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AliExpress Fined 1.9 Billion Won for Leaking Korean Customer Information to 180,000 Entities
SEOUL, July 25 (Korea Bizwire) – The personal information watchdog fined AliExpress, a Chinese e-commerce retail platform, 1.9 …
Government to Reduce Inheritance Tax and Offer Tax Incentives for Corporate Investment and Marriage
SEOUL, July 25 (Korea Bizwire) – The government will push to reduce inheritance tax to reflect decades of changes in asset values and …
Incheon to Launch Ambitious Child Allowance Program
INCHEON, Jul. 24 (Korea Bizwire) – In a bold move to address the country’s declining birth rate, the city of Incheon announced on …
Lifestyle Life & Entertainment
Rural South Korean Towns See Tourism Boom Despite Population Decline
SEOUL, Jul. 26 (Korea Bizwire) – In the quiet countryside of South Korea, a surprising trend is emerging. Towns like Gurye in South …
Taekwondo Athlete Ready to Have Fun after Years of Frustrating Misses
PARIS, Jul. 26 (Korea Bizwire) — South Korean taekwondo practitioner Lee Da-bin has won everything that an athlete in her martial art …
Summer Vacation Divides South Koreans, Survey Reveals
SEOUL, Jul. 26 (Korea Bizwire) – A recent survey conducted by KB Kookmin Card has shed light on South Koreans’ attitudes towards …
Technology What’s Trending
Samsung Galaxy Narrows Satisfaction Gap with Apple iPhone, Survey Finds
SEOUL, Jul. 26 (Korea Bizwire) – In a recent survey, Samsung Galaxy users reported nearly identical satisfaction levels to those of …
Apple May End Sony’s Monopoly, Turn to Samsung for iPhone Camera Sensors
SEOUL, Jul. 26 (Korea Bizwire) – In a potential shake-up of its supply chain, Apple is expected to diversify its camera sensor …
LG Electronics Sees Subscription Services and B2B Growth as Key to Future Success
SEOUL, July 25 (Korea Bizwire) – South Korean tech giant LG Electronics is making significant strides in its subscription-based …
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Business Business & Industry
Hanwha Ocean Picked as Preferred Bidder for S. Korean Navy’s Logistics Support Ship
SEOUL, Jul. 26 (Korea Bizwire) — Hanwha Ocean Co., a shipbuilding and defense industry unit of South Korea’s Hanwha Group, said …
Customers Throng TMON, WeMakePrice for Refunds as Liquidity Woes Persist
SEOUL, Jul. 26 (Korea Bizwire) — Thousands of customers have swarmed the headquarters of TMON and WeMakePrice, two local affiliates …
Mercedes-Maybach Unveils First Electric SUV in South Korea, Targeting Luxury EV Market
SEOUL, July 25 (Korea Bizwire) – In a bold move to redefine ultra-luxury in the electric vehicle era, Mercedes-Benz has introduced …
Marketplace News Release
Junshi Biosciences Announces Positive Opinion from the European Medicines Agency’s CHMP For Toripalimab
SHANGHAI, July 26, 2024 (Korea Bizwire) – Shanghai Junshi Biosciences Co., Ltd (Junshi Biosciences, HKEX: 1877; SSE: 688180), a …
VCI Global Enters Into AI Computing Alliance (AICA) Led by Enlight Corporation and Supermicro
KUALA LUMPUR, Malaysia, July 26, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global”, …
Sustainability Economics Partners with PT SUCOFINDO, a State-owned Company of Indonesia, to Accelerate the Transition of Coal-fired Power Plants to Clean Energy Sources in Indonesia
Sustainability Economics, an international entity providing end-to-end net-zero solutions for high emitting sectors, brings in …