SEOUL, Nov. 29 (Korea Bizwire) – South Korea’s total fertility rate fell to a record quarterly low of 0.7 in the third quarter of 2023, in yet another grim milestone for the country struggling with rapid aging and a falling birthrate. The average number of expected babies a woman bears in her lifetime came to [...]
SEOUL, Nov. 29 (Korea Bizwire) – The number of marriages between South Koreans and foreign spouses rose by the most last year as the stable COVID-19 situation promoted people’s cross-border movements, the statistics agency said Wednesday. The number of “multicultural marriages” jumped 25.1 percent on-year to reach 17,428 in 2022, according to the data from [...]
SEOUL, Nov. 29 (Korea Bizwire) – Over 85,000 foreign nationals own a house in South Korea, with Chinese possessing more than half of real estate properties held by foreigners in the country, government data showed Wednesday. A total of 85,358 foreign nationals owned a house in South Korea as of end-June, up 4.6 percent from [...]
SEOUL, Nov. 28 (Korea Bizwire) – In the past year, high school seniors who received private education on career and college consulting spent an average of over 1 million won on an annual basis, while those who sought tutoring for essay writing spent around 4 million won, according to recent data. According to the “2022 Private [...]
SEOUL, Nov. 27 (Korea Bizwire) – Which age group of Korean drivers exhibits the best driving skills? Based on a recent survey conducted by T-Map Mobility, it was determined that men in their mid-40s to early 50s and women in their 60s stand out as the most proficient drivers. T-Map Mobility conducted an analysis of the [...]
SEOUL, Nov. 27 (Korea Bizwire) – A recent analysis has revealed that individuals with a more change-oriented mindset are more likely to believe that education has a high impact on economic wealth and social status. On Sunday, a research team from the Korean Educational Development Institute (KEDI), led by senior researcher Kwon Soon-hyung, unveiled the results [...]
SEOUL, Nov. 23 (Korea Bizwire) — The proportion of females in executive positions at the top 100 companies in South Korea reached the 6 percent mark for the first time ever this year, data showed Thursday. According to data of top 100 companies in terms of sales compiled by global headhunter UnicoSearch Inc., 439, or [...]
SEJONG, Nov. 20 (Korea Bizwire) – More than one-third of South Korean teenagers say that income is their foremost consideration when selecting a career. Over the last decade, the significance of income as a decisive factor in job selection has consistently risen, surpassing both aptitudes and interests. This shift has resulted in a pronounced inclination towards [...]
SEOUL, Nov. 19 (Korea Bizwire) – A survey reveals that over half of the companies listed as intending to venture into new businesses such as secondary batteries and artificial intelligence (AI) had no track record of actually promoting such initiatives. The Financial Supervisory Service (FSS) released a report on Sunday titled ‘Follow-up on the Results [...]
SEOUL, Nov. 10 (Korea Bizwire) – A recent study has revealed that degenerative brain disease can occur as an aftereffect of COVID-19 infection. On Thursday, the Korea Brain Research Institute (KBRI) announced the findings of a joint study between the research team of its dementia research group, led by Dr. Kim Do-geun, and professor Choi In-soo’s [...]