SEOUL, April 14 (Korea Bizwire) — South Korea’s total population has started to decline amid low childbirths, but the number of foreigners here is forecast to continue to increase to make up of 4.3 percent of the population in 2040, a report showed Thursday. After peaking at 51.84 million in 2020, the country’s total population [...]
SEOUL, April 13 (Korea Bizwire) — Foreigners sold a net of some US$4 billion worth of South Korean stocks in March amid worries over the protracted war in Ukraine and the U.S. Federal Reserve’s aggressive move to tighten its monetary policy, central bank data showed Wednesday. Foreigners’ net stock selling came to $3.93 billion last [...]
SEOUL, April 7 (Korea Bizwire) — With the coronavirus pandemic continuing for more than two years, Koreans have learned a new habit of washing hands while foreigners are watching more YouTube content, a Seoul-based non-profit organization said Wednesday. The Corea Image Communication Institute conducted a survey of 214 Koreans and 203 foreigners, in which 71.5 [...]
SEOUL, March 16 (Korea Bizwire) — An increasing number of foreigners are gaining interest in acquiring citizenship or permanent residence permits in South Korea for a continuous stay or economic activity in the country. The Korea Immigration Service reported that 10,895 people became naturalized citizens last year. Except for 2019, more than 10,000 foreigners have [...]
SEOUL, March 14 (Korea Bizwire) — Foreign investors remained net sellers of South Korean stocks in February amid growing jitters over Russia’s invasion of Ukraine, data showed Monday. Foreigners offloaded a net 2.58 trillion won (US$2.09 billion) worth of local stocks last month, marking the second straight month of net selling, according to the data [...]
SEOUL, March 13 (Korea Bizwire) — Foreign ownership of South Korean stocks fell to a six-year low, bourse data showed Sunday, as overseas investors preferred safer assets in the wake of the Ukraine crisis and ahead of a widely expected U.S. rate hike. As of Friday, foreign investors held 666 trillion won (US$538 billion) worth [...]
SEOUL, March. 11 (Korea Bizwire) — Foreigners withdrew more money from the stock market in South Korea than their investments last month as a risk-averse attitude grew amid heightened geopolitical risks from Russia’s invasion of Ukraine, central bank data showed Friday. Foreigners unloaded a net US$1.86 billion worth of local stocks in February, marking the [...]
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. 14 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in January, but their net investment in local bonds continued to expand, data showed Monday. Foreigners sold a net 1.68 trillion won (US$1.4 billion) worth of local stocks last month, compared with their net purchase of 4.36 trillion won in [...]
SEOUL, Jan. 31 (Korea Bizwire) — The Korea Road Traffic Authority has released a new guidebook that introduces various safety rules and the country’s traffic system to foreigners. The guidebook offers information on how to acquire a driver’s license in the country, along with the introduction of the traffic lights system, traffic signs, principles on [...]