SEOUL, March 31 (Korea Bizwire) — Carbon dioxide emissions from forest fires in South Korea have nearly doubled compared to last year’s total, raising concerns about a potential feedback loop where climate change and wildfires accelerate each other’s impacts. According to Our World in Data, South Korean forest fires released 2,345,182 tons of carbon dioxide through March [...]
SEOUL, March 30 (Korea Bizwire) — South Korea officially rolled out its high school credit system this month, transforming the educational landscape by allowing students to customize their coursework much like university students. The program, long in development, aims to foster individualized learning paths and better align education with students’ career aspirations. At Dangok High [...]
BEIJING, March 28 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong and SK hynix Inc. Chief Executive Officer (CEO) Kwak Noh-jung met Chinese President Xi Jinping in Beijing on Friday with other global business leaders. The meeting was held at around 11 a.m. with CEOs from other global companies that participated in the China [...]
SEOUL, March 28 (Korea Bizwire) — K-pop artists are making significant contributions to wildfire relief efforts as the country struggles to contain its worst wildfire disaster that has already claimed dozens of lives. BTS’ Jungkook donated 1 billion won (US$681,500) to aid wildfire disaster relief, according to the Korea Disaster Relief Association on Friday. The [...]
SEOUL, March 28 (Korea Bizwire) — A new government report has revealed a growing polarization in housing among young South Koreans in their early 30s, with more individuals shifting either into monthly rentals or homeownership—while the once-dominant jeonse (lump-sum deposit lease) model continues to decline. Published Wednesday by Statistics Korea’s National Statistical Research Institute, the [...]
SEOUL, March 28 (Korea Bizwire) — A new government study has revealed that South Korean women born in the 1980s and later have achieved higher rates of tertiary education than their male counterparts, marking a significant shift in educational demographics. The research, released on March 27 by Statistics Korea’s Statistics Research Institute, examines educational attainment, [...]
YEONGDEOK, March 28 (Korea Bizwire) — In a devastating blow to South Korea’s premier pine mushroom producing region, residents of Samhwa-2 village in Yeongdeok County, North Gyeongsang Province, are grappling with concerns about their fall harvest following a massive wildfire that swept through the area. “This village is the country’s largest pine mushroom production site, [...]
WASHINGTON, March 27 (Korea Bizwire) — The alliance between South Korea and the United States is in a “quiet crisis,” a prominent U.S. expert said Thursday, pointing to a series of recent developments, including the absence of leader-level contact and Seoul’s exclusion from the Pentagon chief’s ongoing Indo-Pacific trip. Victor Cha, Korea Chair at the [...]
SEOUL, March 28 (Korea Bizwire) — North Korea reported Friday that brisk preparations were under way for the start of the new academic year in April, including the nationwide distribution of school uniforms and other items. The Rodong Sinmun, North Korea’s main newspaper for the general public, published the report as the country prepares to [...]
SEOUL, March 28 (Korea Bizwire) — Countries worldwide scrambled to understand the sudden death of North Korea’s founder, Kim Il-sung, in 1994, with the United States and Russia questioning the isolated state’s future under his son and successor, Kim Jong-il, declassified diplomatic dossiers showed Friday. Kim Il-sung, the founder and first leader of North Korea, [...]