UFA announces the launch of ATTranscribe WOBURN, Mass., May 12, 2025 (Korea Bizwire) – UFA, Inc., a world leader in aviation safety solutions, today announced the launch of ATTranscribe, a revolutionary software product that dramatically reduces licensed controllers’ workloads while increasing safety. Currently, air traffic operators and safety organizations devote significant time to reviewing safety [...]
SEOUL, May 12 (Korea Bizwire) — South Korean job platforms Albamon and Incruit are ramping up efforts to prevent further data breaches following recent hacking incidents that exposed the personal information of tens of thousands of users. Albamon, a major part-time job listing site, announced that it will begin notifying affected members as early as next [...]
BUSAN, May 12 (Korea Bizwire) — Art Busan 2025 concluded its four-day run on Sunday, drawing more than 60,000 visitors, including collectors, institutional buyers, and art enthusiasts, according to organizers. Now in its 14th year, the international art fair opened with a VIP preview on May 8 and featured 109 galleries from 17 countries. Despite headwinds from [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s exports dropped 23.8 percent from a year earlier in the first 10 days of this month mainly due to a reduced number of working days, data showed Monday. Outbound shipments reached US$12.83 billion in the May 1-10 period, compared with $16.84 billion tallied a year earlier, according [...]
SEOUL, May 12 (Korea Bizwire) — Samsung Electronics Co. said Monday it has launched a large-scale outdoor advertisement campaign for its artificial intelligence (AI) technology for televisions in major cities across the world to solidify its position as a global leader in the field. The South Korean tech giant said it has begun running outdoor [...]
SEOUL, May 12 (Korea Bizwire) — Swedish furniture giant IKEA held a briefing session in Seoul on Monday to expand its network of eco-friendly and recycled product suppliers from South Korea, according to the country’s state-run trade promotion agency. IKEA’s Northeast Asia purchasing office hosted the 2025 IKEA Day event at the headquarters of the [...]
SEOUL, May 12 (Korea Bizwire) — South Korea has newly designated robotics and defense technologies as part of its portfolio of advanced technologies the country aims to strategically develop as new economic growth engines, the industry ministry said Monday. The Ministry of Trade, Industry and Energy posted a notification of designation of the two new [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s economy is showing signs of a slowdown, as reflected in a range of economic indicators across various sectors, primarily due to deteriorating export conditions amid growing concerns over a global trade war, a state-run think tank said Monday. “The South Korean economy is facing a slowdown, as [...]
SEOUL, May 12 (Korea Bizwire) — In a striking turn of events at the 2025 Korean box office, Yadang: The Snitch has overtaken Bong Joon-ho’s Hollywood sci-fi epic Mickey 17 to become the year’s top-grossing film—thanks to a slow-burning surge powered by viewer recommendations and strategic release timing. Mickey 17, one of the most anticipated theatrical [...]
SEOUL, May 12 (Korea Bizwire) — As South Korea grapples with the financial implications of its aging population, the government has released the nation’s first full-scale survey on so-called “dementia money”—the frozen assets held by elderly citizens with dementia—and experts are urging swift action modeled on Japan’s experience. According to the Presidential Committee on Aging Society [...]