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Origin Investment Corp I Announces Closing of $60,000,000 Initial Public Offering

Origin Investment Corp I Announces Closing of $60,000,000 Initial Public Offering

SINGAPORE, July 03, 2025 (Korea Bizwire) – Origin Investment Corp I (the “Company”), a newly organized special purpose acquisition company, today announced the closing of its initial public offering (“IPO”) of 6,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share and one-half of one redeemable warrant. [...]

RIB Software Recognized as a Leader for Construction Management Software by Independent Research Firm

RIB Software Recognized as a Leader for Construction Management Software by Independent Research Firm

RIB joins elite ranks alongside 11 of the most prominent construction management software solution providers for market-leading innovation and comprehensive CMS capabilities. Stuttgart, Germany, July 03, 2025 (Korea Bizwire) – RIB Software, a key provider of construction and BIM software to customers in the AEC industry since its inception in 1961, has been named a Leader [...]

‘No Senior Zones’ Spark Public Backlash in Aging South Korea

‘No Senior Zones’ Spark Public Backlash in Aging South Korea

SEOUL, July 4 (Korea Bizwire) — With South Korea entering a super-aged society, public debate is intensifying over the rise of so-called “No Senior Zones” — spaces where older adults feel unwelcome or are outright barred — raising concerns over age-based discrimination in an increasingly older nation. Anecdotal accounts, like those of near-retirement individuals avoiding [...]

Study Finds Weekly Walking Boosts Quality of Life for Elderly, Especially Those With Obesity

Study Finds Weekly Walking Boosts Quality of Life for Elderly, Especially Those With Obesity

SEOUL, July 4 (Korea Bizwire) — A new study has found that elderly individuals who walk for at least two and a half hours per week experience significantly higher quality of life, with the benefits even more pronounced among those who are obese. The research, led by Professors Kim Jeong-ha and Lee Hye-jun of Chung-Ang [...]

North Korea’s Cosmetic Surgery Law Revealed, Allowing Aesthetic Procedures but With Strict Limits

North Korea’s Cosmetic Surgery Law Revealed, Allowing Aesthetic Procedures but With Strict Limits

SEOUL, July 4 (Korea Bizwire) — North Korea has formally legalized cosmetic surgery for aesthetic purposes under a little-known law dating back to 2016, newly revealed documents show. While the law permits a broad range of procedures to enhance physical appearance, it also imposes strict restrictions on surgeries deemed to pose security or ideological risks. According [...]

Number of Active Real Estate Brokers Falls to Lowest Level in Over Four Years

Number of Active Real Estate Brokers Falls to Lowest Level in Over Four Years

SEOUL, July 4 (Korea Bizwire) –  Amid a prolonged slump in South Korea’s real estate market, the number of operating real estate agents has dropped to its lowest point in more than four years, underscoring the industry’s deepening struggles. According to data released Wednesday by the Korea Association of Realtors, the number of active licensed [...]

Seoul’s Yongsan District Unveils High-Tech Crime Prevention Design Near Sookmyung University

Seoul’s Yongsan District Unveils High-Tech Crime Prevention Design Near Sookmyung University

SEOUL, July 4 (Korea Bizwire) — Yongsan District in central Seoul has completed a cutting-edge urban design project aimed at crime prevention in Cheongpa-dong, an area with a high concentration of single female households, officials announced Thursday. The initiative, led in partnership with Sookmyung Women’s University’s environmental design department, integrates smart technologies and tailored spatial [...]

South Korea Hosts Seminar to Expand Art-for-Tax Program Amid Growing Interest

South Korea Hosts Seminar to Expand Art-for-Tax Program Amid Growing Interest

SEOUL, July 4 (Korea Bizwire) — South Korea’s Ministry of Culture, Sports and Tourism and the Korea Visual Artists Copyright Association convened a special policy seminar Thursday in central Seoul to discuss the future of the country’s nascent “art-for-tax” program, which allows inherited artworks to be used in lieu of cash for paying estate taxes. [...]

Antibiotic Stewardship Program Stalls Amid Staffing Shortages, Widening Hospital Gaps

Antibiotic Stewardship Program Stalls Amid Staffing Shortages, Widening Hospital Gaps

SEOUL, July 3 (Korea Bizwire) — South Korea’s ambitious initiative to curb antibiotic resistance through a national antibiotic stewardship program (ASP) is faltering due to widespread staffing shortages, with more than half of eligible hospitals unable to participate, a new government-commissioned report has found. The study, conducted by Hanyang University’s Industry-Academic Cooperation Foundation for the [...]

Seoul’s Outdoor Libraries Attract 1 Million Visitors in First Half of 2025, Driven by Youth Reading Trend

Seoul’s Outdoor Libraries Attract 1 Million Visitors in First Half of 2025, Driven by Youth Reading Trend

SEOUL, July 3 (Korea Bizwire) — Seoul’s outdoor libraries drew a record-breaking 1 million visitors during the first half of 2025, reflecting a growing cultural shift that celebrates reading as a lifestyle trend — especially among younger generations. According to the Seoul Metropolitan Government, the three key outdoor reading spaces — Seoul Plaza Library, Gwanghwamun [...]