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Youth Gambling Addiction Sharply Increases During Pandemic

Youth Gambling Addiction Sharply Increases During Pandemic

SEOUL, June 16 (Korea Bizwire) – The number of adolescents treated for gambling addiction spiked last year as they spent more time at home due to the coronavirus pandemic, data showed Thursday. Rep. Kim Do-eup of the ruling People Power Party released the statistics from the state-run Health Insurance Review and Assessment Service that showed [...]

Local Businesses’ Q1 Sales Continue to Rise but at Slower Pace amid Uncertainly

Local Businesses’ Q1 Sales Continue to Rise but at Slower Pace amid Uncertainly

SEOUL, June 16 (Korea Bizwire) – Local businesses saw their first-quarter sales continue to rise but at a slower pace than three months earlier amid growing economic uncertainty at home and abroad, central bank data showed Thursday. A total of 20,120 corporations subject to external audits posted a 17 percent rise in their combined sales [...]

S. Korea’s Job Growth Extended for 15th Month in May

S. Korea’s Job Growth Extended for 15th Month in May

SEOUL, June 15 (Korea Bizwire) — South Korea reported job additions for the 15th consecutive month in May as economic recovery momentum has been extended despite heightened global uncertainty, data showed Wednesday. The number of employed people came to 28.49 million last month, up 935,000 from a year earlier, according to the data compiled by [...]

Foreigners’ Net Stock Selling Continues for 4th Month in May

Foreigners’ Net Stock Selling Continues for 4th Month in May

SEOUL, June 9 (Korea Bizwire) — Foreigners withdrew more money than they injected into South Korea’s stock markets for the fourth straight month in May amid worries over economic slowdowns in major countries and the fallout from the ongoing war in Ukraine, central bank data showed Thursday. Net foreign money outflows from the main bourse, [...]

7 in 10 Big Firms Allow Remote Work Despite Eased Pandemic Curbs: Poll

7 in 10 Big Firms Allow Remote Work Despite Eased Pandemic Curbs: Poll

SEOUL, June 8 (Korea Bizwire) — More than 7 in 10 large South Korean companies are allowing their employees to work from home even after the government removed most anti-coronavirus curbs over a month ago, a poll showed Wednesday. The survey of the country’s leading 100 firms by sales, taken by the Korea Enterprises Federation [...]