SEOUL, Nov. 6 (Korea Bizwire) — Nearly 70 percent of baby boomers living in the Seoul metropolitan area said they would be willing to relocate to regional areas if jobs at small and medium-sized enterprises were available, according to a survey released Wednesday by the Korea Economic Association (FKI). The survey, conducted in September by Mono [...]
SEOUL, June 25 (Korea Bizwire) – The number of households that moved from urban areas to farming and fishing villages fell for the second consecutive year in 2023, data showed Tuesday. The number of households moving to farming villages came to 317,464 last year, down 4.4 percent from a year earlier, according to the data [...]
SEOUL, Oct. 30 (Korea Bizwire) — Over 8,000 households in Seoul’s Hannam neighborhood will begin vacating their homes Monday as part of a redevelopment project that will turn the sprawling residential area into high-rise apartments, ward officials said. The approximately 386,000-square-meter area, spanning parts of Hannam-dong and Bogwang-dong in Yongsan Ward, was initially designated for [...]
SEOUL, Oct. 11 (Korea Bizwire) – According to a recent study, over the past five years, more than 17,000 South Koreans have chosen to relocate to other countries. The United States has emerged as the destination of choice, closely followed by Canada. The Ministry of Foreign Affairs has provided data to the National Assembly, which is [...]
SEOUL, April 24 (Korea Bizwire) — The South Korean government plans to promulgate a set of special acts later this week to facilitate efforts to relocate military airports in the southern cities of Daegu and Gwangju, the defense ministry said Monday. The promulgation is set to come Tuesday following their passage through the National Assembly [...]
PYEONGTAEK/SEOUL, Nov. 15 (Korea Bizwire) – South Korea and the United States held a ceremony Tuesday to commemorate the completion of a yearslong project to relocate their Combined Forces Command (CFC) headquarters from Seoul to a key U.S. military base south of the capital. The relocation of the CFC — the allies’ bedrock warfighting command [...]
SEOUL, March 20 (Korea Bizwire) — South Korea’s key military compound in central Seoul is set to undergo major realignments due to the planned relocation of the presidential office there at a time of rising security concerns caused by North Korea’s continued missile tests. The area is home to the nation’s defense ministry, the Joint [...]
SEOUL, March 18 (Korea Bizwire) — President-elect Yoon Suk-yeol’s push to relocate the presidential office has become a hot button issue amid competing views on whether it will help the president better communicate with the people or simply waste resources. Yoon was elected last week after promising to “return” Cheong Wa Dae to the public [...]
SEOUL, June 24 (Korea Bizwire) – A key administrative process to relocate the U.S. embassy building in Seoul was approved by city officials Thursday, opening the door for the beginning of the construction project that will close the embassy’s half-century-old presence in the heart of the South Korean capital. The Seoul metropolitan government’s city planning [...]
SEOUL, Dec. 26 (Korea Bizwire) — CJ Logistics Corp., a major South Korean logistics firm, said Thursday it completed the relocation of historical structures in Turkey to prevent them from potentially being submerged by a dam project. The Hasankeyf project, launched in 2017, involved transporting 23 units of ancient structures aged well beyond 500 years [...]