SEOUL, Dec. 9 (Korea Bizwire) — A private theater with a maximum of four seats that recently opened in Hanam, Gyeonggi Province is gaining attention as a potential alternative to large multiplexes in the pandemic era. Local startup The VX opened up ‘Another Watching Club’, a private movie theater that consists of three viewing rooms [...]
SEOUL, Dec. 9 (Korea Bizwire) — The numbers for suicides, and traffic and crime-related deaths fell in 2020 due largely to various social distancing schemes imposed over concerns of the COVID-19 pandemic, the government said Thursday. According to the interior ministry, the combined number of deaths connected to traffic accidents, crimes and suicides stood at [...]
SEOUL, Dec. 7 (Korea Bizwire) – The number of people who said their motivation to work has weakened since the COVID-19 pandemic increased sharply, a survey showed Monday. The Woori Finance Research Institute, affiliated with major bank holding firm Woori Financial Group, classified individuals who are in the 10 to 30 percent bracket of the [...]
SEOUL, Nov. 30 (Korea Bizwire) — Employers have resorted to hiring irregular workers to minimize uncertainty in the pandemic era, a study showed Monday. The Korea Labour and Society Institute analyzed data provided by Statistics Korea to show that the number of wage workers reached 20.99 million people in August of this year, up by [...]
SEOUL, Nov. 29 (Korea Bizwire) — Nearly half of South Korean hospitality companies were unable to service their debts with earnings in 2020 in the wake of the coronavirus pandemic, a report showed Monday. The report from the Federation of Korean Industries (FKI), the lobby for South Korea’s family-controlled conglomerates, showed 45.4 percent of firms [...]
SEOUL, Nov. 24 (Korea Bizwire) — As people continue to stay indoors in the pandemic era, South Koreans have increasingly become used to so-called homewear, home cooking and going to convenience stores near home. Shinhan Card Co., a major credit card company, compared the monthly usage of cards in early 2019, prior to the pandemic [...]
SEOUL, Nov. 23 (Korea Bizwire) — Depression has spread by a factor of five due to the pandemic, a study showed Monday. A research team from Chonnam National University Hospital conducted a survey of 1,492 general participants who had not been infected with COVID-19 and 646 nurses from university hospitals. Among the general participants, 20.9 [...]
SEOUL, Nov. 10 (Korea Bizwire) — More than 8 in 10 South Koreans engaged in online consumption following the coronavirus outbreak, a consumer watchdog said Tuesday. The Korea Consumer Agency conducted a survey of 10,000 South Korean men and women over 20 years of age, 82.1 percent of whom (8,207 respondents) had engaged in online [...]
SEOUL, Nov. 9 (Korea Bizwire) — The number of travel agencies in South Korea has declined nearly 6 percent over the past two years in the wake of the coronavirus pandemic, industry data showed Tuesday. There were 21,231 tour agencies in Asia’s fourth-largest economy as of end-September, down 6.1 percent from two years earlier, according [...]
SEOUL, Nov. 7 (Korea Bizwire) — About 90 percent of firms in South Korea are undecided on their investment plans for next year amid lingering uncertainty despite the country’s move back to normalcy under the “living with COVID-19″ scheme, a poll showed Sunday. According to the poll conducted on 316 firms by the Korea Chamber [...]