SEOUL, Oct. 16 (Korea Bizwire) — The number of teenagers suffering from alcoholism has been on the rise, with the total receiving treatment hitting 7,800 over the past five years, data showed Monday. According to the Health Insurance Review and Assessment Service data submitted to the National Assembly, teens categorized as alcoholics increased from 2012 [...]
SEOUL, Oct. 13 (Korea Bizwire) – According to an online survey conducted by job site Albamon, more than a quarter of South Korean university students don’t read books outside of school-related material. Of the students participating in the survey, 474 of the 1,289 (36.8 percent) responded that they did not read books unrelated to school. [...]
SEOUL, Oct. 11 (Korea Bizwire) — South Korea ranked 22nd in the per capita net financial assets among 53 major economies last year, a report said Wednesday. The average South Korean had 28,180 euros in financial assets including cash, bank deposits, stocks, insurance and pensions last year, according to a global wealth report by the [...]
SEOUL, Oct. 10 (Korea Bizwire) – One out of six South Korean children and youths are obese with the rate increasing every year, government data showed Tuesday. The data by the Ministry of Health and Welfare showed that 16.5 percent of elementary, middle school, and high school students suffered from obesity in 2016, up 0.9 percentage [...]
SEOUL, Oct. 10 (Korea Bizwire) — Imports of electronic cigarettes more than doubled after the government raised taxes on conventional tobacco in 2015 to discourage smoking, government data showed Tuesday. Industry sources attribute the sharp rise to smokers switching to e-cigarettes which are exempted from higher taxes. The government increased taxes on cigarettes by 2,000 [...]
SEOUL, Oct. 10 (Korea Bizwire) – Foreigners on medical tours to South Korea are generally satisfied with the services they receive but feel inconvenienced the most by the language barrier, a survey showed Tuesday. The Korea Tourism Organization canvassed 2,152 medical tourists who visited South Korea last year and found that they gave an average [...]
SEOUL, Oct. 3 (Korea Bizwire) – The number of foreigners visiting Korea for plastic surgery and skin care amounts to 100 thousand a year. The total medical expenses spent by foreigners last year were 270 billion won, accounting for more than 30% of all medical expenses spent by foreigners in Korea. According to statistics that ruling [...]
SEJONG, Oct. 2 (Korea Bizwire) – More than 10 million South Koreans swiped their credit cards in foreign countries in 2016 on a sharp rise in overseas travelers, a report showed Monday. A total of 10.79 million people made overseas purchases worth 16.35 trillion won through credit cards in 2016, up from 9.19 million a [...]
SEOUL, Sept. 28 (Korea Bizwire) — South Korean banks sharply scaled up their investment in tech startups in the first half of the year with their lending to the sector climbing solidly, the financial regulator said Thursday. Domestic lenders’ investment in low-credit startups with a high level of technology stood at some 1.2 trillion won [...]
SEOUL, Sept. 27 (Korea Bizwire) — South Korean companies’ entertainment expenses sank nearly 15 percent on-year in the first half of the year after a draconian anti-graft law came into force a year earlier, a market tracker said Wednesday. A total of 139 large companies spent a combined 97 billion won (US$85.2 million) in the [...]