SEOUL, Jan. 20 (Korea Bizwire) — South Korea is enduring one of its harshest midwinter cold spells in years, as temperatures plunged across the country during Daehan — the final and traditionally coldest of Korea’s 24 seasonal divisions — with forecasters warning that the freeze is likely to persist through the end of the month. In [...]
SEOUL, Jan. 20 (Korea Bizwire) — More than eight in 10 people abroad now hold a favorable view of South Korea, a level of international goodwill not seen since the government began tracking the country’s global image seven years ago, according to a report released Tuesday. In a 2025 survey conducted by the Ministry of Culture, [...]
SEOUL, Jan. 20 (Korea Bizwire) — For many South Koreans, a dignified end of life means minimizing physical suffering and sparing loved ones from financial strain, according to a new nationwide study that sheds light on changing attitudes toward death in one of the world’s fastest-aging societies. The research, released Monday by the Korea Institute for [...]
SEOUL, Jan. 20 (Korea Bizwire) — As the number of long-term foreign residents in South Korea surpasses two million for the first time, public attitudes toward immigration remain cautious, with nearly half of Koreans saying the scale of the foreign population feels larger than expected, a new study shows. According to a report released Monday by [...]
SEOUL, Jan. 20 (Korea Bizwire) — Older South Koreans participating in government-sponsored job programs earned an average of about 405,000 won ($300) a month last year, with most saying the primary reason for working was to cover basic living expenses, according to a nationwide survey released Monday. The study, published by the Korea Labor Force Development [...]
SEOUL, Jan. 19 (Korea Bizwire) — Nearly eight in 10 local governments outside South Korea’s capital region say they face a serious risk of population decline, underscoring the deepening divide between Seoul and the rest of the country as demographic pressures mount. In a survey released Monday by the Federation of Korean Industries, 77 percent of [...]
SEOUL, Jan. 19 (Korea Bizwire) – Longer job searches and soaring housing costs are placing mounting strain on young South Koreans, deepening concerns that structural weaknesses in the economy could weigh on the country’s long-term growth, the central bank said on Monday. In a report examining the economic conditions of young adults, the Bank of [...]
SEOUL, Jan. 15 (Korea Bizwire) — A growing number of young teachers in South Korea are reconsidering teaching as a lifelong career, with a sharp decline in those planning to stay in the profession until retirement following the widely publicized death of an elementary school teacher in 2023, a new academic study has found. The findings, [...]
SEOUL, Jan. 14 (Korea Bizwire) — If your eye is drawn to the sly humor of Korean folk painting—or if you recently found yourself charmed by Derpy the Tiger in Netflix’s animated feature KPop Demon Hunters—Gallery Hyundai’s latest exhibitions offer a timely and rewarding encounter with the tradition that helped inspire both. This week, Gallery Hyundai [...]
SEOUL, Jan. 14 (Korea Bizwire) — Household lending by South Korean banks declined in December for the first time in nearly a year, signaling the early impact of tighter government controls aimed at cooling an overheated housing market in the Seoul metropolitan area. Outstanding household loans at banks totaled 1,173.6 trillion won ($795 billion) at the [...]