SEOUL, July 30 (Korea Bizwire) — South Korea’s credit card spending rose sharply in the second quarter of 2025, buoyed by recovering consumer sentiment and optimism over potential economic stimulus measures in the second half of the year. According to data released Wednesday by the Credit Finance Association, total card-approved transactions reached 313 trillion won [...]
SEOUL, July 30 (Korea Bizwire) — August has emerged as the deadliest month for drowsy driving-related fatalities in South Korea, with the summer vacation season and long-distance travel contributing to a sharp rise in accidents, according to data released Wednesday by the National Police Agency. Between 2020 and 2024, a total of 9,559 drowsy driving [...]
SEOUL, July 30 (Korea Bizwire) — South Koreans are living longer than most of their global peers, but the country continues to grapple with the highest suicide rate among OECD nations, underscoring a stark contrast between physical longevity and mental well-being. According to the OECD Health Statistics 2025 report released Wednesday by South Korea’s Ministry [...]
SEOUL, July 30 (Korea Bizwire) — South Korea has one of the lowest numbers of practicing physicians among developed nations, but its citizens visit the doctor more often than anywhere else in the OECD, highlighting a paradox of limited manpower and high demand in the nation’s healthcare system. According to the OECD Health Statistics 2025 [...]
SEOUL, July 30 (Korea Bizwire) — South Korean employees are spending an estimated 25.1 billion hours annually on repetitive administrative work, including data management and routine reporting, according to a global survey released Monday by Dropbox in partnership with polling firm YouGov. The survey, which included over 10,000 full- and part-time workers across seven countries [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s over-the-top (OTT) streaming market has firmly established itself as a new standard in media consumption, with more than 20 million monthly active users (MAUs) now regularly engaging with major platforms. According to new data released Tuesday by WiseApp Retail, a market analysis firm tracking real-time app and payment [...]
SEOUL, July 29 (Korea Bizwire) — South Koreans are sleeping less, working and studying less, and spending more time consuming digital media than ever before, according to a new government survey tracking the nation’s evolving daily routines. The Statistics Korea report, released Monday, showed that for the first time since the time-use survey began in [...]
SEOUL, July 29 (Korea Bizwire) — South Korean elementary school students are spending more time studying than ever, while their sleep and playtime continue to shrink, reflecting the intensifying pressure of early academic competition, according to new government data released Monday. The 2024 Time Use Survey by Statistics Korea found that elementary students now study [...]
SEOUL, July 28 (Korea Bizwire) — For years, Samsung Electronics has reigned as the top choice among South Korean college students aspiring to land their first job. But that crown has now passed to another tech giant—SK hynix. In a shift that reflects the evolving aspirations of a new generation of job seekers, SK hynix has [...]
SEOUL, July 28 (Korea Bizwire) — Eco-friendly vehicle registrations in South Korea have surpassed the 3-million mark for the first time, driven by rising demand for hybrid and electric vehicles (EVs), government data showed Monday. According to the data from the transport ministry, the cumulative number of registered vehicles nationwide stood at 26.41 million as [...]