SEOUL, Aug. 3 (Korea Bizwire) –In a striking demographic shift, 350 schools across South Korea now report that students from multicultural backgrounds comprise over 30% of their total enrollment, according to a recent study. This figure represents a 40% increase from just five years ago, highlighting the rapid changes in the country’s educational landscape. The [...]
GUNSAN, Aug. 2 (Korea Bizwire) – In the coastal city of Gunsan, larger-than-life faces of BTS members are transforming urban landscapes into vibrant canvases, drawing fans from across the globe. The city is capitalizing on this artistic phenomenon with a new tourism initiative centered around these eye-catching murals. From August 5 to September 8, Gunsan [...]
SEOUL, Aug. 2 (Korea Bizwire) – The opposition-controlled National Assembly passed a bill on providing cash handouts to the entire population Friday despite protest from ruling party lawmakers. The bill passed in a 186-1 vote held after the Assembly, controlled by the main opposition Democratic Party (DP), voted to end a filibuster by the ruling [...]
SEOUL, Aug. 2 (Korea Bizwire) – A recent survey reveals a generational divide in attitudes towards car ownership in South Korea, with younger adults showing less enthusiasm for purchasing vehicles compared to their older counterparts. According to a study conducted by Embrain Trend Monitor, a market research firm, 74.7% of respondents agreed that cars are essential [...]
SEOUL, Aug. 2 (Korea Bizwire) – In a promising turn for South Korea’s tech industry, the automotive electronics sector is emerging as a steady performer, even as the broader consumer electronics and semiconductor markets show signs of recovery. Samsung Electronics and LG Electronics, two of the country’s largest conglomerates, have seen their automotive divisions transform from hidden [...]
SEOUL, Aug. 2 (Korea Bizwire) – As international travel rebounds, South Koreans are increasingly taking advantage of airport lounge access, with usage of Priority Pass cards skyrocketing over the past year, according to data released by BC Card, a major credit card company in South Korea. The analysis, which examined Priority Pass card usage through 612 types [...]
SEJONG, Aug. 2 (Korea Bizwire) – Korean Air, South Korea’s flag carrier, has announced it will no longer offer cup noodles to economy class passengers on long-haul flights. The airline cited an increase in turbulence, attributed to climate change, as the primary reason for this decision, aiming to prevent potential scalding accidents. On August 1, Korean Air [...]
SEOUL, Aug. 2 (Korea Bizwire) – The opening of a premium coffee shop in Seoul’s upscale Cheongdam-dong district has ignited controversy over luxury pricing in a time of high inflation, highlighting the growing economic disparities in South Korean society. Lotte Department Store introduced Bacha Coffee, a Moroccan luxury coffee brand, to South Korea on August 1. The [...]
BUAN, Aug. 2 (Korea Bizwire) – One year after the ill-fated 2023 World Scout Jamboree in Saemangeum, the vast campsite that once echoed with the voices of 42,600 young participants now stands silent and overgrown. The event, dubbed “the worst public event in history,” has left a lingering impact on South Korea’s international reputation and domestic politics. [...]
BUSAN, Aug. 2 (Korea Bizwire) – The South Korean port city of Busan is experiencing an ongoing population drain, particularly among its younger residents, according to recent government statistics. Data released on August 1 by the Dongnam Regional Statistics Office reveals that Busan saw a net outflow of 3,742 residents in the second quarter of this year. [...]