Editor's Picks Archives | Be Korea-savvy

Archive by category Editor’s Picks

Audit Reveals ‘Private Education Cartel’ Involving Teachers and Prep Schools in South Korea

Audit Reveals ‘Private Education Cartel’ Involving Teachers and Prep Schools in South Korea

SEOUL, Mar. 11 (Korea Bizwire) –The Board of Audit and Inspection of Korea has confirmed allegations of a so-called ‘private education cartel,’ involving active teachers providing mock test questions to private education companies in exchange for monetary compensation. The audit, conducted from September last year over a three-month period, scrutinized the involvement of educators in [...]

Japanese Candy Found to Contain Radioactive Material Prior to Importation to South Korea

Japanese Candy Found to Contain Radioactive Material Prior to Importation to South Korea

SEOUL, March 9 (Korea Bizwire) – A small amount of cesium, a type of radioactive material, was detected in a Japanese confectionery product slated for import to South Korea, prompting the importer to cancel its plans, the food safety agency here said Friday. During radiation inspections for imported products, 1 bequerel (Bq) per kilogram of [...]

South Korean Nurses Forced to Take on Doctor’s Duties Amid Medical Staff Exodus, Sparking Concerns

South Korean Nurses Forced to Take on Doctor’s Duties Amid Medical Staff Exodus, Sparking Concerns

SEOUL, Mar. 8 (Korea Bizwire) – In the wake of a mass departure of resident doctors, some hospitals in South Korea have controversially delegated tasks, traditionally reserved for physicians, to nurses. The Korean Nurses Association reported receiving a complaint that a nurse was instructed to pronounce a patient dead due to the absence of a doctor, [...]

South Korea Embarks on Comprehensive Plan to Support AI Autonomous Manufacturing

South Korea Embarks on Comprehensive Plan to Support AI Autonomous Manufacturing

SEJONG, Mar. 8 (Korea Bizwire) – Amid intense global competition, particularly from the United States and China, in the utilization of Artificial Intelligence (AI) in the manufacturing sector, the South Korean government has initiated a comprehensive plan to systematically support the transition of private companies to AI autonomous manufacturing.  During a meeting held in Seoul on [...]

Fu Bao’s Farewell: South Korea Bids Adieu to Beloved Panda as Legacy of Late Grandmother Xin Nier Sparks Debate in China

Fu Bao’s Farewell: South Korea Bids Adieu to Beloved Panda as Legacy of Late Grandmother Xin Nier Sparks Debate in China

SEOUL, Mar. 8 (Korea Bizwire) – Fu Bao, the first giant panda born in South Korea, is set to return to China on April 3, drawing significant attention not only to her journey but also to the story of her late grandmother, Xin Nier. Xin Nier, who passed away in 2016 due to intestinal obstruction at [...]

Chinese E-commerce Giants Accelerate Expansion in South Korea with Record-High User Growth

Chinese E-commerce Giants Accelerate Expansion in South Korea with Record-High User Growth

SEOUL, Mar. 7 (Korea Bizwire) – In a striking surge, Chinese e-commerce companies are rapidly expanding their foothold in the South Korean market, leveraging ultra-low pricing as their primary strategy. Data from application and retail analysis service WiseApp reveals that these platforms are witnessing unprecedented growth in user numbers.  As of last month, AliExpress, a leading [...]

Digital Transformation and AI Pose Both Opportunities and Challenges for South Korean Businesses, Analysis Shows

Digital Transformation and AI Pose Both Opportunities and Challenges for South Korean Businesses, Analysis Shows

SEOUL, Mar. 7 (Korea Bizwire) – A recent analysis conducted using the generative AI ChatGPT on the annual management messages of top companies has revealed that the advancements in digital transformation (DX) and artificial intelligence (AI) are seen as both a crisis and an opportunity for South Korean businesses. On March 6, the Korea Chamber of [...]

Survey Reveals Majority of Workers See Need for Unions, But Fear Repercussions in SMEs

Survey Reveals Majority of Workers See Need for Unions, But Fear Repercussions in SMEs

SEOUL, Mar. 5 (Korea Bizwire) –A recent survey conducted by the civic group Gabjil 119, in collaboration with Global Research, reveals that while a significant portion of employees recognize the necessity of labor unions in the workplace, many are hesitant to join, particularly within small and medium-sized enterprises (SMEs), due to fears of potential disadvantages. [...]

Samsung and LG Set to Compete with Launch of 2024 TV Models Amid Reviving Market

Samsung and LG Set to Compete with Launch of 2024 TV Models Amid Reviving Market

SEOUL, Mar. 4 (Korea Bizwire) –Following their simultaneous unveiling of integrated washer-dryer units last month, Samsung Electronics and LG Electronics are poised for another face-off with the concurrent launch of their 2024 TV models. Amidst expectations of a market rebound focused on premium TVs after last year’s downturn, both tech giants are doubling down on [...]