Korea Bizwire, Author at Be Korea-savvy | Page 267 of 722
8 in 10 South Korean Workers Say Subcontractors Face Unfair Treatment

8 in 10 South Korean Workers Say Subcontractors Face Unfair Treatment

SEOUL, Sept. 23 (Korea Bizwire) – A recent survey has revealed that more than 80% of South Korean workers believe subcontracted laborers do not receive fair treatment, highlighting deep-seated concerns about labor practices in Asia’s fourth-largest economy.  The civic group Gabjil 119, which combats workplace abuse, commissioned the poll conducted by Global Research. The survey, which [...]

Hanwha Ocean Partners with U.S. ABS to Co-develop Offshore Solutions

Hanwha Ocean Partners with U.S. ABS to Co-develop Offshore Solutions

SEOUL, Sept. 23 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has signed a partnership with the American Bureau of Shipping to jointly develop advanced offshore technologies. Under the agreement, signed during Gastech 2024, an international energy exhibition, in Houston, Texas, last week, the collaboration between Hanwha Ocean and ABS [...]

Extreme Uphill Race Returns to PyeongChang Olympic Ski Jump

Extreme Uphill Race Returns to PyeongChang Olympic Ski Jump

PYEONGCHANG, Sept. 23 (Korea Bizwire) – In a daring display of athleticism and endurance, over 1,000 participants scaled a 38-degree incline at the PyeongChang Ski Jumping Centre on September 22, marking the return of the Red Bull 400 event after a five-year hiatus.  The race, jointly organized by PyeongChang County, the PyeongChang Legacy Foundation, and global [...]

Nexon Korea to Compensate 800,000 Players in Landmark Gaming Probability Case

Nexon Korea to Compensate 800,000 Players in Landmark Gaming Probability Case

SEOUL, Sept. 23 (Korea Bizwire) – In a groundbreaking decision, Nexon Korea has agreed to compensate 800,000 players of its popular game MapleStory with 21.9 billion won worth of Nexon Cash, the company’s virtual currency that can be converted to real money. This compensation comes in response to allegations that the company manipulated probabilities for in-game [...]

South Korean Brands Turn to Immersive Experiences to Woo Customers

South Korean Brands Turn to Immersive Experiences to Woo Customers

SEOUL, Sept. 20 (Korea Bizwire) – In a bid to strengthen consumer connections and maximize brand experiences, South Korea’s advertising industry is increasingly turning to experiential marketing strategies. This approach, which goes beyond simply promoting products or services, allows consumers to actively participate and engage with brands, effectively building stronger emotional bonds.  One recent example of [...]

LIG Nex1 Wins 3.7 Tln-won Deal to Export Missile Defense System Cheongung-II to Iraq

LIG Nex1 Wins 3.7 Tln-won Deal to Export Missile Defense System Cheongung-II to Iraq

SEOUL, Sept. 20 (Korea Bizwire) — LIG Nex1 Co., South Korea’s major defense firm, said Friday it has secured a 3.7 trillion-won (US$2.78 billion) contract with Iraq to export its Cheongung-II medium-range surface-to-air missile defense system. The deal was made with Iraq’s defense ministry, though specific financial details were withheld for security reasons, according to [...]

South Korea Launches AI-Powered Criminal Justice System to Streamline Investigations

South Korea Launches AI-Powered Criminal Justice System to Streamline Investigations

SEOUL, Sept. 20 (Korea Bizwire) – South Korea has taken a significant leap forward in modernizing its criminal justice process with the launch of an artificial intelligence-based information system. The next-generation Korean Information System of Criminal Justice Services (KICS) went live on September 19, promising to support more efficient investigations and improve transparency for individuals involved [...]