SEJONG, Feb. 3 (Korea Bizwire) – Online shopping in South Korea reached a fresh record high in December on the back of a steady upbeat trend of buying goods through computers and mobile phones, government data showed Friday. Total online transactions reached a record 6.2 trillion won (US$5.4 billion) in December, up 15.4 percent from [...]
SEOUL, Feb. 2 (Korea Bizwire) – More South Koreans, noticeably young people and women, are putting less emphasis on traditional values such as family and marriage, a survey showed Thursday. The survey was conducted by the Korea Institute for Health and Social Affairs (KIHASA) on people aged over 18 in 2006 and 2016. It showed [...]
SEJONG, Jan. 31 (Korea Bizwire) – The number of stay-at-home fathers in South Korea hit a six-year high in 2016 amid rising female employment and the tightened job market, government data showed Tuesday. A total of 161,000 men took on the caretaking and homemaking role in a family last year, marking the largest since 2010, [...]
SEOUL, Jan. 24 (Korea Bizwire) – A recent study by the Seoul Institute has revealed that Seoul’s three richest districts – Gangnam, Seocho, and Songpa – have lower female obesity rates than other neighborhoods in the capital. According to the study, the obesity rate for adult men residing in Seoul was 31.7 percent and for [...]
SEJONG, Jan. 24 (Korea Bizwire) – Per capita rice consumption in South Korea hit a fresh record low last year amid rapid changes in eating habits, government data showed Tuesday. The average annual consumption of rice per person fell to 61.9 kilograms last year, down 1.6 percent from the previous year’s 62.9 kg, according to [...]
SEOUL, Jan. 19 (Korea Bizwire) – South Korean infants are prescribed antibiotics in much higher frequency than those in other countries, the latest research report said Thursday, confirming concerns in the medical community of serious misuse that could hurt the immune system. The results show South Korean toddlers on average are prescribed antibiotics 3.41 times [...]
SEOUL, Jan. 18 (Korea Bizwire) – The total number of EVs registered by the government surpassed 10,000 in 2016, setting a new milestone and taking another step forward towards a greener automotive industry. According to the Ministry of Land, Infrastructure and Transport, there were 10,855 electric vehicles officially registered as of the end of last [...]
SEOUL, Jan. 18 (Korea Bizwire) – South Korea will establish a 3.5 trillion won (US$2.9 billion) fund to nurture startups and venture firms in the science and technology sectors to secure new growth engines, the science ministry said Wednesday. Under the comprehensive plan announced by the Ministry of Science, ICT and Future Planning, the fund [...]
SEOUL, Jan. 17 (Korea Bizwire) – The number of registered vehicles in South Korea continued to grow, nearing 22 million in 2016, the government said Tuesday. Car registrations came to 21,803,351 units as of end-2016, up 3.9 percent or some 813,000 from a year earlier, according to the Ministry of Land, Infrastructure and Transport. The [...]
SEOUL, Jan. 9 (Korea Bizwire) – South Korea’s local automobile output dropped significantly from a year earlier in 2016, also slipping a notch to the world’s sixth-largest producer of cars, industry data showed Monday. According to the data from the Korea Automobile Manufacturers Association (KAMA), five South Korea-based automakers produced a combined total of 4,228,536 [...]