SEOUL, Jan. 17 (Korea Bizwire) — The Seoul Metropolitan Government on Monday launched the first stage of Metaverse Seoul, which provides a variety of services. The city government said that it was the first major city around the world to establish a metaverse platform and launch a service in the public sector. The services offered [...]
SEOUL, Jan. 16 (Korea Bizwire) — Digital cameras, once sidelined by smartphones, are capturing the hearts of South Korean Generation Z. Many old digital cameras have been discontinued, and are available only as second-hand products on Instagram or other online platforms. Others run into old digital cameras at home, used by their family members 10 [...]
SEOUL, Jan. 16 (Korea Bizwire) — LG Electronics Inc. said Sunday that the company’s plant in the U.S. state of Tennessee has been selected as a lighthouse factory by the World Economic Forum (WEF), the first of its kind among South Korean plants built overseas. According to the WEF, a lighthouse factory refers to a [...]
SEOUL, Jan. 16 (Korea Bizwire) — A growing number of Koreans are eating meals at home instead of going out due to the pandemic and restaurant price increases brought on by inflation. As a result, demand for miniature-sized vegetables is rising. Discount retailer Emart Inc. reported that last year’s sales of raon paprikas, which come [...]
SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s exports of K-pop albums hit a fresh high last year, data showed Monday, as limitations caused by the COVID-19 pandemic continued to push up demand for physical albums. K-pop album exports hit US$233.113 million in 2022, up 5.6 percent from a year ago, according to import and [...]
SEOUL, Jan. 16 (Korea Bizwire) — The proportion of self-employed people in South Korea touched a record low in 2022 in the wake of the prolonged coronavirus pandemic, data showed Monday. Asia’s fourth-largest economy had 5.63 million self-employed people as of end-December, accounting for 20.1 percent of the 28.09 million employed in the country, according [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s population shrank last year, continuing its downward trend for three years in a row, with the number of single-person households close to 10 million, government data showed Sunday. The Ministry of Interior and Safety said the country’s registered population stood at 51,439,038 as of Dec. 31 of [...]
HONGCHEON, Jan. 13 (Korea Bizwire) — Organizers of winter festivals in Gangwon Province, opening for the first time in three years, are concerned over rising temperatures. On Thursday, the Korea Meteorological Administration reported daytime temperatures of 9-12 degrees Celsius in the inner regions, 10-12 degrees in the mountain ranges and 14-17 degrees on the east [...]
SEOUL, Jan. 13 (Korea Bizwire) — Liquor companies in South Korea are releasing eco-friendly, limited editions of alcoholic beverages ahead of the Lunar New Year. A-Young Fortune Brands Co. released the All PaperBox gift set on Thursday with packaging made entirely of paper. Liquor gift sets normally include plastic material or plastic airbags to protect [...]
SEOUL, Jan. 13 (Korea Bizwire) — Soccer has turned out to be the most popular sport in light of the admission rate among daily sports clubs, a survey showed Thursday. The Ministry of Culture, Sports and Tourism conducted a survey of 9,000 Koreans over 10 years of age across the country, which revealed that the [...]