SEOUL, Nov. 18 (Korea Bizwire) – A significant shift in attitudes toward traditional family structures is emerging among South Korea’s younger generation, with two in five people in their 20s now believing that marriage is not a prerequisite for having children, according to a new government survey. The 2024 Social Survey by Statistics Korea reveals that [...]
SEOUL, Nov. 18 (Korea Bizwire) — A new long-range radar system developed with homegrown technology has been approved for combat suitability, the state arms procurement agency said Monday, with the equipment expected to bolster surveillance of aircraft in the country’s air defense identification zone (KADIZ). The new radar system is capable of conducting around-the-clock surveillance [...]
SEOUL, Nov. 18 (Korea Bizwire) — North Korea again sent balloons carrying trash toward South Korea on Monday, the military here said, resuming its balloon campaign after about a three-week hiatus. North Korea floated some 40 balloons in the early hours, with approximately half of them falling in the Seoul metropolitan area and surrounding Gyeonggi [...]
SEOUL, Nov. 18 (Korea Bizwire) — The Seoul city government said Monday it will push to hire foreigners as “maeul” bus drivers to cope with a chronic manpower shortage in the transportation sector. Maeul buses, or village buses in English, operate on very short routes within local areas to connect residents to nearby major bus [...]
SEOUL, Nov. 18 (Korea Bizwire) – The government has designated Korea Zinc Co.’s high-nickel precursor manufacturing technology as a national core technology amid a tussle for control of the world’s biggest refined zinc producer, according to the company Monday. Korea Zinc has been in a monthslong battle to fend off a takeover bid by its [...]
SEOUL, Nov. 18 (Korea Bizwire) — The unification ministry said Monday it is reviewing measures to reclaim loans granted to North Korea for building inter-Korean roads and train tracks after the North blew them up in October. The unification ministry unveiled the tentative measures as part of its policy plan for the second half of [...]
POHANG, Nov. 18 (Korea Bizwire) – A civic organization in Pohang, North Gyeongsang Province, has launched a public campaign to boost morale at local steel companies, hanging 20 encouraging banners across the city on November 16. The “People Making Happy Pohang” group, led by Park Je-seo, displayed 15 banners supporting POSCO and five supporting Hyundai Steel, [...]
SEOUL, Nov. 18 (Korea Bizwire) – South Korean lawmakers boast the highest level of academic credentials among parliamentarians worldwide, with more than one-third holding doctoral degrees, according to a recent academic study featured in The Economist on November 14. The comprehensive research, conducted by scholars from six institutions including Duke University, analyzed the educational backgrounds of [...]
SEOUL, Nov. 18 (Korea Bizwire) – Immigration to South Korea surged by 50.9% in 2023, placing it second among OECD nations in terms of year-over-year growth, powered in part by the global popularity of Korean culture, according to a new OECD report. The report, released on November 14, revealed that OECD member countries welcomed a record-breaking [...]
JEJU, Nov. 16 (Korea Bizwire) – In a testament to shared culinary heritage across East Asian waters, a unique food tasting event comparing Jeju Island’s “gogi-guksu” and Okinawa’s “soki soba” drew enthusiastic crowds at a cultural exchange program in Okinawa. The comparative tasting was held on November 14 as part of the 2024 Resort Technology Expo [...]