SEOUL, Oct. 3 (Korea Bizwire) –The average monthly expenditure on books by households in their 20s and 30s has dropped below 10,000 won for the first time, marking a significant shift in spending habits. To put this into perspective, it’s interesting to note that the average cost of a lunch for an office worker this [...]
SEOUL, Oct. 3 (Korea Bizwire) –The market for online e-coupon services, which provide gift certificates in the form of barcodes, is experiencing rapid growth. This surge can be attributed to the sustained popularity of non-face-to-face gifting practices that emerged during and after the COVID-19 pandemic. The online shopping industry anticipates that the transaction value of [...]
SEOUL, Oct. 3 (Korea Bizwire) – While ‘social distancing’ was the dominant trend during the COVID-19 pandemic, with the pandemic now behind us, there’s a rising interest in ‘on-the-go’ items as more people embark on camping trips and road journeys. During the pandemic, the electronics industry introduced products tailored to the behavioral patterns and routines of [...]
SEOUL, Oct. 2 (Korea Bizwire) –South Korea’s appetite for Japanese beer has seen a remarkable resurgence this year, catapulting Japan back to the summit of beer-importing nations. This marks a significant turnaround since July 2019 when Japan imposed export restrictions on South Korea, causing Japanese beer to lose its top position in the South Korean [...]
SEOUL, Sept. 29 (Korea Bizwire) – South Korea’s imports of whiskey are anticipated to set a fresh high this year as the combined amount of inbound shipments soared 40 percent on-year through August, data showed Friday. Imports of whiskey products came to 22,799 tons over the January-August period, jumping from 16,267 tons tallied in the [...]
SEOUL, Sept. 27 (Korea Bizwire) – Four out of every 10 South Koreans who live alone rent their homes and spend an average of 300,000 won per month on rent. These individuals prefer ordering food for delivery and eating ready-to-eat meals that require little preparation. According to a report titled “How Single-Person Households Spend Money Based [...]
SEOUL, Sept. 27 (Korea Bizwire) – A recent survey showed that South Koreans use short-form platforms much more than streaming media services. On Tuesday, Wiseapp Retail Goods, a provider of app and retail analytical services, unveiled the results of a comparison survey on usage hours between short-form platforms and OTT services. Through a sample survey of [...]
SEOUL, Sept. 25 (Korea Bizwire) – Among apartment residents over the age of 60, close to 50 percent believe their life is more important than that of their children and grandchildren. On Sunday, Focus Media Korea, the operator of Elevator TV, unveiled the results of a survey of 229 elderly individuals over 60 residing in apartment [...]
SEOUL, Sept. 23 (Korea Bizwire) – Traveling to facilitate the relocation of adopted dogs to new homes abroad has gained significant popularity, particularly in the wake of the pandemic, when international travel has resumed. Dogs rescued from distressing places such as puppy mills and breeding farms often find themselves in foreign lands due to [...]
SEOUL, Sept. 14 (Korea Bizwire) —An examination of how much tap water people use in Seoul on a typical day indicates that individuals who live alone use the most water. These findings were made public by the Seoul Metropolitan Government on Wednesday. Researchers studied the water usage habits of 510,000 households and 1.23 million people [...]