SEOUL, June 30 (Korea Bizwire) — Major South Korean retailers have launched special pop-up stores and exclusive tie-in merchandise in collaboration with the newly released third season of Netflix’s hit series “Squid Game,” according to industry officials Monday. GS25, the convenience store chain operated by GS Group, has partnered with Netflix to showcase new collaborative [...]
SEOUL, June 30 (Korea Bizwire) — Nongshim Co., South Korea’s leading instant noodle manufacturer, announced Monday the debut of its signature Shin Ramyun menu at a franchise restaurant located within Fort Bliss, a major U.S. military base in Texas. This marks the first time Nongshim’s ramen dishes have been featured as official menu items [...]
SEOUL, June 30 (Korea Bizwire) — The South Korean central bank on Monday lifted restrictions on local institutions investing in foreign currency-denominated bonds issued for domestic use, known as kimchi bonds, in an effort to improve foreign exchange liquidity, officials said. Under the new measure, foreign exchange institutions, including foreign exchange banks, securities firms and [...]
SEOUL, June 30 (Korea Bizwire) — North Korea has informed the U.S.-led U.N. Command (UNC) of its plans to build fortifications inside the border between the two Koreas, Seoul’s defense ministry said Monday, marking the first notification of its kind in more than six months. The North notified the multinational command tasked with monitoring inter-Korean [...]
SEOUL, June 30 (Korea Bizwire) — Emart24, a South Korean convenience store chain, said Monday it will open its first outlet in India this August, marking the first entry into the world’s most populous market by a Korean convenience store. Emart24 has signed a brand license agreement with local franchise company Jung Brothers Hospitality to [...]
SEOUL, June 30 (Korea Bizwire) — As smartphones and online platforms become the dominant gateway to financial services, a new academic study has found that digital transaction literacy is the most crucial skill for sound personal financial management—outweighing traditional financial knowledge or attitudes. According to research by Professor Yang Se-jung’s team at Sangmyung University, published [...]
Singapore, June 29, 2025 (Korea Bizwire) – Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the launch of Cloud Audit, a powerful, cloud-based audit platform purpose-built for Singapore’s audit professionals. Designed to accelerate audit transformation, Cloud Audit is aligned with the Institute of Singapore Chartered Accountants (ISCA) methodology, helping firms to meet [...]
SEOUL, June 30 (Korea Bizwire) — The number of in-home care facilities serving elderly South Koreans has nearly quadrupled over the past five years, reflecting a growing preference among seniors to receive medical and support services at home rather than in institutional settings. According to data released Saturday by the Ministry of Health and Welfare, [...]
SEOUL, June 30 (Korea Bizwire) — The Bank of Korea (BOK) has put the second phase of its central bank digital currency (CBDC) pilot program on hold, signaling mounting pressure from commercial banks and a shifting digital finance landscape increasingly shaped by stablecoin developments. The abrupt pause, disclosed in a virtual meeting with participating banks [...]
SEOUL, June 30 (Korea Bizwire) — A new survey shows that South Korean workers overwhelmingly view irregular employment as the most urgent labor issue the Lee Jae-myung administration must address. According to results released Sunday by online labor advocacy group Workplace Gapjil 119, nearly four in ten salaried workers (38.8%) cited the country’s widespread use [...]