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Koreans Embrace Greener Traditions to Cut Holiday Waste

Koreans Embrace Greener Traditions to Cut Holiday Waste

SEOUL, Sept. 29 (Korea Bizwire) — As South Korea prepares for the Chuseok harvest holiday, when household waste typically spikes, local governments and businesses are stepping up efforts to promote greener practices — from reusable wrapping to bans on artificial flowers at cemeteries. Officials in North Chungcheong Province estimate that nearly 20,000 tons of waste [...]

Koreans Want Comfortable Retirements, but Many Fear Falling Short

Koreans Want Comfortable Retirements, but Many Fear Falling Short

SEOUL, Sept. 29 (Korea Bizwire) — South Koreans believe they will need about 3.5 million won ($2,600) a month to live comfortably in retirement, but most expect to secure only two-thirds of that amount, according to a new survey by KB Financial Group’s research institute. The study, released Sunday, polled 3,000 people aged 25 to [...]

Korean Midlife Workers Turn to Technical Licenses for Second Careers

Korean Midlife Workers Turn to Technical Licenses for Second Careers

SEOUL, Sept. 29 (Korea Bizwire) — For middle-aged and older South Koreans seeking a second career, technical licenses are proving to be a reliable path into steady employment and higher wages. A government survey released Sunday by the Ministry of Employment and Labor and the Korea Research Institute for Vocational Education and Training found that [...]

South Korea Declares First-Ever Animal Welfare Charter, Joining Global Movement

South Korea Declares First-Ever Animal Welfare Charter, Joining Global Movement

BUSAN, Sept. 28 (Korea Bizwire) — South Korea has declared its first national charter on animal protection, a symbolic yet landmark step in recognizing animals as living beings rather than property. While the document carries no legal force, officials and advocates say it sets out core values to guide future policy and public awareness on animal [...]

Korean Frozen Gimbap Hit by U.S. Tariffs as Instant Noodles Surge Abroad

Korean Frozen Gimbap Hit by U.S. Tariffs as Instant Noodles Surge Abroad

SEOUL, Sept. 28 (Korea Bizwire) — South Korea’s booming frozen gimbap exports to the United States are faltering under new trade barriers, even as instant noodles and sauces continue to thrive in global markets. The Ministry of Agriculture, Food and Rural Affairs said Sunday that U.S. tariffs of 15 percent on Korean processed rice products [...]

Seoul’s Fireworks Festival Fuels Bidding Wars for the Best View

Seoul’s Fireworks Festival Fuels Bidding Wars for the Best View

SEOUL, Sept. 26 (Korea Bizwire) — As Seoul prepares to host the 2025 World Fireworks Festival this Saturday along the Han River, demand for prime viewing spots has ignited a frenzy of resales, steep markups, and even makeshift rentals. Online marketplaces are filled with offers ranging from balcony access in Han River–view apartments — sometimes [...]

New Moisture-Harvesting Technology Brings Commercial Power Applications Closer

New Moisture-Harvesting Technology Brings Commercial Power Applications Closer

POHANG, Sept. 26 (Korea Bizwire) — Pohang University of Science and Technology (POSTECH) scientists have developed a device that generates electricity from ambient humidity with more than 100 times the efficiency of previous technologies, marking a potential leap forward in renewable energy. The research team, led by Professor Jeon Sang-min of POSTECH’s Department of Chemical [...]

Koreans Reach Peak Earnings at 45, Shift Into Deficit by 61, Data Shows

Koreans Reach Peak Earnings at 45, Shift Into Deficit by 61, Data Shows

SEJONG, Sept. 26 (Korea Bizwire) —South Koreans earn the most at age 45 but begin running deficits by 61, as consumption outpaces income in later life, according to new government data that underscores the economic strains of an aging society. The National Statistics Office said Wednesday in its release of the 2023 National Transfer Accounts [...]