Korea Bizwire

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Korea Bizwire is committed to reporting on "uniquely Korean" stories for our readers. But we also provide enhanced coverage of useful news from all over the world if we find them of interest or relevance to our global audience. Senior editors and staff reporters of Korea Bizwire, also members of Kobiz Media Co., Ltd, the parent company of this outlet, are highly experienced in business information

analysis and report writing, with former chief-editor and other senior level editors working with the nation's top-tier news media which include English publication of Samsung Economic Research Institute (SERI), Korea Economic Weekly, Business Korea, KBS World and other top-tier media outlets. Kobiz Media offers highly competent press release distribution and localization services aimed at South Korea -- increasingly important and attractive market for global businesses who want to have an upper hand in Asia Pacific region since Korea serves as a stepping-stone for forward-looking brands' future success in this lucrative markets.

The South Korean government is set to intensify its efforts to reduce wildlife roadkill by designating and managing 100 ...
28/12/2024

The South Korean government is set to intensify its efforts to reduce wildlife roadkill by designating and managing 100 high-risk road segments, up from the previous 50, according to a joint announcement by the Ministry of Environment and the Ministry of Land, Infrastructure and Transport on December 26.

SEOUL, Dec. 27 (Korea Bizwire) — The South Korean government is set to intensify its efforts to reduce wildlife roadkill by designating …

The Ulsan Foreign Resident Support Center is hosting a photography exhibition, A Special Day in Ulsan, from December 24 ...
27/12/2024

The Ulsan Foreign Resident Support Center is hosting a photography exhibition, A Special Day in Ulsan, from December 24 to 30 at the Ulsan Culture and Arts Center.

ULSAN, Dec. 27 (Korea Bizwire) — The Ulsan Foreign Resident Support Center is hosting a photography exhibition, A Special Day in Ulsan, …

South Korea’s 10 largest conglomerates have nearly doubled their corporate bond issuance over the past two years to mana...
27/12/2024

South Korea’s 10 largest conglomerates have nearly doubled their corporate bond issuance over the past two years to manage increasing financial burdens.

SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s 10 largest conglomerates have nearly doubled their corporate bond issuance over the …

The “2024 Trend Report,” based on a comprehensive survey of 10,000 individuals aged 20 to 69, reveals that Millennials e...
26/12/2024

The “2024 Trend Report,” based on a comprehensive survey of 10,000 individuals aged 20 to 69, reveals that Millennials earn an average monthly income of 3.5 million won ($2,414). They allocate approximately 1.5 million won ($1,034) for spending, 813,000 won ($561) for savings or investments, and 333,000 won ($230) for debt repayment.

SEOUL, Dec. 26 (Korea Bizwire) —In the ever-evolving economic landscape of South Korea, Millennials—those born in the 1980s—have …

Netflix’s Squid Game 2, the much-anticipated sequel to the streaming giant’s global phenomenon, delivers a compelling mi...
26/12/2024

Netflix’s Squid Game 2, the much-anticipated sequel to the streaming giant’s global phenomenon, delivers a compelling mix of continuity and reinvention.

SEOUL, Dec. 26 (Korea Bizwire) — Netflix’s Squid Game 2, the much-anticipated sequel to the streaming giant’s global …

A recent survey revealed that small business owners using self-service kiosks are saving labor costs equivalent to emplo...
26/12/2024

A recent survey revealed that small business owners using self-service kiosks are saving labor costs equivalent to employing approximately one staff member. However, the cost of adoption and operational hurdles remain significant concerns.

SEOUL, Dec. 26 (Korea Bizwire) —A recent survey revealed that small business owners using self-service kiosks are saving labor costs …

Amid a surge in protests following the impeachment motion against President Yoon Suk Yeol, calls for eco-friendly demons...
26/12/2024

Amid a surge in protests following the impeachment motion against President Yoon Suk Yeol, calls for eco-friendly demonstration practices are gaining momentum in South Korea. Environmental activists and concerned citizens are urging organizers to minimize ecological harm during public rallies.

SEOUL, Dec. 25 (Korea Bizwire) — Amid a surge in protests following the impeachment motion against President Yoon Suk Yeol, calls for …

LG Electronics plans to introduce two new concepts for its plant cultivation appliance, “LG Tiiun,” at CES 2025, the wor...
25/12/2024

LG Electronics plans to introduce two new concepts for its plant cultivation appliance, “LG Tiiun,” at CES 2025, the world’s largest consumer electronics and IT exhibition.

SEOUL, Dec. 25 (Korea Bizwire) — LG Electronics plans to introduce two new concepts for its plant cultivation appliance, “LG …

In a landmark decision, South Korea’s Supreme Court has ruled that online sexual insults do not qualify as a sexual offe...
25/12/2024

In a landmark decision, South Korea’s Supreme Court has ruled that online sexual insults do not qualify as a sexual offense under the country’s criminal code unless there is clear intent to satisfy “sexual desire.”

SEOUL, Dec. 25 (Korea Bizwire) — In a landmark decision, South Korea’s Supreme Court has ruled that online sexual insults do not …

South Korea’s cryptocurrency market has experienced a significant surge in investors, coinciding with the U.S. president...
25/12/2024

South Korea’s cryptocurrency market has experienced a significant surge in investors, coinciding with the U.S. presidential election and growing optimism around President-elect Donald Trump’s pro-crypto policies.

SEOUL, Dec. 25 (Korea Bizwire) — South Korea’s cryptocurrency market has experienced a significant surge in investors, coinciding …

Capable of supplying hot water at up to 70°C and maintaining 100% heating performance in temperatures as low as -25°C, t...
25/12/2024

Capable of supplying hot water at up to 70°C and maintaining 100% heating performance in temperatures as low as -25°C, the EHS aims to cater to diverse climatic needs while delivering eco-friendly heating solutions.

SEOUL, Dec. 25 (Korea Bizwire) — Samsung Electronics announced plans to unveil its home heat pump system, “EHS” (Eco Heating …

Taiwan’s stock market has emerged as the top performer among Asia-Pacific’s major indices in 2024, while South Korea’s b...
25/12/2024

Taiwan’s stock market has emerged as the top performer among Asia-Pacific’s major indices in 2024, while South Korea’s benchmark Kospi index lags near the bottom, weighed down by domestic and global challenges.

SEOUL, Dec. 25 (Korea Bizwire) — Taiwan’s stock market has emerged as the top performer among Asia-Pacific’s major indices in 2024, …

South Korea has officially entered the ranks of a “super-aged society,” with one in five residents now aged 65 or older,...
25/12/2024

South Korea has officially entered the ranks of a “super-aged society,” with one in five residents now aged 65 or older, sparking renewed debate over raising the official age threshold for seniors.

SEOUL, Dec. 25 (Korea Bizwire) — South Korea has officially entered the ranks of a “super-aged society,” with one in five …

A South Korean firefighter with two decades of experience has developed a specialized stretcher attachment designed to s...
23/12/2024

A South Korean firefighter with two decades of experience has developed a specialized stretcher attachment designed to safely transport children in ambulances.

DONGDUCHEON, Dec. 23 (Korea Bizwire) – A South Korean firefighter with two decades of experience has developed a specialized stretcher …

On December 14, as South Korea’s National Assembly voted on the impeachment of President Yoon Suk-yeol, two distinct pro...
22/12/2024

On December 14, as South Korea’s National Assembly voted on the impeachment of President Yoon Suk-yeol, two distinct protests unfolded in Seoul, revealing stark generational and cultural divides.

SEOUL, Dec. 21 (Korea Bizwire) – On December 14, as South Korea’s National Assembly voted on the impeachment of President Yoon …

South Korea’s potential growth rate is projected to fall below 2% next year, signaling challenges for the nation’s long-...
21/12/2024

South Korea’s potential growth rate is projected to fall below 2% next year, signaling challenges for the nation’s long-term economic sustainability, according to a report released by the Bank of Korea (BOK) on December 19.

SEOUL, Dec. 20 (Korea Bizwire) – South Korea’s potential growth rate is projected to fall below 2% next year, signaling challenges for …

A former Samsung executive has been indicted for arranging the transfer of key semiconductor experts to a Chinese compan...
21/12/2024

A former Samsung executive has been indicted for arranging the transfer of key semiconductor experts to a Chinese company in exchange for approximately ₩300 million ($207,000) in referral fees.

SEOUL, Dec. 20 (Korea Bizwire) – A former Samsung executive has been indicted for arranging the transfer of key semiconductor experts to …

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