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.

While largely unfamiliar to South Korean audiences, Polish posters from the mid-20th century played a crucial role in sh...
02/02/2025

While largely unfamiliar to South Korean audiences, Polish posters from the mid-20th century played a crucial role in shaping global graphic design. Unlike traditional posters designed to clearly convey information, Polish artists adopted a more abstract and conceptual approach, making their work highly distinctive. This movement became known as the “Polish Poster School.”

YANGPYEONG, South Korea, Feb. 2 (Korea Bizwire) — For decades, Oh Hwang-taek, chairman of the Dooyang Cultural Foundation, has been …

Sales of imported luxury cars priced over 100 million KRW (approximately $70,000) declined in South Korea for the first ...
02/02/2025

Sales of imported luxury cars priced over 100 million KRW (approximately $70,000) declined in South Korea for the first time in eight years, impacted by economic downturns and new regulations on corporate vehicle registration.

SEOUL, Feb. 1 (Korea Bizwire) — Sales of imported luxury cars priced over 100 million KRW (approximately $70,000) declined in South …

South Korea’s e-commerce giants are increasingly venturing into the luxury goods market, seeking new revenue streams ami...
02/02/2025

South Korea’s e-commerce giants are increasingly venturing into the luxury goods market, seeking new revenue streams amid a slowdown in industry growth over the past few years.

SEOUL, Feb. 1 (Korea Bizwire) — South Korea’s e-commerce giants are increasingly venturing into the luxury goods market, seeking new …

A recent survey indicates that a majority of South Koreans support increasing inheritance tax rates, contradicting calls...
02/02/2025

A recent survey indicates that a majority of South Koreans support increasing inheritance tax rates, contradicting calls from business groups and conservatives to ease the tax burden.

SEOUL, Feb. 1 (Korea Bizwire) — A recent survey indicates that a majority of South Koreans support increasing inheritance tax rates, …

While students, parents, and teachers broadly acknowledge the authority of teachers as professionals, a new survey revea...
02/02/2025

While students, parents, and teachers broadly acknowledge the authority of teachers as professionals, a new survey reveals a significant gap between this recognition and the actual respect and autonomy afforded to educators in South Korea.

SEOUL, Jan. 31 (Korea Bizwire) — While students, parents, and teachers broadly acknowledge the authority of teachers as professionals, …

A new report reveals that South Koreans with higher incomes are significantly more likely to engage in physical activiti...
31/01/2025

A new report reveals that South Koreans with higher incomes are significantly more likely to engage in physical activities such as walking, aerobic exercise, and strength training, exacerbating health disparities linked to income levels.

SEOUL, Jan. 31 (Korea Bizwire) — A new report reveals that South Koreans with higher incomes are significantly more likely to engage …

South Korea’s female su***de rate is projected to worsen through 2030, rising from 15.1 to 16.6 per 100,000 people, even...
30/01/2025

South Korea’s female su***de rate is projected to worsen through 2030, rising from 15.1 to 16.6 per 100,000 people, even as the overall national su***de rate declines, according to a government health report.

SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s female su***de rate is projected to worsen through 2030, rising from 15.1 to 16.6 …

As South Korea approaches the milestone of 10 million senior citizens aged 65 and older, businesses are being urged to t...
30/01/2025

As South Korea approaches the milestone of 10 million senior citizens aged 65 and older, businesses are being urged to tap into the rising purchasing power of this demographic, according to a new report from the Korea Chamber of Commerce and Industry (KCCI).

SEOUL, Jan. 30 (Korea Bizwire) — As South Korea approaches the milestone of 10 million senior citizens aged 65 and older, businesses …

South Korea’s fashion and beauty industries are gaining significant traction in Japan, driven by the global popularity o...
30/01/2025

South Korea’s fashion and beauty industries are gaining significant traction in Japan, driven by the global popularity of K-pop and Korean dramas. Industry players are leveraging this momentum with targeted efforts to expand their presence in the Japanese market.

SEOUL, Jan. 29 (Korea Bizwire) — South Korea’s fashion and beauty industries are gaining significant traction in Japan, driven …

South Korean drug manufacturers are rapidly expanding their presence in the global autoimmune disease treatment market, ...
30/01/2025

South Korean drug manufacturers are rapidly expanding their presence in the global autoimmune disease treatment market, challenging the longtime dominance of Western pharmaceutical giants.

SEOUL, Jan. 30 (Korea Bizwire) — South Korean drug manufacturers are rapidly expanding their presence in the global autoimmune disease …

In a significant shift within South Korea’s beauty industry, “inner beauty” supplements are gaining momentum as the next...
30/01/2025

In a significant shift within South Korea’s beauty industry, “inner beauty” supplements are gaining momentum as the next frontier of K-beauty, marking a transition from traditional cosmetics to ingestible beauty products.

SEOUL, Jan. 30 (Korea Bizwire) — In a significant shift within South Korea’s beauty industry, “inner beauty” …

In times of hardship, the adage holds true: laughter offers solace. As economic uncertainty persists in 2025, audiences ...
30/01/2025

In times of hardship, the adage holds true: laughter offers solace. As economic uncertainty persists in 2025, audiences are increasingly drawn to lighthearted content that provides an escape from the pressures of daily life.

SEOUL, Jan. 29 (Korea Bizwire) — In times of hardship, the adage holds true: laughter offers solace. As economic uncertainty persists in …

Faced with a sharp decline in monastic ordinations, South Korea’s Jogye Order of Korean Buddhism is striving to engage y...
30/01/2025

Faced with a sharp decline in monastic ordinations, South Korea’s Jogye Order of Korean Buddhism is striving to engage younger generations in an effort to sustain its future.

SEOUL, Jan. 29 (Korea Bizwire) — Faced with a sharp decline in monastic ordinations, South Korea’s Jogye Order of Korean Buddhism is …

The planned Saemangeum International Airport in South Korea is at the center of heated debate, with environmental groups...
30/01/2025

The planned Saemangeum International Airport in South Korea is at the center of heated debate, with environmental groups and regional authorities clashing over its potential bird strike risks.

JEONJU, South Korea, Jan. 28 (Korea Bizwire) — The planned Saemangeum International Airport in South Korea is at the center of heated …

The emergence of Chinese AI startup DeepSeek has sent shockwaves through the global tech industry, challenging dominant ...
28/01/2025

The emergence of Chinese AI startup DeepSeek has sent shockwaves through the global tech industry, challenging dominant players like Nvidia and raising questions about the future dynamics of the AI and semiconductor sectors.

SEOUL, Jan. 28 (Korea Bizwire) — The emergence of Chinese AI startup DeepSeek has sent shockwaves through the global tech industry, …

The number of pets traveling on Korean Air flights has more than doubled over the past four years, reflecting the growin...
28/01/2025

The number of pets traveling on Korean Air flights has more than doubled over the past four years, reflecting the growing demand for pet-friendly travel.

SEOUL, Jan. 28 (Korea Bizwire) — The number of pets traveling on Korean Air flights has more than doubled over the past four years, …

Once a cornerstone of youth culture in South Korea, PC cafés—known locally as “PC bangs”—are vanishing at an acceleratin...
28/01/2025

Once a cornerstone of youth culture in South Korea, PC cafés—known locally as “PC bangs”—are vanishing at an accelerating rate. According to the National Tax Service’s statistical portal, the number of PC cafés nationwide stood at 7,280 as of October 2024, a sharp 7.6% drop from the 7,858 recorded a year prior.

SEOUL, Jan. 28 (Korea Bizwire) — Once a cornerstone of youth culture in South Korea, PC cafés—known locally as “PC bangs”—are …

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