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73 Percent of Korean Adults Intend to Invest Money for ‘Godsaeng’

73 Percent of Korean Adults Intend to Invest Money for ‘Godsaeng’

SEOUL, Nov. 8 (Korea Bizwire) – A recent survey has revealed that over 70 percent of Korean adults have expressed intent to make financial investments for the pursuit of ‘Godsaeng,’ a term coined to represent a diligent and exemplary life.  ‘Godsaeng’ is a neologism formed by combining ‘God’ and ‘saeng’ (meaning ‘life’ in Korean) and signifies [...]

Rising Toll: Smoking Claims 60,000 Lives and Costs 12 Trillion Won Annually in South Korea

Rising Toll: Smoking Claims 60,000 Lives and Costs 12 Trillion Won Annually in South Korea

SEOUL, Nov. 3 (Korea Bizwire) – Cigarette smoking is exacting a grim toll on both lives and finances in South Korea. According to the Korea Disease Control and Prevention Agency (KDCA), nearly 60,000 lives are claimed annually, and the economic cost stands at a staggering 12 trillion won. To combat this societal burden, experts from various [...]

Middle-Aged South Koreans Retiring Much Earlier Than Desired

Middle-Aged South Koreans Retiring Much Earlier Than Desired

SEOUL, Nov. 2 (Korea Bizwire) – A recent survey has revealed that middle-aged individuals in South Korea aspire to continue their economic activity until the age of 69, on average. However, their average retirement age is actually around 50. According to the findings from the 2023 survey on older adults’ job-seeking activities, released by the Tomorrow [...]

Share of High-Risk Drinkers Down Among Men But Up Among Women

Share of High-Risk Drinkers Down Among Men But Up Among Women

SEOUL, Oct. 31 (Korea Bizwire) – The percentage of high-risk drinkers, who consume a significant amount of liquor more than twice a week, has decreased among men but increased among women. High-risk drinking is now particularly prevalent among men in their 50s and women in their 30s. On Monday, the Korea Disease Control and Prevention Agency [...]

Regional Disparities a Concern with High-Income Earners Concentrated in Metropolitan Areas

Regional Disparities a Concern with High-Income Earners Concentrated in Metropolitan Areas

SEJONG, Oct. 31 (Korea Bizwire) – Roughly 8 out of every 10 individuals in the top 1 percent of income earners are concentrated in metropolitan areas. This highlights a pronounced concentration of high-quality employment opportunities in urban regions, leading to concerns regarding regional disparities. Data from the National Tax Service, presented to the National Assembly and [...]

For the Third Consecutive Month in September, South Korea Welcomes Over 1 Million Foreign Visitors

For the Third Consecutive Month in September, South Korea Welcomes Over 1 Million Foreign Visitors

SEOUL, Oct. 30 (Korea Bizwire) – The number of foreign visitors to South Korea stayed above 1 million for the third consecutive month in September, data showed Monday. Last month, around 1.1 million foreign nationals came to Korea, up 225.2 percent from a year ago, according to the data by the Korea Tourism Organization (KTO). [...]

Majority of Senior Managers Believe Working from Home Is Inefficient

Majority of Senior Managers Believe Working from Home Is Inefficient

SEOUL, Oct. 30 (Korea Bizwire) – A survey has revealed that workers tend to perceive working from home as less efficient as they advance in rank within a company. However, those in high-ranking positions who have experience with remote work expressed a higher level of satisfaction with it. On Sunday, the civic organization Jikjang Gapjil 119 [...]

Physicians Outearn Lawyers with Unprecedented Income Growth

Physicians Outearn Lawyers with Unprecedented Income Growth

SEJONG, Oct. 30 (Korea Bizwire) – A recent study has shed light on the substantial income growth within the field of medicine, often perceived as a high-paying profession. In the past seven years, physician income has surged at an impressive rate, outpacing other leading professions, such as lawyers. Compared to lawyers, who are traditionally considered to [...]

Smoking and Drinking Decline but Obesity Increases After COVID-19 Pandemic

Smoking and Drinking Decline but Obesity Increases After COVID-19 Pandemic

SEOUL, Oct. 27 (Korea Bizwire) – Throughout the COVID-19 pandemic, there has been an overall improvement in public behavior, including smoking, drinking, and the utilization of medical services. Physical activity has also rebounded after reaching its lowest point. On Thursday, the Korea Disease Control and Prevention Agency (KDCA) released the results of an analysis of changes [...]

Samsung Research Study Reveals Alarming Sleep Disparities Among South Korea’s Elderly

Samsung Research Study Reveals Alarming Sleep Disparities Among South Korea’s Elderly

SEOUL, Oct. 27 (Korea Bizwire) – A recent study conducted by Samsung Research has revealed concerning statistics regarding sleep patterns and quality among the elderly population in South Korea. According to the study’s findings, South Korea ranks at the bottom in terms of both sleep duration and sleep quality among the 17 countries surveyed.  Samsung Research, [...]