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A2MAC1 and Gasgoo Enter Global Partnership to Explore New Automotive Intelligence Services

Shanghai/Paris, April 24, 2025 (Korea Bizwire) – A2MAC1, the global leader in automotive benchmarking and cost engineering, is proud to announce a global partnership with Gasgoo, the global leading automotive industry information service platform. The agreement was officially signed by the CEOs of both companies, Tina ZHOU and Patrick KATENKAMP, marking a significant milestone in their collaboration. Under [...]

New survey shows that over 90% of animal owners trust and appreciate veterinary teams but underestimate the demands of the profession

New survey data show 94% of animal owners appreciate the work of veterinarians1, compared to only 49% of veterinary professionals feeling their profession is appreciated, among other findings.2 The survey confirms differences in perspectives: 65% of animal owners think veterinarians have a good work-life balance1 while 48% of veterinarians say animal owners underappreciate the way they [...]

Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders

VICTORIA, Seychelles, April 24, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced rewards, and expanded coverage for both spot and futures markets. This strategic [...]

Ex-President Moon Indicted Over Alleged Bribery

JEONJU, South Korea, April 24 (Korea Bizwire) — Prosecutors said Thursday they have indicted former President Moon Jae-in over charges of bribery in connection with allegations of facilitating the employment of his former son-in-law at an airline. Moon, who served as president from 2017 to 2022, was indicted for corruption, while former lawmaker Lee Sang-jik, [...]

HD KSOE Q1 Net Profit Triples on Strong Ship Sales

SEOUL, April 24 (Korea Bizwire) — HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Thursday its net income more than tripled in the first quarter from a year earlier on increased sales and strong demand for high-value vessels. The consolidated net profit of South Korea’s top shipyard came to 611.6 billion won (US$427.8 [...]

Longer Life Expectancy Dampens Consumer Spending in South Korea, KDI Report Finds

SEOUL, April 24, (Korea Bizwire) — Rising life expectancy in South Korea is contributing to a notable decline in consumer spending, as more individuals prioritize saving for retirement over immediate consumption, according to a new report released on April 23, 2025, by the Korea Development Institute (KDI). The report, titled “The Impact of Demographic Factors [...]

Fresh Food Becomes Battleground in Retail War as E-commerce and Offline Giants Escalate Competition

SEOUL, April 24, (Korea Bizwire) — South Korea’s retail sector is undergoing a seismic shift as e-commerce giants and traditional retailers alike double down on fresh food—a category once dominated by brick-and-mortar stores—as a key to future growth and survival. Coupang, the country’s leading e-commerce platform, is aggressively expanding its fresh food business in 2025, [...]

Year-Round Beach Culture Blossoms at South Korea’s Mangsang Beach

DONGHAE. South Korea, April 24 (Korea Bizwire) — Mangsang Beach in Donghae City, Gangwon Province—known for its expansive stretch of white sand the size of 25 soccer fields—is rapidly shedding its seasonal identity as a summer destination, transforming into a year-round hotspot for domestic tourism. According to Donghae City officials on April 23, 2025, the [...]

New Anti-Vaping Campaign Urges Teens: “Don’t Vape — Avoid a Life of Addiction”

SEOUL, April 24, (Korea Bizwire) —South Korea’s Ministry of Health and Welfare, together with the Korea Health Promotion Institute, unveiled the country’s first anti-smoking advertisement of 2025 on April 24, with a targeted campaign aimed at curbing electronic cigarette use among teenagers. The campaign, launched across YouTube, social media platforms, broadcast television, and in public [...]

South Korea to Establish Carbon-Capturing Blue Hydrogen Plant in Taean as Coal Power Phase-Out Begins

TEAAN, South Korea, April 23 (Korea Bizwire) — As South Korea embarks on the phase-out of coal-fired power generation, a major blue hydrogen production facility is set to be built in Taean, South Chungcheong Province, signaling a pivotal shift toward clean energy and carbon neutrality. On April 23, 2025, South Chungcheong Province, Taean County, Korea [...]