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No More Gangnam Style, Vacancies in Buildings All over Gangnam

No More Gangnam Style, Vacancies in Buildings All over Gangnam

SEOUL, Korea, April 19, 2014 (Korea Bizwire) – Office buildings are becoming more and more hollowed out. In the premium-grade skyscrapers in Seoul, it is rather easy to find empty offices these days. The vacancy rate in buildings in the Yoido district – Seoul’s main business and investment banking area dubbed as “Wall Street of Korea” [...]

[Kobiz Stats] Have You Ever Bought a Lottery Ticket?

[Kobiz Stats] Have You Ever Bought a Lottery Ticket?

[Related Article] Government May Come up with New Lottery (Korea Bizwire, April 18) The government is giving positive consideration on developing and releasing new lottery schemes including time-limited lotteries and a Korean version of “Powerball.” On April 17, the Lottery Commission at the Ministry of Strategy and Finance said the government has planned… (see the [...]

[Kobiz Stats] Representation of Male & Female Executives Officers among 93 Listed Companies under Korea’s Top 10 Conglomerates

[Kobiz Stats] Representation of Male & Female Executives Officers among 93 Listed Companies under Korea’s Top 10 Conglomerates

[Related Article] Chances for Woman to Become Executive Officer: 7 to 10,000 (Korea Bizwire, April 18) A study showed the possibility for a female employee to be promoted to an executive officer in Korea’s ten major groups is 1 to 1,430. On the contrary, the possibility for a male counterpart was 1 to 90. (see [...]

2 out of 3 Farm Families Earn Less than 10 Mil. a Year…Stat Office

2 out of 3 Farm Families Earn Less than 10 Mil. a Year…Stat Office

SEOUL, Korea, April 18, 2014 (Korea Bizwire) – Two out of three farm households are earning less than 10 million won a year from crop sales, which implies that there are fewer and fewer farming families relying entirely on agriculture alone for their income. According to a report “2013 Agriculture, Forestry, and Fishery Survey” published [...]