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90% of Adults Unable to Communicate with Elderly: Survey

90% of Adults Unable to Communicate with Elderly: Survey

SEOUL, Sept. 6 (Korea Bizwire) — A new study has revealed that 5 out of 10 South Korean senior citizens say they have difficulty communicating with those belonging to younger demographic groups. Of adults middle-aged and younger, 90 percent stated that they could not communicate with the elderly. The results of the study, which was [...]

Online Shopping Purchases Hit Record High in July

Online Shopping Purchases Hit Record High in July

SEJONG, Sept. 5 (Korea Bizwire) — Purchases made using the Internet and mobile devices in South Korea reached an all-time high in July, government data showed Wednesday, demonstrating the popularity of smartphones, fast delivery and convenient payment options offered to local shoppers. The total value of transactions made with computers, smartphones and tablets reached a [...]

Richest People Make 1,000 Times More than Poorest

Richest People Make 1,000 Times More than Poorest

SEOUL, Sept. 2 (Korea Bizwire) — The richest people in South Korea earned nearly 1,000 times more than the lowest wage earners last year, a parliamentary report said Sunday, highlighting the country’s widening income disparity. The average earned income of the top 0.1 percent bracket reached 660 million won (US$590,000) per person last year, according [...]

About 94 pct of Korean Adults Have Experienced YouTube: Survey

About 94 pct of Korean Adults Have Experienced YouTube: Survey

SEOUL, Aug. 30 (Korea Bizwire) — About 94 percent of Korean adults have used YouTube directly or indirectly via other routes, a survey showed Thursday. A media research center of the Korea Press Foundation canvassed online 1,218 adults across the country from Aug. 20-24, and 77.8 percent, or 948, of the respondents answered they are [...]