SEOUL, Feb. 26 (Korea Bizwire) – As K-pop continues to capture hearts worldwide, the food and beverage industry is keenly leveraging this global phenomenon by collaborating with K-pop artists to target international markets. Coca-Cola is setting a prime example by launching a special edition product named ‘Coca-Cola Zero K-Wave’ in 36 countries, drawing inspiration from [...]
SEOUL/YONGIN, Feb. 24 (Korea Bizwire) –As South Korea prepares to bid farewell to Fu Bao, the beloved giant panda mascot of Everland, a surprising trend has emerged among the country’s young adults. Convenience store owners find themselves overwhelmed by the demand for “FuTong cards,” a playful abbreviation for the “Fu Bao Transportation Card.” Despite continuous [...]
SEOUL, Feb. 24 (Korea Bizwire) –In a concerning development for wildlife conservation, the water deer (Hydropotes inermis argyropus) in South Korea are embroiled in a struggle for survival. Classified as a vulnerable species by the International Union for Conservation of Nature (IUCN), the water deer shares its precarious status with renowned fauna such as lions, [...]
SEOUL, Feb. 23 (Korea Bizwire) – Starting as early as May, significant portions of greenbelt areas designated for strategic local projects are set to be deregulated. This unprecedented move will allow for unlimited greenbelt releases, and even high-conservation-value lands will see eased restrictions to attract investments. While the government justifies this initiative as a boost for [...]
SEOUL, Feb. 22 (Korea Bizwire) – A recent study has revealed that a higher resting heart rate is associated with an increased risk of developing diabetes, a chronic condition. The Korea Disease Control and Prevention Agency reported that the National Institute of Health used data from 8,313 participants aged 40 and above, who took part in [...]
SEOUL, Feb. 21 (Korea Bizwire) – Electric vehicle (EV) subsidies in South Korea are facing scrutiny as disparities in subsidy amounts, particularly between Tesla’s Model Y RWD and Hyundai’s Ioniq 6, spark debates on potential favoritism towards domestic car manufacturers. The Ministry of Environment, responsible for the subsidy program, has revamped the subsidy structure to favor [...]
SEOUL, Feb. 21 (Korea Bizwire) – A recent study by the Korean Society for the Study of Obesity reveals that 2 in 5 adults in South Korea fall into the obese category, with the prevalence of extreme obesity nearly tripling over the past 10 years. The study, utilizing data from the National Health Insurance Service and [...]
SEOUL, Feb. 19 (Korea Bizwire) – The aggressive entry of Chinese e-commerce companies into the South Korean market, leveraging ultra-low prices, has raised concerns over their compliance with local laws. Criticisms are mounting as these firms are accused of frequently making use of advertisements that violate regulations through mobile applications and other digital channels, and showing [...]
SEOUL, Feb. 19 (Korea Bizwire) — The state human rights watchdog called Monday for measures to relieve the digital alienation of seniors by providing customized training and introducing senior-friendly digital devices. The National Human Rights Commission of Korea (NHRCK) said it made the recommendation to the science minister earlier this month, calling for the introduction [...]
SEOUL, Feb. 16 (Korea Bizwire) – The rapid penetration of Chinese e-commerce platforms like AliExpress and Temu, known for their ultra-low-priced products, into the South Korean market has prompted the government to take action. Concerns are growing that the domestic market for everyday consumer goods, including household items and clothing, could become dominated by “Made in [...]