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Seoul's Population Falls Below 10 Million

Source | 2016/05/01 | | Permalink

The population of Seoul has fallen below 10 million for the first time in 28 years with registered citizens at 9.99 million last month, Statistics Korea said Tuesday.

The population of the capital surpassed 10 million in 1988 and stayed above until now...More

Jamsil Sports Complex to Become Expo Hub

Source | 2016/05/01 | | Permalink

An artist's impression of a massive conference and exhibition center to be built at the Olympic sports complex in Jamsil /Courtesy of the Seoul Metropolitan Government

The Seoul Metropolitan Government unveiled a plan on Monday to transform the Olympic sports complex in Jamsil into a massive conference and exhibition center.

Some W2.8 trillion will be invested into the project, W1.7 trillion of it from a public fund to which Hyundai Motor contributed W1 trillion, and the remainder from the private sector (US$1=W1,150)...More

Korean Universities Drop in Science Research

Source | 2016/05/01 | | Permalink

Korea seems to be losing its recently acquired edge in basic sciences. The rankings of major universities such as Korea Advanced Institute of Science and Technology (KAIST), Korea University and Seoul National University plummeted in the Nature Index 2016 out last week.

The index is regarded as the most authoritative barometer for measuring competitiveness in basic sciences, scoring universities and research bodies by analyzing articles published in 68 prestigious international journals...More

More Young Workers Embrace Gap Year

Source | 2016/05/01 | | Permalink

A growing number of young office workers are quitting their jobs to take a year out because they missed the gap year that high-school graduates in the West often take before university to see the world or do good.

They often see it as an opportunity to reflect on the rat race and their future in it, and do some general soul searching...More

Samsung Pivots to Cheaper Smartphones

Source | 2016/05/01 | | Permalink

Samsung will launch a cheaper smartphone in China next month tentatively named the Galaxy C, signaling a shift in strategy from its insistence on high-end models in a saturated market.

The phone will have a 5.2-inch screen and cost around US$300. The announcement comes just two months after Samsung unveiled its latest premium phone, the Galaxy S7, and will mean that Samsung now has several) affordable phones in its lineup...More

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