SEOUL, Sept. 11 (Korea Bizwire) – A recent study has revealed a 30 percent surge in underage individuals earning income as landlords over the past five years. In 2021, a total of 3,136 underage landlords collectively generated 54.8 billion won in rental income, averaging 17.48 million won per person annually. This escalating trend of underage [...]
SEOUL, Sept.11 (Korea Bizwire) — In South Korea, a country unfortunately known for having the highest suicide rate within the OECD, the term “psychological autopsy” has recently gained prominence. A psychological autopsy is an investigative approach that analyzes the statements and records left behind by individuals who have taken their own lives. Its purpose is [...]
SEOUL, Sept.11(Korea Bizwire) – German automakers continue to maintain their stronghold in the South Korean import car market, and this dominance extends to the realm of electric vehicle (EV) sales as well. Recent import vehicle registration data from the Korea Association of Imported Automobile Manufacturers (KAIDA) released on Sunday reveals a substantial uptick in the number [...]
SEOUL, Sept. 10 (Korea Bizwire) — South Korea’s Prime Minister Han Duck-soo met with Uzbekistan’s foreign minister Sunday and discussed ways to boost bilateral cooperation on energy, key minerals, defense, and a wider range of economic and industry fields, Han’s office said. During the meeting with the Uzbek minister, Baxtiyor Saidov, in Seoul, Han voiced [...]
SEOUL, Sept. 10 (Korea Biz Wire) — The U.N. Green Climate Fund (GCF) on Sunday welcomed South Korea’s decision to additionally contribute US$300 million to the fund as part of the country’s efforts to help combat climate change. South Korean President Yoon Suk Yeol made the pledge a day earlier at the Group of 20 [...]
SEOUL, Sept. 10 (Korea Bizwire) — South Korean construction companies’ overseas orders increased 20 percent in the January-August period from a year earlier to exceed US$20 billion, industry data showed Sunday. Local builders obtained $21.9 billion worth of overseas orders between January and August, up from $18.3 billion worth of deals in the same period [...]
NEW DELHI, Sept. 9 (Korea Bizwire) — South Korean President Yoon Suk Yeol and Argentine President Alberto Fernandez agreed Saturday to explore the possibility of the two countries’ joint lithium battery production in the South American nation, Yoon’s office said. The two leaders discussed the issue during a meeting on the sidelines of the Group [...]