SEOUL, June 15 (Korea Bizwire) — The number of drug offenders in South Korea surpassed the 20,000 mark for the second consecutive year in 2024, with people in their 20s and 30s accounting for over 60 percent of the total, data showed Sunday. Last year, a total of 23,022 people were apprehended for drug-related offenses, [...]
SEOUL, June 15 (Korea Bizwire) — South Korea’s household debts stood at nearly 1.7 times their disposable income, data showed Sunday, with the pressure for loan repayment driving down consumer spending, potentially triggering an economic recession. The debt-to-income ratio for South Korean households and nonprofit organizations came to 174.7 percent as of end-2024, according to [...]
NEW YORK, June 14, 2025 (Korea Bizwire) – Monitor brand KOORUI proudly presents the 34E6UC, a 34-inch ultra-wide curved display designed to elevate both productivity and entertainment. A 34-inch ultra-wide WQHD curved monitor designed to meet the growing demand for hybrid work tools and immersive digital experiences. As remote work and home entertainment become popular trends, consumers are seeking display solutions that [...]
SEOUL, June 15 (Korea Bizwire) — South Korea’s exports to the Association of Southeast Asian Nations (ASEAN) countries are on the rise, helping offset recent drops in shipments to the United States and China amid a global trade war sparked partly by the U.S.’ evolving tariff policies, data showed Sunday. Outbound shipments to the ASEAN [...]
SEOUL, June 15 (Korea Bizwire) — In a bid to counter South Korea’s declining birthrate, the government and major transit operators are rolling out a series of expanded transportation benefits aimed at easing the burden on families with multiple children. Recent additions include priority departure services at major airports, discounted high-speed rail fares, and enhanced fare [...]
SEOUL, June 15 (Korea Bizwire) — For many South Korean households, the rising cost of everyday groceries is no longer just an inconvenience—it’s a growing burden. From fresh eggs to packaged snacks, the price tags lining supermarket shelves are fueling consumer frustration and prompting government action. According to data released Sunday, South Korea ranked as [...]
SEOUL, June 15 (Korea Bizwire) — As summer temperatures begin to climb, South Korea’s major retailers are seeing a sharp uptick in sales of sliced and mini watermelons, reflecting a growing consumer preference for convenience and smaller servings—especially among the nation’s increasing number of one- and two-person households. Traditionally seen as a “the bigger, the [...]
SEOUL, June 14 (Korea Bizwire) — A group of South Korean parents of LGBTQ children gathered in central Seoul on Saturday, offering free hugs and messages of unconditional love at the annual Seoul Queer Culture Festival — a gesture both symbolic and deeply personal in a society still struggling with LGBTQ acceptance. Under banners reading “Son, [...]
SEOUL, June 14 (Korea Bizwire) — Once a symbol of status and a booming lifestyle trend during the pandemic, golf in South Korea is now facing a quieter season. The latest figures show that the country’s imports of golf equipment plunged over 23 percent last year, falling to approximately 756.6 billion won (US$557.7 million) — a [...]
JEJU, June 14 (Korea Bizwire) — Jeju Island has begun harvesting its signature seasonal delicacy — chotang sweet corn — a favorite summer treat prized for its juicy crunch and natural sweetness. According to the Jeju Agricultural Research and Extension Services, harvesting started in late May with greenhouse-grown crops and has now expanded to open-field tunnel-grown [...]