SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s inflation fell below 3 percent for the first time in six months in January, showing signs that inflationary pressure is easing, data showed Friday. But the prices could bounce back again to over 3 percent in the coming months due to rising global oil prices, Finance Minister [...]
SEOUL, Feb. 1 (Korea Bizwire) – A survey has highlighted significant concerns among Coupang’s warehouse workers regarding extreme working conditions, including heat, cold, and dust exposure. The Korean Confederation of Trade Unions (KCTU) held a press conference on January 31st in front of the Seoul Regional Employment and Labor Office to disclose the findings from a [...]
SEOUL, Jan. 30 (Korea Bizwire) – A recent analysis has revealed that 80% of individuals living alone are at risk of ‘lonely death’, with one in four to five solo dwellers being classified as in the ‘medium to high-risk’ group. This finding comes from a survey conducted by the Korea Institute for Health and Social Affairs [...]
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. 30 (Korea Bizwire) – A recent survey has revealed that soldiers are aiming to save over 10 million won during their military service, with plans to spend the money on travel after their discharge. The survey, conducted by the Ministry of National Defense’s Kookbang Ilbo through the app ‘The Camp’ from January 13 to [...]
SEOUL, Jan. 29 (Korea Bizwire) – A recent survey has highlighted that the majority of adults in South Korea are not adequately prepared for the eventual need for elderly care, which becomes necessary due to aging or age-related diseases that hinder daily activities. The Korea Insurance Research Institute (KIRI) conducted a survey among 1,900 adults aged [...]
SEOUL, Jan. 28 (Korea Bizwire) – South Korea took up less than 7 percent of China’s total imports last year, the lowest in 30 years, amid a change in the two countries’ trade relations and a global slump in the IT industry, data showed Sunday. South Korea accounted for 6.3 percent of China’s total inbound [...]
SEOUL, Jan. 25 (Korea Bizwire) — During the COVID-19 pandemic in 2020 and 2021, South Korean women in their 30s experienced suicidal impulses at a rate twice that of their male counterparts, a recent survey has revealed. Despite awareness of government mental health support projects, over 80% of these individuals hesitated to use services like suicide [...]
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 [...]