SEJONG, May 7 (Korea Bizwire) — New data has revealed that South Korea’s GDP per hour worked per hour is far lower than that of other advanced nations, and belies the nation’s reputation as one of the world’s leading economies. Experts attribute the low rate to the grueling long work hours not found in other [...]
SEOUL, May 4 (Korea Bizwire) — It has been reported that most people who commit suicide tell others that they “want to die” and show signs of being suicidal, but only one out of five family members recognized such warnings. Factors contributing to suicide were different per age group: dating and education for youth, jobs [...]
SEOUL, May 4 (Korea Bizwire) — With food-related online purchases on the rise thanks to mobile delivery apps, the total volume for online shopping saw record-breaking sales in March totaling 9 trillion won. The first quarter figures for online shopping consumers from China appeared to be somewhat slower due to the lingering aftermath of the [...]
SEOUL, May 4 (Korea Bizwire) — Four out of 10 high student students believe that sexual harassment by teachers takes place in school, according to a survey carried out by a government institution. The National Human Rights Commission of Korea released on Thursday the results of an investigation into sexual harassment by teachers. Of the [...]
SEOUL, May 4 (Korea Bizwire) — According to a study on work-life balance released by BC Card on Thursday, younger workers were more likely to finish work “on the dot” between 6 p.m. and 7 p.m. BC Card carried out the study that analyzed the credit card details of 210,000 office workers in their 30s, [...]
SEOUL, May 4 (Korea Bizwire) — Samsung Electronics Co. saw its market share in the North American smartphone market increase in the first quarter compared to the year before, data showed Friday, while its smaller South Korean rival LG Electronics Inc. lost ground. According to the report by industry tracker Strategy Analytics, Samsung took 28.6 [...]
SEOUL, May 3 (Korea Bizwire) — Most international tourists who visit South Korea via foreign cruise ships want to experience venues of tradition and history on their next visit to the country. This is according to a survey carried out by the Korean Tourism Organization targeting over 2,000 foreign tourists and 300 crew members who [...]
SEOUL, May 2 (Korea Bizwire) — Rapes committed against children and youth are usually carried out by someone familiar to the victim. This is according to report that analyzed the trends of sex crimes against children and youth released by the South Korean Ministry of Gender Equality and Family on Wednesday. The report stated that [...]
SEOUL, May 2 (Korea Bizwire) — South Korea’s medical expenditures have grown at the fastest pace among other major economies over the past decade, a report showed Wednesday. According to the report by the Korea Institute for Health and Social Affairs, medical spending in South Korea jumped by an annual average of 6.8 percent between [...]
SEOUL, Apr. 30 (Korea Bizwire) — More than a quarter of South Koreans have used mobile payment services as increasing numbers of people use mobile devices to pay for goods and services in one of the world’s most wired countries, a poll showed Monday. The survey of 2,500 adults, conducted by the Bank of Korea [...]