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Archive by category By the Numbers

Study Finds Higher Levels of Plasticizer Chemicals in South Korean Infants as Toxins Decline Nationwide

SEOUL, Dec. 31 (Korea Bizwire) — A national environmental health study has revealed that South Korean infants and toddlers have slightly higher concentrations of plastic-softening chemicals in their bodies compared to adults, though the levels remain well below international safety guidelines. The findings, released on December 30 by the National Institute of Environmental Research, come from [...]

Survey Shows Short-form Video Dominates Smartphone Viewing in South Korea

SEOUL, Dec. 31 (Korea Bizwire) — A new government survey has revealed that short-form content has emerged as the most popular type of mobile viewing among South Korean consumers, as smartphone usage continues to rise while traditional TV viewing declines. The Korea Communications Commission and the Korea Association for ICT Promotion released their “2024 Broadcasting Media [...]

Korail’s Real-Time Train Location Service Voted Best Offering of 2024

DAEJEON, Dec. 31 (Korea Bizwire) —The Korea Railroad Corporation (Korail) announced on Friday that its real-time train location service was ranked the top offering of 2024 in a public poll. The service allows passengers to track the current location and estimated arrival time of all trains on a dedicated map in real time. The poll, [...]

Telemedicine in South Korea Surges, Reaching 11 Million Consultations in 2024

SEOUL, Dec. 31 (Korea Bizwire) — Telemedicine consultations in South Korea reached a cumulative 11 million cases in 2024, reflecting a growing reliance on remote healthcare services for non-urgent conditions, according to the Remote Medical Industry Council (RMIC), a consortium of telemedicine platform companies. The RMIC reported that remote consultations were most commonly used for mild [...]

Newspaper Industry Faces Declining Revenue Per Outlet Amid Changing Media Landscape

SEOUL, Dec. 30 (Korea Bizwire) — South Korea’s newspaper industry has seen a decline in average revenue per outlet and per employee, highlighting challenges in a rapidly shifting media environment, according to the 2024 Newspaper Industry Survey released by the Korea Press Foundation on December 30. As of the end of 2023, the average revenue per [...]

Seoul Homeownership Remains a Challenge Despite Slight Improvements

SEOUL, Dec. 29 (Korea Bizwire) — Purchasing a home in Seoul remains a significant financial challenge, with residents needing to save their entire salaries for 13 years to afford a property, according to data released by South Korea’s Ministry of Land, Infrastructure, and Transport on Friday. The report highlights ongoing housing affordability issues across the country, [...]

Sea Temperatures Could Rise 4.5°C by 2100 Without Carbon Reduction, Korean Study Warns

SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s Meteorological Administration released a stark warning on December 26 about the future of marine environments around the Korean Peninsula, projecting significant changes in ocean temperatures, sea levels, and marine conditions by 2100 without substantial carbon reduction efforts. The high-resolution marine climate change scenario, developed in collaboration with research [...]

South Korea Grapples with Highest Elderly Traffic Fatalities and Suicide Rates Among OECD Nations

SEOUL, Dec. 27 (Korea Bizwire) — South Korea has the highest traffic fatality rate for seniors among OECD member countries, with elderly suicides also remaining alarmingly high despite recent declines, according to a 2024 report. Data reveals that the number of elderly suicides is over 2.6 times greater than traffic-related deaths. A study by Professor Jung [...]

Millennials Propel South Korea’s Economy with Strong Earnings and Real Estate Investments

SEOUL, Dec. 26 (Korea Bizwire) —In the ever-evolving economic landscape of South Korea, Millennials—those born in the 1980s—have emerged as a cornerstone of the nation’s financial vitality. According to a new report from Woori Financial Group, this generation is navigating a delicate balance between robust earnings, strategic investments, and cautious spending, all while reshaping economic [...]

Sejong Tops South Korea’s Work-Life Balance Index for 2023

SEOUL, Dec. 26 (Korea Bizwire) —Sejong emerged as the leading region for work-life balance in South Korea in 2023, according to a report released by the Ministry of Employment and Labor on Wednesday. The region excelled in providing optimal working hours, leisure opportunities, and effective implementation of work-family integration policies. The annual Regional Work-Life Balance [...]