SEOUL, Nov. 13 (Korea Bizwire) — A new survey has found that South Korean doctors work more than 2,300 hours a year on average, prompting calls from the medical community for more accurate assessments of working conditions before the government determines future medical school quotas. At a conference hosted Wednesday by the Korean Medical Association’s Research [...]
JANGSEONG, Nov. 11 (Korea Bizwire) — As autumn peaks across South Korea, few places rival the vivid fall colors of Naejangsan National Park and its famed Baegyangsa Temple—two of the country’s most celebrated spots for autumn foliage. This year, the leaves at both sites are expected to reach their full splendor between November 10 and [...]
SEOUL, Nov. 11 (Korea Bizwire) — More than one in four South Korean households expect their financial situation to improve next year, even as a growing share of the population reports feeling lonely, according to a government survey released Tuesday. The biennial survey, conducted by the Ministry of Data and Statistics, found that 27 percent of [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s five largest business groups now make up more than half of the country’s total stock market capitalization, reflecting the scale of their influence amid a sharp rally in equities this year. The combined market value of listed affiliates under Samsung, SK, Hyundai Motor, LG and HD Hyundai accounted [...]
SEOUL, Nov. 10 (Korea Bizwire) – South Korean companies’ operating profitability relative to their assets has nearly halved over the past two decades, a report showed Monday. According to the report by the Korea Chamber of Commerce and Industry (KCCI), the operating return on assets (OROA) of the country’s top 1,000 companies by sales fell [...]
SEOUL, Nov. 6 (Korea Bizwire) — The number of marriages between South Koreans and foreign nationals rose for a third consecutive year in 2024, continuing a steady recovery from the pandemic-era slump, government data showed Thursday. According to the Ministry of Data and Statistics, a total of 21,450 international marriages were registered last year, up about [...]
SEOUL, Nov. 6 (Korea Bizwire) — Nearly 70 percent of baby boomers living in the Seoul metropolitan area said they would be willing to relocate to regional areas if jobs at small and medium-sized enterprises were available, according to a survey released Wednesday by the Korea Economic Association (FKI). The survey, conducted in September by Mono [...]
SEOUL, Nov. 5 (Korea Bizwire) – The number of South Koreans that remain economically inactive rose from a year earlier in 2025, amid a steady increase in the number of people who say they have no particular reason for not working, government data showed Wednesday. A total of 16.22 million individuals had remained economically inactive [...]
SEOUL, Nov. 5 (Korea Bizwire) — Two of Korea’s most treasured cultural masterpieces are being reimagined in vivid digital form to greet international visitors arriving at Incheon International Airport. The National Palace Museum of Korea announced Tuesday that it will unveil two new high-definition media art videos at the airport’s Traditional Culture Media Wall, a 150-meter-long [...]
SEJONG, Nov. 3 (Korea Bizwire) – Online shopping sales in South Korea increased 13.3 percent from a year earlier to a record high for any September, driven by strong sales of Tesla vehicles and rising demand for food services, data showed Monday. The value of online shopping transactions stood at 23.79 trillion won (US$16.61 billion) [...]