SEOUL, Sept. 5 (Korea Bizwire) – South Korea’s efforts to rescue its collapsing essential medical system by sharply raising reimbursements for high-risk surgeries have failed to halt the sector’s decline, new government data show. Even with more generous payments, essential care still accounts for less than 20 percent of total medical spending, while pediatric and obstetric [...]
SEOUL, Sept. 5 (Korea Bizwire) — With more than one in four South Korean households now raising a pet, real estate developers are racing to appeal to so-called “pet families” by building apartments with dedicated pet-friendly amenities. According to data released Thursday by the Ministry of Agriculture, Food and Rural Affairs, 28.6 percent of households [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korean women not only earn far less than men during their working lives but also receive significantly smaller pensions in retirement, according to new research presented Thursday by the Korean Confederation of Trade Unions (KCTU). The study, conducted by senior researcher Jang Jin-hee of the KCTU’s Central Research [...]
SEOUL, Sept. 5 (Korea Bizwire) — Illegal private lending and debt collection crimes in South Korea have more than doubled in the past three years, with authorities warning that exploitative lenders are increasingly preying on financially vulnerable groups such as young job seekers. According to data released Thursday by Rep. Han Byung-do, violations of lending [...]
SEOUL, Sept. 5 (Korea Bizwire) — With South Korea’s stock market stuck in a holding pattern, investors are pouring money into bond-focused exchange-traded funds, underscoring a shift toward safer assets amid global economic uncertainty. According to Koscom data released Thursday, Samsung Asset Management’s KODEX Money Market Active and Korea Investment Trust’s ACE Money Market Active [...]
BERLIN, Sept. 4 (Korea Bizwire) — On the eve of Europe’s largest consumer electronics fair, LG Electronics unveiled a sprawling exhibition that cast its artificial intelligence appliances as a finely tuned orchestra — a metaphor underscoring its ambitions to harmonize technology and everyday life while deepening its foothold in Europe. At IFA 2025 in Berlin, [...]
BERLIN, Sept. 4 (Korea Bizwire) — On the eve of Europe’s largest consumer electronics fair, IFA 2025, Samsung Electronics offered visitors a sweeping vision of how artificial intelligence may soon permeate daily life. At its vast 6,235-square-meter pavilion in CityCube Berlin, Samsung staged an exhibition under the theme “AI Home, Bringing the Future to Life.” The [...]
Strong Loan Growth, Prudent Risk Management, and Regulatory Greenlight Position Credilab for Next Phase of Expansion KUALA LUMPUR, Malaysia, Sept. 04, 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 sovereign-ready digital ecosystems, today announced major milestones for [...]
BioTrack Capital and Yonjin Capital join Series A round alongside other investors including 3E Bioventures Capital, Proxima Ventures Ltd., and Lapam Capital Upsized and over-subscribed Series A total funding of $44 million secured Rapafusyn’s RapaGlue™ platform rapidly discovers non-degrading molecular glues, a validated and highly sought-after modality to address challenging disease targets BALTIMORE, MD, Sept. [...]
BILTHOVEN, Netherlands and BOSTON, Sept. 04, 2025 (Korea Bizwire) – Avania, the leading global MedTech advisory and clinical development partner, is pleased to announce strategic leadership appointments of four distinguished executives. As the MedTech industry navigates increasing regulatory complexity and technological innovation, these new leaders bring decades of combined experience in clinical research, regulatory affairs, operations, [...]