SEOUL, Feb. 27 (Korea Bizwire) — A new fleece sweater, combining practicality with style, has emerged as the most popular military-issued item among soldiers just one year after its introduction to South Korean troops. According to a survey conducted by the Korea Defense Daily from January 17 to 31, polling 535 soldiers about their favorite military-issued items, [...]
SEOUL, Feb. 27 (Korea Bizwire) — As South Korea’s prolonged economic downturn continues, small business owners are increasingly burdened by rising labor costs. A recent analysis shows that small independent business operators employ an average of 1.8 workers per establishment, highlighting the strain on entrepreneurs trying to sustain their workforce. According to data from the [...]
SEOUL, Feb. 27 (Korea Bizwire) — North Korea appears to have deployed additional troops to support Russia’s war against Ukraine, although the number of recently deployed troops is being assessed, South Korea’s spy agency said Thursday. “Following about a monthlong lull, North Korean troops were placed back in the frontline region of Kursk starting in [...]
SEOUL, Feb. 27 (Korea Bizwire) — SK Telecom Co., South Korea’s biggest telecommunications company, said Thursday it has partnered with U.S.-based quantum computing firm IonQ to collaborate on artificial intelligence (AI) and quantum computing. Under a memorandum of understanding (MOU), SK Telecom plans to integrate IonQ’s quantum computing technology with its own AI capabilities, including [...]
SEOUL, Feb. 27 (Korea Bizwire) — Emergency response drone deployments by South Korean fire departments have increased nearly threefold over the past three years, showcasing the growing role of unmanned aircraft in disaster response and search operations. According to data released by the National Fire Agency on February 26, drone deployments rose from 1,691 in 2021 to [...]
SEOUL, Feb. 27 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Thursday it has received the highest 5-star airline rating from Skytrax, one of the world’s most prestigious air transport rating organizations, for a fifth consecutive year. Skytrax, founded in London in 1989, launched its World Airline Star Rating program in [...]
WASHINGTON, Feb. 26 (Korea Bizwire) — South Korea’s industry minister expressed confidence Wednesday that Seoul and Washington will be able to find a “constructive” and “win-win” alternative, as the Trump administration is working to impose “reciprocal” tariffs on U.S. imports to match what other countries slap on American goods. Industry Minister Ahn Duk-geun made the [...]
SEOUL, Feb. 27 (Korea Bizwire) — Over 60 percent of large corporations have no plans for hiring new employees or are undecided on hiring in the first half, a poll showed Thursday. According to the survey conducted by Research & Research from Feb. 4-13 on the country’s top 500 companies by sales, 61.1 percent said [...]
SEOUL, Feb. 27 (Korea Bizwire) — J-Hope of K-pop group BTS will drop a new single titled “Sweet Dreams” next week, his agency BigHit Music said Thursday. The song, featuring American singer-songwriter Miguel, is a heartfelt R&B serenade that conveys the emotions of loving and being loved. It will be released at 2 p.m. on [...]
SEOUL, Feb. 27 (Korea Bizwire) — The number of moviegoers surged in January, driven by the release of several hit films and an extended Lunar New Year holiday, data showed Thursday. According to the Korea Film Council (KOFIC), total cinema attendance rose 46.8 percent on-year to 6.8 million, while sales increased 45.1 percent to 65.3 [...]