SEOUL, June 25 (Korea Bizwire) – Once the dominant force in South Korea’s imported vehicle market, diesel-powered passenger cars are facing a steep decline as consumers increasingly turn to cleaner alternatives. According to data released Tuesday by the Korea Automobile Importers & Distributors Association (KAIDA), only 1,469 imported diesel passenger vehicles were sold in South [...]
SEOUL, Jan. 29 (Korea Bizwire) – In media appearances following the conclusion of dramas, actors have frequently stated that they haven’t decided on their next project yet. This common response is often followed by the explanation that the production of new dramas is on the decline. The Korean drama industry is facing concerns of contraction due [...]
GOKSEONG, Oct. 2 (Korea Bizwire) – As the concept of “workcation” gains popularity among MZers (Millennials and Generation Z) seeking a better work-life balance, major tourist destinations like Jeju are actively vying to establish themselves as premier “workcation spots.” Jeju, known for its robust tourism industry, has emerged as a prominent workcation destination. The Jeju Provincial [...]
SEJONG, Aug. 23 (Korea Bizwire) — The number of newborn babies in South Korea dropped to a six-month low in June, government data showed Wednesday. About 28,900 babies were born in the month, down 12.2 percent, or 4,000, from 32,900 tallied a year earlier, according to the data from Statistics Korea. It is the second-lowest [...]