SEOUL, May 1 (Korea Bizwire) — Online shopping sales in South Korea gained 2.6 percent from a year earlier in March driven by rising demand for food products and relevant services, data showed Thursday. The value of online shopping transactions stood at 22.42 trillion won (US$15.72 billion) in March, up 576.8 billion won from a [...]
South Korean High School Freshmen Average 172.9 cm in Height as Student Obesity Declines for Third Year SEOUL, April 30 (Korea Bizwire) — At a glance, the data reads like good news: South Korea’s teens are growing taller, and for the third year in a row, fewer of them are obese. But behind the steady gains [...]
As non-regular workers fall further behind in wages, benefits, and protections, a growing segment of the workforce risks being left out of the country’s economic future. SEOUL, April 30 (Korea Bizwire) — In South Korea’s rapidly changing labor market, a widening wage chasm is sending a sobering message: for non-regular workers, the dream of financial parity [...]
SEOUL, April 30, (Korea Bizwire) — For many at-risk youths in South Korea, each day brings a quiet battle — against despair, isolation, and a gnawing sense that survival itself can feel uncertain. A new government survey released Tuesday paints a sobering portrait: one in three vulnerable youths said they had spent at least two weeks [...]
SEOUL, April 29 (Korea Bizwire) — Only about half of businesses in 100 key service sectors closely tied to people’s daily lives — such as hair salons and grocery stores — survive after their first three years, government data showed Tuesday. According to data compiled by the National Tax Service (NTS), the three-year survival rate [...]
GIMCHEON, April 29, (Korea Bizwire) — As wildlife activity increases in the spring months, South Korea’s highway authority is urging drivers to exercise heightened caution to prevent animal-vehicle collisions, known as roadkill incidents. The Korea Expressway Corporation said Monday that drivers should be particularly alert during May and June, when wildlife crossings on highways peak. [...]
SEOUL, April 29, (Korea Bizwire) — South Korea’s overall disability employment rate saw a modest improvement in 2024, but private-sector companies continue to lag behind their mandatory hiring targets, government data showed Monday. According to the Ministry of Employment and Labor, as of the end of 2024, the average disability employment rate across 32,692 public [...]
SEOUL, April 29, (Korea Bizwire) — The fallout from a major hacking incident at SK Telecom is set to trigger a significant environmental cost, with greenhouse gas emissions from mass SIM card replacements projected to reach thousands of tons, according to industry estimates released Monday. Approximately 23 million SK Telecom subscribers and an additional 1.87 [...]
SEOUL, April 24 (Korea Bizwire) — One in three South Korean women have experienced physical or sexual violence at least once during their lifetime, a government survey showed Thursday. The gender ministry said the survey conducted in-person on 7,027 female adults nationwide from September to November last year showed that 36.1 percent of women had [...]
SEOUL, April 24 (Korea Bizwire) — HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Thursday its net income more than tripled in the first quarter from a year earlier on increased sales and strong demand for high-value vessels. The consolidated net profit of South Korea’s top shipyard came to 611.6 billion won (US$427.8 [...]