SEOUL, June 1 (Korea Bizwire) – In a novel approach to combat mosquitoes and other pests, Gangnam District in Seoul has become the first area in the South Korean capital to launch a drone squad for targeted insecticide spraying. At a ceremony on May 31 at Neulbeot Neighborhood Park, Gangnam officials unveiled their new drone unit [...]
June, 1 (Korea Bizwire) –In an extraordinary effort to incentivize childbirth among its workers, the Booyoung Group, a major South Korean construction company, has paid out around 7 billion won to 66 employees who had babies, awarding each new parent the equivalent of 100 million won per child. The eye-popping “birthrate bonuses,” which were granted [...]
JEJU, South Korea, May 31 (Yonhap) – Provincial government heads on Friday each proposed various policy directions to develop their cities as a potential solution to the country’s rapidly aging population coupled with a low fertility rate. The remarks were made during a session on global branding policies for globalization at the Jeju Forum for [...]
UIJONGBU, May 31 (Korea Bizwire) – In a first for a South Korean provincial government, Gyeonggi Province announced on May 30 that it will distribute 10,000 queen bees starting in June to help beekeepers recover from winter bee colony losses. Since March, the province has been working diligently with municipal governments and beekeepers’ associations to raise [...]
SEOUL, May 31 (Korea Bizwire) – A towering new public art installation, standing 32 meters tall, is set to become a landmark in the heart of Seoul. On May 30, the Seoul Metropolitan Government announced that it would be holding an opening ceremony at 3:30 p.m. on May 31 for the “Rain Veil” artwork at the [...]
SEOUL, May 30 (Korea Bizwire) — Samsung Electronics said Thursday its new artificial intelligence-powered laptop will be available globally next month as part of its plans to lead the AI era. Powered by Qualcomm’s Snapdragon X Elite, a next-generation processor, the Galaxy Book 4 Edge features both on-device and cloud AI capabilities. These include real-time [...]
SEOUL, May 30 (Korea Bizwire) – South Korea’s automakers led all industries in cash dividends paid to shareholders last year, reflecting a boom in exports and demand for eco-friendly vehicles even as a global chip slump weighed on technology giants. Listed companies distributed a total of 29.5 trillion won in cash dividends for 2023, up 3.3% [...]
SEOUL, May 29 (Korea Bizwire) – The spate of tanghulu (Chinese candied fruit skewer) shop closures in South Korea is a foretold tragedy. An analysis shows that tanghulu sales peaked in September 2023, just six months after the trend took off, and have been rapidly declining since. The fleeting nature of fad food businesses like Taiwanese [...]
SEOUL, May 29 (Korea Bizwire) — South Korea’s major mobile carrier SK Telecom Co. said Wednesday it has officially launched its artificial intelligence (AI)-based veterinary care assistance service X Caliber in Australia and Indonesia. It marks the first official launch of X Caliber outside of South Korea, SK Telecom said, adding the company will work [...]
SEOUL, May 29 (Korea Bizwire) – Where do young adults in Seoul most frequently dine out on weekends? According to an analysis by the Shinhan Card Big Data Research Institute, the trendy district of Mapo has overtaken the city’s traditional downtown as the prime weekend dining destination for those in their 20s. From 2019 through last [...]