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Exports of Farmed Seafood Hit New High in 2018

Exports of Farmed Seafood Hit New High in 2018

SEOUL, Jan. 16 (Korea Bizwire) — South Korean exports of farmed seafood products grew 2.5 percent on-year to a fresh all-time high in 2018, despite a drop in output, data showed Wednesday. Overseas shipments of dried laver and other farm-raised seafood stood at US$2.38 billion last year, compared with $2.32 billion a year earlier, according [...]

Over 40 pct of S. Korean Females in 20s are Feminist: Survey

Over 40 pct of S. Korean Females in 20s are Feminist: Survey

SEOUL, Jan. 15 (Korea Bizwire) — Over 40 percent of South Korean women in their 20s are surveyed to have deemed themselves as feminists, reflecting a social trend in which feminism is increasingly taking root among youngsters in a male-dominated Korean society, a women’s think tank said Tuesday. The Korean Women’s Development Institute conducted a [...]

S. Korea’s Population Growth Rate Drops Below 0.1 pct, Median Age Tops 42

S. Korea’s Population Growth Rate Drops Below 0.1 pct, Median Age Tops 42

SEOUL, Jan. 14 (Korea Bizwire) — South Korea’s population growth rate fell below 0.1 percent for the first time last year, with its median age topping 42, government statistics showed Monday. The nation’s resident population was 51,826,059 as of the end of 2018, marking an increase of 0.09 percent, or 47,515 people, from the previous [...]

S. Korea’s Average Workweek Dips to 41.5 Hours, Still High Among OECD Countries

S. Korea’s Average Workweek Dips to 41.5 Hours, Still High Among OECD Countries

SEOUL, Jan. 13 (Korea Bizwire) — South Koreans put in an average of 1.3 fewer hours at their jobs in 2018, but the country still had one of the longest workweeks among Organization for Economic Cooperation and Development (OECD) members, official data showed Sunday. According to the Statistics Korea, South Korean employees worked 41.5 hours [...]

Middle-age People Suffer Sharp Drop in Employment Rate

Middle-age People Suffer Sharp Drop in Employment Rate

SEOUL, Jan. 13 (Korea Bizwire) — South Koreans in their forties and fifties were hit hardest by the tougher job market last year stemming from protracted corporate restructuring and an economic downturn, government data showed Sunday. The country’s employment rate — the portion of hired people to the working-age population — reached 60.7 percent in [...]

R&D Gap Between SMEs, Big Biz Widening: Think Tank

R&D Gap Between SMEs, Big Biz Widening: Think Tank

SEOUL, Jan. 13 (Korea Bizwire) – The gap in research and development (R&D) investment between South Korea’s small and medium-sized businesses and big companies is widening, a local think tank said Sunday, a development that can pose economic challenges going forward. The report by the Korea Small Business Institute (KOSBI) showed that while small and medium-sized enterprises [...]

Satisfaction with Seoul’s Bicycle Sharing Program Reaches 94 pct

Satisfaction with Seoul’s Bicycle Sharing Program Reaches 94 pct

SEOUL, Jan. 11 (Korea Bizwire) — According to a survey of 1,000 citizens over 19 years old from December 6 to 11 conducted by the Seoul Metropolitan Government, 94.9 percent of respondents were satisfied with the city’s bicycle-sharing service. The satisfaction level has continued to rise, from 85.5 percent in the first half of 2016 [...]

Rate of Miscarriage Triples in Regions Without Obstetrics Clinics

Rate of Miscarriage Triples in Regions Without Obstetrics Clinics

SEOUL, Jan. 11 (Korea Bizwire) — A recent study has shown that the miscarriage rate in South Korea is three times higher than average in areas without obstetrics hospitals or clinics. A research team led by Professor Lee Jin-yong from Seoul National University announced the results on Thursday after conducting a study of 371,341 females [...]