SEOUL, Dec. 26 (Korea Bizwire) — Amid the controversy over the revision of the minimum wage act, which includes a weekday off, South Korean companies are facing a complicated wage system. At the same time, South Korean companies have shown greater flexibility with wage increases than in Japan, meaning wages will naturally increase as service [...]
SEOUL, KOREA, Dec. 3 (Korea Bizwire) - South Korea’s trade growth remains relatively steady and upbeat despite its growth index declining by five points from the previous quarter, according to data from the DHL Global Trade Barometer released by DHL, the world’s leading logistics company. The country’s overall index for the three-month forecast period ending in January [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Koreans’ health has deteriorated over the years as they suffer more from chronic conditions, bad habits and aging, a report from a team of economic professors said Monday. According to the team from Seoul National University, people’s health index, measured on a scale of zero to one, was [...]
SEOUL, Nov. 30 (Korea Bizwire) — According to recent data released by the Korea Golf Association, there are 6.36 million golfers in South Korea. Considering that 8.4 million people attended professional baseball games last year, the number of golf players in South Korea is extraordinary. One Japanese golf magazine reported on Korea’s passion for golf [...]
SEATTLE, WASHINGTON, Nov. 20 (Korea Bizwire) – (NASDAQ:AMZN) – Between shopping for gifts, preparing your home for guests, finding the perfect outfit, and prepping holiday meals, many people don’t have the time to enjoy the holidays. In fact, according to a recent survey commissioned by Amazon and conducted online by The Harris Poll, nearly four [...]
SEOUL, Oct. 29 (Korea Bizwire) — A number of industries that propelled South Korea to its economic “miracle” are now headed downhill. The China-U.S. trade war, rising interest rates in the U.S., lowered labor productivity and other hurdles have large Korean corporations stuck in a “tunnel of uncertainty” in which companies are unable to accurately [...]
SEOUL, KOREA, Jul. 4 (Korea Bizwire) — South Korea’s trade growth has been predicted to surge with a significant increase by 5 points, according to data from the DHL Global Trade Barometer released by DHL, the world’s leading logistics company. The country’s overall index has increased to 74 points, from 69 points in the last [...]
SEOUL, Jun. 8 (Korea Bizwire) — A new study has found that South Koreans now consume bread every four days. Due to changes in eating habits, the baking industry saw an increase of nearly 50 percent in sales over a four-year period. According to a joint study conducted by the Ministry of Agriculture, Food and [...]
SEOUL, May 23 (Korea Bizwire) -- South Koreans who perceive North Korea as a partner for cooperation and favor the reunification of the two countries have increased significantly this year, according to a survey released on Wednesday. The poll of 1,002 adults nationwide conducted by the state-run Korea Institute for National Unification (KINU) from April [...]
SEOUL, SOUTH KOREA, Apr. 13 (Korea Bizwire) - The Asia Pacific region’s booming economy looks set to power global trade growth in the coming quarter, according to data from the DHL Global Trade Barometer released by DHL, the world’s leading logistics company. The DHL Global Trade Barometer, an early indicator of global trade developments calculated using Artificial [...]