SEOUL, Jan. 2 (Korea Bizwire) — Deceptive and exaggerated online advertising is proliferating in South Korea, fueled by weak pre-screening rules, limited enforcement capacity and the rapid spread of artificial intelligence tools that make fake claims harder to detect, according to government officials and regulators. Across platforms such as YouTube, Instagram and TikTok, consumers are increasingly [...]
HANOI, Vietnam, Jan. 01, 2026 (Korea Bizwire) – Before the global media, Vietnam’s rapid tech ascent took center stage. CT Group ended 2025 by unveiling ASEAN’s landmark projects two spearhead sectors: Unmanned Aerial Vehicles (UAV) and the Low Altitude Economy (LAE), revealing a future never seen before. On December 29, 2025, at Hanoi’s Ho Guom Opera [...]
SEOUL, Dec. 31 (Korea Bizwire) — The head of South Korea’s data protection regulator said Wednesday that Coupang should come up with compensation acceptable for victims of its massive data leak amid strong backlash against the online retailer’s offer of vouchers and discounts. Song Kyung-hee, head of the Personal Information Protection Commission, made the call [...]
SEOUL, Dec. 31 (Korea Bizwire) — South Korea is set to fully ban its decades-old controversial practice of bear bile farming next year, according to officials Wednesday, although about 200 bears are still in captivity. Since 1981, South Korea has allowed the import and breeding of bears in an effort to boost income for farmers [...]
SEOUL, Dec. 31 (Korea Bizwire) — A broader swath of South Korean companies will soon be required to file regulatory disclosures in English, a move aimed at opening the country’s capital markets further to foreign investors, even as a newly enacted pro-labor law is set to raise compliance risks for businesses. Beginning May 1, the Financial [...]
SEOUL, Dec. 31 (Korea Bizwire) — Celltrion Inc., a major South Korean biopharmaceutical company, said Wednesday it expects its annual operating profit to exceed 1 trillion won (US$693 million) for the first time this year, driven by strong sales of high-end products. The company forecast its operating profit will more than double to 1.16 trillion [...]
SEOUL, Dec. 31 (Korea Bizwire) — The number of high-skilled workers in South Korea grew for the fourth consecutive year in 2024, with such jobs in the semiconductor sector increasing by the most, government data showed Wednesday. The total number of industrial technology workers stood at 1.74 million as of end-2024, up 1.1 percent from [...]
SEOUL, Dec. 31 (Korea Bizwire) — The interim head of Coupang Corp., the South Korean unit of U.S.-listed Coupang Inc., said Wednesday that the company’s compensation plan for a recent data breach will not include any conditions requiring customers to waive their right to file lawsuits against the e-commerce giant. Responding to a question from [...]
SEOUL, Dec. 31 (Korea Bizwire) — The Fair Trade Commission (FTC) said Wednesday it has imposed fines totaling 93.5 billion won (US$64.8 million) on three construction companies and CJ Group for illegal inter-subsidiary transactions. The FTC said it fined Daebang Construction Co., JungHeung Construction Co., Woomi Co. and CJ Group, and referred them to the [...]
SEOUL, Dec. 31 (Korea Bizwire) — Regular physical activity sustained over time can significantly reduce the risk of depressive symptoms, according to a large-scale Korean study that underscores the mental health benefits of even moderate exercise. Researchers at the National Institute of Health, under the Korea Disease Control and Prevention Agency, analyzed data from 19,112 adults [...]