SEOUL, Mar. 13 (Korea Bizwire) – A groundbreaking study has found that workers transitioning from regular to irregular employment are twice as likely to contemplate suicide compared to their counterparts who remain in regular employment. This significant discovery was made possible through the use of machine learning technology, traditionally employed in the business sector for analyzing [...]
SEOUL, Mar. 13 (Korea Bizwire) – Recent research has revealed that individuals who quit smoking for an extended period can dramatically lower their risk of developing cancer. The study, conducted by a team led by Oh Jin-yyung and Park Eun-jung at the National Cancer Center Graduate School of Cancer Science and Policy, found that those who [...]
SEOUL, Mar. 12 (Korea Bizwire) – South Korea’s MZ generation, encompassing individuals aged 14 to 40, is reportedly more invested in environmental and climate change issues compared to older age groups. However, a recent study by Statistics Korea suggests that their efforts to reduce environmental pollution fall short compared to the actions of those aged 56 [...]
SEOUL, Mar. 12 (Korea Bizwire) – A recent analysis has revealed that more than one-third of the foreign tourists visiting South Korea last year were young individuals under the age of 30, a demographic surge attributed to the global popularity of K-pop, K-food, and K-beauty. The trend is not limited to Asian countries such as Japan, [...]
SEOUL, Mar. 11 (Korea Bizwire) – In a revealing glimpse into the collective psyche of a nation increasingly alarmed by the environmental crisis at its doorstep, a recent comprehensive survey has highlighted the deep concerns harbored by South Koreans over the twin perils of climate change and the burgeoning issue of plastic waste. This widespread apprehension [...]
SEOUL, Mar. 11 (Korea Bizwire) – In recent years, as marriage rates have fallen, the number of wedding venues across the nation has seen a consistent decline. However, a recent study reveals a significant surge in revenue for these venues, a trend uncovered through a comprehensive analysis of the national wedding market utilizing big data. According [...]
SEOUL, Mar. 7 (Korea Bizwire) — South Korean adults’ financial literacy is higher than the Organization for Economic Cooperation and Development (OECD) average, a report showed Thursday. According to the survey by the Bank of Korea and the Financial Supervisory Service, the financial literacy of South Koreans aged between 18 and 79 came to 67 [...]
SEOUL, March 5 (Korea Bizwire) – Online shopping sales in South Korea rose 12.1 percent on-year in January on the back of growing demand for tourism and transportation services ahead of the Lunar New Year holiday, data showed Tuesday. The value of online shopping transactions amounted to 20.28 trillion won (US$15.21 billion) in January, up [...]
SEOUL, Mar. 4 (Korea Bizwire) — South Koreans spent over 40 hours on global video streaming platform YouTube in January, surpassing the mark for the first time, industry data showed Monday. South Koreans users on Android and iOS systems collectively spent a record 111.9 billion minutes on YouTube in January, according to a sample survey [...]
SEOUL, March 3 (Korea Bizwire) – The average annual working hours for South Koreans fell by nearly 200 hours over the past decade but still remain about 150 hours longer than the average of the Organization for Economic Cooperation and Development (OECD), data showed Sunday. According to statistics from the Ministry of Employment and Labor, [...]