SEOUL, Mar. 28 (Korea Bizwire) — South Korea’s Internet banking services grew at a fast clip last year, with the number of daily transactions and their total value reaching record highs, central bank data showed Thursday. The number of online banking service users came to a record 146.56 million as of the end of 2018, [...]
SEJONG, Mar. 28 (Korea Bizwire) — South Korea’s statistics agency forecast Thursday that the country’s population is likely to peak at 51.94 million in 2028 before declining to 39.29 million in 2067. Statistics Korea’s latest medium variant projection is bleaker than its previous assessment, made in 2016, when South Korea’s population was projected to fall [...]
SEOUL, Mar. 28 (Korea Bizwire) — An average landlord in South Korea owed 200 million won (US$176,000) to financial institutions last year, a central bank report showed Thursday. According to the Financial Stability Report submitted by the Bank of Korea (BOK) to parliament, the total financial debt of households that lease homes and commercial buildings [...]
SEOUL, Mar. 27 (Korea Bizwire) — One out of ten immigrants in South Korea have experienced having their children rejected by schools. According to the Ministry of Justice, 10.4 percent of 643 foreign immigrants who participated in a survey said their children had been rejected by schools in the past. Among the respondents, 5.3 percent [...]
SEOUL, Mar. 27 (Korea Bizwire) — The obesity rate for young South Korean students swelled to 25 percent last year from 21.2 percent in 2014, marking the fifth straight annual increase, the Ministry of Education said Wednesday. The overall health statistics of elementary, middle and high school students were also found to have deteriorated in [...]
SEOUL, Mar. 27 (Korea Bizwire) — An independent research conducted on behalf of the International Olympic Committee (IOC) showed Wednesday that the 2018 PyeongChang Winter Olympics were a success. The IOC released on its website the findings by Publicis Sport & Entertainment, whose study in March 2018 surveyed 36,000 people, aged from 13 to 65, [...]
SEOUL, Mar. 26 (Korea Bizwire) — Almost half of all doctors in South Korea were found to be suffering from traumatic disorders due to the excessive amount of stress they typically receive from overwork and a lack of sleep during their residency years. InterMD, an information sharing platform for doctors, conducted an online survey of [...]
SEOUL, Mar. 26 (Korea Bizwire) — More than 63 percent of South Koreans have used banking and payment services via smartphones as a growing number are getting familiar with the tech device in their everyday lives, a central bank poll showed Tuesday. The survey of 2,597 adults, conducted by the Bank of Korea (BOK) last [...]
GOSEONG/YANGGU, Mar. 25 (Korea Bizwire) — Internet cafes, called “PC bangs” in Korean, are the favorite place for rank-and-file soldiers to spend time outside their barracks after work on weekdays, according to a survey released today. On Feb. 1, the defense ministry allowed ordinary soldiers to go off base after work for four hours on [...]
SEOUL, Mar. 25 (Korea Bizwire) — More than half of unemployed moms in South Korea want to find work to better cover living and education-related expenses for family members, a survey showed Monday. According to the survey conducted by the Korea Institute for Health and Social Affairs, 56.6 percent of the respondents said they want [...]