SEOUL, Dec. 20 (Korea Bizwire) – South Korea’s Statistical Office released its 2024 Social Trends report on December 19, revealing significant insights into the potential impact of artificial intelligence (AI) on jobs, rising obesity rates, and shifting societal behaviors. AI and Job Displacement AI technologies like ChatGPT could replace 2.7 million jobs, nearly 10% of [...]
SEOUL, Nov. 28 (Korea Bizwire) – In a significant shift in tobacco policy, South Korea’s Ministry of Finance has indicated support for regulating synthetic nicotine products under the country’s Tobacco Business Act, following new research that challenges claims about their safety. A comprehensive study commissioned by the Ministry of Health and Welfare has found that synthetic [...]
HANOI, Nov. 28 (Korea Bizwire) – At the E-commerce Connection and Development Forum (ECCDF2024) held at the Hanoi Museum on November 26, Korean companies showcased their strategies to capture the Vietnamese market through products that offer both value for money and emotional satisfaction. Lim Young-ho, director of Skineralism, a cosmetics and food manufacturing company, revealed plans [...]
SEOUL, Oct. 11 (Korea Bizwire) – A surge in the misuse of growth hormone injections, often mischaracterized as “height-increasing shots,” has led to a sharp increase in adverse effects, prompting calls for urgent measures to curb their overuse, according to a report released by a South Korean lawmaker on October 10. Representative Jeon Jin-sook of the [...]
SEOUL, Sept. 30 (Korea Bizwire) – A recent study has revealed that an overwhelming majority of South Koreans are preoccupied with their health, with 7 out of 10 individuals expressing concern about their physical well-being and a staggering 9 out of 10 regularly consuming health supplements. These findings come from the “2024 Korea Wellness Report,” released [...]
ASAN, Sept. 25 (Korea Bizwire) – Soonchunhyang University has announced a new initiative to provide students with a hearty breakfast for a mere 100 won, starting from the fall semester. The program, revealed on September 24, aims to ensure students begin their day with a nutritious meal. This move comes on the heels of a broader [...]
SEOUL, Aug. 13 (Korea Bizwire) – The Ministry of Health and Welfare announced on August 12 that starting next year, South Koreans will have unprecedented access to their medical records from all tertiary hospitals across the country through a government-operated platform called the Health Information Highway. This digital initiative aims to consolidate dispersed medical data from [...]
SEOUL, Jul. 30 (Korea Bizwire) – A recent analysis by World Vision, an international aid and development organization, has shed light on the primary concerns of children in South Korea. The study, released on July 29, found that issues related to cognitive and emotional well-being, including low self-esteem, are at the forefront of children’s worries. The [...]
SEOUL, Apr. 9 (Korea Bizwire) – In 2021, South Koreans bore an average of 960,000 won in annual out-of-pocket healthcare expenses, a significant figure that highlights the personal financial impact of accessing medical services. This data was unveiled in the “2021 Korea Health Panel Basic Analysis Report (II)” jointly released by the National Health Insurance Service [...]
SEOUL, Apr. 8 (Korea Bizwire) – As South Korea’s economy continues its transition toward a service-based model, a handful of industries like finance, health care and real estate have emerged as consistent drivers of expansion over the past decade, government data has revealed. Statistics Korea reported on April 5 that the nation’s service sector output increased [...]