SEOUL, Aug. 31 (Korea Bizwire) — Close to 6 in 10 South Koreans believe the current COVID-19 situation to be serious, a poll showed Tuesday. A research team from Seoul National University Graduate School of Public Health conducted a nationwide survey of 1,000 South Koreans men and women over 18 years of age, 59.2 percent [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korean airlines have seen a shrinking number of employees since the COVID-19 pandemic, many of whom left their jobs after struggling with long-term leave. Korean Air Lines Co., South Korea’s national flag carrier, had 17,555 employees on its payroll as of earlier this year, down by 430 people [...]
SEOUL, Aug. 15 (Korea Bizwire) — The coronavirus pandemic, which has roiled markets since 2020, may be hurting the finances of South Korea’s state pension fund, a report said Sunday. The National Pension Research Institute reported that the number of marriages dropped to 214,000 in 2020, down 10.7 percent from 2019. In 2021, there were [...]
SEOUL, Aug. 11 (Korea Bizwire) — While South Koreans are now less exposed to the risk of depression and anxiety following the end of social distancing measures, those who are considering suicide has gone up proportionally since the pre-COVID era. The Ministry of Health and Welfare conducted a nationwide survey of 2,063 adults in June, [...]
SEOUL, Aug. 8 (Korea Bizwire) — While the COVID-19 pandemic has pulled down the level of happiness and overall life satisfaction among the public, the sense of solidarity has strengthened, a report said Sunday. The Korea Institute for Health and Social Affairs conducted a survey of 3,923 men and women between the ages of 19 [...]
SEOUL, Aug. 7 (Korea Bizwire) — About one out of eight mid-aged people in South Korea has borrowed money due to economic challenges caused by the coronavirus pandemic, a survey showed Sunday. According to the survey of 3,923 people by the Korea Institute for Health and Social Affairs, 12.5 percent of people in their 40s [...]
SEOUL, July 24 (Korea Bizwire) — More than 1 out of 10 workers have experienced layoffs since the onset of the COVID-19 pandemic, with the rate of those who lost jobs reaching nearly 30 percent among non-regular workers, a poll showed Sunday. The survey of 1,000 employees — 600 regular workers and 400 temporary workers [...]
SEOUL, July 20 (Korea Bizwire) — Independent and art film-only theaters have been losing ground as the protracted novel coronavirus pandemic pushes multiplex operators to tighten their belt. CJ CGV, South Korea’s largest multiplex chain, said earlier it will close Myeongdong Station Cine Library, located in downtown Seoul, next month, citing financial issues. “Due to [...]
SEJONG, June 28 (Korea Bizwire) — The accommodation and restaurant sector in South Korea reported the biggest fall in operating profit margins in 2020 compared with 2015 due to the COVID-19 pandemic, data showed Tuesday. The ratio of operating profit against sales for the lodging and eatery industry came to 5.2 percent in 2020, down [...]
SEOUL, June 27 (Korea Bizwire) — Ever since the pandemic has changed how we work, more than half of all workers believe that it has increased productivity. Accounting firm EY Hanyoung conducted a survey of 17,000 individuals including the management staff and employees from some 1,500 companies in 22 countries, in which 64 percent of [...]