SEJONG, Nov. 16 (Korea Bizwire) – The number of multicultural marriages, a marital union between a South Korean national and a foreigner, continued to decrease last year from a year earlier, government data showed Wednesday. Multicultural marriages fell 7.9 percent on-year to 22,462 in 2015, accounting for 7.4 percent of the country’s total of 303,000 [...]
SEJONG, Nov. 15 (Korea Bizwire) – Only slightly more than a half of South Korean people think that marriage is necessary in their lives as the country is facing a trend of late marriages and low birth rates, a poll showed Tuesday. The survey on 38,600 people over 13 years old conducted by Statistics Korea, [...]
SEOUL, Nov. 14 (Korea Bizwire) – A recent study has shown that permanent employees with higher wages have a higher chance of marriage in Korean society, indicating that the country’s unstable job market with a high percentage of temporary positions (22.4 percent, 2013) is contributing to a low marriage rate and declining birthrate. According to [...]
BUSAN, Oct. 14 (Korea Bizwire) – May is no longer the most favorable month for weddings Korea, recent data shows. Instead, fall has become the most popular season for those tying the knot. Based on Lotte Department Store’s “Wedding Members” data, October saw the highest percentage of weddings at 19 percent in 2015, followed by [...]
SEOUL, July 12 (Korea Bizwire) – Majority of yet-to-marry men and women are against virtually all traditionally accepted notions about marriage, from financial arrangements to having children and divorcing, according to a survey released on Tuesday. Seventy-nine percent of the men and 72.3 percent of the women disagreed with the conventional idea that men finance [...]
SEOUL, July 4 (Korea Bizwire) – Wedding ceremonies are considered to be some of the biggest family events for Koreans. In fact, weddings are so important that a recent study conducted by wedding consulting firm Duo Wed showed that an average of 82,460,000 won ($72,000) is spent for a wedding ceremony in Korea. But there [...]
SEOUL, June 21 (Korea Bizwire) – The average ages of both South Korean men and women at the time of their first marriages have reached record highs, a market report said Tuesday, suggesting economic issues as a possible reason. According to the report from local matchmaking firm Duo, the average age of men who met [...]
SEOUL, June 17 (Korea Bizwire) – South Korea’s salaried workers spent less on congratulatory and condolence money for weddings and funerals in the first quarter as they felt the pinch amid an extended economic slowdown, government data showed Friday. In the three months ended March 31, people spent an average of 250,127 won (US$214) to [...]
SEOUL, May 12 (Korea Bizwire) – South Korean parents have spent more than half of their retirement savings in the past five years to foot the bill for the cost of their children’s weddings, a private think tank said Thursday. Samsung Life Retirement Research Center recently conducted a survey on 868 parents to find how [...]
SEOUL, Nov. 20 (Korea Bizwire) – Singer Rain and actress Kim Tae-hee on Friday denied rumors they are marrying in December. A local magazine reported earlier Friday the couple will tie the knot on Christmas Eve in a private ceremony. “How do they know about a wedding they themselves don’t know about,” R.A.I.N. Company said [...]