SEOUL, Dec. 27 (Korea Bizwire) — The number of franchise outlets in South Korea rose more than 9 percent in 2020 despite the coronavirus pandemic, but their sales dropped for the first time since 2013, data showed Monday. Franchise stores numbered 235,709 as of end-December last year, up 9.5 percent from a year earlier, according [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korean film distribution companies went through hard times this year as the local cinema industry has been still suffering from a sharp drop in attendance amid the COVID-19 pandemic. A combined 18 films, including “A Year-End Medley” slated for Wednesday next week, has been distributed in 2021 by [...]
SEOUL, Dec. 17 (Korea Bizwire) — As the COVID-19 pandemic continues to drag on, many children, teenagers and young adults in South Korea are struggling with a sense of depression and despair. The National Youth Policy Institute conducted a survey of 4,347 people between the ages of 9 and 24 (excluding high school seniors), 22 [...]
SEOUL, Dec. 17 (Korea Bizwire) — The number of newly established companies rose to a record high last year, but in-person service segments reported a sharp fall in new businesses due to the pandemic, data showed Friday. Last year, the number of newly created firms reached a record 1.06 million, up 62,000, or 6.2 percent, [...]
SEOUL, Dec. 15 (Korea Bizwire) — Two years into the pandemic era, protective masks have become so deeply rooted in everyday life that, for many, not wearing one feels uncomfortable. An increasing number of students at a local middle school are opting to skip lunch as they try to stay away from eating together in [...]
SEOUL, Dec. 10 (Korea Bizwire) — Caregivers have been excluded from proper support and protection despite an extreme workload during the pandemic era, a survey showed Thursday. The Korean Confederation of Trade Unions conducted a nationwide survey of 273 caregivers in which 84 percent of all caregivers working at sanatoria and other facilities have suffered [...]
SEOUL, Dec. 10 (Korea Bizwire) — Young South Koreans suffered more severe employment shock than older people during the pandemic and fresh college and high school graduates faced greater difficulty in finding jobs, a report showed Friday. The employment rate for Koreans aged 15-34 reached 50.5 percent in January, down from 52.8 percent a year [...]
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 [...]