GlobalEconomic GlobalEdition

February 1, 2023

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S. Korea to extend short-term visa restrictions for Chinese to late February

2023.01.30 10:01

The Korean government will extend restrictions on short-term visa for Chinese travelers to late February in consideration of the Chinese New Year, China’s largest holiday.The Ministry of Health and Welfare’s Central Disaster Management Headquarters said Friday that it will extend the restriction on short-term visas for Chinese travelers to February 28. However, if the pandemic situation improves, the government said it will approve short-term visa early. On December 30 last year, the government said it would restrict short-term visa for Chinese travelers until the situation in China stabiliz
PM Modi's Mann Ki Baat finds mention of growing interest of millets in India

2023.01.30 10:00

The growing interest for millets and entrepreneurs tapping its potential in India finds mention in Prime Minister Narendra Modi's monthly Mann Ki Baat programme.A sizable portion of PM Modi's Mann Ki Baat on Sunday was dedicated to millets. "Just as people have made yoga and fitness a part of their lives by taking active participation on a large scale; similarly people are adopting millets on a large scale. People are now making millets a part of their diet. A huge impact of this change is also visible. On the one hand, the small farmers who traditionally used to produce millets are very excit
73 arrivals from China confirmed positive for COVID-19, 26% positive rate

2023.01.05 09:46

On the 3rd, the second day after the mandatory COVID-19 PCR test was implemented, a total of 73 arrivals from China were confirmed positive.According to the Korea Disease Control and Prevention Agency on the 4th, as of 0 o’clock that day, the total number of arrivals from China to Incheon International Airport on the 3rd was 1,137.281 short-term travelers without symptoms received PCR test at the Incheon Airport Quarantine Center, and 73 were tested positive. The positive rate is 26.0%, which means that more than one in four people are confirmed. The positive rate was higher than on the 2nd (
Instagram most installed by generation Z… Kakaotalk ranks first among millennials and generation X

2022.12.19 09:39

“Instagram” is the most installed app for Generation Z (currently aged of 13-24).NHN Data released the app installation analysis on 28 million Android users by age group, generation α (alpha) (0 to 12 years old), generation Z (13 to 24 years old), millennials (25 to 44 years old), and generation X (45 to 59 years old).According to the analsis, Kakao Talk was the most installed app in Generation α, Millennial, and X, and ranked third in Generation Z after Instagram and Naver.For entertainment and social media apps, generation Z and millennials used Instagram the most, while generation X use
S. Korea ranks fifth in national image but falls in labor and environmental indexes

2022.11.24 09:42

South Korea ranked fifth in the national image and maintains its competitiveness in manufacturing and innovation, but it is analyzed that improvement is needed in labor and the environment. The Korea International Trade Association (KITA)’s international trade research institute published a statistics book titled “Korea in the World (2022),” which recorded the world ranking of Korea in major indicators. It compares 248 countries in 193 indicators, including labor and wages, manufacturing, inflation and finance, national accounts, and national competitiveness.According to the statistics, Kor
S. Korea's childbirths hit record low of 0.79 in third quarter

2022.11.24 09:41

South Korea’s total fertility rate, which refers to the average number of children a woman bears in her lifetime, fell to 0.79 in the third quarter, hitting a record low. The number of babies born was the lowest since statistics were compiled on the same quarter, while the number of deaths was the highest due to the COVID-19 pandemic. The natural decline in the population continued for 35 months as the number of births declined and the number of death soared.According to the population data by Statistics Korea on the 23rd, the number of newborn babies in the third quarter (July-September) was
Incheon airport daily passenger count exceeds 100,000

2022.11.22 09:44

The number of daily passengers at Incheon International Airport exceeded 100,000. It is the first time in 2 years and 9 months that the daily passengers at Incheon International Airport have recovered to 100,000 since February 18, 2020.According to the Incheon International Airport Corporation on the 21st, the daily number of passengers at Incheon International Airport was 101,404 on the previous day.Incheon Airport was a gateway airport used by an average of 200,000 people a day in 2019.However, the number of passengers fell to 3,000 the following year due to COVID-19 pandemic. Since then, th
DRX to advance to Worlds finals, beating Gen.G

2022.11.01 09:46

In the semifinals of the League of Legends (LoL) World Championship, team DRX beat Gen.G, the No. 1 LoL professional team, and has advanced to finals.DRX (LCK) defeated Gen.G, a team from the same LCK, by a set score of 3-1 in the semifinals of the LOL World Championship held at State Farm Arena in Atlanta on the 31st.As a result, DRX has become the first team to advance to the final round as the fourth seed. It will challenge the Summoner’s Cup for the first time since its foundation.DRX joined the LoL World Championship as the fourth seed after the LoL Champions Korea (LCK) qualification ma
Hyundai Motor unveils future mobility and smart city projects

2022.11.01 09:44

Hyundai Motor Group unveiled its future smart city vision that organically connects mobility, logistics, energy, and nature. Hyundai Motor Group will unveil future smart city-related projects on Oct. 31, including the HMG Greenfield Smart City Reference Model, which was jointly studied with Yoo Hyun-joon Architecture Office, and industry-academic projects jointly conducted with Graduate School of Architecture and Urban Design-Our Faculty at Hongik University. The HMG Greenfield Smart City Reference Model shows ideal future city model promoted by Hyundai Motor Group. It is designed to minimize

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