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Archive by category Business Statistics

[Kobiz Stats] Annual Rate of Profit of Variable Insurance Funds in Korea

[Kobiz Stats] Annual Rate of Profit of Variable Insurance Funds in Korea

[Related Article]  Insurance Companies Are Losing Money in Variable Funds (Korea Bizwire, April 16) Variable life insurance funds, the bread-and-butter of life insurance companies, are recording a very low rate of return. Over the last year, their average yield was 0.81 percent with about 40.6 percent of the funds having recorded deficit. On April 15, [...]

[Kobiz Stats] Monthly Expenditure on Private Education per Student

[Kobiz Stats] Monthly Expenditure on Private Education per Student

[Related Article]  Overly Complicated College Entrance Screening Leads to Strange Job Titles (Korea Bizwire, April 11) Despite the government’s constant threat of crackdown on illegal tutoring on college-bound students, the so-called “college entrance exam consulting” is still thriving. Often it is evolving in quite unusual ways. Some of them visit the student’s house just before the [...]

[Kobiz Stats] Visitors to Korean Top3 Delivery Service Apps

[Kobiz Stats] Visitors to Korean Top3 Delivery Service Apps

[Related Article]  War of Food Delivery Apps (Korea Bizwire, April 11) Striving for supremacy in the 10-trillion-won food delivery market, two start-ups came to gripes.The one leading the competition is Woowa Brothers, the service provider of Korea’s No. 1 mobile food delivery application, “Baedal Minjok (the People of Delivery).” The challenger is RGP Korea founded by [...]

[Kobiz Stats] Annual Working Hours Per Capita

[Kobiz Stats] Annual Working Hours Per Capita

  [Related Article]  Big Change ahead for S. Korea’s Labor Standards (Korea Bizwire, April 10) The discussion in the National Assembly surrounding cutting back on work hours is gradually converging on the introduction of a 52-hour workweek scheme.The subcommittee for labor-management-government negotiation for social issues under the National Assembly’s Environmental and Labor Committee held on April 7 [...]

[Kobiz Stats] Certification of E-mark by Year

[Kobiz Stats] Certification of E-mark by Year

[Related Article] Disguising to Be Eco-friendly to Be Officially Forbidden (Korea Bizwire, April 8) To protect consumers from false or overstated displays and advertisements regarding eco-friendliness, the Ministry of Environment announced a new revision of the enforcement ordinance for the “Environmental Technology and Environmental Industry Act”. This revision is consisted of regulations regarding targets, acts, fines, [...]