SEOUL, May 29, 2025 (Korea Bizwire) — With forecasts pointing to another record-breaking heatwave this summer, South Korea’s construction industry is ramping up health and safety measures to protect outdoor workers from heat-related illnesses. Major construction firms have begun implementing advanced heat-response protocols ahead of new amendments to the Industrial Safety and Health Act, set [...]
SEOUL, May 29 (Korea Bizwire) — The average cost of a wedding in South Korea has reached ₩21.01 million (approximately $15,400), with costs in Seoul’s affluent Gangnam district soaring to nearly three times that of the most affordable regions, according to a newly released nationwide survey by the Korea Consumer Agency. The agency’s first comprehensive [...]
SEOUL, May 29 (Korea Bizwire) — In a landmark ruling, South Korea’s Patent Court has confirmed that foreign companies selling patent-infringing products through overseas e-commerce platforms can be held accountable under Korean patent law — if their sales target domestic consumers. The ruling, handed down by the 21st Civil Division of the Patent Court, sided [...]
MANILA, May 29 (Korea Bizwire) — Korean dramas are not just winning hearts in the Philippines — they’re reshaping drinking habits, too. Fueled by scenes of characters sharing drinks over grilled pork belly or mixing soju and beer, a growing number of Filipinos in their 20s and 30s are embracing Korea’s iconic green-bottle liquor. At [...]
SEOUL, May 28 (Korea Bizwire) — LG CNS announced Wednesday it has significantly upgraded its artificial intelligence-based software development platform, expanding its capabilities beyond coding to encompass the entire system development lifecycle — from analysis and design to testing and quality diagnostics. The platform, formerly limited to code generation under the name “DevOn AI Driven [...]
SEOUL, May 29 (Korea Bizwire) — The South Korean government has launched a major initiative to develop core technologies for robot-friendly buildings, aiming to reshape the urban built environment for seamless human-robot coexistence. The Ministry of Land, Infrastructure and Transport announced Wednesday that it will invest ₩180 billion (approximately $135 million) over the next three [...]
SEOUL, May 29, 2025 (Korea Bizwire) — Despite having more flood infrastructure than rural areas, South Korea’s major cities such as Seoul, Incheon, and Busan are at higher risk of flooding, according to a new artificial intelligence-driven study. A joint research team from Pohang University of Science and Technology (POSTECH) and Kyungpook National University used [...]
SEOUL, May 28 (Korea Bizwire) — A South Korean research team has unveiled a new software tool that securely deletes personal information stored in vehicle systems, aiming to mitigate privacy risks associated with secondhand car sales. Dankook University announced Wednesday that it has developed the “ACAT Privacy” program in partnership with vehicle forensics firm CP6. [...]
• Total Revenues of $144.1M, up 13% year-over-year • Subscription Revenues of $125.6M, up 14% year-over-year WILMINGTON, N.C., May 28, 2025 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced financial results for the first quarter of fiscal year 2026, ended April 30, 2025. “Strong execution drove financial results above guidance, underscoring our ability [...]
SEOUL, May 28, 2025 — A potential eruption of Japan’s Mt. Fuji is unlikely to cause significant volcanic ash fallout in South Korea, according to South Korean disaster response authorities and experts. The Ministry of the Interior and Safety held a high-level meeting Tuesday with members of the Volcanic Disaster Preparedness Committee, the Korea Meteorological [...]