SEOUL, Nov. 28 (Korea Bizwire) – The number of inbound visitors to South Korea is expected to decline more than 23 percent in 2017 after a sharp drop in Chinese visitors following the U.S. missile defense system deployment row, the country’s tourism promotion agency said Tuesday. The number of foreigners who visited South Korea from [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Koreans picked Park Geun-hye’s impeachment as president as the biggest issue of 2017, followed by the launch of the government of her successor, President Moon Jae-in, a survey showed Monday. The Realmeter survey of 501 people showed that 47.6 percent of the respondents chose Park’s ouster as the [...]
SEOUL, Oct. 17 (Korea Bizwire) – The number of visitors to local tourist destinations soared nearly 60 percent during the recent Chuseok holiday season, government data showed Tuesday. According to data compiled by the Ministry of Culture, Sports and Tourism, 8.87 million people visited 108 major tourist attractions in South Korea during the 10-day Chuseok break, the country’s autumn harvest celebration, up 59.6 percent from 5.56 million tallied last year. This year, the holiday ran from Sept. [...]
SEOUL, Sept. 1 (Korea Bizwire) – The number of South Koreans traveling to China continued to drop in August, with more people opting to fly to Japan or Southeast Asia instead, industry data showed Friday, as the ongoing diplomatic spat between Seoul and Beijing over the deployment of a U.S. missile defense system does not [...]
SEOUL, June 26 (Korea Bizwire) – The housing market in Seoul and its adjacent areas are in an expansion phase, South Korea’s central bank said Monday, a move that has prompted the government to crack down on speculative real estate investments. The Bank of Korea (BOK) said in a report that the housing prices in [...]
“As the Korea-China relations come of age, the two nations must discuss sensitive issues in an open-minded manner. With regard to the issues of North Korea, North Korea’s nuclear program, unification and security as well as North Korean defectors and fishing orders in the Yellow Sea, the two nations must exchange opinions in a more [...]
SEOUL, March 15 (Korea Bizwire) – The United States has included its advanced missile-defense system as part of the support it would provide South Korea in emergency situations on the Korean Peninsula, a South Korean military source said Sunday. “The U.S. plans to deploy a Terminal High-Altitude Area Defense (THAAD) in case of an emergency on [...]