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After 20 Years, South Korea’s Endangered Moon Bears Make a Remarkable Recovery

After 20 Years, South Korea’s Endangered Moon Bears Make a Remarkable Recovery

SEJONG, Oct. 30 (Korea Bizwire) – Two decades after launching an ambitious species restoration project, South Korea has succeeded in bringing its native Asiatic black bears, also known as moon bears, back from the brink of extinction. The population has grown to approximately 80 bears in the wild, marking a significant conservation milestone.  These bears, which [...]

6 in 10 South Korean College Job Seekers Are ‘Passive,’ Survey Finds

6 in 10 South Korean College Job Seekers Are ‘Passive,’ Survey Finds

SEOUL, Oct. 30 (Korea Bizwire) – A new survey has revealed that 60.5% of South Korean college students and recent graduates are “passive job seekers,” highlighting growing concerns about the country’s employment market for young people. The Federation of Korean Industries (FKI) surveyed 2,938 students and graduates from four-year universities nationwide for their “2024 University Student [...]

S. Korea’s Space Agency Join Hands with NASA to Conduct Studies on Artemis Program

S. Korea’s Space Agency Join Hands with NASA to Conduct Studies on Artemis Program

SEOUL, Oct. 30 (Korea Bizwire) — South Korea’s national space agency said Wednesday it will join hands with the U.S. National Aeronautics and Space Administration (NASA) to conduct studies related to the moon exploration Artemis program. The Korea AeroSpace Administration (KASA) has signed a study agreement on the Artemis program with NASA, aimed at conducting [...]

Avance Clinical CEO and Asia Director Sign MOUs with Key Clinical Trial Sites in Korea around 2024 KoNECT

Avance Clinical CEO and Asia Director Sign MOUs with Key Clinical Trial Sites in Korea around 2024 KoNECT

WAKE FOREST, N.C. and ADELAIDE, Australia , Oct. 29 (Korea Bizwire) – Avance Clinical, a leading full-service global Contract Research Organization (CRO) known for delivering high-quality, agile clinical research services, is proud to announce the signing of three significant Memorandums of Understanding (MOUs) with key Korean clinical sites during KoNECT 2024 conference. Avance Clinical CEO Yvonne [...]

S. Korea Cuts Steel on 3rd 3,600-ton Naval Submarine

S. Korea Cuts Steel on 3rd 3,600-ton Naval Submarine

SEOUL, Oct. 30 (Korea Bizwire) — South Korea has cut steel for its third and last 3,600-ton-class naval submarine, the state arms procurement agency said Wednesday, amid efforts to bolster underwater defense capabilities against North Korean threats. The steel-cutting ceremony for the final series of three Changbogo-III Batch-II class submarines took place at shipbuilder Hanwha [...]

Annual World-OKTA Convention Opens in Europe for First Time

Annual World-OKTA Convention Opens in Europe for First Time

SEOUL, Oct. 30 (Korea Bizwire) — An annual conference of South Korean business leaders from around the world is successfully under way in Vienna after its opening ceremony at the Austria Center Vienna earlier this week, organizers said Wednesday. The World Federation of Overseas Korean Traders Association (World-OKTA) opened its 28th leaders’ convention in the [...]

N. Korea, Russia Hold Joint IT Exhibition in Pyongyang for 1st Time in 18 Yrs

N. Korea, Russia Hold Joint IT Exhibition in Pyongyang for 1st Time in 18 Yrs

SEOUL, Oct. 30 (Korea Bizwire) — A joint exhibition aimed at promoting information technology exchanges between North Korea and Russia has opened in Pyongyang, the North’s state media said Wednesday, marking their first such event in 18 years. The exhibition, held at the People’s Palace of Culture, opened Tuesday, according to the Korean Central News [...]

Hyundai Motor Signs 610 GWh Renewable Energy Deal with Domestic Partners

Hyundai Motor Signs 610 GWh Renewable Energy Deal with Domestic Partners

SEOUL, Oct. 30 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it has signed a 610-gigawatt-hour (GWh) power purchase agreement (PPA) with SK E&S Co. and other partners, the latest in its renewable energy transition efforts. The automotive giant said its renewable energy supply deal with SK E&S, Hyundai Engineering & Construction Co., GS E&R [...]

Hyundai Motor Offers First Look of Upcoming Ioniq 9 Electric SUV

Hyundai Motor Offers First Look of Upcoming Ioniq 9 Electric SUV

SEOUL, Oct. 30 (Korea Bizwire) — Hyundai Motor Co. on Wednesday unveiled a teaser image of its upcoming all-electric Ioniq 9 sports utility vehicle, highlighting its massive-yet-sleek exterior design. The teaser for the three-row electric SUV presents the overall silhouette and the model’s elongated wheelbase. Hyundai said the Ioniq 9 draws inspiration from the sleek [...]

Hybe Pledges Quick Normalization of ADOR, Progress in Min’s Producer Contract

Hybe Pledges Quick Normalization of ADOR, Progress in Min’s Producer Contract

SEOUL, Oct. 30 (Korea Bizwire) — Following a court ruling dismissing former ADOR CEO Min Hee-jin’s injunction request for reinstatement, Hybe has committed to swiftly “stabilizing” the sublabel, industry sources said Wednesday. Lee Jae-sang, CEO of K-pop powerhouse Hybe, shared the plan in an email sent to the company’s employees Tuesday afternoon, shortly after the [...]