SEOUL, Sept. 9 (Korea Bizwire) – As South Korea grapples with record-breaking levels of wage arrears this year, a new report has revealed that foreign workers have borne a disproportionate share of the burden, with unpaid wages totaling nearly 70 billion won in the first seven months of 2024. According to data obtained from the Ministry [...]
SEOUL, Sept. 9 (Korea Bizwire) — The transport ministry said Monday it plans to issue a legislative notice for new government regulations regarding electric vehicle (EV) safety announced last week in response to public concerns over EV fires. The ministry said the legislative notice for amendments to the enforcement regulations of the Automobile Management Act [...]
SEOUL, Sept. 9 (Korea Bizwire) – K-beauty products are rapidly gaining popularity worldwide, and a wave of mergers and acquisitions is sweeping through South Korea’s cosmetics industry. In a notable trend, established cosmetics conglomerates are acquiring indie brands while promising to maintain their independence, a strategy that’s drawing significant attention. Shinsegae International recently announced its decision [...]
PARIS, Sept. 9 (Korea Bizwire) — The Paris Paralympics have drawn to a conclusion, with South Korea having surpassed its gold medal target. South Korea finished the 12-day competition that ended Sunday in 22nd place with six gold medals, 10 silver medals and 14 bronze medals. The Korea Paralympic Committee, which sent 177 athletes and [...]
SEOUL, Sept. 9 (Korea Bizwire) — Leading girl group BLACKPINK’s Jennie will make a comeback as a solo artist in October after signing a partnership deal with Columbia Records, her agency announced Monday. The K-pop star will release a new single next month, marking her first solo release since “You & Me” in October 2023, [...]
SEOUL, Sept. 9 (Korea Bizwire) — North Korea has held celebrative events to mark the 76th anniversary of the regime’s founding, with senior officials visiting a mausoleum to pay tribute to the country’s late former leaders, state media reported Monday. Premier Kim Tok-hun and other key officials on Sunday visited the Kumsusan Palace of the [...]
SEOUL, Sept. 9 (Korea Bizwire) — K-pop group Seventeen has headlined the Lollapalooza Berlin music festival, performing 19 songs over 90 minutes to an enthusiastic crowd, the group’s agency said Monday. It marks the first time the 13-member group has headlined a major European music festival since its debut, delivering a set that included the [...]
SEOUL, Sept. 9 (Korea Bizwire) — Members of K-pop group NewJeans have publicly expressed their gratitude for Min Hee-jin, producer and former CEO of the group’s agency, during their acceptance speeches at a Japanese music awards ceremony. The girl group, who won four awards at the 2024 The Fact Music Awards on Sunday at Kyocera [...]
SEOUL, Sept. 9 (Korea Bizwire) — Extreme heat wave in August is forecast to push up electricity costs for households by an average of 13 percent, the state-run power company said Monday. The average usage of electricity per household climbed 9 percent in August from a year earlier to come to 363 kilowatt-hours (kWh), which [...]
SEOUL, Sept. 9 (Korea Bizwire) — South Korea will take on the host country Colombia in their first knockout match of the FIFA U-20 Women’s World Cup. South Korea had grabbed a ticket to the round of 16 by beating Germany 1-0 in their final Group D match on Saturday (local time). With the top [...]