SEOUL, Nov. 20 (Korea Bizwire) – One in five married women with children experienced career interruptions this year, government data showed Thursday, marking the lowest level largely due to change in social perception and improved work–life balance policies. The number of married women aged 15 to 54 living with children under the age of 18 [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers say the country’s labor market is fundamentally unequal, reflecting long-standing structural divides between large conglomerates and smaller firms, according to new research presented at a major labor conference in Seoul on Tuesday. The survey, released at the 30th-anniversary forum of the Federation [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers in their 20s and 30s say the country should extend the legal retirement age, reflecting deepening economic anxieties and concerns about old-age security, according to a new survey released Wednesday. The poll, conducted by Remember & Company, which operates the professional networking [...]
SEOUL, Nov. 18 (Korea Bizwire) – The amount of so-called club drugs seized in South Korea has increased more than sevenfold over the past five years, customs authorities said Tuesday. A total of 115.9 kilograms of illegal substances, such as marijuana and ketamine, that are commonly used in nightclubs and other entertainment venues were confiscated [...]
SEOUL, Nov. 17 (Korea Bizwire) — Many South Korean fathers envision themselves as warm, engaged, “friend-like” parents before having children. But once parenting begins, most find themselves becoming something very different: busy, tired, and time-starved. A new survey released Sunday by the Korea Population, Health and Welfare Association, KoPHWA) shows a wide gap between the fathers [...]
SEOUL, Nov. 16 (Korea Bizwire) – Sales of mini cars by South Korea’s five automakers are expected to remain below 100,000 units for a second consecutive year in 2025, industry data showed Sunday, amid a lack of new models and shifting consumer preferences. From January to October, the five carmakers — Hyundai Motor Co., Kia [...]
SEOUL, Nov. 16 (Korea Bizwire) – Applications for vouchers provided to pregnant women increased 8.1 percent from a year earlier in the first nine months of this year, data showed Sunday, in a possible sign of a continued rebound in the number of newborns in a country facing one of the world’s lowest birth rates. [...]
SEOUL, Nov. 16 (Korea Bizwire) – Police have apprehended over 3,000 suspects in connection with online sex crimes over the past year, with nearly half of them in their teens, officials said Sunday. The National Police Agency (NPA) has detected 3,411 online sexual abuse cases between November 2024 and October this year, effectively detaining 3,557 [...]
SEJONG, Nov. 14 (Korea Bizwire) — South Korea’s housing wealth gap continued to widen last year as expensive homes climbed further in value while lower-priced properties lost ground, according to new government data released Friday. The National Data Office said the price difference between the top 10 percent and bottom 10 percent of homes ballooned to [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s venture investment market showed clear signs of recovery this year, with both venture investments and fund formation rising by double digits through the third quarter, government data showed Thursday. According to the Ministry of SMEs and Startups, total venture investment reached 9.8 trillion won (US$7.1 billion) between January [...]