SEOUL, Nov. 27 (Korea Bizwire) – Toyota Korea announced on November 26 the official launch of its 2025 Camry Hybrid, which will be available at Toyota dealerships nationwide from December 2. The Camry, first introduced to the Korean market in 2009, has been a global favorite for over 40 years due to its high quality and [...]
SEOUL, Nov. 26 (Korea Bizwire) – “All cosmetic samples for just 10,000 won.” Such listings have become increasingly common on Danggeun Market, South Korea’s popular secondhand trading platform, reflecting a growing divide in the nation’s beauty market amid persistent inflation. While some consumers hunt for bargain cosmetics and sample-size products, others flock to luxury brands like [...]
SEOUL, Nov. 26 (Korea Bizwire) – South Korea has seen a dramatic rise in cases of overseas leaks involving its critical technologies, with 10 such incidents uncovered this year—five times more than in 2023, according to the National Investigation Headquarters (NIH) of the Korean National Police Agency (KNPA) on Monday. Between January and October, the NIH detected [...]
SEOUL, Nov. 26 (Korea Bizwire) — Hanwha Aerospace Co. said Tuesday it has won a 473 billion-won (US$336.6 million) contract from Korea Aerospace Industries Ltd. to supply components for South Korea’s next-generation KF-21 fighter jets. Under the deal, Hanwha Aerospace will supply key components, including the auxiliary power unit, as well as propulsion, landing, drive [...]
BUENOS AIRES, Nov. 26 (Korea Bizwire) – At the Libertad Palace (formerly CCK Center), Argentina’s largest multipurpose cultural venue, screens throughout the lobby announce “Korean Culture Month,” highlighting a diverse array of events that showcase South Korea’s cultural heritage. In a fitting tribute from the first nation to establish Kimchi Day as a national holiday through [...]
SEOUL, Nov. 26 (Korea Bizwire) — Min Hee-jin, the former CEO of K-pop label ADOR, has filed a criminal complaint against its parent company’s public relations executives, alleging misconduct related to their duties in promoting the label’s girl group NewJeans, Min’s representatives said Tuesday. Min filed the complaint with Seoul’s Yongsan Police Station on Monday, [...]
SEOUL, Nov. 26 (Korea Bizwire) — Eighteen people were injured after a fire broke out at a motel in Hwaseong, 44 kilometers south of Seoul, on Monday night, a local fire station said Tuesday. The four-story, 30-room motel in Hwaseong’s Bongdam district was engulfed in flames shortly after 10 p.m. Monday before being extinguished by [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korea’s exports of dried seaweed products have already reached a new annual high this year, driven by growing global demand for healthier foodstuffs, data showed Tuesday. Outbound shipments of dried seaweed, called “gim” in Korean, reached US$850 million during the January-October period, already surpassing the previous annual record [...]
SEOUL, Nov. 26 (Korea Bizwire) — Samsung C&T Corp. said Tuesday it has won a power plant construction project worth approximately 4 trillion won (US$2.85 billion) from Qatar’s state power company. Under a consortium with Japan’s Sumimoto Corp., Samsung C&T will build a power plant complex that will also include a desalination facility in the [...]
SEOUL, Nov. 26 (Korea Bizwire) — North Korea has cut power lines installed by South Korea to supply electricity to a now-shuttered joint industrial park in the North Korean border city of Kaesong, South Korea’s military said, the latest in Pyongyang’s move to sever inter-Korean ties. The military has detected North Korean soldiers removing part [...]