SEOUL, Nov. 25 (Korea Bizwire) — Three infielders were named winners of the top defensive award in South Korean baseball for the second straight year Monday. The Korea Baseball Organization (KBO) announced the winners in the catcher and four infield positions for its second annual KBO Fielding Award on Monday. Three of the four infield [...]
SEOUL, Nov. 25 (Korea Bizwire) — LG Group is ramping up its focus on the future by actively appointing talent in key emerging fields—artificial intelligence (AI), biotechnology, and clean tech (collectively referred to as ‘ABC’). The company is reshaping its business portfolio to enhance innovation and create new customer value, with a particular emphasis on [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korea has designated May 27 as Aerospace Day to commemorate the launch of the Korea AeroSpace Administration (KASA) and proclaim the country’s commitment to becoming a global space power, the national space agency said Monday. The day will be commemorated as a national memorial day starting next year, [...]
POHANG, South Korea, Nov. 25 (Korea Bizwire) — A POSCO factory in the southeastern city of Pohang has suffered its second fire in two weeks, officials said Monday, with no casualties reported. The fire started at the steel company’s patented No. 3 Finex furnace of the plant, located some 270 kilometers southeast of Seoul, at [...]
SEOUL, Nov. 25 (Korea Bizwire) — The SSG Landers announced Monday they will bring back Cuban outfielder Guillermo Heredia for his third straight season in South Korea. The Landers said Heredia, the 2024 batting champion in the Korea Baseball Organization (KBO), agreed to a new one-year deal worth up to US$1.8 million. He will earn [...]
SEJONG, Nov. 25 (Korea Bizwire) — The national pension fund said Monday that the number of its recipients reached 7 million this month, marking the first time the milestone has been reached since its launch in 1988. “More than half of South Koreans aged 65 and above are currently receiving national pension,” the National Pension [...]
SEOUL, Nov. 25 (Korea Bizwire) — The government will seek to revitalize Korean language education in foreign elementary and middle schools, the Ministry of Education said Monday, amid growing overseas interest in Korean after author Han Kang’s recent Nobel Prize in literature award. To that end, it will establish a new specialized organization to devise [...]
TOKYO, Nov. 25 (Korea Bizwire) — The Japanese government on Monday expressed regret over South Korea boycotting a Japan-led event honoring wartime forced labor victims, including Koreans, from an old Japanese mine complex. The remark came as South Korea boycotted the memorial held on Sado Island, off Japan’s west coast, on Sunday and held its [...]
SEOUL, Nov. 25 (Korea Bizwire) — Kia, LG Electronics, and Samsung Electronics have been ranked among the top companies for engineers in the United States by Forbes, highlighting their strong reputation in the competitive local job market. According to an industry report on Sunday, Forbes, in collaboration with market research firm Statista, published a list [...]
SEOUL, Nov. 25 (Korea Bizwire) – Following the recent suicide of a single mother in her 30s who was harassed by loan sharks, experts are calling for stronger enforcement of debt collection laws amid continuing reports of illegal collection practices. According to the Supreme Court’s Judicial Yearbook released November 24, only 13 cases (16.7%) out of [...]