SEOUL, Sept. 1 (Korea Bizwire) – The number of South Koreans traveling to China continued to drop in August, with more people opting to fly to Japan or Southeast Asia instead, industry data showed Friday, as the ongoing diplomatic spat between Seoul and Beijing over the deployment of a U.S. missile defense system does not [...]
SEOUL, Aug. 25 (Korea Bizwire) — A group of South Korean and American scientists have developed high-tech yarn that generates electricity, Seoul’s ICT ministry said Friday, a finding that may one day lead to the development of smartphones and other devices that do not need batteries. The Ministry of Science and ICT said a joint [...]
SEJONG, Aug. 22 (Korea Bizwire) — One-person families will likely become the most common household type in all South Korean cities and provinces in the next 30 years amid the country’s low birthrate and rapidly aging population, government data showed Tuesday. Households consisting of a single member are forecast to account for 36.3 percent of [...]
SEOUL, Aug. 22 (Korea Bizwire) — Kakao Taxi is the most popular cab-hailing app in South Korea, dominating 98 percent of the market, while the food delivery app sector is fiercely contested by two rivals, according to a survey on Tuesday. Market analysis company Open Survey polled 1,500 smartphone users between 20 through 40 to [...]
SEOUL, Aug. 9 (Korea Bizwire) — Sixty percent of surveyed adults disapprove of government proposals on lowering telecommunications costs for not meeting their expectations, a consumer advocacy group said Wednesday. A poll by the Green Consumer Network of Korea said 60.2 percent appraised the proposals as inadequate compared with 42.8 percent who felt the move [...]
SEOUL, Aug. 8 (Korea Bizwire) — South Korea may be hit hardest if the United States turns up the heat on China over trade issues as Seoul vies fiercely with Beijing for a bigger slice of the U.S. market, a report said Tuesday. The Korea International Trade Association (KITA) claimed in the report that Washington [...]
SEOUL, Aug. 8 (Korea Bizwire) — A majority of part-time workers expect they will be replaced by kiosks due to the rise in minimum wage, with those working at restaurants and cafes expressing the most concern, a portal survey said Tuesday. Alba, a portal for job seekers, asked 644 members between July 27 and Aug. [...]
WASHINGTON, Aug. 7 (Korea Bizwire) — More than 60 percent of Americans are in favor of sending troops to defend South Korea in the event of an attack by North Korea, a survey showed Monday, indicating a strengthened commitment toward the Asian ally. The survey, conducted by the Chicago Council on Global Affairs with support [...]
SEOUL, Aug. 7 (Korea Bizwire) — A Japanese state textbook shows that the country hadn’t laid a territorial claim to Dokdo, a group of small islets in the East Sea, at least until in the late 19th century, in the latest piece of evidence that gives an upper hand to Korea in the territorial dispute [...]
SEOUL, Aug. 6 (Korea Bizwire) — South Korea’s per capita gross domestic (GDP) is expected to edge past Italy’s in 2018, the government predicted Sunday, based on growth forecast data. The prediction, if it is met, will place the country’s per capita GDP at slightly more than US$30,000 and just over that of the European [...]