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Foreigners in Korea aging alongside locals: data

Foreigners are aging alongside locals in South Korea, a country with more senior citizens than young adults. According to Statistics Korea on Friday, the senior foreign resident population is expected to constitute more than 10 percent of the overall foreign demographic in 11 years. The number of seniors, aged 65 and older, among foreign residents is projected to rise from 95,000 in 2022 to 204,000 by 2030. This figu...

South-korea , Korea , Statistics-korea , For-koreans ,

Share of Foreign Residents in South Korea Projected to Reach 7 Percent by 2042

Share of Foreign Residents in South Korea Projected to Reach 7 Percent by 2042
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

South-korea , Korea , Korea-bizwire , Statistics-korea , Foreign-population ,

Amid deepening apple crisis, South Korea eyes long-term measures

Amid deepening apple crisis, South Korea eyes long-term measures
asianews.network - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asianews.network Daily Mail and Mail on Sunday newspapers.

South-korea , New-zealand , Pyeongchang , Kangwon-do , Seoul , Soult-ukpyolsi , Gangwon , Yanggu , Inch-on-gwangyoksi , South-korean , Korea ,

Coupang to increase membership fees by 58%

Coupang has decided to raise the price of its Wow paid membership service to 7,890 won ($5.74) per month, up 58 percent from the current 4,990 won, in an effort to improve profitability, but the abrupt price hike announcement has drawn criticism from users who think it is excessive, according to industry officials, Friday.

South-korea , China , Chinese , Korea , Baek-byung-yeul , Netflix , Disney , Coupang-play , Coupang-eats , Youtube-premium , Statistics-korea

BOK to keep current key rate longer than expected amid sticky inflation

Bank of Korea (BOK) Governor Rhee Chang-yong said Friday that the BOK will sustain its restrictive monetary policy, putting aside the widely held expectations that the central bank may begin cutting the rate in the second half of the year.

Seoul , Soult-ukpyolsi , South-korea , Korea , Rhee-chang-yong , Governor-rhee-chang-yong , Statistics-korea , Bok , Ate , Ause , Orea

South Korea's temporary workers up 2.1% in March

The number of temporary workers in South Korea improved by 2.1% year over year to approximately 4.67 million in March 2024, according to data released by Statistics Korea.

South-korea , Korea , Daily-newsview-all , Statistics-korea , Staffing , Ecruitment , Obs , Mployment ,

Foreign nationals to make up nearly 7% of Korea's population by 2042

The number of foreign nationals could potentially more than double in the next 20 years, thereby making up nearly 7 percent of the country's entire population by 2042, data showed Thursday.

Andong , Kyonggi-do , South-korea , Laos , Korea , Laotian , North-gyeongsang-province , Statistics-korea , Foreigners , Orea , Orkforce

Amid deeping apple crisis, S. Korea eyes long-term measures

This year’s spikes in apple prices have prompted South Korean officials to explore long-term strategies to stabilize fruit harvests. While the latest price trends are influenced by various factors, including short-term weather events, officials are concerned about a troubling underlying trend: Declining harvests due to shrinking cultivation areas in the country attributed to climate change, a decreasing and agi...

New-zealand , Pyeongchang , Kangwon-do , South-korea , Yanggu , Inch-on-gwangyoksi , Korea , South-korean , Gangwon-jeongseon , Rural-affairs , Ministry-of-agriculture , Korea-rural-economic-institute

Korean companies expand day care facilities for employees' kids

Samsung, Hyundai Motor, LG, POSCO and other Korean companies are rolling up their sleeves to offer better working environments to their employees juggling work and parenting, according to the companies, Wednesday.

Pohang , Kyongsang-bukto , South-korea , Gyeonggi , Kyonggi-do , Gwangyang , Cholla-namdo , Hong-kong , Suwon , Cheju-do , Korea , Lee-jae-yong

South Korea's Single-Person Households Reach 10 Million, Prompting Policy Shift

South Korea's Single-Person Households Reach 10 Million, Prompting Policy Shift
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

Gyeonggi , Kyonggi-do , South-korea , Seoul , Soult-ukpyolsi , Korea , Korea-bizwire , Gyeonggi-province , Statistics-korea ,