Korea Bizwire, Author at Be Korea-savvy | Page 344 of 1062
A Royal Shrine Comes Home: Century-Old Joseon-Era Structure Returns to Korea from Japan

A Royal Shrine Comes Home: Century-Old Joseon-Era Structure Returns to Korea from Japan

SEOUL, June 24 (Korea Bizwire) — Nearly a century after it was taken to Japan, a wooden building believed to be a royal shrine from the Joseon Dynasty has returned to its homeland—marking an unprecedented moment in Korea’s effort to reclaim its cultural heritage. The Korea Heritage Service (KHS) and the Overseas Korean Cultural Heritage [...]

South Korea Loosens Rules on Name Length for Children of Multicultural Families

South Korea Loosens Rules on Name Length for Children of Multicultural Families

SEOUL, June 24 (Korea Bizwire) — In a quiet but meaningful shift reflecting South Korea’s evolving social fabric, the Supreme Court announced Tuesday that a Korean national and their foreign spouse can now register their child’s birth using names of any length—ending a long-standing restriction that effectively barred lengthy names from appearing in official records. [...]

Polish Air Force Chief Visits South Korea to Bolster Defense Ties, Eyes KF-21 Fighter Jet

Polish Air Force Chief Visits South Korea to Bolster Defense Ties, Eyes KF-21 Fighter Jet

  SEOUL, June 24 (Korea Bizwire) — The commander of Poland’s Air Force, General Ireneusz Nowak, is visiting South Korea this week to deepen defense cooperation and evaluate the country’s next-generation KF-21 Boramae supersonic fighter jet. General Nowak met with South Korean Air Force Chief of Staff Lee Young-soo on Tuesday at the Air Force headquarters [...]

Retailers Embrace ‘Reverse Pricing’ as High Inflation Shifts Consumer Priorities

Retailers Embrace ‘Reverse Pricing’ as High Inflation Shifts Consumer Priorities

SEOUL, June 24 (Korea Bizwire) –  As inflation continues to weigh heavily on South Korean households, major retailers are adopting a “reverse pricing” strategy—setting a target sale price first and working backward to meet it—reshaping how goods are planned, priced, and sold. Rather than determining prices based on production costs and margins, companies like E-Mart, [...]

Over 30% of New Mothers of Twins Suffer from Severe Depression, Survey Finds

Over 30% of New Mothers of Twins Suffer from Severe Depression, Survey Finds

Over 30% of New Mothers of Twins in South Korea Suffer from Severe Depression, Survey Finds SEOUL, June 24 (Korea Bizwire) – A new survey reveals that more than 30 percent of South Korean mothers within 12 weeks of delivering twins are experiencing severe postpartum depression, underscoring the urgent need for greater mental health support for [...]

South Korea Eyes Timber Construction as Key to Carbon-Neutral Housing

South Korea Eyes Timber Construction as Key to Carbon-Neutral Housing

SEOUL, June 24 (Korea Bizwire) — As South Korea moves to tighten emissions standards for new buildings, including private apartments starting later this month, policymakers are looking to timber-based construction as a viable path toward carbon neutrality in the housing sector. A new report from the Korea Land and Housing Corporation (LH) underscores the urgency [...]

Low Birthrate Pushes Up Childcare Prices, Reshaping Small Business Sector

Low Birthrate Pushes Up Childcare Prices, Reshaping Small Business Sector

SEOUL, June 24 (Korea Bizwire) — As South Korea grapples with a persistently low birthrate under President Lee Jae-myung’s administration, a new report highlights how the demographic shift is reshaping the nation’s small business ecosystem, prompting price hikes and deepening inequality among local service providers. According to a study released Monday by Hana Financial Group’s [...]

ACI, Council of State refers decision on commissioner appointment back to TAR for full review

ACI, Council of State refers decision on commissioner appointment back to TAR for full review

MILAN, June 23, 2025 (Korea Bizwire) – With ordinance no. 2254/2025, published on 20 June, the Third Chamber of the Italian Council of State ruled on the precautionary appeal filed by engineer Angelo Sticchi Damiani, challenging the decision issued on 21 February 2025 by the Prime Minister’s Office. That decision, pursuant to Article 65, paragraph [...]

At 1,000 Days in Office, Korea’s Top Buddhist Leader Charts a Digital Future for an Aging Faith

At 1,000 Days in Office, Korea’s Top Buddhist Leader Charts a Digital Future for an Aging Faith

SEOUL, June 23 (Korea Bizwire) — With the rhythmic crack of a jukbi (bamboo clapper) echoing through Jogyesa Temple in central Seoul, more than 400 monks and lay followers bowed in unison—once, twice, continuing until they completed 108 prostrations. The ritual, representing the 108 earthly afflictions in Buddhist teachings, marked a deeply symbolic milestone: the 1,000th [...]

Wealth, Marriage, and Zip Code Shape Retirement Outlook for Koreans in Their 30s to 60s

Wealth, Marriage, and Zip Code Shape Retirement Outlook for Koreans in Their 30s to 60s

SEOUL, June 23 (Korea Bizwire) — South Koreans in their 30s to 60s scored an average of 69.9 out of 100 in overall retirement preparedness, reflecting modest improvement over the past five years but revealing persistent disparities across income levels, marital status, and geographic regions. According to a new government-commissioned report released by the Korea [...]