Korea Bizwire, Author at Be Korea-savvy | Page 232 of 1094
Seoul Invests in AI Recycling to Curb Fast-Fashion Waste

Seoul Invests in AI Recycling to Curb Fast-Fashion Waste

SEOUL, Oct. 8 (Korea Bizwire) — South Korea is turning to artificial intelligence to address a mounting environmental challenge: the massive volume of discarded clothing fueled by fast fashion. The Ministry of Climate, Energy and Environment announced Wednesday that it will invest 25 billion won ($18 million) through 2030—including 17.5 billion won in government funding—to [...]

Korean Food Prices Surge 23% in Five Years, Outpacing Broader Inflation

Korean Food Prices Surge 23% in Five Years, Outpacing Broader Inflation

SEOUL, Oct. 8 (Korea Bizwire) — Food prices in South Korea have risen more than 20 percent over the past five years, far outpacing overall inflation and placing a growing strain on household budgets. According to data released Wednesday by the National Data Office, the consumer price index for “food and non-alcoholic beverages” in September [...]

Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans

Treasure Global Announces USD 400,000 Strategic Investment from Executive Director Chan Meng Chun and Investor Chuah Su Chen to Advance Expansion Plans

KUALA LUMPUR, Malaysia, Oct. 07, 2025 (Korea Bizwire) – Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”) today announced that it has entered into a Subscription Agreement with Malaysian investors Chan Meng Chun and Chuah Su Chen, raising USD 400,000 through a strategic equity investment. The participation of Executive Director Chan Meng Chun [...]

STAR Systems International Powers Multi-Lane Fast Flow in Malaysia

STAR Systems International Powers Multi-Lane Fast Flow in Malaysia

SINGAPORE, Oct. 07, 2025 (Korea Bizwire) – STAR Systems International, a global leader in tolling technology, is proud to announce the successful implementation of a Multi-Lane Fast Flow—also known as Multi-Lane Free Flow (MLFF) and Open Road Tolling (ORT)—pilot project in Kuala Lumpur, Malaysia. This milestone marks a significant upgrade for the region’s tolling infrastructure, [...]

Korea’s Parliament Debates Bill to Criminalize AI-Generated Porn Featuring Virtual Characters

Korea’s Parliament Debates Bill to Criminalize AI-Generated Porn Featuring Virtual Characters

SEOUL, Oct. 7 (Korea Bizwire) —  A proposed bill that would make it illegal to create or distribute sexually explicit material using artificial intelligence (AI)–generated virtual characters is sparking intense public debate in South Korea, reflecting growing unease over the boundaries of technology and expression. The amendment to the Act on the Punishment of Sexual Crimes, [...]

NWMO Completes Initial Technical Assessment of ANEEL™ Fuel and its Waste Benefits

NWMO Completes Initial Technical Assessment of ANEEL™ Fuel and its Waste Benefits

CHICAGO, Oct. 07, 2025 (Korea Bizwire) – Clean Core Thorium Energy (CCTE) announced today that Canada’s Nuclear Waste Management Organization (NWMO) has completed an initial technical assessment of the potential disposability of ANEEL™ used fuel, should it be utilized in nuclear reactors in Canada. This preliminary review was conducted under a Service Agreement between NWMO [...]

Heineken® extends partnership with UEFA Women’s Champions League until 2030

Heineken® extends partnership with UEFA Women’s Champions League until 2030

AMSTERDAM, Oct. 07, 2025 (Korea Bizwire) – Heineken® and UC3 are proud to announce the renewal of Heineken®’s partnership with the UEFA Women’s Champions League, extending the agreement until June 2030. Heineken® has renewed its role as official partner of the UEFA Women’s Champions League for the 2025 – 2030 commercial cycle, building on its support since [...]

Small islands face outsized climate impacts and require US$12 billion a year in climate finance to cope

Small islands face outsized climate impacts and require US$12 billion a year in climate finance to cope

Rotterdam, Oct. 07, 2025 (Korea Bizwire) – The Global Center on Adaptation (GCA) today launched State and Trends in Adaptation 2025: Small Island Developing States (SIDS), the most comprehensive assessment to date of climate risks, macro-economic impacts and practical solutions for the world’s 39 island economies. The report shows that, without accelerated adaptation, cumulative climate damages [...]

Baemin’s ‘Single-Bowl’ Delivery Service Surpasses 10 Million Orders as Solo Dining Trend Grows

Baemin’s ‘Single-Bowl’ Delivery Service Surpasses 10 Million Orders as Solo Dining Trend Grows

SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s leading food delivery platform Baedal Minjok (Baemin) is seeing surging demand for its “One Bowl” service, which targets the country’s rapidly expanding population of single-person households. According to the company, cumulative orders for the service — launched in April — exceeded 10 million by the first week [...]

Luxury Hotels in Korea Ride K-Food Wave With Kimchi Exports

Luxury Hotels in Korea Ride K-Food Wave With Kimchi Exports

SEOUL, Oct. 7 (Korea Bizwire) — What began as a side business rooted in Korean culinary tradition has become a full-fledged export strategy for the nation’s top hotels. As premium kimchi gains traction among global consumers, luxury hotel brands are ramping up production and shipping abroad. According to the hospitality industry on Tuesday, Walkerhill Hotel [...]