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S. Korea’s Golf Course Industry Doubles over Decade: Data

S. Korea’s Golf Course Industry Doubles over Decade: Data

SEOUL, Dec. 16 (Korea Bizwire) — As South Korea’s golf course industry continues to expand, it is nearing the size of Japan’s, data showed Thursday. The Korea Leisure Industry Research Institute reported that the size of last year’s golf course industry in South Korea reached 8.5 trillion won (US$6.54 billion), including caddy fees. The country’s [...]

Golf Courses Surge in Number, Rising as a Major Source of Water Pollution

Golf Courses Surge in Number, Rising as a Major Source of Water Pollution

SEOUL, June 14 (Korea Bizwire) — Among major emitters of wastewater in the country, golf courses have jumped in number over the last 10 years. The National Institute of Environmental Research reported that as of 2020, more than 4.8 million tons of wastewater were being released from 54,870 locations in the country each day. The [...]

S. Korea Completes Land Provision Process for THAAD Deployment

S. Korea Completes Land Provision Process for THAAD Deployment

SEOUL, Apr. 21 (Korea Bizwire) — South Korea has completed the process to provide a site for the deployment of the advanced U.S. Terminal High Altitude Area Defense system, the foreign ministry said Thursday. Since the official announcement of a decision to install a THAAD battery in South Korea, Seoul and Washington have been negotiating [...]

S. Korea Selects Golf Course as New Site for THAAD

S. Korea Selects Golf Course as New Site for THAAD

SEOUL, Sept. 30 (Korea Bizwire) – South Korea has picked a golf course in the southeastern part of the nation as the new site for an advanced American missile defense system Friday to counter growing threats from North Korea, military officials said.   The revised decision comes 2 1/2 months after Seoul and Washington picked the [...]

Seismic Changes Expected in Korean Golfing Culture with New Anti-Graft Law

Seismic Changes Expected in Korean Golfing Culture with New Anti-Graft Law

SEOUL, Aug. 3 (Korea Bizwire) – Golf is an expensive sport to learn in Korea, and although the sport has become more affordable and accessible to ordinary individuals with a rising number of indoor screen golf ranges, the common perception is still that golf is a luxury sport. This is also why it’s a ‘reception [...]

Korea’s Golfware Market Expected to Post Solid Growth amid Weak Consumption

Korea’s Golfware Market Expected to Post Solid Growth amid Weak Consumption

SEOUL, May 24 (Korea Bizwire) – Despite the overall slump in private consumption, South Korea’s golfware market is expected to post solid growth this year as more younger people enjoy the sport, industry sources predicted Sunday. According to the Korea Leisure Industry Institute and golf-related clothing makers, the country’s golfware market will likely grow 7.14 [...]