SEOUL, Sept. 11 (Korea Bizwire) – A recent government study has unveiled significant economic disparities between men and women in South Korea, particularly when it comes to marriage and parenthood. The analysis, conducted by Statistics Korea, focused on the socioeconomic characteristics of adults aged 25 to 39, shedding light on how marital status and children affect [...]
SEOUL, Sept. 9 (Korea Bizwire) – With the European Union preparing to enforce stricter eco-friendly labeling guidelines starting next September, a recent survey has revealed that South Korean companies are significantly underprepared for the global crackdown on “greenwashing.” Greenwashing, a portmanteau of “green” and “whitewashing,” refers to the deceptive practice of marketing products or corporate activities [...]
SEOUL, Sept. 7 (Korea Bizwire) – In a recent episode of the popular South Korean variety show “You Quiz on the Block,” divorce attorney Choi Yu-na offered startling insights into the world of marital infidelity, drawing from her experience as both a legal professional and the writer of the drama series “Good Partner.” Choi, known for [...]
SEOUL, Sept. 7 (Korea Bizwire) – A recent investigation by the Seoul Metropolitan Government has revealed that only a small fraction of the five-star hotels in the city transparently display all-inclusive room rates on their website homepages, raising concerns about widespread deceptive marketing practices in the luxury hospitality sector. The study, conducted from June 10 to [...]
SEOUL, Sept. 6 (Korea Bizwire) – Samsung Electronics and LG Electronics have introduced their latest artificial intelligence companion robots at IFA 2024, Europe’s largest consumer electronics trade show. Samsung’s offering, a spherical yellow robot named Ballie, took center stage during a demonstration on September 5, a day before the official opening of IFA. The robot showcased [...]
SEOUL, Sept. 6 (Korea Bizwire) – The government said Friday it will conduct prior safety checks on electric vehicle (EV) batteries and require EV makers to disclose their battery brands to address public concerns about spontaneous fires in EVs. The plan was finalized during a government meeting led by Prime Minister Han Duck-soo as part [...]
WASHINGTON, Sept. 5 (Korea Bizwire) –The United States said Thursday that it is seeking new export controls on quantum computing, advanced semiconductor manufacturing equipment and other technologies, in what it called a national security measure that observers said would have limited ramifications on South Korean firms. The Commerce Department’s Bureau of Industry and Security released [...]
SEOUL, Sept. 5 (Korea Bizwire) – A fierce “recruitment war” is unfolding across South Korea as hospitals scramble to staff their emergency rooms, highlighting a growing crisis in the country’s healthcare system. Some hospitals are offering annual salaries of up to 400 million won for emergency medicine specialists, yet still struggle to fill positions. The situation [...]
SEOUL, Sept. 4 (Korea Bizwire) – In a significant shift within South Korea’s fiercely competitive food delivery app market, the long-standing market leader, Baemin, has seen its market share dip below 60% for the first time in two years. This change comes as rival Coupang Eats gains ground, capitalizing on the prolonged free delivery competition that [...]
SEOUL, Sept. 2 (Korea Bizwire) — A recent survey has revealed that nearly 43% of South Koreans aged 20 to 49 have no intention of having children, highlighting the persistent demographic challenges facing the country. However, the study also suggests that expanded government policies and corporate support could sway a significant portion of this group to [...]