SEOUL, July 3 (Korea Bizwire) — In a bid to root out taxi overcharging and service refusals targeting foreign visitors, the Seoul Metropolitan Government announced on Wednesday a new crackdown initiative that leverages QR code-based reporting and strengthened on-site enforcement at major transportation hubs. Beginning last month, the city began distributing business card-sized survey cards [...]
SEOUL, July 3 (Korea Bizwire) — South Korea’s population is becoming increasingly diverse, with recent research showing an almost 8% rise in overall diversity over the past five years, driven by immigration and shifting demographics in both urban and rural areas. According to a report released Tuesday by the Korea Institute for Health and Social [...]
SEOUL, July 3 (Korea Bizwire) — In the heart of Seoul, a new exhibition at Gyeongbokgung Palace is offering visitors a reimagined experience of Korea’s royal heritage by blending traditional architecture with modern artistic interpretation. Titled “Thinking Gyeongbokgung”, the exhibition is a collaboration between the Korea Heritage Service and the Korea Heritage Agency, featuring a series [...]
SEOUL, July 3 (Korea Bizwire) — As South Koreans continue to grapple with high inflation and a sluggish economy, a new wave of cost-conscious consumers is turning to community-based bulk-buying as a savvy spending strategy. According to local marketplace platform Danggeun Market on Tuesday, the number of newly formed bulk-sharing groups on its platform surged [...]
SEOUL, July 2 (Korea Bizwire) — South Korea has finalized a landmark defense export deal with Poland for a second batch of K2 Black Panther tanks, marking the largest single defense export contract in the country’s history and the first major arms deal under President Lee Jae-myung’s administration. The Defense Acquisition Program Administration (DAPA) announced [...]
DAEGU, South Korea, July 2 (Korea Bizwire) – Despite sweltering heat topping 36 degrees Celsius (97°F), thousands gathered Tuesday evening in Daegu’s Duryu Park for the opening of the 13th Chimaek Festival — an annual celebration of South Korea’s beloved pairing of chicken and beer. Cooling mist systems and water trucks were deployed throughout the festival [...]
Rochester, N.Y., July 02, 2025 (Korea Bizwire) – Carestream Health today announced the introduction of its all-new DRX-Transportable System/Flex, a PC-independent retrofit system that delivers all the advantages of retrofit Digital Radiography (DR), like improved image quality, a more efficient workflow, and increased productivity—now with the added flexibility for customers to choose the PC of [...]
SEOUL, July 2 (Korea Bizwire) — South Korea’s ruling and opposition parties have reached a landmark agreement to pass a long-disputed amendment to the Commercial Act that includes the so-called “3% rule,” sparking concern across the business community over heightened risks to corporate governance and investment certainty. The amendment, scheduled for a vote in the [...]
SEOUL, July 2 (Korea Bizwire) — In a move that could become the first major diplomatic test of President Lee Jae-myung’s nascent administration, China has approached South Korea about his potential attendance at a military parade this September, commemorating the 80th anniversary of its World War II victory over Japanese aggression. Diplomatic sources revealed Wednesday [...]
SEOUL, July 2 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp. announced Wednesday the launch of UX Studio Seoul, a new open research facility in southern Seoul designed to engage the public in shaping the user experience (UX) of future mobility solutions. Replacing the original UX Studio established in 2021, the new space significantly [...]