SEOUL, Jan. 14 (Korea Bizwire) — Nearly four in 10 South Koreans believe corruption is pervasive in the public sector, while a majority view Korean society as broadly corrupt and unfair, according to a nationwide survey released Tuesday, underscoring a persistent gap between government reform efforts and public perception. The findings come from the 2025 Corruption [...]
SEOUL, Jan. 13 (Korea Bizwire) – A majority of affluent retail investors in South Korea expect stock markets at home and abroad to extend their gains this year, with artificial intelligence and robotics emerging as the most favored investment themes, according to a new survey by Mirae Asset Securities. In a poll conducted by the [...]
SEOUL, Jan. 13 (Korea Bizwire) — South Korea’s shrinking population is poised to reach another stark milestone this year, as the number of children entering elementary school is expected to fall below 300,000 for the first time on record, according to the Education Ministry. The ministry said it now estimates that 298,178 students will enter first [...]
SEOUL, Jan. 12 (Korea Bizwire) — As South Korea enters 2026, the Year of the Red Horse in the traditional lunar calendar, galleries across the country are marking the occasion with a wave of exhibitions devoted to one of humanity’s oldest artistic symbols. In Seoul’s Cheongdam-dong, Gallery Sein is hosting a special exhibition titled “Let [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s newspaper industry posted record revenues in 2024, surpassing 5 trillion won for the first time, driven largely by the rapid expansion of online outlets, according to a new industry survey released Monday. But the milestone masked deepening polarization, with a small number of large publishers capturing the bulk [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korea’s younger generation views childbirth as both deeply rewarding and uniquely burdensome, according to a new international survey that highlights the country’s persistent struggle with low fertility. A report released Sunday by the Korea Institute for Health and Social Affairs, based on a 2024 survey of adults aged 20 [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea’s airports handled a record number of passengers in 2025, as a surge in overseas travel more than offset a decline in domestic flights, underscoring the continued strength of outbound demand in a post-pandemic travel market. According to data released Friday by the Ministry of Land, Infrastructure and Transport, [...]
SEOUL, Jan. 9 (Korea Bizwire) — Foreign nationals are becoming increasingly common among the founding families of South Korea’s largest conglomerates, particularly in the third and fourth generations, raising new questions about corporate governance and disclosure rules, according to a recent study. An analysis released Wednesday by CEO Score found that 41 members of controlling shareholder [...]
DAEGU, Jan. 7 (Korea Bizwire) — A small elementary school in the southern city of Daegu held its final graduation ceremony on Monday before closing its doors for good, a poignant marker of South Korea’s accelerating demographic decline and its growing impact on local communities. Wolgok Elementary School, which opened in 1993 in Daegu’s Dalseo district, [...]
SEOUL, Jan. 7 (Korea Bizwire) — South Koreans spend nearly 250 million won (about $190,000) per person on medical care over their lifetimes, according to a new analysis that underscores how rapidly rising healthcare costs are becoming concentrated in old age as the population grows older. A report released Wednesday by the Health Insurance Research Institute [...]