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Consumer Trends for 2025 Focus on Festivals, AI and Self-Discovery, Shinhan Card Reports

Consumer Trends for 2025 Focus on Festivals, AI and Self-Discovery, Shinhan Card Reports

SEOUL, Jan. 17 (Korea Bizwire) — Shinhan Card, a major South Korean credit card company, unveiled ‘REVIVE’ as its consumer trend keyword for 2025 on January 16, based on an analysis of customer spending and social media data.  The REVIVE framework encompasses six key trends: Redefine Festivities, Exploring Identity, Virtual Companions, Integrated Contents Commerce, Value of [...]

Seoul Study Finds 1 in 10 Middle and High School Students Lack Basic Math Skills

Seoul Study Finds 1 in 10 Middle and High School Students Lack Basic Math Skills

SEOUL, Jan. 15 (Korea Bizwire) — An educational assessment in Seoul has revealed that approximately 1 in 10 second-year middle school and first-year high school students fall below the minimum standard for basic numeracy skills. The situation is particularly concerning among first-year high school students, where 41% demonstrated below-average mathematical proficiency.  The Seoul Metropolitan Office of [...]

One-Third of Small Business Owners in Korea Increased Borrowing in 2024, Survey Shows

One-Third of Small Business Owners in Korea Increased Borrowing in 2024, Survey Shows

SEOUL, Jan. 9 (Korea Bizwire) — A new survey reveals that one in three small business owners in Korea increased their borrowing in 2024, highlighting the ongoing financial challenges faced by the sector.  According to a study released on January 8 by the Korea Federation of SMEs (KBIZ), 34.9% of small business owners who hold loans [...]

Brain Region Linked to Parkinson’s Also Connected to Nicotine Withdrawal, Study Finds

Brain Region Linked to Parkinson’s Also Connected to Nicotine Withdrawal, Study Finds

SEOUL, Jan. 9 (Korea Bizwire) — Scientists have discovered that the brain region associated with movement disorders like Parkinson’s disease is also linked to physical nicotine withdrawal symptoms, potentially opening new avenues for smoking cessation treatment.  The Korea Institute of Science and Technology (KIST) announced on January 8 that researchers led by Dr. Im Heh-in have [...]

Forest Therapy Proven to Improve Mental Health of Expectant Mothers

Forest Therapy Proven to Improve Mental Health of Expectant Mothers

DAEJEON, Jan. 8 (Korea Bizwire) — A recent study has revealed that forest therapy significantly benefits the mental health of pregnant women and enhances their attachment to their unborn children. The Korea Forest Welfare Institute (KFWI), under the Korea Forest Service, announced on January 17 the results of its Healthy Birth, Happy Family initiative, launched [...]

Study Shows Wide Regional Gaps in Diabetic Care Access Across South Korea

Study Shows Wide Regional Gaps in Diabetic Care Access Across South Korea

SEOUL, Jan. 8 (Korea Bizwire) — A new study has revealed significant regional disparities in access to diabetic care across South Korea, with some Seoul districts having nearly six times better accessibility than rural areas, as the number of people with diabetes continues to rise amid an aging population.  According to research published in the recent [...]

Income Disparities Linked to Nearly 9-Year Gap in Healthy Lifespan

Income Disparities Linked to Nearly 9-Year Gap in Healthy Lifespan

SEOUL, Jan. 6 (Korea Bizwire) — A new study has found that higher income levels are strongly associated with longer, healthier lives in South Korea, with the gap in healthy life expectancy between the richest and poorest nearing nine years. The research, conducted by a team led by Professor Yoon Seok-jun of Korea University’s College [...]

Nearly Half of Workers Face Barriers to Paid Leave, Survey Finds

Nearly Half of Workers Face Barriers to Paid Leave, Survey Finds

SEOUL, Jan. 6 (Korea Bizwire) — Nearly half of South Korean workers are unable to freely use their paid annual leave, according to a survey released on January 5th by Workplace Gapjil 119, a civic group advocating for employee rights. The survey, conducted in September 2024 by Global Research, polled 1,000 workers nationwide. Only 50.1% [...]

Solo Households Now Represent One-Third of Seoul Residences, Highlighting Economic Challenges

Solo Households Now Represent One-Third of Seoul Residences, Highlighting Economic Challenges

SEOUL, Jan. 5 (Korea Bizwire) — Solo households have surged to make up over a third of all residences in the city, according to a report released by the Seoul Welfare Foundation. As of 2024, the city recorded 1.63 million single-person households, comprising 36.4% of all households, marking a significant and steady increase in recent [...]

Population Aging Accelerates Despite Slight Rebound in Birth Rates

SEOUL, Jan. 4 (Korea Bizwire) — South Korea entered 2025 as a “super-aged society,” with over 20% of its population aged 65 or older, according to data from the Ministry of the Interior and Safety. While the birth rate rebounded slightly in 2024 for the first time in nine years, the nation continues to grapple with [...]