SEOUL, Jun. 28 (Korea Bizwire) – A recent survey has revealed that a significant portion of South Koreans are opting out of summer vacations, with job hunting and exam preparation cited as the primary reasons. The study, conducted by EduWill, a comprehensive education company, surveyed 197 adults aged 20 to 40 over a seven-day period ending [...]
SEOUL, Jun. 28 (Korea Bizwire) – As nearly 8 out of 10 South Koreans spend their final moments in hospitals, a new regulation set to take effect in August will require general hospitals and long-term care facilities to install dedicated “end-of-life” rooms. This move by the government aims to ensure a more dignified conclusion to life [...]
SEOUL, Jun. 26 (Korea Bizwire) – A new study predicts that South Korea’s declining birth rate and shrinking population could lead to a significant labor shortage in key sectors by 2042, with over 600,000 fewer workers in restaurants and retail compared to 2022 levels. The forecast was presented by professor Lee Chulhee of Seoul National University [...]
SEOUL, Jun. 25 (Korea Bizwire) – In a surprising turn of events, South Korea has become the latest battleground for global e-commerce giants, with YouTube making an unprecedented move to launch its first shopping-dedicated store feature in the country. On June 23, industry sources revealed that YouTube, in collaboration with Cafe24, a KOSDAQ-listed e-commerce solutions company, [...]
BUSAN, Jun. 25 (Korea Bizwire) – An animal protection group has filed an administrative appeal against the Cultural Heritage Administration and local authorities for ordering the removal of feral cat feeding stations on Eulsukdo Island, a crucial migratory bird habitat in Busan. The Korean Alliance for Prevention of Cruelty to Animals (KAPCA) held a press conference [...]
SEJONG, Jun. 24 (Korea Bizwire) – In a concerning trend for South Korea’s labor market, the number of young adults classified as economically inactive — neither employed nor seeking work — has increased for the first time in nine months, despite government initiatives to integrate them into the workforce. According to data from Statistics Korea, the [...]
SEOUL, Jun. 24 (Korea Bizwire) – As South Korea grapples with a declining birth rate, the country is witnessing a significant demographic shift in its multicultural population. Experts predict a decrease in the proportion of preschool-aged children from multicultural families, while the percentage of middle and high school students, as well as young adults in their [...]
SEOUL, Jun. 24 (Korea Bizwire) – In a country known for its dense population and tight-knit social fabric, a troubling trend is emerging: the proliferation of so-called “No Someone Zones,” areas where certain groups of people are explicitly unwelcome. From “No Kids Zones” in cafes to “No Middle-Aged Women Zones” in gyms, these exclusionary practices are [...]
SEOUL, Jun. 24 (Korea Bizwire) – In a innovative approach to environmental education, 50 schools across Seoul are set to receive AI-powered recycling robots this September, the Seoul Metropolitan Office of Education announced on June 22. The robot, named “Nephron,” uses artificial intelligence to determine whether items are recyclable. When students insert a transparent plastic bottle [...]
SEOUL, Jun. 23 (Korea Bizwire) –Masayoshi Son, the chairman of SoftBank Group, reportedly promised a senior member of Japan’s ruling party that he would take responsibility for making Line Yahoo “Japanese infrastructure,” according to a report by the Mainichi Shimbun newspaper on June 21. The report sheds light on behind-the-scenes discussions between Son and Akira [...]