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Half of Korean Startups Fear Negative Impact of Trump’s Second Term Policies

Half of Korean Startups Fear Negative Impact of Trump’s Second Term Policies

SEOUL, Dec. 24 (Korea Bizwire) — A recent survey revealed that over half of Korean startups anticipate adverse effects on their businesses from the policies of Donald Trump’s second presidential term. The findings highlight concerns over protectionism, supply chain nationalism, and currency fluctuations. According to a poll conducted by the Korea Venture Business Association (KOVA) of [...]

South Korea Faces Rising Obesity and E-Cigarette Usage, Despite Gains in Physical Activity

South Korea Faces Rising Obesity and E-Cigarette Usage, Despite Gains in Physical Activity

SEOUL, Dec. 23 (Korea Bizwire) — South Korea is grappling with a surge in obesity and e-cigarette use, even as traditional smoking declines and physical activity rates improve, according to a nationwide health survey released by the Korea Disease Control and Prevention Agency (KDCA). The survey, conducted among 230,000 adults across 258 health centers, revealed [...]

AI and Health Trends Highlight Challenges in South Korea’s Social Landscape

AI and Health Trends Highlight Challenges in South Korea’s Social Landscape

SEOUL, Dec. 20 (Korea Bizwire) – South Korea’s Statistical Office released its 2024 Social Trends report on December 19, revealing significant insights into the potential impact of artificial intelligence (AI) on jobs, rising obesity rates, and shifting societal behaviors. AI and Job Displacement AI technologies like ChatGPT could replace 2.7 million jobs, nearly 10% of [...]

South Korea Sees Record High Property Auctions Amid Rising Interest Rates and Market Slump

South Korea Sees Record High Property Auctions Amid Rising Interest Rates and Market Slump

SEOUL, Dec. 17 (Korea Bizwire) – The number of properties auctioned off due to loan defaults in South Korea is on track to hit its highest level in 11 years, reflecting the combined impact of soaring interest rates and a sluggish real estate market. Sharp Rise in Property Auctions Data from the Court Registration Information Plaza [...]

South Korea’s Manufacturing Sector Shrinks Amid Semiconductor and Textile Slumps

South Korea’s Manufacturing Sector Shrinks Amid Semiconductor and Textile Slumps

SEOUL, Dec. 16 (Korea Bizwire) – South Korea’s manufacturing and mining sectors saw their first decline in business establishments in seven years, driven by a slowdown in the semiconductor industry and a downturn in textiles. According to Statistics Korea’s preliminary Mining and Manufacturing Survey, released on December 16, the total number of businesses with 10 or [...]

Climate Action Card Tops Seoul’s Most Popular Policies of 2024

Climate Action Card Tops Seoul’s Most Popular Policies of 2024

SEOUL, Dec. 16 (Korea Bizwire) – Seoul’s Climate Action Card emerged as citizens’ favorite municipal policy this year, garnering 69,821 votes or 12.49% of the total ballots cast in the city’s annual policy ranking, officials announced on December 15.  The online poll, conducted from December 3 to 9, allowed residents to vote for up to three policies [...]

Yoon’s Approval Rating Sinks to All-time Low of 11 Pct: Poll

Yoon’s Approval Rating Sinks to All-time Low of 11 Pct: Poll

SEOUL, Dec. 13 (Korea Bizwire) — President Yoon Suk Yeol’s approval rating fell to a record low of 11 percent, a survey showed Friday, amid growing public backlash over his martial law declaration last week. According to the survey conducted by Gallup Korea on 1,002 adults aged over 18 from Tuesday to Thursday, positive assessment [...]

Seoul Tops South Korea in Doctor-to-Population Ratio, National Healthcare Costs Rise

Seoul Tops South Korea in Doctor-to-Population Ratio, National Healthcare Costs Rise

SEOUL, Dec. 12 (Korea Bizwire) – Seoul has the highest concentration of doctors per capita in South Korea, with 479 physicians per 100,000 insured residents, according to the National Health Insurance Service’s 2023 Regional Healthcare Statistics report. The capital accounts for 28% of the country’s medical workforce, reflecting its role as the nation’s healthcare hub. Key [...]

Nearly 75 Pct Favor Immediate Resignation or Impeachment of Yoon over Martial Law Turmoil: Poll

Nearly 75 Pct Favor Immediate Resignation or Impeachment of Yoon over Martial Law Turmoil: Poll

SEOUL, Dec. 12 (Korea Bizwire) — More than 7 out of 10 South Koreans agree that President Yoon Suk Yeol should step down immediately or be impeached over his martial law declaration, a survey showed Thursday. According to a survey by Realmeter on 507 people aged 18 or older conducted on Wednesday, 74.8 percent responded [...]

South Korean Marketing Giant Forecasts Seven Key Consumer Trends for 2025

South Korean Marketing Giant Forecasts Seven Key Consumer Trends for 2025

SEOUL, Dec. 11 (Korea Bizwire) – A major South Korean advertising agency has identified seven emerging consumer trends that it says will shape markets in 2025, highlighting shifts in everything from luxury consumption to climate-responsive behaviors. Daehong Communications, in its “2025 D.Life Signal Report” released on December 10, outlined several key “signals of change” that it [...]