SEOUL, Aug. 19 (Korea Bizwire) — A study revealed that the annual consumption amount of marine products from households has dropped over 800 billion won (about US$786 million) in the past three years in Korea. Such result seems to be due to a plunge in demand of fishery products which require tricky preparation before their cooking, [...]
SEOUL, Aug. 15 (Korea Bizwire) – Although the employment permit scheme for foreign workers has marked its 10th anniversary, it is still under debate between the government and human rights advocacy groups. The government said the system has worked well for improving the management of foreign workers, while the advocacy groups criticized that the system [...]
SEOUL, Aug. 14 (Korea Bizwire) – A report published by the Korea Development Institute found that those who are likely to compare themselves with other people are vulnerable to conspicuous consumption and have less satisfaction with their life. But this tendency could also make them donate more as a way to show off their generosity. The [...]
SEOUL, Aug. 13 (Korea Bizwire) — A recent study shows that the retired “baby boomers” are rapidly turning into “pet boomers.” According to a study conducted by Auction, Korea’s online auction and e-commerce company, on the sales of pet products on its website, the sales from buyers who are in the age group of 50s and [...]
SEOUL, July 30 (Korea Bizwire) – Amid an enviable situation of the rising current account surplus, a controversy broke out that claims the rising surplus is a worrisome sign. According to this argument, the rising current account surplus is largely due to weak domestic consumption and a fall in imports, rather than an indication of Korean industry’s [...]
SEOUL, July 30 (Korea Bizwire) — Young Korean women aged 19 to 24 are light-weighted with the false notion that a slimmer body looks more attractive. They are doing excessive diet, fasting meals more often with less physical activities, a survey said. According to the survey released from the Korea Institute for Health and Social [...]
SEOUL, July 29 (Korea Bizwire) — As the temperatures of the surrounding seas of Korean peninsula is going up, the number of patients, mostly holidaymakers to the beaches, suffering from the stings of jellyfish, is rising. According to the National Health Insurance Service, the number of people stung by jellyfish has increased to 1,183 in [...]
SEOUL, July 28 (Korea Bizwire) — To a question “What is your favorite brand when you plan to buy a new smartphone?” Samsung Electronics topped the list with about 30 percent of respondents said they want to choose Samsung’s, according to a recent survey conducted by the Credit Suisse Research Institute (CSRI). CSRI announced its survey results on July [...]
SEOUL, July 28 (Korea Bizwire) — Jeju Special Self-governing Province was ranked No. 1 in terms of 2012 growth rate among 16 provinces and metropolitan cities. According to data on gross regional domestic products by the National Statistical Office on July 24, the GDP of Jeju Province was 12,706.8 billion won(US$12.4 billion), up 6.1 percent from [...]
SEOUL, July 26 (Korea Bizwire) – Yogiyo, a food delivery application, revealed their research results on the type of pizzas ordered through the app and their website from January to June of this year, and Koreans’ favorite pizza turned out to be “Bulgogi pizza.” Selected by CNN Go as one of the World’s 50 [...]