SEOUL, Nov. 24 (Korea Bizwire) – A survey of 1,000 university students was able to glean a number of insights into the perspectives held on societal concerns like the plunging birth rate and hopes and expectations for the future such as marriage and jobs. Commissioned by the Korea Population and Health Welfare Association, the questionnaire [...]
SEOUL, Nov. 24 (Korea Bizwire) – Survey results have revealed that South Koreans are on the whole pessimistic and are distrustful of the government and the fourth estate. Conducted by pollster Uri Research and Consulting, the study revealed that of 1,000 adults surveyed, only 36.2 percent said they agreed with the validity of the statement [...]
SEOUL, Nov. 23 (Korea Bizwire) – South Korean savings banks’ household lending has soared nearly 20 percent over the past year to top the 20 trillion-won (US$18.3 billion) mark despite their high interest, central bank data showed Thursday. Savings banks’ outstanding household loans stood at 20.6 trillion won as of end-September, up 19.8 percent from [...]
SEOUL, NOV. 22 (Korea Bizwire) – A survey of salaried employees revealed that more than half held after-work company dinners – a staple of South Korean work culture – in low regard, listing reasons like “loss of personal time” and “having to spend time with those I feel uncomfortable with”. In May, jobs site Saramin [...]
SEOUL, Nov. 21 (Korea Bizwire) – New data from Mastercard has revealed that Seoul is the 7th most visited city by international tourists in the world. The Korea Tourism Organization announced on Sunday that Seoul ranked 7th in terms of visits by foreign tourists in 2016, citing the Mastercard Global Destination Cities Index 2017. The South [...]
SEOUL, Nov. 21 (Korea Bizwire) — The city of Seoul and its surrounding areas are no sanctuary from earthquakes, as the region lies on fault lines, including one believed to be active, a City Hall-affiliated think tank said Monday. The Seoul Institute said a total of 15 earthquakes have shaken the Seoul capital area since [...]
SEJONG, Nov. 20 (Korea Bizwire) — The number of children that South Korean parents want in their lifetimes has more than halved in the past 60 years amid the country’s low birth trend, government data showed Monday. Married couples in the country said they want 2.07 kids on average in the 2010-2015 period, compared with [...]
SEOUL, Nov. 20 (Korea Bizwire) — The number of car accidents caused by senior drivers more than quadrupled over the past 10 years, insurance data showed Monday, leading to 304.8 billion won (US$277.21 million) in damage. The accident tally for private drivers from the Korea Insurance Development Institute showed there were some 29,000 accidents caused [...]
SEOUL, Nov. 20 (Korea Bizwire) — Key business indices for renewable energy, including investment and domestic demand, have backtracked over the past few years, data showed Monday, a challenge to the government policy to pursue non-nuclear power sources. The data provided in a 2016 survey by the New Renewable Energy Center of the Korea Energy [...]
SEOUL, Nov. 20 (Korea Bizwire) – Samsung Group Chairman Lee Kun-hee’s ranking among the world’s superrich rose to 37th place as of late last week, thanks to the surge in the stock value at the conglomerate’s electronic arm, a U.S.-based financial news source said Sunday. According to Bloomberg, Lee, who has been hospitalized since May [...]