SEJONG, June 27 (Korea Bizwire) — A widening housing disparity is emerging among South Korea’s younger generations, driven in part by soaring real estate prices in the Seoul metropolitan area, according to a new government study. In its summer issue of Statistics Plus, the National Statistical Office’s research institute published a report analyzing generational shifts [...]
SEOUL, June 27 (Korea Bizwire) — South Korea’s semiconductor, display, shipbuilding, and biotech industries are expected to lead the country’s economic performance in the second half of 2025, while other key sectors face continued headwinds, according to a new outlook released Thursday by the Korea Chamber of Commerce and Industry (KCCI). The KCCI’s semiannual “Industrial [...]
SEOUL,June 27 (Korea Bizwire) – Nearly half of franchise sales in Seoul come from food delivery platforms, with businesses paying as much as 24% in commission fees, a new city-led survey revealed, underscoring rising dependence on digital intermediaries and growing concerns over cost burdens for small business owners. According to the Seoul Metropolitan Government’s first-ever [...]
SEOUL, June 27 (Korea Bizwire) — South Korean venture companies are showing signs of renewed optimism, with overall business sentiment rebounding for the first time in a year, according to data released Thursday by the Korea Venture Business Association. The Venture Business Survey Index (BSI) for the second quarter rose to 89.8, marking an 11.2-point [...]
SEOUL, June 27 (Korea Bizwire) — South Korean soldiers prefer empathetic superiors, while military officers favor leaders with strong organizational skills, according to a new personality-based survey released by Kookbang Ilbo (The Defense Daily) on Thursday. The survey, conducted between May 28 and June 13 via the military’s internal intranet system, gathered responses from 3,445 [...]
SEOUL, June 27 (Korea Bizwire) — The average South Korean worker earned 3.97 million won ($2,870) in April this year, working 165.5 hours for the month, according to new data released by the Ministry of Employment and Labor on Thursday. While wages rose modestly, the outlook for core industries like manufacturing and construction continues to darken [...]
SEOUL, June 26 (Korea Bizwire) — A new study has found that survival rates following acute myocardial infarction, commonly known as a heart attack, vary significantly in South Korea depending on employment status and income level, revealing stark disparities in health outcomes tied to socioeconomic status. Researchers from Yonsei University’s Severance Hospital and Chung-Ang University [...]
SEOUL, June 25 (Korea Bizwire) — South Korea’s monthly births exceeded 20,000 for the first time in three years this April, driven by a rise in marriages and an increase in women in their early 30s, marking the sharpest April growth in birth rate in over three decades. According to Statistics Korea’s latest population data [...]
SEOUL, June 25 (Korea Bizwire) — Nearly eight out of ten of South Korea’s largest companies are clustered in the greater Seoul area, highlighting a deepening imbalance in the nation’s corporate geography — one that’s reigniting debate over regional development and decentralization. According to a recent report by market research firm CEO Score, 385 out [...]
SEOUL, June 25 (Korea Bizwire) — More than 8.47 million South Koreans—including freelancers, gig workers, and platform laborers—now make up a major portion of the labor market, yet remain largely excluded from the country’s national pension system, a new government report has found. The Korea Institute for Health and Social Affairs (KIHASA) released a report [...]