SEOUL, Aug. 26 (Korea Bizwire) — The soaring cost of sanitary pads, a necessity for nearly all women, has become a flashpoint in South Korea, where inflation is squeezing household budgets and driving consumers to seek cheaper alternatives abroad. Major brands such as Bodyfit and Good Feel raised prices by 100 to 900 won (about [...]
SEOUL, Jun. 26 (Korea Bizwire) – A recent survey has revealed that 4 out of 10 South Koreans cite cost as the primary reason for hesitating to get dental implants, with most respondents considering 500,000 to 600,000 won per implant as a reasonable price. The Korean Association of Medical Journalists (KAMJ) conducted the survey from May [...]
SEOUL, Oct. 12 (Korea Bizwire) – The cost of English kindergartens is rising rapidly in South Korea. According to data from the Ministry of Education, the average monthly fee for these programs increased to 1.29 million won this year (as of June), up from 1.07 million won in 2021 and 1.14 million won in 2022. By [...]
SEOUL, May 17 (Korea Bizwire) — The social losses caused by alcohol consumption, cigarette smoking and obesity have reached nearly 42 trillion won (US$32.9 billion), a study showed Monday. The National Health Insurance Service estimated that socioeconomic costs caused by health risks posed by drinking, smoking and obesity reached 41.8 trillion won as of 2019, [...]
SEOUL, Feb. 21 (Korea Bizwire) — The price of popular dishes rose about 8 percent over a one-year period, the Korea Consumer Agency said Thursday. Posted on the agency’s price information site, the list of eight dishes measured between January of last and this year showed price increases for seven. “Gimbap,” a rice roll with [...]
SEOUL, Dec. 23 (Korea Bizwire) — The average total costs of generating solar energy in South Korea will go down below 100 won (US$0.1) per 1 kilowatt hour five years later, a parliamentary report said Sunday. According to the report, the levelized cost of energy (LCOE) of solar power will decline to below 100 won [...]
SEOUL, Sept. 14 (Korea Bizwire) – Starting next month, patients getting magnetic resonance imaging (MRI) scans of their brains will be paying just one-fourth what others have been paying until now. The Ministry of Health and Welfare revealed yesterday that the ministerial committee that has the final say in implementing health policies had reviewed the [...]