul has the lowest availability of urban green space per capita in South Korea. According to the Korea Forest Service, the urban green space available for each resident of Seoul last year was no more than 4.38㎡, which was the smallest tally among 17 cities and [...]

City Dwellers Find Success as Farmers After Returning to the Countryside

City Dwellers Find Success as Farmers After Returning to the Countryside

SEJONG, Mar. 12 (Korea Bizwire) — In South Korea, more than half of urban residents returning to the countryside for farming went back to their hometown to start a farming business, and recent data shows that in as little as five years, their household income surpassed the average income in the country’s farming industry. The [...]