SEOUL, Dec. 7 (Korea Bizwire) – Internet-only banks like K Bank and Kakao Bank are rated higher in consumer satisfaction than online banking services provided by traditional financial institutions, but trust issues with the online services remain. Consumer satisfaction with internet-only banks was higher in six categories, among them bank fees and interest rates, compared [...]
SEOUL, Dec. 7 (Korea Bizwire) — Major foreign investment banks (IBs) have upgraded their 2018 growth forecasts for the South Korean economy on its strong exports, a report showed Thursday. According to the report by the Korea Center for International Finance, Barclays, Goldman Sachs and seven other foreign IBs have forecast Asia’s fourth-largest economy to [...]
SEOUL, Dec. 5 (Korea Bizwire) – Over 56,000 online petitions have been created since President Moon Jae-in, to commemorate his 100th day in office, said the Blue House website would serve as a bulletin board for citizens to post their requests directly to the nation’s highest ranking public servant. So far, seven petitions have accrued [...]
SEOUL, Dec. 5 (Korea Bizwire) — Three out of 10 shipowning company managers said they are likely to order new ships within the next 12 months, according to an industry report, in a sign that the maritime sector sees light at the end of the tunnel. SMM, the leading international maritime trade fair that takes [...]
BUSAN, Dec. 4 (Korea Bizwire) — A South Korean research team said Monday it has recently uncovered a large skin impression on a sauropod dinosaur footprint from the Early Cretaceous period in floodplain deposits in southeastern South Korea. The team led by Paik In-sung, an earth and environmental science professor at Pukyong National University, exposed [...]
SEOUL, Dec. 3 (Korea Bizwire) — Expectations that South Korea will achieve 3 percent growth and per capita income of US$30,000 are on the rise for 2018 fueled by the strengthening of the global economy, market watchers said Sunday. Observers said that the upbeat forecast is based on gains in exports in the new year [...]
SEOUL, Nov. 30 (Korea Bizwire) – Self-reported happiness levels of young adults in their 20s have declined sharply by 10 percentage points in just six years, a survey has found. The survey also found that a higher percentage of high earners thought of themselves as happy, with 66 percent of those who earned more than [...]
SEOUL, Nov. 30 (Korea Bizwire) – 4 out of 10 South Koreans fear nuclear reactor failure — possible collateral damage caused by an earthquake — more than the dangers posed by the quake itself. Pollster Realmeter surveyed 1,015 individuals above the age of 19 on their opinions on the safety of nuclear power plants and the [...]
SEOUL, Nov. 29 (Korea Bizwire) – The most beautiful Korean woman would have the eyes of Kim Tae-hee, the nose of Han Ga-in and the lips of Song Hye-kyo according to 290 South Koreans. Pharmaceuticals company Hugel teamed up with members of university hospitals to survey 290 individuals, 72 of them medical professionals, and diclosed [...]
SEOUL, Nov. 29 (Korea Bizwire) – Jobs site Job Korea conducted a survey of 1,162 employed individuals in their 20s and 30s and found that the majority described themselves to be lacking in sufficient leisure time. Marital status had a minor effect on how “time-poor” the respondents were, as 74.2 percent of married individuals and [...]