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Elderly Hold Key to Korea’s Consumption Growth

SEOUL, Nov. 9 (Korea Bizwire) – Amid stagnant growth of local household consumption, a recent study indicated that the elderly will play an essential role in leading Korea’s future consumption. According to the report – Consumption Status of the Elderly and its Implications – compiled by the Bank of Korea’s research bureau, the contribution rate [...]

Korean Men Do Half the Chores That North European Men Do

SEOUL, Jan. 8 (Korea Bizwire) – How do Korean men fare when it comes to sharing chores with their wives? According to a report published by Statistics Korea on January 7, Korean men ranked poorly out of the 12 nationalities. The report was based on the International Social Survey Programme (ISSP). The report deals with 6 main [...]