Korea Bizwire, Author at Be Korea-savvy | Page 268 of 1053
EU Good Food Fruits Add a Fresh Accent to Korea’s Culinary Scene

EU Good Food Fruits Add a Fresh Accent to Korea’s Culinary Scene

SEOUL, South Korea, Aug. 14, 2025 (Korea Bizwire) – EU Good Food has officially introduced premium European kiwis and canned peaches to Korean consumers, marking an important milestone in its collaboration with the Korean market. This launch highlights the initiative’s long-term commitment to delivering high-quality, fully traceable European ingredients to Korea’s food industry and households. [...]

Korean Scientists Reclaim Name of Extinct Species With “Dokdo Sea Lion” Genome Study

Korean Scientists Reclaim Name of Extinct Species With “Dokdo Sea Lion” Genome Study

BUSAN, Aug. 15 (Korea Bizwire) — In a move seen as both scientific and symbolic, South Korea has published the world’s first complete genome sequence of the extinct Dokdo sea lion (Dokdo Ganchi or Dokdo Kangchi) —commonly known in the West as the “Japanese sea lion”—while using the name “Dokdo sea lion” in a peer-reviewed international [...]

LG Electronics Expands Post-Purchase Strategy with Innovative Appliance Accessories

LG Electronics Expands Post-Purchase Strategy with Innovative Appliance Accessories

SEOUL, Aug. 15 (Korea Bizwire) — LG Electronics is ramping up its post-purchase care strategy by introducing a series of dedicated home appliance accessories aimed at enhancing functionality and user convenience, signaling a shift toward long-term customer satisfaction and brand loyalty. According to industry sources on August 15, the tech giant recently launched a bedding hanger [...]

Two Decades On, Korea’s Comprehensive Property Trusts Still Stalled by Regulation

Two Decades On, Korea’s Comprehensive Property Trusts Still Stalled by Regulation

SEOUL, Aug. 15(Korea Bizwire) — August 2025 marks the 20th anniversary of the introduction of comprehensive property trust services in South Korea, but industry experts warn the system remains largely symbolic, hindered by outdated regulations. Despite growing interest in asset management services amid rising household wealth, comprehensive property trusts—which allow financial institutions to collectively manage [...]

Top Korean Game Developers Outearn CEOs as Studios Reward Hit-Makers

Top Korean Game Developers Outearn CEOs as Studios Reward Hit-Makers

SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s leading game studios lavished record pay packages on star developers in the first half of 2025, with several earning more than their own chief executives and even controlling shareholders. According to semiannual filings released August 14, Krafton’s PUBG: Battlegrounds executive producer Jang Tae-seok topped the list, taking [...]

Work-Life Strain and Perceived Inequality Deter Koreans From Having Children

Work-Life Strain and Perceived Inequality Deter Koreans From Having Children

SEOUL, Aug. 15 (Korea Bizwire) — Young South Koreans weigh more factors — and express greater concerns about economic strain and lost opportunities — when deciding whether to have children than their counterparts in Germany, Japan, France and Sweden, a new study shows. They are also more likely to perceive their society as unfair and [...]

Korea to Develop Indigenous Advanced Air Vehicle for Debut Flight in 2030

Korea to Develop Indigenous Advanced Air Vehicle for Debut Flight in 2030

SEOUL, Aug. 15 (Korea Bizwire) — South Korea will develop its own next-generation Advanced Air Vehicle (AAV) capable of low-noise, eco-friendly, vertical and short takeoff and landing, aiming for a maiden flight in 2030 and mission demonstrations in 2031, the national space and aerospace agency said Thursday. The Korea Aerospace Administration unveiled the plan during [...]

Rising Seawater Temperatures Threaten to Shut Down Eight Korean Nuclear Reactors Within a Decade

Rising Seawater Temperatures Threaten to Shut Down Eight Korean Nuclear Reactors Within a Decade

SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s nuclear regulator has warned that rapidly warming seawater — used to cool reactors — could force as many as eight reactors offline within the next 10 years unless cooling capacity is improved. At a meeting on August 14, the Nuclear Safety and Security Commission received a report [...]

Court Upholds Fines for Marriage Brokers Who Shared Vietnamese Women’s Personal Data

Court Upholds Fines for Marriage Brokers Who Shared Vietnamese Women’s Personal Data

UIJEONGBU, Aug. 15 (Korea Bizwire) — A South Korean appeals court has upheld fines for two marriage brokers who illegally shared personal information of Vietnamese women with male clients via KakaoTalk, ruling the act violated the country’s marriage brokerage law. On August 15, the Uijeongbu District Court dismissed the appeals of two individuals, identified as [...]

SK Telecom’s Deep Discounts Spark Membership War Among Korean Carriers

SK Telecom’s Deep Discounts Spark Membership War Among Korean Carriers

SEOUL, Aug. 14 (Korea Bizwire) — A steep expansion of SK Telecom’s membership discounts — part of its compensation plan following a major hacking incident — has triggered a price war among South Korea’s mobile carriers, shifting competition from subsidies for new sign-ups to perks aimed at retaining existing customers. Since August 11, SK Telecom [...]