SEOUL, Dec. 28 (Korea Bizwire) — Small business owners spend an average of 840,000 won (US$716) a month on online delivery service applications. Of the money spent, half of it is spent on advertising via the application. Business owners want half of what they are spending on the application, 200,000 won, for advertisements. This data [...]
SEJONG, Dec. 27 (Korea Bizwire) — South Korea’s top 10 companies accounted for 36.2 percent of the country’s exports in 2017, data showed Thursday, in the latest sign of economic domination by family-controlled conglomerates. The data compiled by Statistics Korea and the Korea Customs Service showed that the combined outbound shipments of the 10 companies [...]
SEOUL, Dec. 27 (Korea Bizwire) — The Korea Centers for Disease Control and Prevention conducted a nationwide online survey with the participation of 1,000 people over 19 years of age, inquiring about their willingness to donate organs and tissue. The results indicated that 7 out of 10 participants were willing to be donors. While most [...]
SEOUL, Dec. 27 (Korea Bizwire) — The survival rate of South Korean cancer patients topped 70 percent in 2016, sharply up from a decade ago, government data showed Thursday. The rate of people being diagnosed with cancer and living more than five years came to 70.6 percent between 2012 and 2016, up from 54 percent [...]
SEOUL, Dec. 27 (Korea Bizwire) — A recent study has revealed that South Korean men are twice as likely to suffer from depression after retirement compared to women. The Korea Institute for Health and Social Affairs (KIHASA) revealed on Wednesday how retirement can affect the psychological health of individuals. The study showed that the CES-D, [...]
SEOUL, Dec. 27 (Korea Bizwire) — The employment rate of graduates of domestic colleges and graduate schools fell to 66.2 percent in 2017, a report by the Ministry of Education and the Korean Educational Development Institute said Thursday. Last year’s employment rate of the highly educated graduates was the lowest since the ministry and the [...]
SEOUL, Dec. 26 (Korea Bizwire) — Areas with a higher number of households that pay monthly rent for housing have more schools, while areas with residents who own their homes have more hospitals. In addition, in areas with a high proportion of households living in rented homes, there is a trend towards an increase in [...]
SEOUL, Dec. 26 (Korea Bizwire) — South Korean adults have twice the level of harmful toxic chemicals in their bodies as youths, the Ministry of Environment said Wednesday, citing a state laboratory’s research. According to the National Institute of Environmental Research’s study on 6,167 South Korean people from 2015 to 2017, the blood lead level [...]
SEOUL, Dec. 26 (Korea Bizwire) — Amid the controversy over the revision of the minimum wage act, which includes a weekday off, South Korean companies are facing a complicated wage system. At the same time, South Korean companies have shown greater flexibility with wage increases than in Japan, meaning wages will naturally increase as service [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea-Vietnam relations are drawing closer than ever as tourism exchanges have soared in recent months. Vietnamese media reported on Sunday that approximately 3.16 million South Koreans have visited Vietnam this year, an increase of 46.5 percent compared to last year. The Vietnam National Administration of Tourism expected more [...]