SEOUL, Jun. 28 (Korea Bizwire) — More than 2.6 million, or one in 10, Korean women live alone, and an increasing number believe marriage isn’t mandatory, recent data from the country’s national statistics agency showed Tuesday. According to the report “2017 Statistics on Women” released by the Ministry of Gender Equality and Family and Statistics [...]
SEOUL, Jun. 27 (Korea Bizwire) — South Korea ranked No. 1 in terms of e-commence for grocery shopping, far outpacing other major developed countries, an industry report showed Tuesday. According to the report by industry tracker, Kantar Worldpanel, the percentage of fast-moving consumer goods (FMCG) shopping via online and mobile channels out of all purchases [...]
SEOUL, Jun. 27 (Korea Bizwire) — South Korea’s pharmaceutical industry has posted more than double the annual growth rate in terms of employment compared to the manufacturing sector as a whole, industry data showed Tuesday. The pharmaceutical industry has recorded 3.9 percent in annual employment growth rate between 2005 and 2015, while the comparable figure [...]
SEOUL, Jun. 26 (Korea Bizwire) — Imports of foreign beef have risen in the first five months of this year as consumers seek less expensive meat amid the sluggish pace of economic recovery and the anti-graft law which limits gifts that can be given to public officials, teachers and journalists. The law, which took effect [...]
SEOUL, June 23 (Korea Bizwire) – Nearly three in 10 South Korean office workers feel alienated at the workplace due to their academic background, a poll said Friday. Top online job search portal JobKorea said its recent survey of 352 office employees showed that 33.8 percent of the respondents have felt a sense of alienation [...]
SEOUL, Jun. 22 (Korea Bizwire) — According to the Bank of Korea’s latest report submitted to the National Assembly, overall levels of household debt are on the rise. The report concludes that the two major factors responsible are excessive real estate investment and the aging population. Almost two thirds of the average Korean’s financial portfolio [...]
SEOUL, June 22 (Korea Bizwire) – Nearly 80 percent of South Koreans support a resumption of long-suspended inter-Korean dialogue, a survey by a presidential advisory panel showed Thursday, indicating strong backing for the policy line of new President Moon Jae-in. In the survey by the National Unification Advisory Council, 76.9 percent of respondents said South Korea should [...]
SEOUL, Jun. 22 (Korea Bizwire) — The average daily commuting time for those living in Seoul and neighboring Gyeonggi Province is 1 1/2 hours, a survey showed Wednesday. The survey of 420,000 long-term evolution (LTE) service subscribers in their 30 and 40s by KT Corp., South Korea’s second-largest mobile carrier, revealed they spent an average [...]
SEOUL, Jun. 22 (Korea Bizwire) — The number of foreign residents in South Korea has more than doubled over the past decade, with Vietnamese nationals accounting for the largest portion after China as of last year, government data showed Wednesday. The number of non-Korean citizens totaled 2.05 million as of end-December 2016, up from 910,000 [...]
SEJONG, Jun. 22 (Korea Bizwire) — A third of South Korean people are obese, causing Asia’s fourth-largest economy to shoulder nearly 7 trillion won (US$6.12 billion) in social costs every year, the government said Wednesday. Also, some 25 percent of boys aged between 5 and 14 in South Korea suffer from obesity, compared with an [...]