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‘Snack Movies’ Gain Momentum in South Korea as Actor Kim Nam-gil Joins Trend

‘Snack Movies’ Gain Momentum in South Korea as Actor Kim Nam-gil Joins Trend

SEOUL, Nov. 14 (Korea Bizwire) – A new short film starring Kim Nam-gil, co-produced with KB Kookmin Bank, is set to premiere exclusively at Lotte Cinema on November 20, joining a growing trend of abbreviated theatrical releases in South Korea known as “snack movies.” The 31-minute film, “How to Open a Door” will be screened for [...]

Survey Reveals Growing Acceptance of Cohabitation and Out-of-Wedlock Births in South Korea

Survey Reveals Growing Acceptance of Cohabitation and Out-of-Wedlock Births in South Korea

SEOUL, Nov. 12 (Korea Bizwire) – Nearly 7 in 10 South Koreans believe that couples can live together without getting married, and almost 40 percent support having children outside of wedlock, a government report showed Tuesday, signaling a shift in perceptions around marriage and childbearing in the traditionally conservative country. The report was based on [...]

Seoul Braces for Conflict Over Stray Cat Care as Winter Approaches

Seoul Braces for Conflict Over Stray Cat Care as Winter Approaches

SEOUL, Nov. 11 (Korea Bizwire) – As temperatures drop in Seoul, a long-simmering conflict over the care of stray cats is heating up again, pitting animal welfare advocates against local residents concerned about nuisance and ecological impact. “We must prevent these babies from freezing to death,” said a resident of Seoul’s Gwanak district, who has been [...]

’4B Movement’ Gains Traction Among American Women Following Trump’s Victory

’4B Movement’ Gains Traction Among American Women Following Trump’s Victory

SEOUL & Washington, Nov. 10 (Korea Bizwire) – In the wake of Donald Trump’s election as the 47th President of the United States, a growing number of American women are embracing the “4B movement,” a social protest originally popularized in South Korea that advocates for abstaining from dating, marriage, childbirth, and sexual relationships as a response [...]

Outrage Over Racehorse’s Tragic Death Lingers as South Korea’s Promised Animal Welfare Reforms Stall

Outrage Over Racehorse’s Tragic Death Lingers as South Korea’s Promised Animal Welfare Reforms Stall

SEOUL, Nov. 9 (Korea Bizwire) – In 2021, a retired racehorse named Mariage met a tragic end during the filming of a scene for the KBS drama “The King of Tears, Lee Bangwon.” Three years later, as animal rights advocates gathered to commemorate the horse’s death, promised reforms for animal performer protection remain largely unrealized. “Dear [...]

Trump Victory Sends Ripples Through South Korean Markets, Creating Clear Winners and Losers

Trump Victory Sends Ripples Through South Korean Markets, Creating Clear Winners and Losers

SEOUL, Nov. 9 (Korea Bizwire) – South Korean markets experienced sharp divergence on November 7 as Donald Trump’s election victory triggered significant movements across different sectors, with shipbuilding companies surging while clean energy stocks tumbled. The former U.S. president’s conversation with South Korean President Yoon Suk Yeol, during which he expressed interest in bilateral shipbuilding cooperation, [...]

Less Than 1% of Employees at Korea’s Top 100 Firms Make it to Executive Ranks, New Study Finds

Less Than 1% of Employees at Korea’s Top 100 Firms Make it to Executive Ranks, New Study Finds

SEOUL, Nov. 8 (Korea Bizwire) – According to a new study released on November 7 by the Korea CXO Research Institute, employees at Korea’s top 100 companies face steep odds in reaching executive positions, with chances falling below 1%. The study, which examined promotion possibilities at the country’s 100 largest listed companies by revenue, revealed that [...]

‘America First’ Trumponomics Feared to Dent S. Korean Exports, Heighten Market Uncertainties

‘America First’ Trumponomics Feared to Dent S. Korean Exports, Heighten Market Uncertainties

SEOUL, Nov. 7 (Korea Bizwire) — Donald Trump’s return to the White House is expected to have a significant impact on the export-driven South Korean economy and increase market volatility as he has warned of protectionist policies, decoupling from China and other drastic policy shifts across the board, experts said Thursday. “If the policy stance [...]

Data Shows Increase in Voluntarily Economically Inactive People in 2024

Data Shows Increase in Voluntarily Economically Inactive People in 2024

SEOUL, Nov. 6 (Korea Bizwire) – The number of South Koreans opting to remain economically inactive without specific reasons has gone up by 245,000 this year amid tough job market conditions and economic uncertainties, the statistics agency said Wednesday. The total number of economically inactive individuals came to 16.21 million as of August, up 48,000 [...]

70% of Korean Companies See Extended Retirement Age as Management Burden, Survey Finds

70% of Korean Companies See Extended Retirement Age as Management Burden, Survey Finds

SEOUL, Nov. 6 (Korea Bizwire) – A new survey has revealed that seven out of 10 Korean companies believe extending the retirement age would create significant management challenges due to seniority-based wage systems, according to findings released on November 5 by the Korea Enterprises Federation (KEF).  The survey, conducted by Research & Research on behalf of [...]