Korea Bizwire, Author at Be Korea-savvy | Page 234 of 1094
Insurers Race to Secure Exclusive Rights for Innovative Products

Insurers Race to Secure Exclusive Rights for Innovative Products

SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s non-life insurers are escalating a fierce competition to secure “exclusive usage rights,” which grant temporary monopolies over newly developed insurance products, as the industry pushes for innovation amid slowing growth in traditional sectors such as auto coverage. According to the General Insurance Association of Korea, domestic insurers [...]

Middle-Aged Face Rising Isolation and “Lonely Deaths” as Policy Gaps Persist

Middle-Aged Face Rising Isolation and “Lonely Deaths” as Policy Gaps Persist

SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s middle-aged population — once considered the backbone of the nation — is increasingly dying alone, as government attention and welfare programs remain focused on the young and elderly. According to data from the National Data Office and the National Assembly Research Service, 74.8 percent of the 21,897 [...]

Petrochemical Industry Struggles to Restructure Amid Global Glut and Government Pressure

Petrochemical Industry Struggles to Restructure Amid Global Glut and Government Pressure

SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s petrochemical sector, battered by an oversupply wave from China and the Middle East, remains deadlocked over restructuring plans despite government pressure and mounting financial strain. More than a month after companies agreed to draw up detailed restructuring blueprints by year’s end, no tangible progress has been made. [...]

Constellation Brands Reports Second Quarter Fiscal 2026 Financial Results

Constellation Brands Reports Second Quarter Fiscal 2026 Financial Results

ROCHESTER, N.Y., Oct. 06, 2025 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its second quarter fiscal 2026 financial results. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Tuesday, [...]

Amlan Sponsors Networking Experience at LPN Congress & Expo 2025

Amlan Sponsors Networking Experience at LPN Congress & Expo 2025

CHICAGO, Oct. 06, 2025 (Korea Bizwire) – Amlan is pleased to announce its participation in the 4th edition of the LPN Congress & Expo, taking place October 7–9, 2025 in Miami. This premier gathering for professionals in poultry production and animal nutrition across Latin America will serve as a focal point for innovation, knowledge exchange, [...]

Japan’s “Age-Tech” Boom Offers Lessons for Korea’s Rapidly Aging Society

Japan’s “Age-Tech” Boom Offers Lessons for Korea’s Rapidly Aging Society

SEOUL, Oct. 7 (Korea Bizwire) — As Japan confronts the strains of a rapidly aging population with robots and digital care technologies, a new report is urging South Korea to follow suit and invest in “Age-tech” — a burgeoning industry combining artificial intelligence, robotics, and ICT to support the elderly. According to a study released [...]

Drinking and Depression Rates Rise Among Seoul Residents, Report Finds

Drinking and Depression Rates Rise Among Seoul Residents, Report Finds

SEOUL, Oct. 6 (Korea Bizwire) — Drinking and depression are on the rise among Seoul residents, with women also showing an increase in smoking over the past four years, according to a new report highlighting widening gender differences in public health. The Seoul Foundation of Women and Family said in its latest study, “Health Status of [...]

VCI Global Delivers 37% Revenue Growth in 1H2025; Driven by Surge in Technology Segment

VCI Global Delivers 37% Revenue Growth in 1H2025; Driven by Surge in Technology Segment

Technology Revenue Surges 434% and Gross Margin Holds at 80%, Underscoring VCI Global’s Profitable Expansion and Strategic Positioning Across AI, Fintech, and Digital Assets KUALA LUMPUR, Malaysia, Oct. 06, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a cross-sector platform builder integrating deep technology with financial architecture to enable [...]

Bitget Brings the Fast Lane to Indonesia with MotoGP and the Smarter Speed Challenge 2.0

Bitget Brings the Fast Lane to Indonesia with MotoGP and the Smarter Speed Challenge 2.0

VICTORIA, Seychelles, Oct. 06, 2025 (Korea Bizwire) – Bitget, the world’s largest Universal Exchange (UEX), revved up the energy at the Indonesia Grand Prix in Mandalika from October 3 to 5, bringing together motorsport thrill and Web3 innovation under one roof. Following successful activations in Italy, Germany, and Spain, Bitget’s presence in Indonesia marked another milestone [...]

India Seeks Deeper Shipbuilding Ties With South Korea to Achieve Global Top-Five Goal

India Seeks Deeper Shipbuilding Ties With South Korea to Achieve Global Top-Five Goal

SEOUL, Oct. 6 (Korea Bizwire) – India is seeking deeper cooperation with South Korea in the shipbuilding sector as it strives to become one of the world’s top five shipbuilding nations by 2047, India’s secretary for shipping has said, highlighting the need to combine Seoul’s advanced technology with New Delhi’s abundant manpower. Shri T. K. [...]