SEOUL, March 12 (Korea Bizwire) — A recent study reveals that South Korea’s younger generation perceives marriage and childbirth with overwhelmingly negative emotions, with financial concerns emerging as the dominant theme. The Korean Peninsula Population Institute for Future (KPPIF), a nonprofit research organization, analyzed approximately 50,000 posts on the workplace community platform Blind from November [...]
SEOUL, March 12 (Korea Bizwire) — Families with three or more minor children will soon enjoy priority immigration processing at major airports across South Korea, including Incheon International Airport, as part of the government’s latest efforts to combat the country’s declining birth rate. The new fast-track service, set to begin in June, is among several measures [...]
SEOUL, March 12 (Korea Bizwire) — Six dancers wielding forearm-length daggers and four with leg-length swords in both hands began their intricate dance to the beat of drums. As those with daggers raised their blades around their shoulders and necks, the weapons spun and jingled like bells. At center stage, dancers with long swords crossed blades [...]
SEOUL, March 11 (Korea Bizwire) — LG Electronics Inc. said Tuesday its new advanced organic light-emitting diode (OLED) and quantum nanocell-emitting diode (QNED) TVs will soon hit the market, with their user-friendly artificial intelligence (AI) and upgraded image quality. The 2025 OLED evo incorporates brightness booster technology, which optimizes the display algorithm and organic compound [...]
SEOUL, March 11 (Korea Bizwire) — KG Mobility Corp. on Tuesday launched the Torres Hybrid, the automaker’s first hybrid electric vehicle (HEV) model that comes with enhanced fuel efficiency and convenience features. The Torres Hybrid is equipped with a 1.83 kilowatt-hour (kWh) high capacity battery and a parallel dual-motor system. Its fuel efficiency is rated [...]
SEOUL, March 10 (Korea Bizwire) — A new survey has revealed that many social media users primarily access platforms to kill time, with TikTok showing the strongest tendency toward habitual, passive consumption. According to the “2024 Social Media User Survey” conducted by the Korea Press Foundation, 48.7% of TikTok users cited “killing time or habitual use” [...]
SEOUL, March 10 (Korea Bizwire) — Six out of 10 office workers believe marriage is no longer necessary, given changing social norms and economic factors, a survey showed Monday. According to the survey of 653 wage earners conducted by local online job placement portal Incruit, 60.2 percent of those polled said getting married is not [...]
SEOUL, March 9 (Korea Bizwire) — South Korea’s manufacturing production fell more than 4 percent from a year earlier in January, marking the sharpest drop in 18 months, data showed Sunday. The Manufacturing Production Index stood at 103.7 points in January, down 4.2 percent from a year ago, according to the data from Statistics Korea. [...]
SEOUL, March 9 (Korea Bizwire) — People in their 60s or older looking for jobs increased last year despite a decline in all other age groups, data showed Sunday. A total of 4,525,456 new job applications were posted on government-run employment website Worknet in 2024, marking a 5.3 percent decline from a year earlier, according [...]
SEOUL, March 6 (Korea Bizwire) — A majority of Seoul residents support raising the minimum age for senior citizens’ free subway rides from the current 65 years, with most favoring 70 as the new threshold, according to a survey released on March 5. The findings were presented at a public forum on elderly transportation benefits hosted [...]