SEOUL, Sept. 30 (Korea Bizwire) – Assets held by South Korean households in Seoul and the surrounding metropolitan areas were some 70 percent larger than those owned by households in the non-metropolitan regions, data showed Saturday. The average per-household assets in Seoul, the western city of Incheon and the surrounding Gyeonggi Province came to 692.46 [...]
SEOUL, Sept. 29 (Korea Bizwire) – South Korea’s imports of whiskey are anticipated to set a fresh high this year as the combined amount of inbound shipments soared 40 percent on-year through August, data showed Friday. Imports of whiskey products came to 22,799 tons over the January-August period, jumping from 16,267 tons tallied in the [...]
SEOUL, Sept. 28 (Korea Bizwire) — More than half of South Koreans were opposed to allowing people to bring their pets to national cemeteries despite the country’s growing population of dog and cat owners, a poll showed Thursday. In the poll of 1,005 adults aged between 19 and 69, 54 percent said they were opposed [...]
SEOUL, Sept. 27 (Korea Bizwire) – Four out of every 10 South Koreans who live alone rent their homes and spend an average of 300,000 won per month on rent. These individuals prefer ordering food for delivery and eating ready-to-eat meals that require little preparation. According to a report titled “How Single-Person Households Spend Money Based [...]
SEOUL, Sept. 25 (Korea Bizwire) – Among apartment residents over the age of 60, close to 50 percent believe their life is more important than that of their children and grandchildren. On Sunday, Focus Media Korea, the operator of Elevator TV, unveiled the results of a survey of 229 elderly individuals over 60 residing in apartment [...]
SEOUL, Sept. 22 (Korea Bizwire) – South Korea witnessed a decline in its suicide rate and the number of suicide deaths last year compared to a year earlier but suicides among teenagers and individuals in their 40s increased. The overall decline in the suicide rate can be attributed to the return to normalcy following the termination [...]
SEOUL, Sept. 20 (Korea Bizwire) – Samsung C&T Corp. and six other South Korean companies have ranked among the world’s top 100 builders based on their 2022 sales, Deloitte Korea said Wednesday. Samsung C&T, the construction and trading arm of South Korea’s No. 1 conglomerate Samsung Group, placed 15th, down two notches from a year [...]
SEOUL, Sept. 19 (Korea Bizwire) — Direct purchases South Koreans made from overseas almost tripled over the past four years, data from the Korea Customs Service showed Tuesday. According to the data submitted to Rep. Han Byung-do of the main opposition Democratic Party, South Korean shoppers made about 96,120,000 cross-border purchases online in 2022, up [...]
SEOUL, Sept. 18 (Korea Bizwire) – A recent survey showed that about two out of three Koreans believe they are paying too much in taxes compared to the social security benefits they receive. The share of those who said they would not like to pay more taxes or social insurance fees even if welfare benefits were [...]
SEOUL, Sept. 18 (Korea Bizwire) — Newly released data indicates a concerning surge in car accidents involving drivers aged 65 and older, marking a record high in the past year. This uptick has been a persistent trend since 2017, with a brief interruption attributed to the COVID-19 pandemic in 2020. Unfortunately, this pattern has resumed since [...]