Korea Bizwire, Author at Be Korea-savvy | Page 300 of 1055
Blockmate Launches Bitcoin Treasury Division in Line with “Mine-and-Hold” Strategy

Blockmate Launches Bitcoin Treasury Division in Line with “Mine-and-Hold” Strategy

TORONTO, July 24, 2025 (Korea Bizwire) – Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) (“Blockmate” or the “Company”) is pleased to announce the launch of a dedicated Bitcoin treasury division, further aligning its corporate strategy with a long-term belief in the value of Bitcoin. The division has already been established, with secure wallet [...]

STAR Systems International’s New Eagle Transponder and Titan Pro Lead the Way in Gen2V3 Solutions for Next-Generation Tolling

STAR Systems International’s New Eagle Transponder and Titan Pro Lead the Way in Gen2V3 Solutions for Next-Generation Tolling

SINGAPORE, July 24, 2025 (Korea Bizwire) – STAR Systems International, a global leader in automatic vehicle identification (AVI) solutions, proudly announces the launch of its next-generation Gen2V3-compatible tolling technology, setting new benchmarks for performance, speed, and reliability. Gen2V3 is the next evolution of the ISO/IEC 18000-63 (also known as “6C”) communications protocol and introduces significant [...]

Prosecutors Seek Fine for Former Audi Volkswagen Korea Chief in Emissions Scandal

Prosecutors Seek Fine for Former Audi Volkswagen Korea Chief in Emissions Scandal

SEOUL, July 24 (Korea Bizwire) – South Korean prosecutors have requested a 150 million won ($115,000) fine for Trevor Hill, former CEO of Audi Volkswagen Korea (AVK), in connection with the automaker’s diesel emissions manipulation scandal. During Hill’s first court hearing on Thursday at the Seoul Central District Court, prosecutors charged him with violating South [...]

Proposed Retirement Age Extension Fuels Generational Divide Over Youth Hiring Prospects

Proposed Retirement Age Extension Fuels Generational Divide Over Youth Hiring Prospects

SEOUL, July 24 (Korea Bizwire) — As South Korea debates a proposal to raise the statutory retirement age from 60 to 65, a new survey reveals a stark generational divide over how such a change could impact youth employment. According to findings released Wednesday by the Korea Employers Federation (KEF), 61.2% of unemployed young job [...]

South Korea’s AI Ambitions Gain Momentum Amid Resource Constraints

South Korea’s AI Ambitions Gain Momentum Amid Resource Constraints

SEOUL, July 24 (Korea Bizwire) — South Korea’s domestic AI industry is demonstrating impressive progress, producing globally recognized models despite limited access to computing infrastructure and top-tier talent. Industry analysts say the recent string of successes strengthens Seoul’s broader goal of becoming a top-three global AI power by developing its own sovereign AI capabilities. According [...]

Restaurants Remain Top Workplace for Korean Teens, But Youth Job Trends Are Shifting

Restaurants Remain Top Workplace for Korean Teens, But Youth Job Trends Are Shifting

SEOUL, July 24 (Korea Bizwire) – Restaurants remained the most common workplace for South Korean teenagers working part-time jobs last year, but new data suggests significant changes in youth employment patterns over the past decade. According to a study released Tuesday by the National Youth Policy Institute, 39.3% of middle and high school students who worked [...]

Korean Municipalities Face Growing Scrutiny Over Disaster Preparedness Amid Rising Climate Risks

Korean Municipalities Face Growing Scrutiny Over Disaster Preparedness Amid Rising Climate Risks

CHANGWON, July 24 (Korea Bizwire) – As South Korea grapples with more frequent extreme weather events, local governments are facing heightened responsibility—and legal scrutiny—for their disaster preparedness and response. Recent court records show that while municipalities have been sued for alleged negligence following natural disasters, they have largely avoided liability. However, growing public and political [...]

South Korea Passes First Legal Framework to Support Community Enterprises

South Korea Passes First Legal Framework to Support Community Enterprises

SEOUL, July 24 (Korea Bizwire) — South Korea’s National Assembly on Wednesday passed the country’s first dedicated law to support and promote community enterprises, small-scale businesses operated by local residents to tackle regional challenges such as population decline and job shortages. The new legislation—the Community Enterprise Promotion and Support Act—was spearheaded by the Ministry of [...]

Gyeongbuk to Build Rapid Freezing Facilities to Preserve East Coast Bluefin Tuna

Gyeongbuk to Build Rapid Freezing Facilities to Preserve East Coast Bluefin Tuna

ANDONG, South Korea, July 24 (Korea Bizwire) – South Korea’s North Gyeongsang Province announced plans Wednesday to build rapid freezing facilities in Yeongdeok and Pohang to preserve the freshness of bluefin tuna, which has recently been caught in growing quantities off the country’s east coast. The rise in sea temperatures and an abundance of bait [...]