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International Student Surge Propels Foreign Population to Record High of 2.26 Million

International Student Surge Propels Foreign Population to Record High of 2.26 Million

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 [...]

For the Third Consecutive Month in September, South Korea Welcomes Over 1 Million Foreign Visitors

For the Third Consecutive Month in September, South Korea Welcomes Over 1 Million Foreign Visitors

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). [...]

September Sees Population Mobility Hit a 50-Year Low

September Sees Population Mobility Hit a 50-Year Low

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, [...]

S. Korea’s Youth Population Faces Drastic Decline by 2040 due to Persistently Low Fertility Rates

S. Korea’s Youth Population Faces Drastic Decline by 2040 due to Persistently Low Fertility Rates

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 [...]

Audit Reveals 2,154 Undocumented Infants, with 6 Cases Involving Deaths or Unaccounted Status

Audit Reveals 2,154 Undocumented Infants, with 6 Cases Involving Deaths or Unaccounted Status

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 [...]

Rising Alcohol Imports Double South Korea’s Trade Deficit

Rising Alcohol Imports Double South Korea’s Trade Deficit

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 [...]

Rising High School Dropout Rates Linked to Post-COVID Adjustments and University Admissions Pressure

Rising High School Dropout Rates Linked to Post-COVID Adjustments and University Admissions Pressure

SEOUL, Oct. 9 (Korea Bizwire) –Last year, more than 20,000 high school students left school. This increase is linked to the challenges some students face when transitioning from online to in-person classes after COVID-19. It’s also influenced by the emphasis on timely admissions by major universities in Seoul. Data from the Ministry of Education, covering [...]

Police Receive Almost 20,000 Stalking Reports Over the Past 2 Years, According to Data

Police Receive Almost 20,000 Stalking Reports Over the Past 2 Years, According to Data

SEOUL, Oct. 8 (Korea Bizwire) – Police received nearly 20,000 reports of stalking crimes over the past two years since the enactment of the anti-stalking law, police data showed Sunday. As of August, police had received a total of 19,394 reports of stalking since the anti-stalking law went into effect in October 2021, according to [...]

TB Cases on the Rise in South Korea After Years of Decline: Budget Cuts Raise Concerns

TB Cases on the Rise in South Korea After Years of Decline: Budget Cuts Raise Concerns

SEOUL, Oct. 6 (Korea Bizwire) –After 11 years of decreasing, the number of TB (tuberculosis) cases is now going up. This is happening because people are interacting more with each other as the COVID-19 pandemic gets better. For the past 11 years, the number of TB cases has been going down. It was decreasing by [...]