SEOUL, Mar. 4 (Korea Bizwire) — Recent data shows that 8 out of 100 employees in the public service or at private companies in South Korea have suffered from sexual harassment at work. However, of the total victims, more than 80 percent suffered the harassment in silence and did nothing about it. According to the [...]
SEOUL, Mar. 4 (Korea Bizwire) — The Seoul Office of Education, in a survey conducted on high school teachers in October and November last year, showed that there are more teachers who oppose the introduction of a high school credit system than those who support it. The results of the survey showed that 36.1 percent [...]
SEOUL, Feb. 28 (Korea Bizwire) — Nearly 50,000 people were victims of phone financial scams last year, amounting to 444 billion won (US$396.78 million) in lost money, regulator data showed Thursday. The amount of money lost to scams increased 82.7 percent from 2017 as people fell victim to phone calls coaxing them to reveal their [...]
DAEJEON, Feb. 28 (Korea Bizwire) — A recent study has revealed that blue light can help people wake up more easily in the morning. A research team led by Prof. Seok Hyun-jung and Prof. Choi Kyung-ah from the Korea Advanced Institute of Science and Technology (KAIST) said on Wednesday that a light in the color [...]
SEOUL, Feb. 27 (Korea Bizwire) – Seven out of 10 South Korean students used private education and single-member families accounted for nearly 30 percent of the country’s households in 2017, data showed Wednesday. The findings, based on figures released by the Ministry of Health and Welfare between 2017 and 2018, were compiled by combining 260 [...]
SEOUL, Feb. 27 (Korea Bizwire) — The average monthly operating profit among micro business owners in South Korea was 2.69 million won (US$2,407) in 2017. The average profit margin was 15.8 percent per month. Seven out of 10 micro business owners said sales had shrunk over the past year, while 4 out of 10 said [...]
SEJONG, Feb. 27 (Korea Bizwire) — Recent government data has shown that the number of traffic fatalities decreased by half when intersections that had no traffic lights or an unnecessarily long waiting time were replaced with roundabouts. The Ministry of the Interior and Safety (MOIS) and the Korea Transport Institute released an analysis of traffic [...]
SEJONG, Feb. 27 (Korea Bizwire) — South Korea’s total fertility rate hit a record low of 0.98 in 2018, government data showed Wednesday, a clear warning that Asia’s fourth-largest economy may face a population decline going forward. The total fertility rate refers to the average number of children a woman bears in her lifetime. The [...]
SEOUL, Feb. 27 (Korea Bizwire) — South Korea’s sports market grew in 2017, but its profitability went down, a report by the sports ministry showed Wednesday. The number of companies in the industry was reported at 101,207 in 2017, up 6.3 percent from the previous year, according to the report released by the Ministry of [...]
SEJONG, Feb. 26 (Korea Bizwire) — The production index for restaurants dropped by the largest margin to date last year, state data showed Tuesday, showing the weakness of the business segment that self-employed people heavily rely on. The index dropped to 94 last year from 97.2 a year earlier, the biggest fall since record keeping [...]