SEOUL, Jun. 22 (Korea Bizwire) — Consumption of kimchi does not raise blood pressure despite its high salt content as the lactic acid bacteria in the fermented dish actually helps drive sodium out of the body, a survey showed Wednesday. Kimchi is a traditional Korean side dish made of fermented napa cabbage, salt and pepper. [...]
SEJONG, June 21 (Korea Bizwire) – The number of one-person families continued to rise in South Korea last year amid the fast-spreading trend of people remaining single, government data showed Wednesday. Households consisting of a single member totaled 5.28 million in 2016, up 3.3 percent, or 169,000, from the previous year, according to the data [...]
SEJONG, Jun. 21 (Korea Bizwire) — Nearly half of South Korean workers pay no income tax, a report said Tuesday, amid heated debates on a tax hike to secure funds for President Moon Jae-in’s job creation pledges. Some 46.5 percent of 17 million wage earners in the country were exempted from paying income tax in [...]
SEOUL, Jun. 21 (Korea Bizwire) — South Korea’s premature birthrate has nearly doubled in the past 16 years, a survey showed Tuesday, with a growing number of women getting married late and experiencing difficulties having babies. The rate of premature delivery within less than 37 weeks of pregnancy rose to 6.44 percent between 2013 and [...]
SEOUL, Jun. 20 (Korea Bizwire) — South Koreans used about 60 percent of the paid holidays given to them on average in 2013, government data showed Monday, amid growing calls to improve poor working conditions and long hours on the job. According to a survey conducted by the Ministry of Employment and Labor, South Korean [...]
SEOUL, Jun. 19 (Korea Bizwire) — A new report says nearly 60 percent of South Koreans discover new music while watching TV. According to a 2016 white paper on the music industry released by the Korea Creative Content Agency, when asked what type of music they enjoyed listening to (multiple responses permitted), 58.5 percent of [...]
SEOUL, Jun. 19 (Korea Bizwire) — More than 7 out of 10 South Koreans no longer listen to music on CDs as consumers increasingly turn to smartphones and computers, a poll showed Sunday. The Korea Creative Content Agency (KCCA) released the results of its 2016 survey of 1,200 Koreans aged between 10 and 59 on [...]
SEOUL, Jun. 19 (Korea Bizwire) — Loans taken out to finance facility expansions reached an all-time high in March, in line with a recovery in exports and the global economy, data showed Sunday. According to the data compiled by the Bank of Korea, facility loans reached a record 404.87 trillion won (US$356 billion) as of [...]
SEOUL, Jun. 19 (Korea Bizwire) — Southeast Asia’s online market is expected to expand sharply backed by the region’s huge population, which serves as a good business opportunity for South Korean companies, a report showed Sunday. In the report, the Korea Trade-Investment Promotion Agency (KOTRA) said the region’s online shopping market has been growing at [...]
SEJONG, June 16 (Korea Bizwire) – South Korea’s capital city of Seoul will face the steepest decrease in population over the next 30 years amid the country’s chronic low birth rate and rapid aging, government data showed Thursday. The number of residents in Seoul is predicted to reach 8.81 million in 2045, down 1.13 million, [...]