SEOUL, April 16, (Korea Bizwire) — Nearly one-third of Seoul’s underground sewer lines have surpassed 50 years of age, with some districts relying on antiquated infrastructure for more than half of their networks, raising concerns over public safety and the growing risk of sinkholes. According to data disclosed by Rep. Jin Sun-mi of the Democratic [...]
SEOUL, April 16, (Korea Bizwire) — A recent investigation by the Korea Consumer Agency (KCA) has uncovered widespread mislabeling and deceptive advertising practices in pet supplements sold both online and offline, raising concerns over product safety and consumer misinformation. The agency announced on Tuesday that out of 20 pet nutritional products it tested, a significant [...]
SEOUL, April 16, (Korea Bizwire) — A large majority of South Korean small and medium-sized enterprises (SMEs) employing foreign workers under the country’s Employment Permit System expressed satisfaction with the current framework, despite persistent concerns about language barriers and bureaucratic complexity, a new survey shows. According to the Korea Federation of SMEs, 86.8 percent of [...]
SEOUL, April 16, (Korea Bizwire) — Private education during early childhood does not significantly enhance children’s language, problem-solving skills, or future academic performance, according to a new study by South Korea’s leading child policy research institute. Kim Eun-young, a senior researcher at the Korea Institute of Child Care and Education, presented the findings Monday during [...]
SEOUL, April 16, (Korea Bizwire) — After a brief slowdown at the end of 2024, South Korea’s budget mobile phone market is rebounding in early 2025, buoyed by new low-cost 5G data plans and increased government support. According to data released Monday by the Ministry of Science and ICT, the number of mobile subscriptions under [...]
SEOUL, April 15 (Korea Bizwire) — LG Twins manager Youm Kyoung-youb was slapped with a fine of 2 million won (US$1,400) Tuesday after bumping an umpire in a heated argument during a recent game. The Korea Baseball Organization (KBO) handed down the penalty on Youm four days after the incident during the Twins’ game against [...]
SEOUL, April 15 (Korea Bizwire) — North Korea was behind a massive distribution of phishing emails to South Koreans between late last year and early this year, the Korean National Police Agency (KNPA) said Tuesday. The agency said a North Korean hacking group sent 126,266 fake emails to 17,744 people in South Korea from last [...]
Veteran tech executive to lead Panopto’s next chapter of innovation and global expansion PITTSBURGH, April 15, 2025 (Korea Bizwire) – Panopto, the leading AI-powered video learning platform, today announced the appointment of Stephen Laster as Chief Executive Officer. A proven technology and product leader, Laster brings more than two decades of executive experience driving digital transformation and innovation [...]
Rutger Bosland, the engineer and technical lead who oversaw the design, build and successful test deployment of Allseas’ integrated nodule collection system, joins TMC to lead offshore innovation and scale its technologies for commercial production As Chief Innovation and Offshore Technology Officer (CIOTO), Rutger will focus on the Company’s efforts to optimize the performance of [...]
A new AI-powered suite of tools designed to accelerate time-to-insight for investment professionals NEW YORK, April 15, 2025 (Korea Bizwire) — Bipsync, the leading research management software (RMS) purpose-built for investment management, today announced the launch of Bipsync AI, a new suite of artificial intelligence features designed to empower investment teams to quickly and securely [...]