SEOUL, Oct. 9 (Korea Bizwire) – South Korea ranked second after Vietnam in per capita consumption of “ramyeon,” or instant noodles, in 2024, a global industry association said Thursday. South Korea’s overall ramyeon consumption reached 4.1 billion units last year, ranking eighth worldwide, while its per person consumption stood at 79.2 in the country of [...]
SEOUL, Oct. 9 (Korea Bizwire) – Cigarette smoking rates among men in their 30s have slumped by 19.5 percentage points over the past nine years amid steady declines among some other age groups, government data showed Thursday. The figure stood at 28.5 percent in 2024, compared with 48 percent in 2015, according to an annual [...]
SEOUL, Oct. 9 (Korea Bizwire) — Despite the country’s rapidly aging population, more than half of South Koreans have never discussed death or end-of-life care with their families, reflecting deep cultural reluctance to confront mortality, a new study shows. According to a report published this year by the Korea Institute for Health and Social Affairs, 54.3 [...]
SEOUL, Oct. 9 (Korea Bizwire) — As investigators probe the cause of the recent fire at South Korea’s National Information Resources Service (NIRS) data center, attention is turning to the safety of the lithium-ion batteries used in its uninterruptible power supply (UPS) system—reviving debate over pouch-type battery risks and accelerating the industry’s shift toward prismatic [...]
SEOUL, Oct. 9 (Korea Bizwire) — Samsung Electronics marked Korea’s Hangeul Day with a traveling art exhibition across major U.S. universities, highlighting the beauty and cultural value of the Korean alphabet through a collaboration with the New York Korean Cultural Center and renowned installation artist Kang Ik-joong. The company said Thursday that the “Hangeul Truck” project [...]
BOEUN, Oct. 9 (Korea Bizwire) — Amid mounting criticism from animal rights groups, Boeun County in North Chungcheong Province plans to proceed with its annual bullfighting festival later this month, defending it as a local tradition and a driver of regional tourism. The county and the Boeun branch of the Korea Folk Bullfighting Association announced [...]
SEOUL, Oct. 9 (Korea Bizwire) — South Korea’s streaming industry is rapidly embracing ad-supported subscription models, reshaping the country’s online video landscape and fueling a new surge in digital advertising. Once defined by ad-free viewing, online video platforms—or OTT (over-the-top) services—have increasingly adopted hybrid plans offering lower fees in exchange for ads. The trend began [...]
The historic win highlights Hong Kong’s prominence on the world stage, reaffirming Hong Kong’s stature as a leading global cocktail destination HONG KONG, Oct. 08, 2025 (Korea Bizwire) – The World’s 50 Best Bars 2025, sponsored by Perrier, has been unveiled at a glittering awards ceremony in Hong Kong this evening, marking the first time [...]
First-of-its-kind platform brings residential and commercial under one roof, giving UK agents more control, higher earning potential, and global reach BELLINGHAM, Wash., Oct. 08, 2025 (Korea Bizwire) – eXp Realty®, the largest independent real estate brokerage in the world and a core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), has announced the launch of [...]
Series A led by The Column Group, DCVC Bio, and Lux Capital, with participation from the Gates Foundation and Alexandria Venture Investments NEW YORK, Oct. 08, 2025 (Korea Bizwire) – Nilo Therapeutics, a biotechnology company harnessing neural circuits to restore immune homeostasis in disease, launched today with a $101 million Series A financing led by [...]