Most Popular
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Yoon calls for dialogue, trust from medical community
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NK leader guides firing drills involving super-large multiple rocket launchers
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Dyson founder visits Seoul for global debut of new hair dryer
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Leaders call for action against threats to democracy posed by AI
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Asiana Airlines wins data transfer certification in China
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Dispute heats up over dispatch of scandal-ridden envoy to Australia
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Dodgers beat S. Korea in final exhibition before MLB opener in Seoul
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Disgraced ex-K-pop star released after serving time for sex crimes
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Trump unlikely to unravel IRA: experts
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Yoon says medical licenses should not be used as tool against people
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[Graphic News] Asia’s billionaire club takes heaviest hit in 2022
Billionaires in Asia faced the steepest drop in membership in 2022 at 7.1 percent, more than any other region, according to data firm Wealth-X Analytics. This decline, when contrasted with North America’s modest 2.3 percent dip, reflects a year of heightened economic volatility. South Korea and Taiwan’s tech sectors bore the brunt of Asia’s decline, while market sentiment was constrained by China’s stringent zero-COVID policy, the report explained. Against a backdrop of g
World NewsJuly 4, 2023
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[Graphic News] Births hit new low, extending population decrease
The number of babies born in South Korea hit yet another fresh low in April, data showed, further extending the decline in the population of Asia's fourth-largest economy. Only 18,484 babies were born in April this year, sinking 12.7 percent from a year earlier, according to the monthly report from Statistics Korea. It marked the lowest number for any April since the statistics agency started compiling monthly data in 1981. The number of babies born in South Korea has been falling on-year f
Social AffairsJuly 3, 2023
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[Graphic News] Palgongsan designated as 23rd national park
Palgongsan, a 1,193 meter-high mountain straddling the border between the southeastern city of Daegu and North Gyeongsang Province, was granted national park status, becoming Korea’s 23rd national park on May 23. The Ministry of Environment approved the designation in a meeting of its national park committee, two years after the city of Daegu and North Gyeongsang Province made the recommendation. It marks the first designation of a national park in seven years after Taebaeksan, spanning th
TravelJune 30, 2023
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[Graphic News] Migrant deaths in Middle East, North Africa hit highest since 2017
Last year marked a grim milestone as migrant deaths within and from the Middle East and North Africa region surged to nearly 3,800 people, the highest number since 2017, according to data released by the International Organization for Migration’s Missing Migrants Project. This unsettling trend was mainly spurred by a shift in migratory paths, as increasing interceptions by the Libyan Coast Guard have forced desperate migrants to seek alternative and often perilous sea routes from North Afr
World NewsJune 29, 2023
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[Graphic News] Number of Seoul airport bus passengers surges to over 2m in 5 months
The number of airport bus passengers in Seoul has exceeded 2 million during the first five months of this year, driven by the expansion of travel demand as COVID-19 measures have been lifted, the Seoul Metropolitan Government said. From January to May, a total of 2.11 million people used airport buses, nearly double the previous year’s total of 1.23 million. Airport bus usage has been steadily increasing for 14 consecutive months since April last year, data from the city government showed.
Social AffairsJune 28, 2023
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[Graphic News] New York tops world’s most expensive cities for expats
New York has leapfrogged Hong Kong as the world’s most expensive city to live in as an expat, while skyrocketing rents saw Singapore crash into the top five, according to a new study. Soaring inflation and rising accommodation costs were cited as reasons for New York topping ECA International’s Cost of Living Rankings for 2023, while Geneva and London remained in third and fourth place, respectively. Seoul, which rose from 10th to 9th place this year due to increased housing and acco
World NewsJune 27, 2023
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[Graphic News] Foreign ownership of S. Korean land rises 1.8%
Foreign ownership of South Korean land rose 1.8 percent in 2022 from a year earlier, the Land Ministry said. Foreigners owned 264.01 square kilometers - slightly more than four times the size of Manhattan - at the end of December. It represents 0.26 percent of South Korea’s total land area, the Ministry of Land, Infrastructure and Transport said in a statement. The value of land held by foreigners also increased 2.6 percent to 32.88 trillion won ($24.8 billion) over the cited period, the s
Social AffairsJune 26, 2023
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[Graphic News] Over 6m enjoy ‘temple stay’ programs for past 2 decades
Over 6 million have participated in temple-life experience programs over the past decades, with foreigners accounting for 11 percent of the total, data showed. According to data compiled by Rep. Song Eon-seok of the ruling People Power Party, a total of 6.44 million have visited temples across the country as of 2022 to experience temple life since the programs’ launch in 2002. Some 695,000 foreign tourists also enjoyed the temple stay programs. Temple stay gives visitors a fuller exp
TravelJune 23, 2023
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[Graphic News] Global airlines more than double 2023 profit outlook
Global airlines more than doubled their 2023 industry profit forecast to $9.8 billion from $4.7 billion, spurred on by strong travel demand as the sector recovers from the COVID-19 pandemic. “The pandemic years are behind us and borders are open as normal,” Director General Willie Walsh of the International Air Transport Association said. But profit margins, clocking in at 1.2 percent, were still too thin to ensure the industry’s long-term financial robustness, he added
World BusinessJune 22, 2023
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[Graphic News] South Korea’s exports of tractors hit fresh record in 2022
South Korea’s exports of agriculture tractors hit a record high in 2022 by advancing 23 percent on-year, data showed, amid growing demand for small-sized models. The value of tractors shipped overseas came to $1.24 billion in 2022, rising from $1 billion tallied a year earlier, according to the data compiled by the Korea Customs Service. The amount also marked a sharp rise from $657 million posted in 2020, the data showed. The customs office said the increase was driven by rising demand fo
MobilityJune 21, 2023
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[Graphic News] Number of foreign patients increases
According to a report released by the Ministry of Health and Welfare, 248,000 patients from abroad visited South Korea for medical treatment last year, up 70 percent from 146,000 in 2021. In 2019, just a year before the pandemic, 497,000 foreign patients entered Korea. Recently, the ministry has released a set of strategies for attracting up to 700,000 foreign patients a year to Korea by 2027. In order to meet its goal by 2027, the government will implement four different strategies: improving i
TechnologyJune 20, 2023
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[Graphic News] Following BTS’ footsteps in Seoul
K-pop boy band BTS is in the midst of two weeks of events for “2023 BTS Festa” at various venues in Seoul until next Sunday to mark the 10th anniversary since its debut. The Seoul Metropolitan Government and the Seoul Tourism Foundation have rolled out the “Seoul BTS Tour Map - Map of the SEOUL,” featuring 13 important locations the iconic group has visited along with filming locations for web series “Run BTS.” The map will be available at six Seoul Tourism In
K-popJune 19, 2023
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[Graphic News] S. Korea’s Asian Games baseball roster
The Korea Baseball Organization, the national governing body of professional baseball, announced the 24-man roster for the 2022 Hangzhou Asian Games in September, which had been postponed to 2023 due to the COVID-19 pandemic. The team, composed of 24 players, features not only veteran talent but rising young stars. The infield is fortified by players like Kang Baek-ho of KT Wiz, while the outfield boasts talents like Lee Jung-hoo from Kiwoom Heroes, at 23 and 24 years old respectively. The
BaseballJune 16, 2023
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[Graphic News] S. Korea’s household debt ratio highest among 34 economies
South Korea’s household debt-to-gross domestic product ratio stood at the highest level among 34 major economies in the first quarter, global financial data showed. The ratio stood at 102.2 percent in the January-March period, followed by Hong Kong with a ratio of 95.1 percent, Thailand with 85.7 percent, Britain with 81.6 percent and the United States with 73 percent, according to the Institute of International Finance. Korea was the only country where household debt exceeded its GDP in t
Social AffairsJune 15, 2023
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[Graphic News] Canadian fires in context of century’s catastrophic wildfires
In the throes of Canada’s raging wildfires, a glance at this century’s major blazes paints a troubling picture of a globe marked by climate change. The 21st century has seen many of these destructive events, with Australia’s 2019-20 season and Russia’s 2021 wildfires scorching immense tracts of land. The fire seasons of 2009 and 2015, one in Australia and another in Russia, saw an alarming loss of life, unlike most other major fires. The current Canadian situation, althou
World NewsJune 14, 2023
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[Graphic News] S. Korea’s 5G users top 30m in April: data
The number of smartphone users on 5G mobile networks had topped 30 million as of April for the first time since the service was commercialized in 2019, data showed. The total number of 5G users reached 30.02 million in April, accounting for 38.1 percent of the total 78.79 million mobile subscriptions in the country, according to the data from the Ministry of Science and ICT. SK Telecom, the country’s largest mobile carrier by subscriptions, had the most 5G users at 14.35 million as o
Social AffairsJune 13, 2023
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[Graphic News] Elon Musk again world’s richest man
Tesla CEO Elon Musk has reclaimed the title of the world’s wealthiest person, surpassing LVMH Chairman and CEO Bernard Arnault. Musk and the luxury tycoon have been neck-and-neck for the top spot this year in the Bloomberg Billionaires Index, a listing of the world’s 500 richest people. LVMH shares have tumbled about 10 percent since April, at one point wiping $11 billion from Arnault’s net worth in a single day. Musk’s rise in the position was due to the shares of Tesla
World BusinessJune 12, 2023
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[Graphic News] Proportion of women execs at major firms nears 7% in Q1
The proportion of female executives at South Korea’s major companies came to 7 percent in the first quarter of 2023 following last year’s implementation of a related law, a corporate tracker said. The number of female executives at 349 out of the country’s top 500 firms by sales reached 997 at end-March, accounting for 6.8 percent of the total 14,718, according to the Leaders Index. The proportion was up 0.5 percentage point from a year earlier and 1.7 times the tally for the f
Social AffairsJune 9, 2023
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[Graphic News] Korea secures U-20 semifinal spot
South Korea, led by head coach Kim Eun-joong, secured a hard-fought 1-0 victory against Nigeria in the quarterfinals of the 2023 FIFA U-20 World Cup at Santiago del Estero Stadium in Argentina on Monday. The match was fiercely contested, with both teams locked in a neck-and-neck battle that eventually led to extra time. With this triumph, South Korea advances to the semifinals for the second consecutive time, building on their previous success as runners-up in the 2019 Polish Games. Looking ahea
SoccerJune 8, 2023
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[Graphic News] Public transportation rides in Seoul hits 3.4 billion
The use of public transportation in Seoul reached a record high of 3.4 billion rides last year, with an average of 9.44 million rides daily, according to data from the Seoul Metropolitan Government. The busiest subway station in Seoul was Gangnam Station on Line No. 2 with 71,598 passengers per day, followed by Jamsil Station and Hongik University Station. Among bus stops, the highest usage was at Seoul Express Bus Terminal Station, with 9,318 passengers per day. Once passengers boarded, data in
Social AffairsJune 7, 2023