SEOUL, May 23 (Korea Bizwire) – Fathers are far less committed than mothers to everyday parenting, such as taking part in a child’s school events, a local study showed Monday, raising calls for the adoption of a more parents-friendly work system in the country. According to the latest research by the Korea Institute of Child [...]
SEOUL, May 22 (Korea Bizwire) – The majority of South Korean women no longer see marriage as a necessity, but rather a choice, a new report from the Korea Institute for Health and Social Affairs (KIHASA) has found. The same report also revealed that in recent years, divorce has moved from something forbidden to an ‘option [...]
SEOUL, May 22 (Korea Bizwire) — German carmakers BMW and Mercedes-Benz sold more vehicles in South Korea in the January-April period compared to Japan, an industry association said Sunday. Vehicle sales by BMW and Mercedes-Benz jumped 48 percent and 32 percent year-on-year, respectively, to 18,115 and 24,877 units in the Korean market during the first [...]
SEOUL, May 22 (Korea Bizwire) — Asset size of South Korea’s top four business conglomerates grew by more than 30 percent over the past five years, a corporate information provider said Sunday. Data provided by Chaebul.com showed combined assets of Samsung, Hyundai Motor, SK and LG stood at 864.9 trillion won as of end 2016, [...]
SEOUL, May 19 (Korea Bizwire) – Despite a modest improvement over the past five years, South Korea still remains among the countries with the highest suicide rates in the world, a new WHO report has revealed. The South Korean suicide rate is 28.4 per 100,000 individuals, ranking fourth among 183 countries surveyed in the 2017 [...]
SEOUL, May 17 (Korea Bizwire) – Nearly seven in ten companies in South Korea are not prepared for the fourth industrial revolution, which is reshaping many economies and industries with a range of new technologies, a new report revealed. According to the report released yesterday by the Hyundai Research Institute on the perception of the fourth [...]
SEOUL, May 17 (Korea Bizwire) – Almost half of South Koreans living alone are skipping breakfast, with a growing tendency of the younger generation to consume more instant meals and less vegetables and fruit, a survey showed Tuesday. Only 53.5 percent of the respondents who live on their own said they have breakfast every day, far lower than the 65.3 percent of people who were asked the [...]
SEOUL, May 17 (Korea Bizwire) — South Korea lags behind rival industrialized countries in attracting talented foreign workers, various industry data showed Tuesday, despite the government’s effort to ease its visa issuance system to cope with the country’s declining labor force. The number of foreigners residing in South Korea jumped from 1.4 million in 2011 [...]
SEOUL, May 16 (Korea Bizwire) – The number of foreigners residing in South Korea has been rising at a fast clip over the past decade, with their tax payments rising more than fourfold, government data showed Tuesday. Foreign residents in the country numbered 1.89 million in 2015, 2.5 times the 747,000 recorded 10 years earlier, [...]
SEOUL, May 15 (Korea Bizwire) – Three in 4 adult South Korean citizens gave a positive outlook on President Moon Jae-in’s handling of state affairs, a survey showed Monday, reflecting high public support for the newly minted liberal leader. In the survey conducted from Wednesday through Saturday by local pollster Realmeter, 74.8 percent of the [...]