Bank of Korea Governor Shin Hyun-song: Prepare for Demographic Changes
Shin Hyun-song, Governor of the Bank of Korea, described demographic changes as a "formidable challenge" but emphasized that it is possible to foresee these changes and prepare accordingly. He noted that advancements in artificial intelligence (AI) and productivity could present new opportunities in an era of declining population.Shin made these remarks on September 2 during the opening of the conference titled "The Economics of Aging and Longevity: From Challenges to Opportunities," co-hosted b
Bank of Korea Hosts International Conference on Aging Population and Low Birth Rates
The Bank of Korea is hosting an international conference to reassess the impact of an aging population and low birth rates on the economy and to explore new policy responses. Research is expected to show that low birth rates do not necessarily constrain economic growth, and the scarcity of young labor may actually promote the development of labor-saving technologies such as automation.The conference, titled 'The Economics of Population Aging and Longevity: From Challenges to Opportunities,' is b
Urban Zakapa and 10CM to Surprise Perform at Art Forest Festival in October
The Korea Arts and Culture Education Service (Arko) announced on September 2 that the lineup and main programs for the '2026 Art Forest Festival WITH Background Live' will take place at the Seoul Children's Grand Park on October 3.This year's festival will feature surprise live performances by Urban Zakapa, 10CM, and a hidden artist who will be revealed on the day of the event, all without a separate stage.Experience programs with artists such as pianist Yoon Han, DJ Joseph, AnnoyingBox, artist
Busan Education Office Hosts National Robot Qualifiers Without Clear Participation Goals
A national qualifying event for the World Youth Robot Championship will be held in Busan next year.However, the Busan City Education Office has not set any expected participation scale or goals as registration began, and it appears that the department has not specifically tracked last year's participation data or the performance of Busan students in related events.The Busan City Education Office announced that it will host the '2027 Robot National Qualifiers' on November 28 at the Busan Port Int
Roberto Moreno Appointed Interim Coach of South Korean National Soccer Team
Roberto Moreno, a Spanish national, has been appointed as the interim head coach of the South Korean national soccer team. This decision comes about two months after former coach Hong Myung-bo resigned following the team's exit from the group stage of the 2026 FIFA World Cup in North and Central America. This marks the first time a Spanish national has taken the helm of South Korea's A team.The Korea Football Association approved the appointment of Moreno and five other interim coaching staff du
KOSPI Plummets Nearly 3% at Open Amid Weak U.S. Markets
KOSPI opened nearly 3% lower due to the impact of weak U.S. markets but has slightly reduced its losses thanks to early buying by individual investors. As of 9:07 a.m. on September 2, the KOSPI index was down 192.47 points (2.82%) at 6,643.33. The index started at 6,625.47, down 210.33 points (3.08%) from the previous trading day, before slightly recovering. In the securities market, individual investors have made a net purchase of 521.7 billion won. In contrast, foreign and institutional inv
Consumer Prices Rise 3.1% in August Amid Service and Industrial Price Increases
Consumer prices rose by 3.1% in August, marking a return to the 3% range after a month. While prices for agricultural, livestock, and fishery products decreased, the prices of services and industrial goods continued to rise. A significant increase in mobile phone fees, attributed to a base effect from last year's discounts, contributed to the overall inflation rate. Excluding volatile items, core inflation also surged to the mid-3% range.According to the National Data Agency's 'Consumer Price Tr
Trip.com Wins 'Brand of the Year' for Seventh Consecutive Year
Trip.com has been awarded the 'Brand of the Year' in the travel services category for the seventh consecutive year, as determined by consumer voting. This year, over 770,000 consumers participated in the selection process.On September 1, Trip.com announced its recognition at the '2026 Brand of the Year' awards ceremony held at the Shilla Hotel in Seoul.Now in its 24th year, the Brand of the Year awards are organized by the Korea Consumer Brand Committee. Brands are selected through consumer voti
September Mock Exam Sets Direction for 2027 College Entrance Exam
The final official mock exam for the 2027 College Scholastic Ability Test (CSAT) began nationwide, providing a glimpse into the exam's direction and difficulty. The Korea Institute for Curriculum and Evaluation announced that it has thoroughly excluded so-called 'killer questions' that require problem-solving techniques often practiced in private education, ensuring that students who have studied diligently within the public education curriculum can adequately tackle the exam.The September mock
Roborock Hosts Hands-On Robotics Education for High School Students
Roborock Korea announced it conducted a hands-on robotics education program for high school students on September 2.From August 27 to 28, Roborock Korea held a 'Spark Seminar' for students participating in the '2nd Seoul Student Robotics Competition (SSRC),' organized by the Seoul Metropolitan Office of Education.About 20 high school students from the Seoul area participated in reverse engineering exercises, disassembling five different models of Roborock robot vacuums to analyze their internal