SEOUL, Nov. 29 (Korea Bizwire) – South Korea’s total fertility rate fell to a record quarterly low of 0.7 in the third quarter of 2023, in yet another grim milestone for the country struggling with rapid aging and a falling birthrate. The average number of expected babies a woman bears in her lifetime came to [...]
SEOUL, Nov. 29 (Korea Bizwire) – The number of marriages between South Koreans and foreign spouses rose by the most last year as the stable COVID-19 situation promoted people’s cross-border movements, the statistics agency said Wednesday. The number of “multicultural marriages” jumped 25.1 percent on-year to reach 17,428 in 2022, according to the data from [...]
SEOUL, Nov. 8 (Korea Bizwire) – A record 32 percent of South Koreans said unification with North Korea is unnecessary, a survey showed Wednesday, as inter-Korean relations remain frosty amid the North’s persistent military threats. The figure from a poll of 1,000 adults conducted by the Peaceful Unification Advisory Council (PUAC) from Sept. 15-17 marked [...]
SEOUL, Nov. 8 (Korea Bizwire) – The number of foreign residents in South Korea has hit a record high at nearly 2.26 million, with foreign students increasing by 21 percent year-on-year to fuel the jump, the interior ministry said Wednesday. As of Nov. 1, 2022, the number of foreign residents had stood at around 2.258 [...]
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). [...]
SEOUL, Oct. 25 (Korea Bizwire) – The number of babies born in South Korea fell by the most in more than 2 1/2 years in August, data showed Wednesday. A total of 18,984 babies were born in August, down 2,798, or 12.8 percent, from a year earlier, according to the data from Statistics Korea. It [...]
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, [...]
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 [...]
SEOUL, Oct. 19 (Korea Bizwire) – A total of 2,154 infants born in the country between 2015 and 2022 were not documented after birth, the state audit agency said Thursday. The Board of Audit and Inspection (BAI) disclosed the findings during its routine audit of the health ministry, in the wake of a series of [...]
SEOUL, Oct. 11 (Korea Bizwire) – Data from the Korea Customs Service reveals a surge in alcohol imports, resulting in a doubled trade deficit in the sector over four years. Imported alcoholic beverages, such as beer and whiskey, reached $1.62 billion in 2022, marking a 54% increase from 2018. Notably, it highlights that exports of [...]