SEOUL, Feb. 24 (Korea Bizwire) — ‘Fancy’ is expected to be the new keyword for women’s clothes in this year’s spring-summer season. Samsung C&T Corp.’s fashion group picked Y2K fashion as this year’s spotlight fashion trend. Y2K fashion refers to a fashion trend that used to be popular in the late 1990s and early 2000s [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korean household income rose for the second quarter in a row in the fourth quarter of last year thanks to an economic recovery amid eased antivirus curbs, data showed Thursday. The average household earned 4.64 million won (US$3,876) per month in the October-December period, up 6.4 percent from [...]
SEOUL, Feb. 24 (Korea Bizwire) — Employment for wage workers in South Korea grew at a slow clip in the third quarter of 2021 from three months earlier amid the coronavirus pandemic, data showed Thursday. The number of paid employee jobs came to 19.6 million as of end-September, up 2.6 percent, or 491,000, from a [...]
SEOUL, Feb. 24 (Korea Bizwire) — The number of foreigners studying for a doctoral degree in South Korea last year shot up thanks to the popularity of Korean culture abroad and domestic universities’ efforts to attract foreign students, a government survey showed Wednesday. According to a survey conducted by the Korea Research Institute for Vocational [...]
SEOUL, Feb. 23 (Korea Bizwire) — Single-person travel is becoming increasingly popular. According to the Korea Tourism Organization, an analysis of BC Card Co.’s credit card transaction data showed that travel consumption by single-person households accounted for 14.6 percent of all tourism-related consumption in the country last year, up by 5.5 percentage points from the [...]
DAEJEON, Feb. 23 (Korea Bizwire) — A Korean-style forest park will be set up near Angkor Wat Buddhist temple complex, Cambodia’s most famous tourist destination, using South Korean forest management technology. The Korea Forest Service held the first plenary session for the Korea-Cambodia joint operating committee online on Tuesday. The park will be set up [...]
GWANGJU, Feb. 23 (Korea Bizwire) – The state-run Korea Institute of Robotics and Technology Convergence showed off a variety of robots on Monday in celebration of its 10th anniversary. A snake-shaped rescue robot that is designed to explore narrow spaces can move its head in the direction that sound is coming from. After detecting people [...]
SEOUL, Feb. 23 (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, underlining the country’s bleak demographic situation. The country’s total fertility rate — the average number of children a woman bears in her lifetime — came to 0.81 [...]
WASHINGTON, Feb. 22 (Korea Bizwire) — More than half of South Koreans support the acquisition of nuclear weapons either through indigenous development or the deployment of U.S. assets, a survey showed Tuesday. When asked to choose between the two options, an overwhelming majority of those surveyed favored South Korea developing its own weapons, according to [...]
SEOUL, Feb. 22 (Korea Bizwire) — South Korea’s filmmaking industry contracted for a second straight year in 2021 due mainly to the yearslong COVID-19 pandemic, government data showed Tuesday. The aggregated revenues of the local film market, which includes domestic sales of movie tickets, and online releases and exports, reached 1.02 trillion won (US$855 million) [...]