SEOUL, Mar. 18 (Korea Bizwire) — Chinese account for 93 percent of all foreigners who acquired permanent residence in South Korea through investment, according to the IOM Migration Research and Training Center. The center revealed that in the 2010 to 2017 period, there were 1,901 cases of foreigners acquiring an Korean residence visas through investment. [...]
SEOUL, Mar. 18 (Korea Bizwire) — Employees with fewer than 15 hours of work hours per week increased in number last year, while they shrank in size in the wholesale/retail and food/lodging industries. The results overturn prior expectations that the higher minimum wage has forced employers in the wholesale/retail and food/lodging industries to hire workers [...]
SEOUL, Mar. 17 (Korea Bizwire) — South Korean consumers’ direct purchases of electronics and IT products through overseas online shopping malls came to a record-high level in 2018, data showed Sunday. According to the Institute for Information & Communications Technology Planning & Evaluation, South Korean consumers purchased 442.1 billion won (US$389 million) worth of home [...]
SEOUL, Mar. 14 (Korea Bizwire) — The number of South Koreans treated for bipolar disorder soared more than 20 percent between 2013 and 2017, data showed Thursday. According to the data from the National Health Insurance Service, 86,706 people were treated for bipolar disorder in 2017, up 21 percent from 71,687 four years earlier. The [...]
SEOUL, Mar. 14 (Korea Bizwire) — Reports of defects in imported cars have reached 2,800 cases over the last five years, many of them involving engines or automatic transmission which, if they fail, may lead to serious accidents. Citizens United for Consumer Sovereignty (CUCS) revealed the results of an analysis of the defect reports of [...]
SEOUL, Mar. 14 (Korea Bizwire) — Seven in 10 surviving victims of a deadly humidifier sterilizer scandal in South Korea are suffering from chronic anger, a government committee said Thursday. The Special Commission on Social Disaster Investigation made the announcement after polling 100 households victimized by the unprecedented scandal between Oct. 2 and Dec. 20 [...]
SEOUL, Mar. 14 (Korea Bizwire) — Nearly 76,000 South Koreans have received infertility treatments since Seoul began providing state health insurance coverage for the procedures in late 2017, a report said Thursday. The report from the Ministry of Health and Welfare to Rep. Nam In-soon of the ruling Democratic Party showed 76,055 people were treated [...]
SEOUL, Mar. 13 (Korea Bizwire) – A recent survey showed that Seoul has the lowest availability of urban green space per capita in South Korea. According to the Korea Forest Service, the urban green space available for each resident of Seoul last year was no more than 4.38㎡, which was the smallest tally among 17 cities and [...]
DAEJEON, Mar. 13 (Korea Bizwire) — A recent study found harmful bacteria on the cell phones of dozens of teenagers in Daejeon. The Daejeon Metropolitan City Institute of Health and Environment conducted a test on 116 elementary, middle and high school students. The test was to show whether students’ cell phones had any harmful bacteria. [...]
SEOUL, Mar. 12 (Korea Bizwire) — Statistics Korea has revealed that the cost of hiring caregivers rose by 6.9 percent last year, the largest jump since 2005. Last year’s overall consumer price index only rose by 1.5 percent. The only other time that the cost of caregivers has jumped as much was in 2008, when [...]