SEOUL, Feb. 11 (Korea Bizwire) – The top 0.1 percent of wage earners in Seoul made an average of 1.4 billion won (US$1.05 million) in 2022, triple the amount earned by the same cohort in Gangwon Province, data showed Sunday. According to the data compiled by the National Tax Service and released by Rep. Yang [...]
SEOUL, Feb. 9 (Korea Bizwire) – With the Lunar New Year approaching, South Koreans are setting aside an average of 520,000 won (about $440) per person for holiday cash gifts, commonly known as “sebaet don,” a recent survey has revealed. The survey, conducted by KB Kookmin Card, also found that over half of the respondents [...]
SEOUL, Feb. 9 (Korea Bizwire) –A recent survey revealed that 90% of software developers anticipate that generative artificial intelligence (AI) could potentially replace aspects of their jobs. HR tech company WantedLab disclosed that an online survey conducted from February 2 to 7 among approximately 180 software developers found that 83.6% of respondents believe generative AI [...]
SEOUL, Jan. 30 (Korea Bizwire) – The number of foreign tourists visiting South Korea rebounded to 63 percent of pre-pandemic levels last year, the state-run tourism promotion agency said Tuesday. South Korea welcomed 11,030,000 international tourist arrivals last year, a remarkable 245 percent increase from the previous year, the Korea Tourism Organization (KTO) said. The [...]
SEOUL, Jan. 30 (Korea Bizwire) – The number of South Koreans who moved to different residences in the country fell to the lowest level in about 50 years last year, data showed Tuesday, amid population aging and a housing market slump. The number of people who changed their residences inched down 0.4 percent on-year to [...]
SEOUL, Jan. 24 (Korea Bizwire) – South Korea continued to experience a natural decline in it population in November as deaths continued to outnumber births, data showed Wednesday. A total of 17,531 babies were born in November, down 7.6 percent from a year earlier, according to the data from Statistics Korea. The latest tally marks [...]
SEOUL, Jan. 10 (Korea Bizwire) – South Korea’s elderly population aged 70 and older outnumbered those in their 20s for the first time last year, government statistics showed Wednesday, as the society is rapidly aging amid record low birth rates. According to the resident registration data compiled by the interior ministry, the number of people [...]
SEOUL, Jan. 8 (Korea Bizwire) –A recent survey has revealed that nearly half of South Koreans are open to purchasing autonomous vehicles in the future, with younger generations showing less resistance to self-driving technology. The survey, conducted by the Korea Automobile and Mobility Association (KAMA) using the Embrain platform, involved 3,000 individuals aged 14 [...]
SEOUL, Jan. 5 (Korea Bizwire) – A survey conducted by the Ministry of Agriculture, Food and Rural Affairs and the Korean Food Promotion Institution has revealed that Korean-style chicken, ramen, and kimchi are the most favored Korean dishes among foreigners. The survey, targeting residents of major cities like Beijing, Ho Chi Minh City, and New York, [...]
SEOUL, Jan. 5 (Korea Bizwire) – Recent data from the Ministry of Health and Welfare and the Korea Disease Control and Prevention Agency (KDCA) reveal a significant decrease in the daily smoking rates among South Koreans aged 15 and above in the past decade. As of 2021, the daily smoking rate – the percentage of people [...]