SEOUL, May 17 (Korea Bizwire) – Almost half of South Koreans living alone are skipping breakfast, with a growing tendency of the younger generation to consume more instant meals and less vegetables and fruit, a survey showed Tuesday. Only 53.5 percent of the respondents who live on their own said they have breakfast every day, far lower than the 65.3 percent of people who were asked the [...]
SEOUL, May 15 (Korea Bizwire) – Three in 4 adult South Korean citizens gave a positive outlook on President Moon Jae-in’s handling of state affairs, a survey showed Monday, reflecting high public support for the newly minted liberal leader. In the survey conducted from Wednesday through Saturday by local pollster Realmeter, 74.8 percent of the [...]
SEOUL, May 12 (Korea Bizwire) — A group of South Korean scientists developed a solar cell that can take on multiple colors, the state-run science laboratory said Thursday, a discovery that could be used for power-generating windows. The team led by Min Byoung-koun developed the solar cell called CIGS that gives off color, which provides [...]
SEOUL, May 4 (Korea Bizwire) — South Korea and China will both be hurt economically by the fallout caused by the deployment of the advanced U.S. missile defense system on the Korean Peninsula, a local think tank said Wednesday. According to the Hyundai Research Institute (HRI), Beijing’s retaliation against Seoul’s decision to station a Terminal [...]
SEOUL, May 2 (Korea Bizwire) — Nearly 90 percent of financial firms worldwide said their businesses are at risk from rapidly expanding fintech rivals and they fear losing revenue to the financial innovators, according to a new study released on Monday, in the latest sign of the growing influence of financial technology, known as fintech. [...]
SEOUL, May 2 (Korea Bizwire) — More than seven out of 10 teenage prostitutions were found to have been conducted through online chat services, a government survey showed Monday. In a recent survey by the Ministry of Gender Equality and Family on 173 teens who have experience selling sex in the past, 74.8 percent said [...]
SEOUL, April 27 (Korea Bizwire) – As the drone market continues to grow in South Korea, an increasing number of consumers are worried about drone accidents and crashes, according to the Korea Consumer Agency (KCA). A recent survey conducted by the KCA covering 1,500 adult consumers from across the country revealed that nearly 40 percent [...]
SEOUL, April 26 (Korea Bizwire) – Soaring rental prices in the housing market in recent years are seeing upper-middle class households purchase their own homes, with the home ownership rate reaching 56.8 percent, the highest figure since records began in 2006, according to a report released yesterday by the Ministry of Land, Transport and Maritime [...]
SEOUL, Apr. 26 (Korea Bizwire) — The application of patents for social robots that can interact and communicate with humans has risen sharply in South Korea in recent years with the advances being made in robotics and artificial intelligence, government data showed Tuesday. Social robot patent applications have surged more than 20 percent annually since [...]
SEOUL, Apr. 26 (Korea Bizwire) — The age at which South Koreans think a person can be considered old has been pushed back to reflect the general aging of the population, a new poll showed Tuesday. The survey released by Hyundai Research Institute (HRI), a private think tank, showed respondents believed 67.2 should be viewed [...]