SEOUL, Nov. 5 (Korea Bizwire) – The average wedding gift money in South Korea has risen to 90,000 won, reflecting a 23% increase since 2021, according to recent data analysis by KakaoPay of its digital money transfer envelope service. The mobile payment provider’s analysis, released on November 4, shows a steady upward trend in wedding gift [...]
GIMHAE, May 21 (Korea Bizwire) – In the city of Gimhae, South Korea, the Gaya Theme Park’s royal palace grounds are gaining popularity as an unconventional and picturesque outdoor space for weddings and special events, captivating couples with its historical charm and architectural grandeur. According to the Gimhae Cultural Foundation, the Gaya Royal Palace Wedding held [...]
SEOUL, Apr. 29 (Korea Bizwire) – When it comes to tying the knot in spectacular fashion, Seoul’s five-star hotels have become the epitome of extravagant nuptial celebrations for South Korea’s elite. From lush floral arrangements to opulent ballrooms bathed in verdant hues, these venues provide a backdrop worthy of a queen’s pristine white dress – an [...]
GIMHAE, Apr. 2 (Korea Bizwire) – In an ambitious effort to attract domestic and international tourists for the “Visit Gimhae Year,” the city of Gimhae in South Gyeongsang Province has selected two multicultural couples as the inaugural participants for its “Gaya Royal Palace Wedding” event, the municipal government announced on Saturday. The chosen couples are a [...]
SEOUL, Mar. 19 (Korea Bizwire) — The number of marriages in South Korea rose for the first time in more than a decade, but it hovered below the 200,000 level for three years in a row, data showed Tuesday. Around 194,000 couples tied the knot in South Korea last year, up 1 percent from a [...]
SEOUL, Mar. 11 (Korea Bizwire) – In recent years, as marriage rates have fallen, the number of wedding venues across the nation has seen a consistent decline. However, a recent study reveals a significant surge in revenue for these venues, a trend uncovered through a comprehensive analysis of the national wedding market utilizing big data. According [...]
SEOUL, Mar. 3 (Korea Bizwire) –In the last ten years, South Korea has seen a significant 40% decrease in the number of marriages, casting uncertainty on the premise of childbirth in a country where marriage traditionally precedes starting a family. Statistics Korea’s December 2023 population trends report and data from the Korean Statistical Information Service [...]
SEOUL, Feb. 6 (Korea Bizwire) – Song, a 32-year-old bride-to-be, was taken aback by a series of unexpected additional costs for her wedding, which exceeded her initial budget by millions of won. She had initially estimated about 30 million won for the venue, “Ssudeme” (a package including studio photoshoot, dress, and makeup), and honeymoon, but the [...]
SEOUL, Feb. 5 (Korea Bizwire) – A recent analysis has revealed that the average cost of getting married in South Korea now exceeds 300 million won, with the price of a new couple’s home making up 79% of the total expenses. Despite this, additional costs such as dowries have also proven to be significant, exceeding 20 [...]
SEOUL, Dec. 11 (Korea Bizwire) – The number of newly married couples fell more than 6 percent to come to around 1 million in 2022, and the proportion of the couples having no children reached an all-time high, data showed Monday. The number of newly married couples came to 1.03 million last year, down from [...]