SEOUL, Jun. 5 (Korea Bizwire) — The cancellation of the free trade agreement (FTA) between Seoul and Washington will be more detrimental to U.S. companies than their South Korean counterparts, a local think tank said Sunday. According to the Korea Institute for Industrial Economics and Trade (KIET), if the South Korea-U.S. pact (KORUS) is nullified [...]
SEOUL, Jun. 5 (Korea Bizwire) — A group of South Korean scientists have developed a new eco-friendly method to chemically produce terephthalic acid (TPA), which is largely used for polyethylene terephthalate, the science ministry said Sunday, a development that could be a boon in the mass production of next-generation industrial plastic. TPA is a large-volume [...]
SEOUL, June 2 (Korea Bizwire) – Nearly 4 in 10 employed South Koreans in their late 30s and 60s are interested in second jobs after retirement or are currently making preparations to that end, a poll said Friday. According to the survey of 1,213 people aged between 35 and 69, 30.1 percent of the respondents [...]
SEOUL, June 2 (Korea Bizwire) – South Koreans think of health as the most important aspect of quality of life, according to a recent survey. The survey by World Research was conducted at the request of the Smart Health Management Strategy Lab at Seoul National University, with the aim of creating a quality of life [...]
SEOUL, June 2 (Korea Bizwire) – More than 80 percent of the public approve of President Moon Jae-in’s job performance so far, a survey showed Friday, less than a month after the liberal took office. In the survey conducted on 1,004 adults from Tuesday to Thursday, 84 percent of respondents said they think Moon is [...]
SEOUL, June 2 (Korea Bizwire) – Fewer than 4 in 10 irregular workers in South Korea benefit from the country’s state pension program, a much lower percentage than full-time employees, a report said Thursday. Slightly over 36 percent of temporary workers had state pension subscriptions as of 2016, compared to 83 percent for regulars, according [...]
TAIWAN, June 1 (Korea Bizwire) – A new survey conducted by Booking.com revealed Busan was the most popular destination on a list of gourmet cities among Taiwanese travelers. The findings from the survey published yesterday prior to the city’s dragon boat festival also revealed Shanghai and Kobe, Japan as the second and third most popular destinations [...]
SEOUL, June 1 (Korea Bizwire) – Despite the South Korean elderly (60 and above) spending fewer hours on their smartphones compared to other age groups, they turned out to be the biggest readers of mobile news. In a study conducted by the Barun ICT Research Center (Yonsei University), older Koreans spent an average of 18.8 [...]
SEOUL, June 1 (Korea Bizwire) – South Korea’s consumption of antibiotics has been greatly reduced, a government report showed Thursday, but the country remains the top user among Organization for Economic Cooperation and Development (OECD) member countries. According to the report by the Health Insurance Review and Assessment Service, the prescription rate of antibiotics for [...]
SEOUL, June 1 (Korea Bizwire) – One out of every 3 firefighters in South Korea suffers from Post-Traumatic Stress Disorder (PTSD), a report showed Thursday, underscoring the mental health issue facing emergency workers. The report showed that 34.4 percent of the firefighters showed some symptoms of the disease, the report by the National Center for [...]