SEOUL, Feb. 1 (Korea Bizwire) – Compared to a few years ago, the number of desktop computers in South Korean homes has decreased dramatically due to the widespread use of smartphones and other mobile devices. The Ministry of Science and ICT and the KISA (Korea Internet & Security Agency) disclosed the results of their “2017 [...]
SEOUL, Jan. 31 (Korea Bizwire) — The population movement rate for those in their 70s nearly halved in the past decade, government data showed Wednesday, as a growing number of senior citizens shy away from living with their children even after the death of their spouse. The rate fell to 7.0 percent last year from [...]
SEOUL, Jan. 30 (Korea Bizwire) — A new study has found that KakaoTalk is the most widely used internet platform among South Korean social networking site (SNS) users to access news coverage. Conducted and carried out by the Korea Press Foundation, data for the study was gathered via a survey of 2,108 SNS users between [...]
SEOUL, Jan. 30 (Korea Bizwire) — Sales of tennis rackets and related products soared sharply recently as Chung Hyeon became the first South Korean to reach the semifinals at the Australian Open last week, industry sources said Tuesday. The tennis star became the first South Korean to reach the semifinals at a Grand Slam event [...]
SEOUL, Jan. 29 (Korea Bizwire) — A large number of South Koreans are interested in starting their own businesses and earnings are their top consideration, a poll conducted by a public start-up support foundation showed Sunday. The latest findings from the Korea Institute of Startup & Entrepreneurship Development (KISED) revealed that 53.5 percent of the [...]
SEOUL, Jan. 26 (Korea Bizwire) — A majority of South Koreans favor banning the import of Japanese fishery products, a survey showed Friday, underscoring lingering safety concerns about possible radioactive contamination. Radioactive water leaked following the meltdown at Japan’s Fukushima nuclear power plant in 2011. The Consumers Union of Korea polled 1,023 adults across the [...]
SEOUL, Jan. 24 (Korea Bizwire) — The amount of crowdfunding in South Korea soared about 60 percent last year, data showed Wednesday, signaling the platform grew as an effective financing option for startups. According to the data by the Financial Services Commission (FSC), 183 companies raised a combined 27.8 billion won (US$25.9 million) last year, [...]
SEOUL, Jan. 24 (Korea Bizwire) — Exports of oil and related goods by South Korean refiners reached an all-time high last year on strong demand and higher oil prices, industry data showed Wednesday. Oil and petrochemical goods exported by SK Innovation Co., GS-Caltex Co., S-Oil Corp., Hyundai Oilbank Co. and others reached 472.32 million barrels [...]
SEOUL, Jan. 24 (Korea Bizwire) — Corporate women have been promoted to executive-level positions in bigger numbers in recent months, according to data Wednesday, in the latest sign that the glass ceiling is being chipped away in the male-dominated society. CEO Score, a site that appraises corporate management, counted 65 job promotions for women among [...]
SEOUL, Jan. 23 (Korea Bizwire) — Exports of South Korean-made instant noodles, or “ramyeon,” surpassed the US$300 million mark for the first time ever on the back of strong popularity in China, the United States and Southeast Asian nations, government data showed Tuesday. Shipments of ramyeon reached a record high of $380 million last year, [...]