economic activities Archives | Be Korea-savvy
Young Korean-Chinese Participate in Economic Activities Earlier than Their Local Peers

Young Korean-Chinese Participate in Economic Activities Earlier than Their Local Peers

SEOUL, May 6 (Korea Bizwire) — 7 out of 10 young ethnic Koreans of Chinese nationality living in South Korea are engaged in economic activities, research showed Wednesday. Most of them work in the mining, manufacturing, wholesale, retail, and lodging industries, which have low employment barriers or are not popular among their Korean peers. The [...]

Economic Activities Could Start to Get Back on Track Next Month

Economic Activities Could Start to Get Back on Track Next Month

SEOUL, April 13 (Korea Bizwire) — South Korea’s economy may start to get back on the normalization track next month at the earliest, recovering from the economic fallout from the novel coronavirus, a report suggested Monday. The report from the Hana Institute of Finance said the number of new coronavirus infection cases in China peaked [...]

Nearly Half of Defectors Engage in Private Economic Activities While in N. Korea

Nearly Half of Defectors Engage in Private Economic Activities While in N. Korea

SEOUL, Feb. 13 (Korea Bizwire) — Nearly half of North Korean defectors had experience of engaging in private-sector economic activities back in the communist nation, a poll showed Thursday. According to the poll conducted by the Korean Association of North Korean Studies and Hyundai Research Institute on North Korean defectors, 48 percent said that they [...]

Stay-at-home Moms Don’t Actually Have More Children

Stay-at-home Moms Don’t Actually Have More Children

SEOUL, Jan. 28 (Korea Bizwire) — In major advanced countries, the more women engage in economic activities, the more children they have. According to a report from the Korea Association of Public Finance, based on 1990-2016 Organization for Economic Cooperation and Development (OECD) country panel data, the number of childbirths increased significantly as women’s participation [...]