SEOUL, Sept. 10 (Korea Bizwire) — South Korea’s government announced on Tuesday a sweeping overhaul of its employment permit system for foreign workers, pledging to relax restrictions on workplace changes and extend residency periods for those holding E-9 visas. The reforms also aim to tighten sanctions on employers found guilty of labor rights violations. At [...]
SEOUL, Sept. 10 (Korea Bizwire) — South Korea’s young adults remain the most highly educated in the developed world, according to new data released Tuesday, but the wage premium for advanced degrees is growing even as public spending on higher education lags international peers. The OECD Education at a Glance 2025 report showed that 70.6 percent [...]
MUNICH, Sept. 9 (Korea Bizwire) — LG Electronics used Europe’s largest mobility show on Tuesday to stake its claim in the emerging era of software-defined vehicles, announcing new partnerships with Microsoft’s Xbox division and video-conferencing platform Zoom to expand its in-car WebOS ecosystem. At the IAA Mobility 2025 event in Munich, the South Korean company [...]
Bitget Wallet’s USDC income product, Stablecoin Earn Plus powered by Aave, offers 10% APY — the highest among self-custodial wallets and above exchange rates — via Aave integration with flexible, instant access SAN SALVADOR, El Salvador, Sept. 10, 2025 (Korea Bizwire) – Bitget Wallet, the leading non-custodial crypto wallet, has selected to partner with Aave, the [...]
FOLKSTON, Ga. Sept. 9 (Korea Bizwire) — The return of more than 300 South Korean workers detained in last week’s U.S. immigration raid at Hyundai Motor and LG Energy Solution’s joint battery plant is drawing relief in Seoul, but partner companies say their absence has left a gaping hole in the highly specialized construction project. [...]
Swift’s open, receiver-agnostic ecosystem removes integration barriers, reduces costs, and speeds time-to-market for industries requiring precise positioning SAN FRANCISCO, Sept. 09, 2025 (Korea Bizwire) – Swift Navigation, a leader in precise positioning technology, today announced that its Swift Partner Program has grown to include over 20 GNSS receiver manufacturers, establishing it as the largest hardware ecosystem among [...]
Seoul Museum Pairs K-Pop Anime With Centuries-Old Tiger-and-Magpie Motifs SEOUL, Sept. 9 (Korea Bizwire) — As Netflix’s animated feature K-Pop Demon Hunters continues to draw global attention, a Seoul museum is spotlighting the traditional roots behind some of its most popular characters. The Leeum Museum of Art in Hannam-dong is hosting a special exhibition titled [...]
Annual Global Challenge Offers Prizes up to $1,500 for Bold, Creative Solutions to Advance the UN Sustainable Development Goals New York, NY, Sept. 09, 2025 (Korea Bizwire) – The Network for Teaching Entrepreneurship (NFTE) today announced the launch of the 2025 World Series of Innovation (WSI), a free annual global competition inviting young people ages [...]
MUNICH, Sept. 9 (Korea Bizwire) — Hyundai Motor unveiled its first small electric vehicle concept on Tuesday at Europe’s largest mobility fair, underscoring the South Korean automaker’s push to expand its EV lineup into the compact segment, where demand is strongest in Europe. The concept car, dubbed “Concept THREE,” was introduced at the IAA Mobility 2025 [...]
CGTN published an article highlighting China’s call for BRICS countries to defend multilateralism. It outlines President Xi Jinping’s proposals on multilateralism, openness and cooperation at the Virtual BRICS Summit. It also underscores the Global Governance Initiative as a roadmap for fairer global governance, with international support. BEIJING, Sept. 09, 2025 (Korea Bizwire) – Over the [...]