SEOUL, July 9 (Korea Bizwire) – South Korea’s younger generations are increasingly forgoing car ownership, with new data showing that new vehicle registrations among people in their 20s and 30s have dropped to their lowest levels in a decade. In contrast, older consumers — particularly those in their 60s and 70s — are driving a [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Koreans’ view on the main factors contributing to social success and happy life turned out to be divided by generation, a state-run think tank said Monday. The Korea Development Institute (KDI) recently conducted a public survey of 1,000 respondents consisting of 500 people in their 30s and another [...]
SEOUL, Sept. 6 (Korea Bizwire) — A new study has revealed that 5 out of 10 South Korean senior citizens say they have difficulty communicating with those belonging to younger demographic groups. Of adults middle-aged and younger, 90 percent stated that they could not communicate with the elderly. The results of the study, which was [...]