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For the Third Consecutive Month in September, South Korea Welcomes Over 1 Million Foreign Visitors

For the Third Consecutive Month in September, South Korea Welcomes Over 1 Million Foreign Visitors

SEOUL, Oct. 30 (Korea Bizwire) – The number of foreign visitors to South Korea stayed above 1 million for the third consecutive month in September, data showed Monday. Last month, around 1.1 million foreign nationals came to Korea, up 225.2 percent from a year ago, according to the data by the Korea Tourism Organization (KTO). [...]

Majority of Senior Managers Believe Working from Home Is Inefficient

Majority of Senior Managers Believe Working from Home Is Inefficient

SEOUL, Oct. 30 (Korea Bizwire) – A survey has revealed that workers tend to perceive working from home as less efficient as they advance in rank within a company. However, those in high-ranking positions who have experience with remote work expressed a higher level of satisfaction with it. On Sunday, the civic organization Jikjang Gapjil 119 [...]

Han Kang’s Novel Earns Dual Nominations for Esteemed French Literary Honors

Han Kang’s Novel Earns Dual Nominations for Esteemed French Literary Honors

SEOUL, Oct. 28 (Korea Bizwire) – A novel from acclaimed South Korean novelist Han Kang is a finalist in foreign-language categories of two prestigious French literary awards, the book’s Korean publisher said Saturday. According to Munhakdongne, “I Do Not Bid Farewell” was shortlisted for the Prix Femina for foreign literature and the Prix Medicis for [...]

September Sees Population Mobility Hit a 50-Year Low

September Sees Population Mobility Hit a 50-Year Low

SEOUL, Oct. 25 (Korea Bizwire) – The number of South Koreans who moved to different residences in the country sank to a 50-year low in September on population aging and the sagging real estate market, the statistics agency said Wednesday. Around 450,000 people changed their residences last month, down 1.6 percent from a year earlier, [...]

Innovative AI-Generated Video Unveils Korea Through the Eyes of Renowned Artists

Innovative AI-Generated Video Unveils Korea Through the Eyes of Renowned Artists

SEOUL, Oct. 25 (Korea Bizwire) – The Ministry of Culture, Sports and Tourism, in collaboration with the Korea Tourism Organization, has unveiled a groundbreaking tourism video, “If Van Gogh Visited Korea,” (https://www.youtube.com/watch?v=rPZGxw6Jsrg) generated using cutting-edge artificial intelligence (AI).  This innovative project, released on YouTube, introduces viewers to South Korea’s iconic tourist destinations through the unique artistic [...]

S. Korea’s Youth Population Faces Drastic Decline by 2040 due to Persistently Low Fertility Rates

S. Korea’s Youth Population Faces Drastic Decline by 2040 due to Persistently Low Fertility Rates

SEJONG, Oct. 24 (Korea Bizwire) – According to a new report released by the National Assembly’s Budget and Policy Office, South Korea’s youth population is facing a significant decline, with an estimated 50 percent reduction by the year 2040 if the current low fertility rate persists. The report titled “Estimation of Total Population Reflecting Recent [...]

Communication Costs Surge to 33-Year High in South Korea

Communication Costs Surge to 33-Year High in South Korea

SEOUL, Oct. 24 (Korea Bizwire) – Consumer prices for communication services, a fundamental necessity in everyday life, have seen their most significant growth in 33 years during the first nine months of this year. Despite a history of maintaining a low growth rate, communication prices have increased for two consecutive years, driven not only by rising [...]

One Year After Fatal Crowd Crush, Victims and Families Continue to Grapple with the Tragedy

One Year After Fatal Crowd Crush, Victims and Families Continue to Grapple with the Tragedy

SEOUL, Oct. 22 (Korea Bizwire) – A year after the deadly crowd crush in Seoul’s Itaewon district that claimed 159 lives, survivors and bereaved families still seek the truth behind the bungled disaster response and a proper closure to their loss. The crowd crush, the deadliest ever in South Korea, took place in the nightlife [...]

Retiring USFK Officer Reflects on Cherished Memories from the Truce Village Between Two Koreas

Retiring USFK Officer Reflects on Cherished Memories from the Truce Village Between Two Koreas

SEOUL, Oct. 21 (Korea Bizwire) –The truce village of Panmunjom is the last remaining Cold War frontier inside the heavily-guarded demilitarized zone (DMZ) separating the two Koreas, but to Kim Young-gyu, the longest-serving public affairs officer at the United States Forces Korea (USFK), it is a place full of personal memories.   The 76-year-old Kim [...]