SEOUL, Sept. 6 (Korea Bizwire) — Following the return to in-person classes, violence in schools has increased this year, a government survey showed Tuesday. In the survey by the education ministry, 1.7 percent of students said they suffered violence in schools in 2022, up 0.6 percentage points from last year, when most schools shifted classes [...]
SEOUL, Sept. 6 (Korea Bizwire) — LG Electronics Inc. has unveiled an non-fungible token (NFT)-based artwork transaction platform in the U.S. market. The company announced on Monday that it had launched the LG Art Lab service in the U.S., enabling users to buy, sell and enjoy high-quality NFT artworks selected by professional curators. The service [...]
SEOUL, Sept. 5 (Korea Bizwire) — Seven out of 10 experts in South Korea consider the local chipmaking industry to be in a crisis due to multiple external risks, a survey showed Monday. According to a survey of 30 experts in the semiconductor sector, taken by the Korea Chamber of Commerce and Industry (KCCI), 76.7 [...]
SEOUL, Sept. 5 (Korea Bizwire) — Close to half of South Koreans consume multivitamins, probiotics and other supplements, the public health agency said Sunday. The Korea Disease Control and Prevention Agency (KDCA) reported that in the 2020 National Health and Nutrition Examination Survey, 44.9 percent of respondents said they had consumed dietary supplements the day [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korea is expected to become the country with the largest share of people aged 65 years or older in the world in 2044 due to rapid aging, data showed Monday. The proportion of senior citizens in South Korea is forecast to account for 36.7 percent of the total [...]
SEOUL, Sept. 5 (Korea Bizwire) – Sales of imported vehicles in South Korea rose 7.8 percent last month from a year earlier despite the extended chip shortage, an industry association said Monday. The number of newly registered foreign vehicles stood at 23,850 units last month, up from 22,116 units a year ago, the Korea Automobile [...]
SEOUL, Sept. 5 (Korea Bizwire) — Luxury hotels in Seoul are seeing a soaring number of wedding reservations, primarily led by so-called “revenge spending” among brides who have struggled long enough under various restrictions imposed by the pandemic. Industry sources said that wedding reservations at luxury hotels like the Lotte Hotel Seoul, the Shilla Seoul, [...]
SEOUL, Sept. 5 (Korea Bizwire) — LG Electronics Inc. and German toymaker Playmobil have introduced home appliances and figurines developed in a collaboration project. LG said it will unveil various Playmobil figurines that depict home appliance engineers, influencers and interior designers at IFA 2022 held in Berlin, Germany until Tuesday. Playmobil is famous for its [...]
SEOUL, Sept. 5 (Korea Bizwire) — The Genesis G90, the flagship sedan of Hyundai Motor Co.’s luxury brand Genesis, has racked up strong sales since its release earlier this year. Genesis reported that a total of 14,658 units of G90, priced at over 100 million won (US$73,280) each, were sold in the South Korean market [...]
SEOUL, Sept. 4 (Korea Bizwire) — Foreigners’ net stock purchases reached nearly 4 trillion won (US$2.9 billion) in the South Korean stock markets last month despite the won’s weakness against the dollar, data showed Sunday. In August, foreigners bought 3.98 trillion won worth of stocks in the main KOSPI, tech-heavy KOSDAQ and small businesses-focused KONEX [...]