SEOUL, Dec. 24 (Korea Bizwire) — The transport ministry said Tuesday it will launch an aviation seatbelt awareness campaign to prevent turbulence-related accidents during flights, amid the year-end travel season, currently under way. The campaign, running from Wednesday through Feb. 2, aims to raise awareness about the dangers of turbulence during flights and the importance [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea has approved an enforcement decree to accelerate the development of autonomous vessels, laying the groundwork for global leadership in the rapidly growing industry, the industry ministry said Tuesday. The enforcement decree on the act for the development of autonomous vessels was passed during a Cabinet meeting held [...]
SEOUL, Dec. 24 (Korea Bizwire) — Song Min-ho of K-pop group WINNER has been discharged from the military, industry sources said Tuesday, amid allegations that he did not fulfill his duties properly. The sources said Song completed his mandatory service as a social service agent at a facility in Seoul’s Mapo district the previous day. [...]
SEOUL, Dec. 24 (Korea Bizwire) — The main opposition Democratic Party (DP) vowed Tuesday to immediately take steps to impeach acting President Han Duck-soo over his refusal to promulgate two special counsel bills targeting President Yoon Suk Yeol and first lady Kim Keon Hee. Rep. Park Chan-dae, the DP floor leader, made the remark shortly [...]
SEOUL, Dec. 24 (Korea Bizwire) — The nine-time South Korean football champions Jeonbuk Hyundai Motors announced Tuesday former Premier League tactician Gus Poyet will be their new head coach. Poyet, the 57-year-old from Uruguay, most recently coached the Greece men’s national team from 2022 to 2024. He was also interviewed for the South Korean men’s national [...]
SEOUL, Dec. 24 (Korea Bizwire) — LG Display and Hanwha Solutions have jointly developed eco-friendly cushioning packaging made from post-consumer recycled (PCR) plastics, the companies announced on December 23, 2024. This new packaging is tailored for electronic components and aligns with global sustainability efforts. The two firms collaborated over two years to achieve quality comparable [...]
SEOUL, Dec. 24 (Korea Bizwire) — According to life-cycle statistics for 2023 released by Statistics Korea on December 23, one in three South Koreans aged 65 and above are now employed, while about 80% of both young (15-39) and elderly households consist of one or two people. The administrative data, compiled from various government departments and [...]
SEOUL, Dec. 24 (Korea Bizwire) — A recent Bank of Korea survey reveals that one in three major South Korean export companies anticipates a decrease in exports next year, citing intensifying competition from China and potential impacts from a second Trump administration among key concerns. According to the central bank’s regional economic report released on December [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s manufacturing and export sectors, the backbone of its economy, are bracing for significant challenges in early 2025 due to rising global trade tensions and domestic political instability. Concerns are growing over protectionist policies from major economies, particularly under the incoming Trump administration, and a leadership void in [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea is grappling with a surge in obesity and e-cigarette use, even as traditional smoking declines and physical activity rates improve, according to a nationwide health survey released by the Korea Disease Control and Prevention Agency (KDCA). The survey, conducted among 230,000 adults across 258 health centers, revealed [...]