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Single-Person Households Expected to Exceed 40% of Total by 2052

Single-Person Households Expected to Exceed 40% of Total by 2052

SEOUL, Sept. 12 (Korea Bizwire) – The proportion of one-person households in South Korea is projected to surpass 40 percent in 2052 amid a delay in marriages and rapid aging, the statistics agency said Thursday. The number of households consisting of one member is forecast to reach 9.62 million in 2052, taking up 41.3 percent [...]

Study Reveals Gender Disparities in Economic Status Among Young Adults in South Korea

Study Reveals Gender Disparities in Economic Status Among Young Adults in South Korea

SEOUL, Sept. 11 (Korea Bizwire) – A recent government study has unveiled significant economic disparities between men and women in South Korea, particularly when it comes to marriage and parenthood. The analysis, conducted by Statistics Korea, focused on the socioeconomic characteristics of adults aged 25 to 39, shedding light on how marital status and children affect [...]

One in Five Korean Workers Report Workplace Sexual Harassment, Study Finds

One in Five Korean Workers Report Workplace Sexual Harassment, Study Finds

SEOUL, Sept. 9 (Korea Bizwire) – A recent survey has revealed that one in five South Korean workers has experienced sexual harassment in the workplace, shedding light on the pervasive issue of gender-based violence in professional settings.  The study, conducted by civic group Gabjil 119 and the Beautiful Foundation, surveyed 1,000 workers aged 19 and above [...]

Korean Companies Lag in Awareness and Preparedness for ‘Greenwashing’ Regulations

Korean Companies Lag in Awareness and Preparedness for ‘Greenwashing’ Regulations

SEOUL, Sept. 9 (Korea Bizwire) – With the European Union preparing to enforce stricter eco-friendly labeling guidelines starting next September, a recent survey has revealed that South Korean companies are significantly underprepared for the global crackdown on “greenwashing.”  Greenwashing, a portmanteau of “green” and “whitewashing,” refers to the deceptive practice of marketing products or corporate activities [...]

BMW Retains Lead in Imported Car Market as Mercedes-Benz Struggles Amid EV Fire Incident

BMW Retains Lead in Imported Car Market as Mercedes-Benz Struggles Amid EV Fire Incident

SEOUL, Sept. 6 (Korea Bizwire) – BMW Korea is maintaining a lead in South Korea’s imported vehicle market so far this year, industry data showed Friday, as main rival Mercedes-Benz Korea is faced with a brand reputation setback after a massive fire that broke out from one of its electric vehicles. According to the Korea [...]

Korea Consumer Agency Study Finds Sports Bras Reduce Breast Movement by Up to 20%

Korea Consumer Agency Study Finds Sports Bras Reduce Breast Movement by Up to 20%

SEOUL, Sept. 6 (Korea Bizwire) – A recent study by the Korea Consumer Agency has found that wearing a sports bra during exercise can reduce breast movement by 13 to 20 percent, potentially improving workout efficiency and preventing breast pain and injury. However, the agency notes that support and comfort levels vary significantly between products, emphasizing [...]

Huge Price Gaps Persist in South Korean Healthcare, Study Finds

Huge Price Gaps Persist in South Korean Healthcare, Study Finds

SEOUL, Sept. 6 (Korea Bizwire) – A recent government study has revealed startling disparities in the cost of medical procedures across South Korea, with some treatments varying in price by as much as 23 times between different healthcare providers.  The Ministry of Health and Welfare and the Health Insurance Review and Assessment Service (HIRA) announced on [...]

Nearly Half of South Koreans Aged 20-49 Reluctant to Have Children, Survey Finds

Nearly Half of South Koreans Aged 20-49 Reluctant to Have Children, Survey Finds

SEOUL, Sept. 2 (Korea Bizwire) — A recent survey has revealed that nearly 43% of South Koreans aged 20 to 49 have no intention of having children, highlighting the persistent demographic challenges facing the country. However, the study also suggests that expanded government policies and corporate support could sway a significant portion of this group to [...]

Dark Web Software Usage More Than Doubles This Year

Dark Web Software Usage More Than Doubles This Year

SEOUL, Aug. 30 (Korea Bizwire) – The number of South Koreans using an anonymity software capable of providing access to the dark web anonymously has more than doubled this year, data showed Friday, as the nation has vowed to tackle deepfake sex crimes. The software, known as Tor, had a daily average of 43,757 South [...]

Despite Growing Recognition, AI Adoption in South Korean Businesses Remains Limited

Despite Growing Recognition, AI Adoption in South Korean Businesses Remains Limited

SEOUL, Aug. 28 (Korea Bizwire) – As deepfake-related crimes capture headlines and artificial intelligence continues its rapid incursion into daily life, the call for robust AI ethics education is growing louder. Yet, in the corporate world, the actual adoption of AI technology remains surprisingly modest. A recent survey by the Korea Chamber of Commerce and [...]