SEOUL, Sept. 1 (Korea Bizwire) – The expected decline in the working age population in South Korea beginning next year will hit the steel and its related markets, as seen in the case of Japan, a research report said Thursday. The report from the POSCO Research Institute projected that the construction market, which accounts for [...]
SEOUL, Aug. 25 (Korea Bizwire) – South Korea’s urban population continued to increase last year with more than 90 percent of the total population living in less than 17 percent of the total land here, a government report showed Thursday. According to the report from the Ministry of Land, Infrastructure and Transport, the number of [...]
SEOUL, July 27 (Korea Bizwire) – The number of foreigners in South Korea topped the 2 million mark as of June, accounting for 3.9 percent of the total population, government data showed Wednesday. The number of foreigners in South Korea has been rising steadily since it reached the 1 million mark in 2007, according to [...]
SEJONG, July 26 (Korea Bizwire) – The number of South Koreans changing their residences dropped nearly 13 percent on-year in June as the housing market showed signs of slowing, the state statistics agency said Tuesday. A total of 567,000 South Koreans changed their residences in June, down 83,000, or 12.8 percent, from a year earlier, [...]
SEJONG, June 30 (Korea Bizwire) – The number of South Korean urban households moving to rural areas jumped more than 10 percent in 2015 from a year earlier as the return-to-farm movement is becoming notable in the country, government data showed Thursday. A total of 11,959 households living in the countryside came from cities last [...]
SEOUL, June 28 (Korea Bizwire) – Due to the stagnating economy and declining real estate sales, the number of Koreans migrating to different areas has declined in three consecutive months (as of May). The total number of domestic migrants in May was 589,000, the lowest figure for the month since May 1975 (480,000). Among those [...]
SEOUL, May 20 (Korea Bizwire) – Seoul’s 10-million population mark is on the verge of collapsing due to a continued exodus. Higher inflation rates and a sustained decline in employment rates are driving people to leave the capital. According to Statistics Korea, a total of 23,885 people left Seoul in the first quarter of this [...]
Seoul, July 8 (Korea Bizwire) — Research results say that Korea’s population will peak in 2030, reaching 52 million, and decrease afterwards. The current population of Korea in 2015 is 51 million. This means that the population will increase by one million over the next 15 years, and start to decline in the following years. [...]
WASHINGTON, D.C., Mar 27, 2014 (Korea Bizwire) – Today, 1 in 6 Americans is hungry. Yet the current food insecurity problem pales in comparison to the challenges of the future. The ability to feed a rapidly growing world population was a focal point of educational programs held in Washington, D.C., this week in conjunction with [...]