SEOUL, June 4 (Korea Bizwire) — CJ Foodville Corp., the restaurant arm of food and entertainment conglomerate CJ Group, said Wednesday its bakery franchise Tous les Jours has opened its first outlet in Malaysia as part of its overseas expansion strategy. In addition to the newly opened store in Kuala Lumpur, the company plans to [...]
SEOUL, June 4 (Korea Bizwire) — Hanwha Ocean Co., a major South Korean shipbuilder, said Wednesday it has signed a memorandum of understanding (MOU) with Norway’s ship classification society DNV to collaborate on fuel tank technology. The MOU was signed during the Nor-Shipping 2025 conference, a biennial global maritime event, that began Monday and will [...]
SEOUL, June 4 (Korea Bizwire) — South Korea’s exports of pharmaceutical products reached an all-time high in the first quarter thanks to strong demand for Korean medicines in the European market, data showed Wednesday. Outbound shipments of pharmaceuticals came to a quarterly high of US$2.56 billion in the January-March period, up 17.7 percent from a [...]
SEOUL, June 4 (Korea Bizwire) — The number of employees newly registered for the country’s four major state insurance programs fell to a record low in 2023, marking the second consecutive year of decline, data showed Wednesday. A total of 26.14 million people were registered as employees in 2023, up 0.3 percent, or 88,000 individuals, [...]
SEOUL, June 4 (Korea Bizwire) —At least two South Korean companies are among the early contenders to partner in one of the largest energy infrastructure initiatives in North America: the Alaska LNG project, a $44 billion liquefied natural gas endeavor led by U.S. energy firm Glenfarne Group. Glenfarne, which is spearheading the project through its [...]
TAMPERE, Finland, June 04, 2025 (Korea Bizwire) – Framery, the global leader in designing, manufacturing, and marketing soundproof office pods, is proud to announce its 15th anniversary, a milestone that also marks 15 years since the company invented the office pod, fundamentally changing how millions work. Founded in 2010, Framery was born out of the [...]
LONDON, June 04, 2025 (Korea Bizwire) – The Global Business Complexity Index (GBCI), recently launched by TMF Group, analyses the business environment of 79 jurisdictions, accounting for 94% of the world’s GDP. It also ranks them based on over 250 indicators of business complexity, with the jurisdiction ranked 1st as the most complex and the jurisdiction ranked 79th, [...]
SEOUL, June 4 (Korea Bizwire) — As Lee Jae-myung steps into the South Korean presidency, he inherits a nation weighed down by global headwinds and domestic fatigue. Confronted by a trade war brewing across the Pacific and an economy teetering on stagnation, the former human rights lawyer-turned-political brawler is shifting into the role of crisis manager [...]
SEOUL, June 4 (Korea Bizwire) — As South Korea prepares to usher in a new administration following the 21st presidential election, the nation’s digital asset industry is poised for a potential regulatory breakthrough, with both leading candidates expressing support for broader integration of blockchain-based financial products into the legal framework. Both Lee Jae-myung and Kim [...]
SEOUL, June 4 (Korea Bizwire) — South Korea will host a series of events marking World Environment Day from June 4 to 13, with a flagship ceremony taking place in Jeju on June 5—the first time in 28 years that the global observance is held in the country. The ceremony, organized by the Ministry of [...]