SEOUL, July 29 (Korea Bizwire) — A sweltering heatwave over the weekend sent South Koreans flocking to air-conditioned department stores and shopping malls, leading to a double-digit surge in sales at major retailers. In contrast, large discount chains saw a dip in revenue, despite government-issued consumer coupons aimed at reviving domestic spending. According to industry data [...]
SEOUL, July 29 (Korea Bizwire) — South Korea’s Supreme Court is accelerating efforts to leverage artificial intelligence (AI) in the disclosure and use of court rulings, a move aimed at enhancing transparency and restoring public trust in the judiciary. The Judicial AI Committee, an advisory body under the National Court Administration, convened its third meeting [...]
SEOUL, July 29 (Korea Bizwire) — The estimated “cost of pain” per traffic fatality in South Korea has risen to nearly ₩1 billion ($700,000), reflecting a growing public valuation of human life and greater recognition of the suffering endured by victims’ families, according to a new report released Sunday. The Korea Transport Institute (KOTI) revealed [...]
CHANGWON, South Korea, July 29 (Korea Bizwire) — South Korea’s southeastern province of South Gyeongsang will begin hiring skilled foreign workers for its shipbuilding industry in the second half of this year, as part of a new government-backed visa pilot aimed at addressing a critical labor shortage in key technical roles. On Monday, the provincial [...]
GYEONGJU, South Korea, July 28 (Korea Bizwire) — With only his left foot, 61-year-old Lee Beom-sik completed a 400-kilometer trek across South Korea on Sunday, a remarkable journey of resilience and determination undertaken to rally national unity ahead of the 2025 APEC Summit. Known as the “Left-Foot Doctor,” Lee set off from Gwangju’s Mudeungsan Mountain [...]
SEOUL, July 28 (Korea Bizwire) — South Korea’s major banks are ramping up corporate lending and support for small businesses in response to President Lee Jae-myung’s recent rebuke of the financial sector for relying too heavily on mortgage lending to drive profits. During a policy meeting on July 24, President Lee criticized banks for [...]
BUSAN, July 28 (Korea Bizwire) — A group of amateur archery enthusiasts in South Korea have been arrested for illegally hunting black goats with compound bows in a rural area of Busan, authorities announced Monday. The Busan Gangseo Police Department said it had detained nine members of an archery club and two members of a government-designated wildlife [...]
SEOUL, July 28 (Korea Bizwire) — For years, Samsung Electronics has reigned as the top choice among South Korean college students aspiring to land their first job. But that crown has now passed to another tech giant—SK hynix. In a shift that reflects the evolving aspirations of a new generation of job seekers, SK hynix has [...]
Singapore, July 28, 2025 (Korea Bizwire) – YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), today announced the launch of a robotics integration initiative across its core service lines. The program is designed to enhance service delivery, strengthen workforce [...]
Strategic partnership provides multi-location QSRs and enterprise restaurants with flexible payment technology to enhance omnichannel capabilities and simplify operations Philadelphia, PA, July 28, 2025 (Korea Bizwire) – Deliverect, a leading global food tech SaaS company, announces a strategic worldwide partnership with FreedomPay, an innovative leader in Next Level Commerce™. The new partnership will provide white-labeled payment orchestration [...]