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Trials for Military Sexual Crimes Jump 77.6 pct Over Past 4 Years

Trials for Military Sexual Crimes Jump 77.6 pct Over Past 4 Years

SEOUL, Oct. 2 (Korea Bizwire) — Trials for sexual crimes in the military jumped 77.6 percent over the past four years, according to data from military courts. The number of trials for active-duty soldiers accused of sexual crimes amounted to 2,185 between 2018 and last year, according to the data provided to Rep. Kim Seung-won [...]

Number of Businesses in S. Korea Up 0.7 pct in 2021

Number of Businesses in S. Korea Up 0.7 pct in 2021

SEJONG, Sept. 29 (Korea Bizwire) — The number of companies doing business in South Korea edged up in 2021 from a year earlier amid the economic recovery, government data showed Thursday. Asia’s fourth-largest economy had 6.08 million businesses last year, up 0.7 percent, or 44,000, from 2020, according to the data from Statistics Korea. The [...]

Senior Citizens Make Up 17.5 pct of S. Korea’s Population in 2022

Senior Citizens Make Up 17.5 pct of S. Korea’s Population in 2022

SEOUL, Sept. 29 (Korea Bizwire) — People aged 65 and older took up 17.5 percent of South Korea’s population this year amid rapid aging, data showed Thursday, underscoring concerns that the demographic change could weigh on the country’s economy. The number of older adults stood at 9.02 million out of the country’s 51.6 million population [...]

Retail Sales Up 15.4 pct in August amid Eased Virus Curbs

Retail Sales Up 15.4 pct in August amid Eased Virus Curbs

SEOUL, Sept. 28 (Korea Bizwire) — Retail sales in South Korea marked the largest on-year growth so far this year in August on the back of the increase in people’s outdoor activities amid eased antivirus curbs and preparations for the Chuseok holiday, data showed Wednesday. The combined sales of 25 major offline and online retailers [...]

Deaths in S. Korea Hit Record High Last Year amid Rapid Aging, Pandemic

Deaths in S. Korea Hit Record High Last Year amid Rapid Aging, Pandemic

SEOUL, Sept. 27 (Korea Bizwire) — The number of deaths in South Korea hit an all-time high last year due largely to rapid aging and the fallout of the COVID-19 pandemic, data showed Tuesday. A total of 317,680 people died in the country last year, up 12,732 people, or 4.2 percent, from the previous year, [...]