SEOUL, Jan. 19 (Korea Bizwire) — South Korean senior citizens’ poverty rate has been on the mend but is still high among members of the Organization for Economic Cooperation and Development (OECD), a report showed Thursday. The relative poverty rate of South Koreans aged 65 and older stood at 37.6 percent in 2021, down 1.3 [...]
SEOUL, Jan. 18 (Korea Bizwire) — About 1 in 20 young people in Seoul live in isolation or seclusion from society due mainly to difficulties in finding a job or mental problems, a survey by the city government showed Wednesday. An estimated 4.5 percent, or about 129,000, of Seoul residents aged between 19-39 were surveyed [...]
ZURICH, Jan. 17 (Korea Bizwire) — First lady Kim Keon Hee met with a sheikha of the United Arab Emirates on Tuesday and discussed cultural exchanges between the two countries, the presidential office said. A sheikha is a female member of a ruling Arab family, according to the office. Kim met with Sheikha Latifa bint [...]
SEOUL, Jan. 17 (Korea Bizwire) – The Seoul city government will provide a monthly subsidy of 300,000 won (US$242) to families relying on grandparents or relatives for child care as part of a project to help relieve the burden of raising children, officials said Tuesday. The city plans to invest a total of 14.7 trillion [...]
SEOUL, Jan. 16 (Korea Bizwire) — Digital cameras, once sidelined by smartphones, are capturing the hearts of South Korean Generation Z. Many old digital cameras have been discontinued, and are available only as second-hand products on Instagram or other online platforms. Others run into old digital cameras at home, used by their family members 10 [...]
SEOUL, Jan. 12 (Korea Bizwire) — The Seoul Metropolitan Government said Wednesday it will deploy drones to insepct the roofs of Korean traditional houses known as “hanok”. Previously, people had to climb onto roofs to check and take photographs. Now, the drones will be in charge of photographing the roofs from all angles. The check-ups [...]
SEOUL, Jan. 11 (Korea Bizwire) — Marrying couples in South Korea in their 30s have become more common at wedding halls than those in their 20s, a statistics agency said Tuesday. About 193,000 couples got married in 2021 with 157,000 weddings involving wives getting married for the first time, according to Statistics Korea. Sorted by [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s veterans ministry said Tuesday it will pore over and correct reported spelling errors and other mistakes on a U.S.-based monument engraved with the names of soldiers killed in the 1950-53 Korean War. The New York Times has reported the Wall of Remembrance at the Korean War Veterans [...]
SEOUL, Jan. 10 (Korea Bizwire) – The National Museum of Modern Contemporary Art (MMCA) said Tuesday it will expand collaborations with major galleries and museums abroad to promote major Korean artworks in the global market. The MMCA said it will join hands with the Solomon R. Guggenheim Museum to present over 100 artworks by Korea’s [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korean plans to expand the period of parental leave of working parents from the current one year to one year and six months, the labor ministry said Monday. The Ministry of Employment and Labor also said it plans to increase the quota of foreign workers with non-professional employment [...]