SEOUL, Aug. 10 (Korea Bizwire) — The birth rates of twins in South Korea has risen over the last 40 years. Prof. Heo Yoon-mi from Kookmin University conducted an analysis of birth rates of twins or triplets between 1981 and 2019, which showed that the birth rate went from five twins per 1,000 people in [...]
SEOUL, Aug. 8 (Korea Bizwire) — The South Korean economy is facing heightened uncertainty as the recovery of domestic demand is likely to slow amid a recent spike in COVID-19 cases, a state-run think tank said Sunday. Asia’s fourth-largest economy is on a recovery track amid solid exports, but the toughest-ever virus curbs, in effect [...]
SEOUL, Aug. 5 (Korea Bizwire) – The size of high temperature areas in South Korea has more than doubled over the past nine years, international environmental organization Greenpeace said Thursday, calling for efforts to reduce greenhouse gas emissions. Greenhouse defines any land locations where the average midday surface temperature exceeds 30 C in August as [...]
SEOUL, Aug. 3 (Korea Bizwire) — U.S. electric vehicle maker Tesla Inc. has suspended sales of the Model 3 Long Range, the company’s most popular EV in South Korea, raising complaints that the company is discriminating against the South Korean market. The company announced via its website that it will suspend orders for the Model 3 [...]
SEOUL, July 11 (Korea Bizwire) — The South Korean passport was found to be the third most effective one for travelers around the world, allowing its bearers to travel to 191 countries visa-free, data showed Sunday. Asia’s fourth-largest economy and Germany tied for third, only after Japan and Singapore, in the latest edition of the [...]
SEOUL, June 24 (Korea Bizwire) — Pickpocketing is disappearing in South Korea with a dwindling use of cash, transaction records, and an increasing number of crime prevention cameras. The National Police Agency reported 2,378 cases of pickpocketing in 2011, which plunged down to 535 cases by 2019. As more people are using credit cards instead [...]
SEOUL, June 23 (Korea Bizwire) — The length of South Korea’s coastlines was extended by 319 kilometers over the past six years due to the impact of coastal reclamation projects. At present, the length of the nation’s coastlines is estimated at 15,282 kilometers, which is equal to about 37 percent of the circumference of the [...]
SEOUL, June 10 (Korea Bizwire) — For two consecutive years, the mutual perception between South Koreans and Japanese has been at its ‘worst’ since the normalization of Korea-Japan relations in 1965. South Korean newspaper Hankook Ilbo and Japan’s Yomiuri Shimbun conducted a survey of 1,000 South Koreans and 1,063 Japanese, in which 81 percent of [...]
SEOUL, May 14 (Korea Bizwire) — ASML Holding N.V., the world’s leading photolithography equipment maker, is building a new plant in South Korea. The Ministry of Trade, Industry and Energy announced Thursday during its briefing on K-semiconductor blueprint that ASML will invest in the country. The company will invest 240 billion won (US$212 million) to [...]
SEOUL, April 26 (Korea Bizwire) — The Myanmarese people, stricken by the ongoing brutality and bloodshed caused by a military coup d’etat, are using social media to thank South Korea for its continuous support. Entering the hashtag #ThanksKorea on Twitter returns messages from the Myanmarese people saying thanks to the country. One individual drew a [...]