SEOUL, Nov. 24 (Korea Bizwire) — LG Electronics is accelerating its expansion in the Middle East, positioning itself as a key business-to-government (B2G) partner in the Global South as countries in the region pursue large-scale smart-city and infrastructure projects. The South Korean tech company said Sunday that it has signed a strategic partnership with Expo City [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s kimchi exports are expected to hit an all-time high this year amid rising global demand for Korean food, customs data showed Monday. Overseas sales of kimchi, a traditional Korean side dish typically made from cabbage, reached US$137.39 million in the first 10 months of 2025, up 2 [...]
SEOUL, Nov. 24 (Korea Bizwire) — SK earthon Co., a South Korean oil exploration and production (E&P) company, said Monday it has acquired a stake in a potential oil block in Indonesia as part of its efforts to expand overseas E&P activities. SK earthon said it has taken over a 34 percent stake in the [...]
SEOUL, Nov. 24 (Korea Bizwire) — Genesis, the luxury marque of Hyundai Motor Group, has been named the “Best Luxury Brand” by U.S. News & World Report, the company said Sunday, marking a major milestone as it continues to elevate its global profile. The recognition comes as the American media outlet announced winners across six categories—luxury, [...]
SEOUL, Nov. 24 (Korea Bizwire) — Despite a global economic downturn and a 14 percent cut to next year’s official development assistance budget, South Korea has pledged US$100 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria—matching its previous commitment and strengthening its standing in international health governance. The announcement was made Friday at [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korean companies can now trade carbon emissions permits through securities firms, in a shift designed to make the market more accessible and liquid, the Ministry of Climate, Energy and Environment said Sunday. The change, effective Monday, allows firms to open brokerage accounts and trade emissions rights using the same [...]
SEOUL, Nov. 24 (Korea Bizwire) — Korean fried chicken has emerged as the most frequently eaten and most beloved Korean dish among global consumers over the past year, according to a new international survey released Sunday. The annual overseas Korean food consumption study, conducted by South Korea’s Ministry of Agriculture, Food and Rural Affairs and the [...]
SEOUL, Nov. 24 (Korea Bizwire) — The number of Seoul households in their 30s without a home climbed to an all-time high last year, even as homeownership among the same age group fell to its lowest level since records began, government data showed Sunday. According to the National Data Office, 527,729 Seoul households headed by someone [...]
DUBAI, United Arab Emirates, Nov. 22, 2025 (Korea Bizwire) – Falcon Executive Aviation, part of Alex Group Investment, announced during the Dubai Airshow the development of a new fully private multi-modal FBO terminal in Dubai designed from the ground up to become the city’s primary hub for helicopter services and future eVTOL operations. This project [...]
SEOUL, Nov. 22 (Korea Bizwire) — Hyundai Motor’s compact electric vehicle, the Casper Electric — marketed in Europe as the Inster — is rapidly emerging as a standout in Germany’s increasingly competitive small EV market, earning one of the country’s most prestigious automotive honors. The company announced on Friday that the Casper Electric has been named [...]