Home prices drive Seoulites out of town Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
The decline in the number of newborns has continued accelerating, putting a greater burden on the demographic cliff the country faces. The number of children born between January and November last year stood at 213,572, an 8.1 percent drop from the previous year for the same period, according to the Korean Statistical Information Service on Sunday. This is the lowest number of children the stats agency has ever recor.
Beer prices at restaurants saw the steepest price hikes last year since the 1998 financial crisis, according to the Korean Statistical Information Service on Tuesday. The consumer price index for beer products at restaurants increased to 114.66 points last year, up 6.9 percent from a year ago. The growth rate was the highest since the 1998 financial crisis when the CPI for beer soared by 9.7 percent. In the meantime,.
More people work at large companies in South Korea, with the number of people employed by conglomerates reaching a record high last year. According to recent data from the Korean Statistical Information Service, the number of people working at companies with over 300 employees reached an all-time high of 3,087,000 last year. This is the first time that the figure reached the 3 million milestone since the statistics a.
Parents Struggle with Childcare Amid Lack of Flexible Work Options and High Cost of Nannies koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.