SEOUL, July 8 (Korea Bizwire) – A new government-commissioned study has found that three out of four drug addicts in South Korea first used narcotics during their teenage or early adult years, largely due to pressure or recommendations from people around them. According to a report released on Sunday by researchers at the Catholic University [...]
SEOUL, July 8 (Korea Bizwire) — South Korea’s pharmaceutical industry is once again under fire as a string of illegal rebate scandals have surfaced in 2025, reigniting calls for structural reform and stronger support for new drug development. Prosecutors recently indicted three mid-sized pharmaceutical companies and their employees in connection with the so-called “residents’ rebate” [...]
GIMPO, July 8 (Korea Bizwire) – A Starbucks nestled just 1.4 kilometers from the North Korean border is emerging as one of South Korea’s most unlikely tourist hotspots, drawing over 120,000 customers in just seven months. The store, located inside Aegibong Peace Ecological Park in Gimpo, opened on November 29, 2024, and has since attracted both [...]
SEOUL, July 8 (Korea Bizwire) — When selecting digital health applications, Korean users—including doctors, chronic disease patients, and the general public—prioritize cybersecurity and personal data protection over therapeutic effectiveness, according to a new study released by Yonsei University’s Severance Hospital. The research, led by Professor Shin Jae-yong of the Department of Preventive Medicine at Yonsei [...]
CHICAGO, July 07, 2025 (Korea Bizwire) – Amlan® International, the animal health business of Oil-Dri® Corporation of America, is strengthening its presence in Brazil’s cattle market through a distribution partnership with Boviz Saúde Animal. As part of this collaboration, both companies will attend the upcoming Rio Preto Country Bulls Rodeo, taking place July 9–13, 2025, in São [...]
SEJONG, July 7 (Korea Bizwire) — South Korea’s latest euro-denominated foreign exchange stabilization bond (FESB) offering in London has garnered record-breaking demand, signaling strong global investor confidence in the country’s fiscal and economic outlook under its newly inaugurated administration. According to the Ministry of Economy and Finance, the €1.4 billion issuance on June 26 attracted [...]
BOSTON, July 07, 2025 (Korea Bizwire) – JA Worldwide and SAP are proud to announce a new global partnership that will equip tens of thousands of young people with the skills, confidence, and experience they need to thrive in the rapidly evolving world of work. Building on two decades of collaboration across local and regional [...]
MONACO, July 07, 2025 (Korea Bizwire) – After four intense days, the Yacht Club de Monaco concluded the 12th edition of the Monaco Energy Boat Challenge. Uniboat-University of Bologna Argonauts Team, supported by Sanlorenzo, was crowned overall champion, and for the fourth time, they won the Energy Class (2021,2022,2023 and 2025) . At the Challenge, [...]
Everett, Washington, July 07, 2025 (Korea Bizwire) – Fluke Corporation today announced the appointment of Parker Burke as President and Group President of Fortive’s Connected Reliability Group effective July 7, 2025. In this dual role, Parker will lead Fluke and Fluke Reliability in delivering technology and services that help customers around the world reduce downtime, increase safety, [...]
HWASUN, July 7 (Korea Bizwire) — In a quiet but groundbreaking shift in South Korea’s public health arsenal, scientists have achieved a global first: the successful development and approval of a recombinant protein-based anthrax vaccine. The move not only secures the country’s long-sought vaccine self-sufficiency but also positions it as a potential exporter of safer, [...]