forecast Archives | Be Korea-savvy
Single-member Households to Become Most Common Type in 2047

Single-member Households to Become Most Common Type in 2047

SEJONG, Dec. 16 (Korea Bizwire) — One-person families will likely become the most common household type in all South Korean cities and provinces in the next 30 years amid the country’s low birthrate and rapidly aging population, data showed Monday. Households consisting of a single member are forecast to account for 37.3 percent of all [...]

Ultrafine Dust to Hit S. Korea This Weekend After Two-week Hiatus

Ultrafine Dust to Hit S. Korea This Weekend After Two-week Hiatus

SEOUL, Jan. 2 (Korea Bizwire) — Citizens in Seoul and surrounding areas have enjoyed clear blue skies for the past 11 days without worrying about fine dust, but the air will again get thick with ultrafine particles beginning this weekend, a state think tank said Wednesday. The National Institute of Environmental Research (NIER) under the [...]

S. Korea’s Chip Exports Forecast to Continue Strong Growth in 2018: Report

S. Korea’s Chip Exports Forecast to Continue Strong Growth in 2018: Report

SEOUL, Feb. 5 (Korea Bizwire) — South Korean chip exports are expected to continue to post solid growth this year, though its pace may slow down from last year’s exponential expansion, a report showed Sunday. The Korea Institute for Industrial Economics & Trade (KIET) forecast the country’s exports will increase 18.6 percent in 2018, lower [...]