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Apartments in Taller Buildings are More Expensive: Data

Apartments in Taller Buildings are More Expensive: Data

SEOUL, Aug. 25 (Korea Bizwire) — Apartments in taller buildings are more expensive in the greater Seoul area, a real estate big data company said Wednesday. Real Estate R114 made a price comparison of 3,403,812 apartments in the greater Seoul area sorted by floor, which showed that the average apartment price in buildings that are [...]

Residents of Seoul’s Gangnam District Have Highest Average Salary

Residents of Seoul’s Gangnam District Have Highest Average Salary

SEOUL, Aug. 25 (Korea Bizwire) — Seoul’s affluent Gangnam District has the highest average salary per resident among all cities, counties and districts in the country, a lawmaker said Wednesday. Rep. Kim Hoi-jae of the main opposition Democratic Party analyzed the Annual National Tax Statistics report, which showed that each Gangnam resident made an average [...]

State Minting Agency Releases Congratulatory Medal for Son’s Golden Boot

State Minting Agency Releases Congratulatory Medal for Son’s Golden Boot

DAEJEON, Aug. 25 (Korea Bizwire) — The Korea Minting and Security Printing Corp., South Korea’s state-run minting agency, on Wednesday unveiled a specially designed medal commemorating Son Heung-min’s Premier League Golden Boot trophy. The front of the medal depicts Tottenham Hotspur’s South Korean star celebrating the moment with his teammates after scoring his 23rd goal [...]

Gov’t Bans Use of Plastic Cheering Equipment at Sports Facilities

Gov’t Bans Use of Plastic Cheering Equipment at Sports Facilities

SEOUL, Aug. 25 (Korea Bizwire) — Inflatable cheering sticks and plastic blankets will be banned from use at sports facilities, following the prohibition of cheering equipment made with synthetic resins. The Ministry of Environment posted the new guidelines on its official website, explaining the new enforcement rules of the resource recycling act taking effect on [...]

Universities Reopen Foreign Exchange Programs

Universities Reopen Foreign Exchange Programs

SEOUL, Aug. 24 (Korea Bizwire) — Universities are reopening foreign exchange programs suspended during COVID-19 pandemic. Konkuk University held an orientation program for foreign exchange students on Tuesday for the first time in three years. A total of 203 foreign students will be attending the university for the fall semester. More than 150 of them [...]

S. Korea’s Total Fertility Rate Hits Record Low in 2021

S. Korea’s Total Fertility Rate Hits Record Low in 2021

SEJONG, Aug. 24 (Korea Bizwire) — South Korea’s total fertility rate hit a record low last year as the number of childbirths continued to fall, data showed Wednesday, underscoring the country’s gloomy demographic situation. The country’s total fertility rate — the average number of children a woman bears in her lifetime — came to 0.81 [...]