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Super Junior Returns With Fewer Members

Super Junior Returns With Fewer Members

SEOUL, July 10 (Korea Bizwire) – K-pop boy group Super Junior will return to the K-pop music scene in October with less members, its management agency said Monday. Originally consisted of 11, the restructured team will be made up of seven members — Leeteuk, Heechul, Shindong, Yesung, Eunhyuk, Donghae and Siwon — said Label SJ, [...]

Lotte CEO to Commute to and from Work in ‘Vertical City’

Lotte CEO to Commute to and from Work in ‘Vertical City’

SEOUL, Jul. 10 (Korea Bizwire) — The CEO of South Korean conglomerate Lotte Group is expected to move into Lotte World Tower in the coming months, shortening his commute to a mere elevator ride, materializing to commute to and from work in a ‘vertical city’ sort of. According to statement from Lotte released on Saturday, Shin [...]

More than 1 Million Koreans Are Now Convenience Store and Online Shopping Enthusiasts

More than 1 Million Koreans Are Now Convenience Store and Online Shopping Enthusiasts

SEOUL, Jul. 10 (Korea Bizwire) — With the popularity of convenience stores and online shopping among South Koreans growing rapidly, the number of shoppers who rely heavily on both online shopping sites and convenience stores is on the rise. According to a new report released by Shinhan Card on recent retail trends, the number of consumers [...]

Education Inflation is Hurting Millennials with University Degree

Education Inflation is Hurting Millennials with University Degree

SEOUL, Jul. 9 (Korea Bizwire) — If you are a millennial living in a country like South Korea, Denmark, China, or India, chances are you’re facing stiff competition in the job market despite having gone to college or university. With more young people than ever being encouraged to pursue higher education, university degrees are becoming less [...]

Number of South Korean Students Studying Abroad Hits 12-Year Low

Number of South Korean Students Studying Abroad Hits 12-Year Low

SEOUL, Jul. 7 (Korea Bizwire) — South Koreans’ highly favorable attitude towards studying abroad might be coming to an end, as the latest figures show the number of students under 19 years of age who went abroad for academic purposes dropped by a third over the past nine years. Data released by Statistics Korea on Thursday [...]

Residential Skyscrapers Becoming Local Landmarks

Residential Skyscrapers Becoming Local Landmarks

SEOUL, Jul. 7 (Korea Bizwire) — As tall apartment buildings are proving popular in the South Korean housing market despite the country’s sluggish economy, an increasing number of home buyers are eyeing the residential skyscrapers around the country, which are widely seen as symbols of high social status and wealth, as well as landmarks in the [...]