SEOUL, Feb. 24 (Korea Bizwire) — Muan International Airport, which had been completely closed due to the Jeju Air passenger plane crash on Dec. 29 last year, has resumed flights for emergency medical care and educational training after 56 days, airport officials said Monday. Aviation authorities permitted flights approved by the airport’s control tower for [...]
SEOUL, Feb. 24 (Korea Bizwire) — “Mickey 17″ director Bong Joon-ho’s creative process will be highlighted in a major exhibition by the Academy Museum of Motion Pictures that opens next month in Los Angeles. Titled “Director’s Inspiration: Bong Joon-ho,” the exhibition offers an in-depth look at his filmography, influences and artistic approach. Featuring more than [...]
SEOUL, Feb. 24 (Korea Bizwire) — As South Korea’s youth unemployment crisis deepens to levels worse than those seen during the IMF crisis and COVID-19 pandemic, local governments across the nation are stepping in with innovative support measures ranging from free interview suits to office rental subsidies. According to Statistics Korea, January saw the sharpest deterioration [...]
SEOUL, Feb. 24 (Korea Bizwire) — The National Museum of Modern and Contemporary Art (MMCA) announced Monday the four finalists for the 2025 Korea Artist Award. The finalists are Kim Young-eun, who explores sound as a medium shaped by political and historical contexts; Kim Ji-pyeong, who critiques traditional perspectives in oriental brush-and-ink paintings; Im Young-zoo, [...]
SEOUL, Feb. 24 (Korea Bizwire) — Celltrion Inc., a major South Korean biopharmaceutical firm, said Monday its new biosimilar for an autoimmune disease treatment has obtained approval from the European Commission (EC). The EC approved Celltrion’s Avtozma, a biosimilar to Actemra, in both intravenous and subcutaneous formulations, for sales in the member countries of the [...]
SEOUL, Feb. 24 (Korea Bizwire) — In a striking reversal, South Korea has lost its technological edge to China across most semiconductor sectors over the past two years, according to a new survey that highlights shifting dynamics in the global chip industry. The survey, released by the Korea Institute of Science & Technology Evaluation and Planning [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korea marked a milestone in parental leave policies as men accounted for more than 30% of workers taking childcare leave last year, the Ministry of Employment and Labor reported on February 23. The total number of workers using parental benefits, including maternity leave and childcare leave, reached 256,771 in [...]
SEOUL, Feb. 21 (Korea Bizwire) — As the business landscape rapidly evolves and the MZ generation (Millennials and Gen Z) enters the workforce, South Korean companies are redefining the qualities they seek in employees, according to a new survey. A recent study by career platform Saramin, released on February 20, surveyed 231 companies and found [...]
SEOUL, Feb. 21 (Korea Bizwire) — A fatal house fire in Changwon, suspected to have been caused by an electric bicycle battery charger, has reignited concerns over the safety of personal mobility (PM) device batteries, authorities said on February 20. The fire, which broke out on February 14 in Uichang-gu, Changwon, claimed the life of [...]
SEOUL, Feb. 21 (Korea Bizwire) — Despite a prolonged economic downturn and high interest rates, several prominent South Korean mid-sized companies are actively pursuing major mergers and acquisitions, highlighting a shift in corporate strategy. The number of completed M&A deals valued at over 10 billion won in South Korea reached 474 in 2024, marking a 12% [...]