SEOUL, Sept. 24 (Korea Bizwire) — South Korea’s economy is expected to rebound in 2026, driven by easing uncertainties and accommodative policies, an official from the International Monetary Fund (IMF) said Wednesday, calling on the country to put in efforts to revitalize domestic consumption and accelerate structural reforms to further boost growth. “Prolonged domestic political [...]
SEOUL, Sept. 24 (Korea Bizwire) — Samyang Foods Inc. said Wednesday cumulative sales of its popular Buldak spicy ramyeon series have surpassed 8 billion units in the first half of 2025 on rising global demand. Sales of the Buldak brand have surged in recent years, reaching 5 billion units in 2023, 7 billion in 2024 [...]
SEOUL, Sept. 24 (Korea Bizwire) — Pastor Son Hyun-bo of Busan’s Saegero Church, a central figure in South Korea’s far-right Christian movement, faces a bail review this week following his arrest earlier this month on charges of violating election laws. While conservative leaders and evangelical groups denounce his detention as “religious persecution,” the sweeping mobilizations [...]
SEOUL, Sept. 24 (Korea Bizwire) — As South Korea heads into what could be its longest Chuseok holiday in decades — stretching up to ten days from October 3 to 12 — the country’s top business leaders are preparing to use the break less for rest than for recalibration. With U.S. tariffs, revisions to Korea’s [...]
SEOUL, Sept. 24 (Korea Bizwire) — South Korean regulators said Tuesday they had broken up a sophisticated stock manipulation scheme involving some of the country’s wealthiest business operators and financial insiders, in what is being billed as the first major case under President Lee Jae-myung’s new crackdown on market abuses. The Financial Services Commission, the [...]
SINGAPORE, Sept. 23, 2025 (Korea Bizwire) – OAG, the world’s leading data platform for the global travel industry, today released Megahubs 2025, its definitive ranking of the world’s most connected airports. Now in its tenth year, the report highlights the growing strength of Asia Pacific’s aviation sector, with three airports in the global Top 10. Kuala [...]
CHICAGO, Sept. 23, 2025 (Korea Bizwire) – Amlan® International, the animal health business of Oil-Dri® Corporation of America, is proud to announce its participation in the upcoming World Dairy Expo in Madison, Wisconsin, where it will once again serve as the official Media Room sponsor. This marks the fourth consecutive year Amlan has supported the world’s largest [...]
SEOUL, Sept. 24 (Korea Bizwire) — As medical reshuffling debates intensify in South Korea, critics warn that the absence of any legal or institutional mechanism for patients to verify doctors’ qualifications or disciplinary history is leaving the public vulnerable. Unlike lawyers and accountants at home, or doctors in the United States and Britain, physicians in [...]
SEOUL, Sept. 24 (Korea Bizwire) — As South Korea’s major conglomerates approach annual reshuffling season, a new survey has revealed that only a small fraction of the country’s largest corporations have established independent CEO succession committees. According to corporate research firm Leaders Index, just 14 of the nation’s top 500 companies by revenue — or [...]
WASHINGTON, Sept. 23, 2025 (Korea Bizwire) – EB5 Capital is pleased to announce the closing of its $42.4 million investment in Woodfield Development’s Atlanta Woodrow Apartments (JF41) project. Located in Atlanta, Georgia, the high-unemployment Target Employment Area (TEA) project is a Class A multifamily development featuring 300 units across four modern apartment buildings and 25 [...]