SEOUL, Nov. 1 (Korea Bizwire) – Statistics Korea released expanded results from its national census on October 30, revealing significant shifts in the country’s marriage and demographic patterns. According to the census, among 42.94 million South Korean citizens aged 18 and over, 12.68 million (29.5%) have never been married, while 24.32 million (56.6%) are married with [...]
SEOUL, Nov. 1 (Korea Bizwire) – The Hyundai Sonata, a midsize sedan that once dominated South Korea’s automotive landscape, is showing strong signs of revival with a significant surge in sales this year, potentially reclaiming its status as the nation’s signature car. According to data released by the Korea Automobile Mobility Industry Association (KAMA) and Hyundai [...]
SEOUL, Nov. 1 (Korea Bizwire) — The navies of South Korea and the United States have agreed to create a joint cooperative group on maritime science and technology, officials said Friday, amid efforts to deepen bilateral defense and technology ties. Representatives from the two sides signed an initial agreement to form the Maritime Science, Technology [...]
SEOUL, Nov. 1 (Korea Bizwire) — The merged entity of South Korean refiner SK Innovation Co. and its affiliate SK E&S Co. officially set sail Friday, becoming the largest private energy company in the Asia-Pacific region, the company said. The integrated company, named SK Innovation Co., has combined assets of 105 trillion won (US$76 billion) [...]
SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s national space agency said Friday it plans to send a solar coronagraph jointly developed with the United States to the International Space Station (ISS) to study the sun’s outer atmosphere, or corona, and solar wind. The Coronal Diagnostic Experiment (CODEX), a collaboration between the Korea AeroSpace Administration [...]
SEOUL, Nov. 1 (Korea Bizwire) — The government said Friday it will designate three cities as the nation’s first hydrogen-specialized complexes and support their growth into hydrogen industry hubs. The designation comes after the three cities — Donghae and Samcheok of Gangwon Province and Pohang of North Gyeongsang Province — passed preliminary feasibility surveys to [...]
SEOUL, Nov. 1 (Korea Bizwire) – Two South Korean technology giants have secured spots on TIME magazine’s prestigious “Best Inventions of 2024″ list, highlighting the country’s continued dominance in consumer electronics innovation. Samsung Electronics announced on October 31 that its 2024 Neo QLED 8K television and Music Frame speaker were recognized in the Consumer Electronics and [...]
JEJU, Nov. 1 (Korea Bizwire) – Jeju Island, South Korea’s popular tourist destination, is advancing an ambitious plan to transform food waste into hydrogen fuel, marking a significant step in the nation’s renewable energy initiatives. The Ministry of Environment is in discussions with Jeju provincial authorities to designate the island as the primary candidate for a [...]
SEOUL, Nov. 1 (Korea Bizwire) – In a comprehensive analysis of injury statistics released by South Korea’s Disease Control and Prevention Agency on October 31, data reveals that three-quarters of emergency room patients injured while using personal mobility devices, primarily electric scooters, were not wearing helmets at the time of their accidents. The findings were published [...]
BUSAN, Nov. 1 (Korea Bizwire) – On October 30, in Busan’s Haeundae district, 952 firefighters from across the nation converged at the Haeundae LCT The Sharp building for the third annual National Firefighters’ Stair Climb Competition. Set in South Korea’s second-tallest building, the event tested their stamina, requiring each firefighter to climb 2,372 steps from ground [...]