SEOUL, Nov. 20 (Korea Bizwire) – South Korea’s e-commerce market is growing at a fast pace and is expected to grow 10.2 percent on-year to surpass 164 trillion won (US$118 billion) this year, a global market research firm said Wednesday. The Korean e-commerce market is set to reach 164.3 trillion won in 2024, up from [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korea has one of the best fifth-generation (5G) communications network infrastructures among the member states of the Organization for Economic Cooperation and Development (OECD), a report showed Wednesday. The country had the highest number of 5G base stations relative to its population, with 593 stations per 100,000 inhabitants, [...]
YANGGU, Nov. 20 (Korea Bizwire) – A provincial arboretum in mountainous Gangwon Province has transformed into a popular year-round destination, drawing visitors with seasonal attractions ranging from tulip festivals to nighttime light displays. The Yanggu Arboretum had already welcomed 46,907 visitors as of November 14, nearly matching last year’s total attendance of 47,628, local officials reported. [...]
GANGNEUNG, Nov. 20 (Korea Bizwire) – A great cormorant’s struggle with abandoned fishing gear was captured through an 840mm telephoto lens in the Namdaecheon Stream, which runs through the heart of Gangneung, South Korea, revealing an unexpected confrontation between wildlife and recreational fishing equipment. The bird’s ordeal, documented in detail, showed it ensnared by fishing line, [...]
SEOUL, Nov. 19 (Korea Bizwire) – South Korean cosmetics companies are rolling out smaller-sized products to capture the growing market of Generation Z and Alpha consumers, who are increasingly seeking affordable ways to experiment with beauty products. Daiso, a popular discount retailer, reported a dramatic surge in cosmetics sales for January through October this year, with [...]
SEOUL, Nov. 19 (Korea Bizwire) — Nearly 7 in 10 married South Korean women have experienced career interruptions due to pregnancy and child-rearing, data showed Tuesday. The number of married women aged 15-54 who left the workforce reached 1.22 million in the first half of this year, according to the data from Statistics Korea. This [...]
ULSAN, Nov. 19 (Korea Bizwire) – South Korean researchers have developed a revolutionary skin patch that maintains strong adhesion during vigorous physical movement while being easily removable without irritation, potentially changing the future of wearable medical devices. The breakthrough, announced on November 18 by the Ulsan National Institute of Science and Technology (UNIST), comes from a [...]
SEOUL, Nov. 18 (Korea Bizwire) – The rate of online searches via Naver Corp., South Korea’s leading internet portal operator, in the country has seen a significant drop over the past nine years amid growing competition, an industry report showed Monday. The Korean portal giant took up a 57.32 percent share of the domestic search [...]
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) – 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 [...]