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Korea Faces Demographic Upheavals

Source | 2017/02/26 | | Permalink

Korea is experiencing a demographic upheaval this year. The number of births plunged to 406,300 last year, a strong indication that it will further fall to below 400,000 as early as this year.

The economically active population aged 15-64 will start shrinking for the first time this year and country will become an aged society with the proportion of people over 65 exceeding 14 percent of the population...More

Chinese Tourists Spend Most on Credit Cards in Korea

Source | 2017/02/26 | | Permalink

Chinese tourists last year spent 60.6 percent of all the money foreigners forked out on their credit cards in Korea.

The Korea Culture and Tourism Institute analysed credit card spending last year by 17.24 million foreign visitors and 1.16 million resident expats...More

Seoul's 'High Line' to Open in May

Source | 2017/02/26 | | Permalink

The new elevated park near Seoul Station will finally open to the public on May 20.

The Seoul Metropolitan Government said Wednesday it wanted to unveil the park when the flowers are in full bloom and the trees in leaf, so it postponed the grand opening by about a month"...More

Seoul Motor Show to Kick Off Next Month

Source | 2017/02/26 | | Permalink

The Seoul Motor Show will start its 10-day run from March 31 at KINTEX in Goyang, Gyeonggi Province.

Starting in 1995, the biennial auto show will display over 300 cars from 27 automakers around the world, with 32 cars to be premiered, according to the organizing committee on Wednesday...More

Korean Girls Born in 2030 'Will Live to Over 90'

Source | 2017/02/26 | | Permalink

Girls born in Korea in 2030 will live to over 90, a new international study predicts.

This is the first time that life expectancy will break the 90-year barrier, with Korean women taking the lead at 90.8 years. Korean boys born the same year will live to 84.1, another record...More

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