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OECD forecasts S. Korea’s GDP ranking to take 9th

South Korea is forecast to climb up three notches to ninth in global gross domestic product rankings this year, despite its negative growth of 3.3 percent in the second quarter, data showed Monday.  Asia’s fourth-largest economy is likely to see 1.8 per

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[News Focus] Seoul sees ratio of men-to-women hit record low of 94.8

SEJONG -- The female population overtook the male population five years ago in South Korea. The turning point was June 2015, when the gender ratio fell to 99.9 -- the first time in history it had dropped below 100 since the nation began compiling relevant

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Missing Seoul Mayor Park found dead

Seoul Mayor Park Won-soon was found dead on Friday, according to police, in what appears to be one of the country’s highest-profile suicides in recent history. The body of Park, 64, was found at Mount Bukak, hours after he was reported missing. The exact

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Resurrection of Audi Volkswagen in South Korea

German carmaker Audi Volkswagen Group’s two flagship brands have made a full-fledged comeback in the local imported car market, making a fourfold sales jump in the first half this year, industry data showed Wednesday.  The feat comes four years after t

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Work-life balance draws IT talents to Pangyo Techno Valley

South Korea’s brightest IT minds are gathering to Pangyo Techno Valley -- a tech hub modeled after Silicon Valley in the US -- not only because of its vicinity to Seoul but also because of its culture that seemingly respects work-life balance, something

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[From the scene] Black Lives Matter gathering held in Busan, supported by police

BUSAN -- As some 140 people of different ethnic backgrounds handed out hand sanitizer and greeted passersby at the entrance to Gwangalli Beach in the port city of Busan, many laid curious eyes on the signs they were holding. The signs read, “Black Lives

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Will cargo traffic save embattled air carriers?

South Korean air carriers are opening more international routes from July -- suspended over the COVID-19 pandemic since March -- by focusing on recovering cargo volumes instead of depending on bleak passenger demand, according to industry sources Monday. A

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[News Focus] Arguments over Sejong Station on KTX Line set to resurface

SEJONG -- The issue of whether to establish a KTX station in Sejong, enabling high-speed train service within the administrative city, has come to the fore again. Earlier attempts to do so faced a tough backlash from residents of Cheongju, North Chungcheon

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S. Korea suffers steepest job losses in 10 years amid pandemic

   The number of unemployed in South Korea in May hit the highest level in more than a decade as businesses continued to freeze jobs amid the coronavirus pandemic, data showed Wednesday.  According to data released by Statistics Korea, the number of emp

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[News Focus] 4 major cities lose 37,000 residents since Dec. 1

SEJONG -- South Korea’s four largest cities saw significant population declines over the past six months, depressing the population of the nation as a whole. The collective population of Seoul, Busan, Incheon and Daegu declined by 37,838 during the perio

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