Korea Bizwire, Author at Be Korea-savvy
As Weight-Loss Drugs Surge in Popularity, South Korea’s Gyms Feel the Squeeze

As Weight-Loss Drugs Surge in Popularity, South Korea’s Gyms Feel the Squeeze

SEOUL, Dec. 22 (Korea Bizwire) — As weight-loss drugs gain popularity in South Korea, gyms that once thrived on New Year’s diet resolutions are beginning to feel the strain. Fitness centers across Seoul report a noticeable shift in consumer behavior as more people turn to prescription obesity treatments such as Wegovy and Mounjaro instead of exercise [...]

South Korea Forms Public-Private Push to Develop Homegrown LNG Cargo Tanks

South Korea Forms Public-Private Push to Develop Homegrown LNG Cargo Tanks

SEOUL, Dec. 22 (Korea Bizwire) — South Korea has launched a public-private working group to push for the development of proprietary liquefied natural gas (LNG) cargo tanks to lessen dependence on foreign technologies, the industry ministry said Monday. The working group comprises industry, finance and oceans ministries, as well as major Korean companies, including Korea [...]

South Korea Develops 370-kph High-Speed Train, Joining Global Rail Speed Elite

South Korea Develops 370-kph High-Speed Train, Joining Global Rail Speed Elite

SEOUL, Dec. 22 (Korea Bizwire) — South Korea has completed development of the core technologies for a next-generation high-speed train designed to operate at up to 370 kilometers per hour, positioning the country among a small group of nations competing at the frontier of rail-speed technology, the transport ministry said Monday. The train, known as [...]

As Inflation Bites, Korea’s Lavish Doljanchi Gives Way to Simpler Celebrations

As Inflation Bites, Korea’s Lavish Doljanchi Gives Way to Simpler Celebrations

SEOUL, Dec. 22 (Korea Bizwire) — As soaring prices and rising gold costs strain household budgets, South Korea’s long-standing tradition of lavish first-birthday celebrations for infants, known as doljanchi, is steadily giving way to smaller, more private observances. Once marked by banquet halls, elaborate ceremonial tables and gold rings given as gifts, doljanchi has increasingly been [...]

Used-Car Exports Surge, Helping Korea Offset Slump in New Vehicle Shipments

Used-Car Exports Surge, Helping Korea Offset Slump in New Vehicle Shipments

SEOUL, Dec. 22 (Korea Bizwire) — South Korea’s used-car exports surged sharply this year, helping offset a slowdown in new vehicle shipments and preventing an overall decline in the country’s automotive exports, according to government and industry data released Sunday. From January through November, used-car exports reached $8.4 billion, up 82.6 percent from a year earlier, [...]

Down Jacket Labeling Errors Prompt Consumer Backlash and Regulatory Calls

Down Jacket Labeling Errors Prompt Consumer Backlash and Regulatory Calls

SEOUL, Dec. 22 (Korea Bizwire) — Recurring mislabeling of down insulation in winter jackets has once again stirred controversy in South Korea, prompting consumer groups to demand stronger oversight and tougher penalties for deceptive practices in the fashion industry. The latest dispute centers on outdoor apparel giant The North Face, operated by Youngone Outdoor, which disclosed [...]

HYCU® Partners with VSTECS as Regional Distributor to Accelerate Modern Data Protection Across Asia-Pacific

HYCU® Partners with VSTECS as Regional Distributor to Accelerate Modern Data Protection Across Asia-Pacific

Distribution Agreement Expands Access to HYCU R-Cloud™ Through VSTECS’ Extensive Channel Network in Singapore, Indonesia, Philippines, Thailand, and Malaysia Boston, Mass., and Singapore, Dec. 21, 2025 (Korea Bizwire) – HYCU, Inc., a leader for modern data protection for on-prem, cloud, and SaaS and one of the fastest growing companies in the industry, today announced a new distribution [...]

Survey Finds Overwhelming Support for Regulating Food Delivery Apps

Survey Finds Overwhelming Support for Regulating Food Delivery Apps

SEOUL, Dec. 22 (Korea Bizwire) — A large majority of South Koreans believe food delivery platforms should be the first targets of government regulation, reflecting growing public frustration over rising delivery fees and platform commissions, according to a new nationwide survey. More than 87 percent of respondents said they agree that delivery apps require stronger oversight, [...]

CJ CheilJedang Brings Korean Traditional Spirits to New York Ahead of U.S. Launch

CJ CheilJedang Brings Korean Traditional Spirits to New York Ahead of U.S. Launch

SEOUL, Dec. 22 (Korea Bizwire) — CJ CheilJedang is stepping up efforts to introduce Korean traditional spirits to global consumers, beginning with a promotional event in New York aimed at pairing Korean liquor with contemporary Korean cuisine. The company said it recently hosted a tasting and pairing event, titled The Korean Table – Sip & Pair [...]