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Jeju Has Highest Ratio of Double Income Households in S. Korea: Data

Jeju Has Highest Ratio of Double Income Households in S. Korea: Data

SEJONG, June 28 (Korea Bizwire) — Jeju Island had the highest ratio of double income households last year among South Korea’s major cities and provinces, data showed Sunday. Among the island’s 158,000 households with married couples, the share of double income households stood at 60.4 percent or 96,000 households, the highest ratio among major regions [...]

Jeju Flooded with Locals Avoiding Overseas Travel amid COVID-19

Jeju Flooded with Locals Avoiding Overseas Travel amid COVID-19

SEOUL, May 27 (Korea Bizwire) — Jeju Island, South Korea’s most popular holiday destination, appears to be increasingly favored by locals as an alternative to overseas travel amid the prolonged COVID-19 pandemic, a report indicated Thursday. The report released by the state-funded Korea Culture and Tourism Institute (KCTI) showed that domestic tourism to the southern [...]

Hyundai, Kia Team Up with Jeju Provincial Gov’t to Promote Vehicle-to-Grid Commercialization

Hyundai, Kia Team Up with Jeju Provincial Gov’t to Promote Vehicle-to-Grid Commercialization

SEOUL, May 10 (Korea Bizwire) — Hyundai Motor Co. and affiliate Kia Corp. are taking steps to bring about the vehicle-to-grid (V2G) commercialization era. V2G refers to the technology of using idle battery power by connecting electric vehicles to the power grid. The two companies signed a business agreement with Hyundai Capital Services Inc., an [...]