SEOUL, July 23 (Korea Bizwire) — South Koreans report lower satisfaction with domestic travel compared to overseas vacations, primarily due to high local prices and a lack of distinctive tourist content, according to a new survey released by the Korea Economic Research Institute on Monday. The nationwide survey, conducted by Mono Research, polled 1,000 adults [...]
Institutional financing reflects confidence in STACK’s APAC execution and global platform scalability SINGAPORE, July 23, 2025 (Korea Bizwire) – STACK Infrastructure (“STACK”), the digital infrastructure partner to some of the world’s most innovative companies and a leading global developer and operator of data centers, today announced the successful close of an AUD $1.3 billion green financing facility [...]
Duck Creek Recognized as Luminary and Technology Standout in Celent’s Policy Administration Systems for P&C Insurance Reports in North America, APAC, EMEA and LATAM BOSTON, July 22, 2025 (Korea Bizwire) – Duck Creek Technologies, the global provider defining the future of property and casualty (P&C) and general insurance, today announced it has received five XCelent Advanced [...]
Datavault AI Selected to Support Mission-Critical Defense and Aerospace Programs in Strategic Partnership with Burke Engineering BEAVERTON, Ore., July 22, 2025 (Korea Bizwire) – Datavault AI Inc. (NASDAQ: DVLT), a leader in data visualization, valuation, and monetization technologies, today announced a strategic partnership with Burke Products (“Burke”), a minority-owned Tier 1 supplier to Lockheed Martin, Raytheon [...]
SEOUL, July 23 (Korea Bizwire) — In South Korea, new graduates entering research and development roles earn the highest starting salaries, while those in media and public relations receive the lowest, according to a new analysis by career platform JobPlanet. JobPlanet analyzed 1.42 million salary records collected from employment insurance data and ranked job categories [...]
GIMHAE, South Korea, July 23 (Korea Bizwire) — Gimhae, a city in South Gyeongsang Province with a high concentration of foreign laborers, has opened South Korea’s first virtual reality (VR) industrial safety training facility designed specifically for foreign workers. The new VR center, located at the Gimhae Foreign Workers Support Center, was officially inaugurated on [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s exchange-traded fund (ETF) market reached a major milestone this week, with the total number of listed ETFs surpassing 1,000 for the first time, signaling accelerating growth in the sector. According to the Korea Exchange (KRX) on Monday, a total of 1,002 ETFs were being traded on the [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s National Assembly Judiciary Committee on Monday passed a controversial bill that would strip artificial intelligence (AI) digital textbooks of their official status as “textbooks,” reclassifying them instead as general “educational materials.” The move marks a significant challenge to one of former President Yoon Suk Yeol’s flagship education [...]
SAN MATEO, Calif., July 22, 2025 (Korea Bizwire) – Freshworks (NASDAQ: FRSH), today announced a multi-year partnership with McLaren Racing, joining as an Official Partner of the McLaren Formula 1 Team. McLaren has integrated Freshworks’ ITSM solution, Freshservice, to boost productivity through more efficient and improved IT services within the team. With AI-powered Freshservice, the McLaren Formula 1 Team is [...]
SEOUL, July 22 (Korea Bizwire) — Hyundai Motor Group’s electric vehicle (EV) exports to the United States plummeted by 88% in the first five months of 2025 compared to the same period last year, reflecting the combined impact of local production ramp-up and sluggish U.S. sales. According to the Korea Automobile & Mobility Association (KAMA), [...]