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Exports of Processed Rice Goods Up 20 pct in 2019

Exports of Processed Rice Goods Up 20 pct in 2019

SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s outbound shipments of processed rice products shot up last year amid the booming popularity of Korean dramas, K-pop and other cultural assets abroad, data showed Thursday. Exports of these products reached US$106 million in 2019, marking a sharp rise from $89 million posted a year earlier, according [...]

Access to Convenience Stores Increases Chance of Obesity

Access to Convenience Stores Increases Chance of Obesity

SEOUL, Jan. 15 (Korea Bizwire) — Teenagers living near convenience stores are more exposed to the risk of obesity, a recent study revealed. The Korea Institute for Health and Social Affairs reported on Tuesday that obesity among teenagers is influenced by multiple variables including the area of residence, individual, and family practices. The institute collected [...]

S. Korean Wealth Creators Accumulate 1.57 bln Won Until Retirement

S. Korean Wealth Creators Accumulate 1.57 bln Won Until Retirement

SEOUL, Jan. 14 (Korea Bizwire) — South Korean wealth creators accumulate an average of 1.57 billion won (US$1.4 million) through savings and investment, a recent study revealed. Standard Chartered Bank Korea Ltd., the local unit of Britain-based banking giant Standard Chartered PLC., joinly conducted a survey of 1,000 wealth creators in Seoul and Busan. They [...]

Record 73,000 Elderly Drivers Return Licenses in 2019

Record 73,000 Elderly Drivers Return Licenses in 2019

SEOUL, Jan. 13 (Korea Bizwire) — A record 73,000 elderly drivers voluntarily gave up their licenses last year in accordance with the government’s campaign to reduce traffic accidents caused by older adults, police data showed Monday. According to the National Police Agency (NPA), a total of 73,221 drivers aged 65 or older voluntarily returned their [...]

Sales of Eco-friendly SUVs on Rise

Sales of Eco-friendly SUVs on Rise

SEOUL, Jan. 12 (Korea Bizwire) — Sales of eco-friendly SUVs, including ones powered by hydrogen, jumped last year as fuel and environment-conscious customers increasingly opted for such cars, industry data showed Sunday. According to the Korea Automobile Manufacturers’ Association (KAMA), some 48,700 eco-friendly SUVs were sold here last month, accounting for 8.5 percent of the [...]

Catholics in Korea Increased Nearly 50 pct over Past 20 Years

Catholics in Korea Increased Nearly 50 pct over Past 20 Years

SEOUL, Jan. 11 (Korea Bizwire) — The number of Catholics in South Korea has steadily increased over the past two decades, though its growth significantly slowed in recent years, a report showed Saturday. The report issued by the Catholic Pastoral Institute of Korea said the number of Catholic Christians here increased 48.6 percent from 3,946,844 [...]