SEOUL, Nov. 15 (Korea Bizwire) — One in five households in Seoul have a pet and the number of homes that have embraced cats is on the rise, data showed Friday. Some 20 percent of the surveyed households said they were living with a pet as of 2018, compared with 18.8 percent in 2014, according [...]
SEOUL, Nov. 14 (Korea Bizwire) — Car seats for pets have been chosen as the most essential product for going on a drive with your pet. K Car, a South Korean used-car seller, conducted a survey of 439 male and female adults via Facebook in which 39.2 percent of respondents picked car seats for pets [...]
SEOUL, Nov. 13 (Korea Bizwire) — Recent data has confirmed that it is almost impossible for bankers to reach executive positions. According to the Financial Supervisory Service’s Financial Statistics and Information System, out of 230,595 employees working in the country’s financial sector, including banks and insurers, as of the end of June, only 2,969 were [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea suffered a some 41 percent tumble in the number of visiting Chinese tourists over the past three years since its decision to deploy an advanced U.S. missile defense system here, a report said Monday. A total of 4.79 million Chinese visited South Korea in 2018, down 40.6 [...]
SEOUL, Nov. 11 (Korea Bizwire) — Cancer treatment costs in South Korea exceeded the 9 trillion-won (US$7.8 billion) mark in 2018 due to a rise in the number of patients and more state coverage, a report showed Monday. Nearly 9.01 trillion won was spent to treat cancer patients last year, taking up 11.6 percent of [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korean exports of electric vehicles (EVs) more than doubled in the first 10 months of this year on brisk demand from advanced markets, data showed Monday. The country’s overseas shipments of EVs were valued at US$2.57 billion in the January-October period, up a whopping 103.3 percent from a [...]
SEOUL, Nov. 8 (Korea Bizwire) — Ride-hailing services like South Korean mobility platform Tada are becoming increasingly popular among office workers, a recent study has revealed. Job portal Incruit conducted a survey of 4,326 adults, 41 percent of whom responded that they have the intention to use shared mobility platforms. In particular, 45 percent of [...]
SEOUL, Nov. 7 (Korea Bizwire) — Seniors are increasing in proportion among taxi drivers in Seoul. According to Seoul city councilman Chung Ji-kwon, taxi drivers in their 80s soared from 92 people in 2014 to 260 this year. Drivers in their 70s increased from 7,054 to 12,252 people during the same period. To ensure the [...]
SEOUL, Nov. 6 (Korea Bizwire) — Elderly South Koreans’ medical spending covered by the state health insurance program exceeded the 30-trillion-won (US$25.9 billion) mark to reach a record high in 2018, data showed Wednesday. Medical expenses for people aged 65 and older came to an all-time high of 31.8 trillion won last year, according to [...]
SEOUL, Nov. 6 (Korea Bizwire) — A recent survey has revealed that the more job seekers spend on finding a job, the more likely they are to pass necessary exams. According to a survey of 1,478 job seekers conducted by job portal Incruit and part-time job search app AlbaCall, 58.6 percent believed that their success [...]