by Teuvo Tuomi | Jul 3, 2025 | Asia, Korea, Lifestyle, News, Society
According to the Korean Peninsula Population Institute for Future, South Korea’s population could drop to 7.53 million by 2125, a sharp fall from the current 51.68 million. This would be even less than the current population of the city of Seoul alone, which is over...
by Teuvo Tuomi | Apr 15, 2025 | Asia, China, Economy, Japan, Korea, Trade
Just days before Donald Trump’s self-proclaimed “reciprocal” tariffs on most countries, South Korea, Japan, and China held their first economic talks in six years. The top trade officials of Seoul, Tokyo and Beijing all agreed to bolster cooperation in economy...
by Teuvo Tuomi | Jan 12, 2025 | Korea, Exports, Lifestyle, News
Korean beauty product exports have surpassed the $10 billion mark for the first time last year. According to the Ministry of Food and Drug Safety on Monday, Korean cosmetics exports reached $10.2 billion last year, a 20.6% increase on-year from $8.46 billion in 2023....
by Teuvo Tuomi | Dec 27, 2024 | Korea, Lifestyle, News, Society
South Korea has officially transitioned into a “superaged society,” with individuals aged 65 and older now constituting 20% of the registered population, according to data from the Ministry of the Interior and Safety. At the same time, President Yoon Suk Yeol’s vision...
by Teuvo Tuomi | Oct 11, 2024 | Korea, Asia, Food & Drinks, Lifestyle, Reports
According to a recent Agoda survey, 49% of tourists visited the country primarily for its culinary options. According to the poll, South Korea is the top food destination in Asia, with 64% of visitors citing food as their main reason for traveling, followed by Taiwan...
by Teuvo Tuomi | Sep 14, 2024 | Korea, Crime, News, Technology
South Korean police have arrested two former Samsung executives suspected of leaking Samsung secrets worth $3.2 billion to China. One of the arrested suspects, 66-year-old Mr. Choi, set up a joint venture building chips in China with some local officials and served as...