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Archive by category Statistics

Korean Companies Lag in Awareness and Preparedness for ‘Greenwashing’ Regulations

SEOUL, Sept. 9 (Korea Bizwire) – With the European Union preparing to enforce stricter eco-friendly labeling guidelines starting next September, a recent survey has revealed that South Korean companies are significantly underprepared for the global crackdown on “greenwashing.” Greenwashing, a portmanteau of “green” and “whitewashing,” refers to the deceptive practice of marketing products or corporate activities [...]

BMW Retains Lead in Imported Car Market as Mercedes-Benz Struggles Amid EV Fire Incident

SEOUL, Sept. 6 (Korea Bizwire) – BMW Korea is maintaining a lead in South Korea’s imported vehicle market so far this year, industry data showed Friday, as main rival Mercedes-Benz Korea is faced with a brand reputation setback after a massive fire that broke out from one of its electric vehicles. According to the Korea [...]

Korea Consumer Agency Study Finds Sports Bras Reduce Breast Movement by Up to 20%

SEOUL, Sept. 6 (Korea Bizwire) – A recent study by the Korea Consumer Agency has found that wearing a sports bra during exercise can reduce breast movement by 13 to 20 percent, potentially improving workout efficiency and preventing breast pain and injury. However, the agency notes that support and comfort levels vary significantly between products, emphasizing [...]

Huge Price Gaps Persist in South Korean Healthcare, Study Finds

SEOUL, Sept. 6 (Korea Bizwire) – A recent government study has revealed startling disparities in the cost of medical procedures across South Korea, with some treatments varying in price by as much as 23 times between different healthcare providers. The Ministry of Health and Welfare and the Health Insurance Review and Assessment Service (HIRA) announced on [...]

Nearly Half of South Koreans Aged 20-49 Reluctant to Have Children, Survey Finds

SEOUL, Sept. 2 (Korea Bizwire) — A recent survey has revealed that nearly 43% of South Koreans aged 20 to 49 have no intention of having children, highlighting the persistent demographic challenges facing the country. However, the study also suggests that expanded government policies and corporate support could sway a significant portion of this group to [...]

Dark Web Software Usage More Than Doubles This Year

SEOUL, Aug. 30 (Korea Bizwire) – The number of South Koreans using an anonymity software capable of providing access to the dark web anonymously has more than doubled this year, data showed Friday, as the nation has vowed to tackle deepfake sex crimes. The software, known as Tor, had a daily average of 43,757 South [...]

Despite Growing Recognition, AI Adoption in South Korean Businesses Remains Limited

SEOUL, Aug. 28 (Korea Bizwire) – As deepfake-related crimes capture headlines and artificial intelligence continues its rapid incursion into daily life, the call for robust AI ethics education is growing louder. Yet, in the corporate world, the actual adoption of AI technology remains surprisingly modest. A recent survey by the Korea Chamber of Commerce and [...]

Record Surge in Out-of-Wedlock Births Marks a Cultural Shift in South Korea

SEOUL, Aug. 28 (Korea Bizwire) – South Korea’s total births fell to a fresh low in 2023, while the proportion of babies born to mothers who were unmarried reached an all-time high, data showed Wednesday. A total of 230,000 babies were born last year, down 7.7 percent from a year earlier, according to the data [...]

South Korean Gen Z Workers Lead in AI Adoption, Study Finds

SEOUL, Aug. 28 (Korea Bizwire) – A recent survey has revealed that 8 out of 10 South Korean Generation Z workers (ages 18-27) turn to artificial intelligence (AI) first when facing challenges at work, a rate significantly higher than their counterparts in Western countries. Samsung Electronics recently released a report examining the perspectives of Gen Z [...]

Half of South Koreans Suffer from Long-Term Embitterment, Study Finds

SEOUL, Aug. 27 (Korea Bizwire) – Nearly half of South Korea’s population is experiencing prolonged feelings of embitterment, according to a recent study. The research, conducted by a team led by professor Yoo Myung-soon at Seoul National University’s Graduate School of Public Health, reveals that 1 in 10 South Koreans is grappling with severe levels of [...]