SEOUL, Dec. 25 (Korea Bizwire) – The number of South Koreans studying in China shrank 78 percent this year from six years earlier, data showed Monday, amid China’s stringent COVID-19 border shutdown and the slowing growth of the world’s second-largest economy. The number of South Koreans who were studying in Chinese colleges, graduate schools and [...]
SEOUL, Dec. 24 (Korea Bizwire) – Visitors to Ttukseom Hangang Park in Gwangjin-gu, Seoul, have been thronging to the exhilarating sledding hills since their opening on December 22. These Hangang Park Sledding Hills, operational until February 12 next year, are situated in Ttukseom, Jamwon, and Yeouido, drawing significant attention from both locals and foreign tourists [...]
SEOUL, Dec. 24 (Korea Bizwire) – South Korea’s exports of eco-friendly vehicles surged 32.5 percent on-year to a record high during the first 11 months of this year on solid global demand for electric vehicles (EVs), data showed Sunday. The export volume of eco-friendly automobiles came to 662,307 units during the January-November period, compared with [...]
SEOUL, Dec. 24 (Korea Bizwire) –A survey released on December 24 indicates that 40% of South Korean employees identified poor working conditions as the most challenging aspect of their jobs this year. Civic group Workplace Gabjil 119 conducted the survey from December 4 to 11 among 1,000 working adults aged 19 and above nationwide, revealing [...]
SEOUL, Dec. 24 (Korea Bizwire) – The number of foreign nationals having jobs in South Korea reached an all-time high of nearly 1 million this year, and nearly 80 percent of them were affiliated with companies with fewer than 50 workers, data showed Sunday. The number of foreigners aged 15 and older residing in the [...]
SEOUL, Dec. 22 (Korea Bizwire) – December 22 marks the winter solstice, a pivotal moment in the annual cycle when nights reach their longest and days are at their shortest. The Chinese character’s literal translation signifies “winter has arrived,” and in the Western tradition, it is recognized as the first day of winter. The term “solstice” [...]
SEOUL, Dec. 22 (Korea Bizwire) – A recent study conducted by Statistics Korea in partnership with SK Telecom has revealed distinct commuting patterns among South Korean workers, with notable differences based on gender and age. The study, combining statistical registration data with SK Telecom’s telecommunication mobile location and movement information, offers new insights into the nation’s [...]
SEOUL, Dec. 21 (Korea Bizwire) – The number of newly established companies in South Korea fell for the second consecutive year in 2022 amid an economic slowdown, data showed Thursday. Some 997,000 businesses were newly established last year, down 3.5 percent from a year earlier, according to the data compiled by Statistics Korea. In 2021, [...]
SEOUL, Dec. 21 (Korea Bizwire) – It’s akin to being trapped in an icy expanse. Seoul experienced the fiercest cold spell of the winter on Thursday, with temperatures dropping to minus 14 degrees Celsius in the morning. As the city received its first cold wave warning of the season on December 21, office workers geared up [...]
SEJONG, Dec. 21 (Korea Bizwire) – A recent study has revealed a significant degree of residential segregation in Seoul, characterized by distinct divisions between high-priced and low-priced housing areas. The Korea Research Institute for Human Settlements released these findings in its report titled ‘Residential Segregation by Housing Prices and Policy Implications,’ which utilized publicly announced housing [...]