SEOUL, Jun. 16 (Korea Bizwire) — A group of South Korean medical researchers developed a new type of anti-cancer immune material derived from a plant, the science ministry said Thursday, opening up new treatment opportunities for patients. The team, led by Lee Chang-hwan of Ulsan University, developed the new substance made from the plant named [...]
SEOUL, Jun. 15 (Korea Bizwire) — South Korea’s bottled water market was valued at 740 billion won (US$656 million) last year, up 15.5 percent from the previous year amid the increase in the number of one-person households and demand for clean water, industry data showed Wednesday. According to the data from Nielson Korea, some 640 [...]
SEOUL, Jun. 15 (Korea Bizwire) — The number of national pension fund subscribers will begin falling in 2019 after peaking next year due to the declining economically active population, a report said Wednesday. The figure is expected to rise to 21.89 million this year and 21.93 million in 2018 from 21.83 million in 2016 before [...]
SEOUL, Jun. 14 (Korea Bizwire) — The number of endometriosis patients rose sharply in recent years due to late marriage and childbirths, stress and irregular lifestyles, with most of those affected in their 30s and 40s, data showed Tuesday. The number of those who were diagnosed as endometriosis patients by CHA Gangnam Medical Center in [...]
SEOUL, June 13 (Korea Bizwire) – Nearly 6 in 10 South Korean jobseekers are willing to work for even low-paying, temporary jobs, a poll showed Monday, pointing to the grim reality facing local job hunters. The leading online job search portal JobKorea said its survey of 1,368 jobseekers showed that 57.7 percent have intentions to [...]
SEOUL, Jun. 13 (Korea Bizwire) — South Korean companies are increasingly facing protectionist measures in major export markets such as the United States and China, the state trade promotion agency said Monday. A total of 30 countries have taken import restrictive measures against South Korean-made products, largely steel and metal goods, or have engaged in [...]
SEOUL, Jun. 13 (Korea Bizwire) — Unfair contracts and practices are posing a grave threat to the livelihood of cultural artists operating in Seoul, a survey conducted by the metropolitan government said Monday. In the poll of 315 cartoonists and webtoon writers and 519 illustrators from last December to February this year, four of five [...]
SEOUL, Jun. 13 (Korea Bizwire) — Tom Cruise wielded unrivaled influence on the South Korean box office over the weekend. His new action blockbuster “The Mummy” topped the weekend box office, drawing 1.128 million cinemagoers to 1,254 screens around the country, according to figures from the Korean Film Council (KOFIC).’ The movie’s accumulated ticket sales [...]
SEOUL, June 12 (Korea Bizwire) – Last year, 245 pet animals were abandoned on a daily basis in South Korea, according to statistics released by the Animal and Plant Quarantine Agency yesterday. In total close to 90,000 animals were abandoned or went missing last year, up 9.3 percent from the previous year, while the figure [...]
SEOUL, Jun. 12 (Korea Bizwire) — The number of imported vehicles in South Korea’s corporate car fleet has fallen to record-low levels this year after the government enforced stricter rules on non-business use, industry data showed Sunday. According to data provided by the Korea Automobile Importers and Distributors Association (KAIDA), the percentage of imported cars [...]