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Stalking Crimes Surge 26 Percent in Three Years Despite New Law

Stalking Crimes Surge 26 Percent in Three Years Despite New Law

SEOUL, Oct. 8 (Korea Bizwire) – Stalking crimes have increased in the past three years since the enactment of the anti-stalking law in 2021, a lawmaker said, citing government data. The number of such crimes stood at 13,283 last year, up 26 percent from 10,545 cases in 2022, according to the Office for Government Policy [...]

Baemin’s ‘Single-Bowl’ Delivery Service Surpasses 10 Million Orders as Solo Dining Trend Grows

Baemin’s ‘Single-Bowl’ Delivery Service Surpasses 10 Million Orders as Solo Dining Trend Grows

SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s leading food delivery platform Baedal Minjok (Baemin) is seeing surging demand for its “One Bowl” service, which targets the country’s rapidly expanding population of single-person households. According to the company, cumulative orders for the service — launched in April — exceeded 10 million by the first week [...]

Dollar-Based Stablecoin Holdings at Korean Exchanges More Than Double in a Year

Dollar-Based Stablecoin Holdings at Korean Exchanges More Than Double in a Year

SEOUL, Oct. 7 (Korea Bizwire) — The value of U.S. dollar–pegged stablecoins held by South Korea’s major cryptocurrency exchanges has more than doubled over the past year, underscoring the rapid expansion of digital asset trading — and prompting renewed concerns over unmonitored capital flows. According to data submitted by the Financial Supervisory Service to Rep. [...]

Middle-Aged Face Rising Isolation and “Lonely Deaths” as Policy Gaps Persist

Middle-Aged Face Rising Isolation and “Lonely Deaths” as Policy Gaps Persist

SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s middle-aged population — once considered the backbone of the nation — is increasingly dying alone, as government attention and welfare programs remain focused on the young and elderly. According to data from the National Data Office and the National Assembly Research Service, 74.8 percent of the 21,897 [...]

Drinking and Depression Rates Rise Among Seoul Residents, Report Finds

Drinking and Depression Rates Rise Among Seoul Residents, Report Finds

SEOUL, Oct. 6 (Korea Bizwire) — Drinking and depression are on the rise among Seoul residents, with women also showing an increase in smoking over the past four years, according to a new report highlighting widening gender differences in public health. The Seoul Foundation of Women and Family said in its latest study, “Health Status of [...]

Majority of South Koreans Fear Falling Behind in AI-Driven Investing, Survey Finds

Majority of South Koreans Fear Falling Behind in AI-Driven Investing, Survey Finds

SEOUL, Oct. 6 (Korea Bizwire) – Nearly 60 percent of South Koreans feel a sense of anxiety about falling behind the trend of using generative artificial intelligence (AI) models to help with investments, a survey showed Monday. According to the poll by the Korea Press Foundation on 1,000 South Koreans, 59.1 percent of respondents expressed [...]

Email Hacks Cost Korean Firms Nearly $100 Million in Trade Fraud Losses

Email Hacks Cost Korean Firms Nearly $100 Million in Trade Fraud Losses

SEOUL, Oct. 2 (Korea Bizwire) — South Korean trading companies have lost more than 130 billion won (US$96 million) to foreign exchange-related trade fraud in the past four years, underscoring persistent vulnerabilities in international transactions, according to data released by the Financial Supervisory Service (FSS) on Wednesday. Between 2021 and the first half of 2025, [...]

Child and Adolescent Suicide Rates Surge in South Korea Amid Mounting Social Pressures

Child and Adolescent Suicide Rates Surge in South Korea Amid Mounting Social Pressures

SEOUL, Oct. 2 (Korea Bizwire) — South Korea’s youth are facing mounting mental health challenges, with child and adolescent suicide rates climbing to their highest level in more than two decades, according to a government report released Wednesday. The “Child and Youth Quality of Life 2025” survey, published by the National Data Office, found that [...]

Foreign Firms in Korea Voice Concerns Over Labor Policy, Survey Shows

Foreign Firms in Korea Voice Concerns Over Labor Policy, Survey Shows

SEOUL, Oct. 2 (Korea Bizwire) — Nearly four in ten foreign companies operating in South Korea view the new government’s labor policies unfavorably, with particular concern over the recently enacted “Yellow Envelope Law,” a survey shows. According to a poll released Wednesday by the Korea Foreign Enterprises Association (KOFA), 41 percent of the 100 foreign-invested [...]

Young Koreans See Smallest Gains in Real Income Over Past Decade

Young Koreans See Smallest Gains in Real Income Over Past Decade

SEOUL, Oct. 1 (Korea Bizwire) — South Koreans in their 20s have seen the weakest real income growth of any generation over the past decade, according to a new analysis, underscoring concerns over job quality and rising living costs that continue to weigh heavily on the country’s youth. The Korea Economic Association (HanKyungHyup) reported on [...]