SEOUL, July 4 (Korea Bizwire) — South Korea’s Ministry of Culture, Sports and Tourism and the Korea Visual Artists Copyright Association convened a special policy seminar Thursday in central Seoul to discuss the future of the country’s nascent “art-for-tax” program, which allows inherited artworks to be used in lieu of cash for paying estate taxes. [...]
SEOUL, July 3 (Korea Bizwire) — Seoul’s outdoor libraries drew a record-breaking 1 million visitors during the first half of 2025, reflecting a growing cultural shift that celebrates reading as a lifestyle trend — especially among younger generations. According to the Seoul Metropolitan Government, the three key outdoor reading spaces — Seoul Plaza Library, Gwanghwamun [...]
SEOUL, July 3 (Korea Bizwire) — South Korean luxury auto brand Genesis opened the doors of its exclusive Genesis Lounge in Seoul’s Shilla Hotel to local media this week, offering a curated experience designed to embody the brand’s philosophy of “Distinctly Korean” luxury through architecture, design, music, and cuisine. The lounge, located on the fifth [...]
SEOUL, July 3 (Korea Bizwire) — The annual monsoon season has ended on Jeju Island and in the southern region, the state weather agency said Thursday, as the North Pacific high-pressure front has pushed the stationary front northwest. The Korea Meteorological Administration (KMA) said Jeju and the southern region were freed from the influence of [...]
SEOUL, July 3 (Korea Bizwire) — If current demographic trends continue, South Korea’s population could plunge to just 15% of its current level within a century, according to a new report by the Korean Peninsula Population Institute for Future, a private think tank specializing in demographic research. The institute’s 2025 Population Report: The Great Demographic [...]
SEOUL, July 3 (Korea Bizwire) — In a bid to root out taxi overcharging and service refusals targeting foreign visitors, the Seoul Metropolitan Government announced on Wednesday a new crackdown initiative that leverages QR code-based reporting and strengthened on-site enforcement at major transportation hubs. Beginning last month, the city began distributing business card-sized survey cards [...]
SEOUL, July 3 (Korea Bizwire) — South Korea’s population is becoming increasingly diverse, with recent research showing an almost 8% rise in overall diversity over the past five years, driven by immigration and shifting demographics in both urban and rural areas. According to a report released Tuesday by the Korea Institute for Health and Social [...]
SEOUL, July 3 (Korea Bizwire) — As South Koreans continue to grapple with high inflation and a sluggish economy, a new wave of cost-conscious consumers is turning to community-based bulk-buying as a savvy spending strategy. According to local marketplace platform Danggeun Market on Tuesday, the number of newly formed bulk-sharing groups on its platform surged [...]
SEOUL, July 2 (Korea Bizwire) — The National Museum of Korea in Seoul welcomed over 2.7 million visitors in the first half of this year, its highest half-yearly tally since relocating to its current Yongsan site in 2005, the museum said Wednesday. The museum recorded 2,708,892 visitors between January and June, marking a 64.2 percent [...]
SEOUL, July 2 (Korea Bizwire) – As South Korea sweats through a relentless summer, the risks of heat-related illnesses are mounting—quietly but dangerously. While a cold drink or a shaded bench might seem like enough to beat the heat, medical experts say this summer demands more vigilance than ever. At the heart of the concern [...]