SEOUL, May 25 (Korea Bizwire) — A recent survey commissioned by the Ministry of Health and Welfare has revealed that 3 out of 10 elderly adults above the age of 65 were found to be economically active because they were unprepared for retirement. The survey found that 30.9 percent of 10,299 individuals questioned between April [...]
SEOUL, May 25 (Korea Bizwire) — Seven out of 10 Koreans are unable to see eye-to-eye with conscientious objectors who refuse to carry out military service, according to a survey commissioned by the Korean Association of Church Communication (KACC) and performed by Gallup Korea. Of the respondents, 68 percent answered that they were unable to [...]
SEOUL, May 24 (Korea Bizwire) — New research shows that Korean comfort women, victims of Japanese colonial rule, are still suffering from posttraumatic stress disorder 70 years after their ordeal. Professor So-young Irene Lee of Soonchunhyang University Hospital, who led a team of researchers, revealed the results of the study in the April edition of [...]
SEOUL, May 24 (Korea Bizwire) — Red ginseng was the most popular product among Chinese shoppers at Korea’s airport duty-free shops, according to a survey by Shinsegae Duty Free’s Incheon Airport branch. In addition, Japanese visitors favored dried laver products, while Southeast Asian tourists said they liked “Honey Butter Almond” products the most. According to [...]
SEOUL, May 23 (Korea Bizwire) — Although the total number of Korean cars exported this year thus far has dropped, the average unit price has risen due to the increase in exports of SUVs and luxury sedans. This is expected to help carmakers cash in on profits despite the industry’s overall slowed growth. According to [...]
SEOUL, May 23 (Korea Bizwire) — A new survey indicates that YouTube is the most widely used app by South Korean music aficionados. According to a survey carried out by the Korea Internet Corporations Association as part of its report on smartphone usage, 75.4 percent of respondents said that their smartphone application of choice to [...]
SEOUL, May 23 (Korea Bizwire) — Eating-out expenses and prices of processed foods in South Korea have risen significantly over the past year, data showed Wednesday, in an additional burden to local consumers. According to the data from the Korea Consumer Agency, six out of the eight dishes most favored by South Koreans when eating [...]
SEOUL, May 22 (Korea Bizwire) — The perception that important social decisions are affected by external pressure, social connections and interest groups continues to be a strong belief held by the public at large. This is according to a report from the Korea Institute for Health and Social Affairs released yesterday that questioned 3,839 adult [...]
SEOUL, May 21 (Korea Bizwire) — As the South Korean population slowly ages, the number of elderly investors over 65 are also on the rise in the finance industry. According to a report released on Saturday by the Financial Supervisory Service, 23.6 percent (23.5 trillion won) of the total funds offered by financial institutions (99.9 [...]
SEOUL, May 21 (Korea Bizwire) — A new study has revealed that that 8 out of 10 Koreans view conflict within society as being “severe.” According to a report released on Saturday by the Korea Institute for Health and Social Affairs, 8.5 percent of respondents answered “very severe”, and 71.8 percent “generally severe.” Thus, 80.3 [...]