SEOUL, April 30 (Korea Bizwire) – In the first quarter of this year, South Korea’s performing arts sector witnessed its highest ticket sales since the onset of the COVID-19 pandemic, as revealed by data on Tuesday. According to statistics released by the Korea Performing Arts Box Office Information System, the collective box-office revenue from musicals, [...]
SEOUL, Apr. 29 (Korea Bizwire) – When it comes to tying the knot in spectacular fashion, Seoul’s five-star hotels have become the epitome of extravagant nuptial celebrations for South Korea’s elite. From lush floral arrangements to opulent ballrooms bathed in verdant hues, these venues provide a backdrop worthy of a queen’s pristine white dress – an [...]
BUSAN, Apr. 29 (Korea Bizwire) – A nationwide survey conducted by the Korea Maritime Institute (KMI) to mark its 40th anniversary has revealed that mackerel, often referred to as the “people’s fish,” is the most popular seafood among South Koreans. According to the survey results on public perceptions released on April 28, 14% of respondents chose [...]
SEOUL, Apr. 29 (Korea Bizwire) – A public-private consultative body will convene on April 29 to explore collaborative strategies in anticipation of the impending 2026 ban on bear farming and bile extraction, the Ministry of Environment announced on April 28. Attending the meeting will be representatives from the Ministry of Environment, the Korea National Park Service, [...]
SEOUL, Apr. 26 (Korea Bizwire) – Baemin (Baedal Minjok), South Korea’s leading food delivery platform, is launching a new subscription service called “Baemin Club” that will provide unlimited discounts on delivery fees. The announcement was made on Tuesday by Woowa Brothers, the company that operates Baemin. The primary benefits of the subscription include free delivery fees [...]
SEOUL, Apr. 26 (Korea Bizwire) — POSCO Future M Co., the battery materials unit of POSCO Holdings Inc., said Friday it will set up a joint venture (JV) with Honda Motor Co. in Canada mainly for the supply of a core battery material to the Japanese carmaker. The two companies have signed a memorandum of [...]
SEOUL, Apr. 26 (Korea Bizwire) – A groundbreaking new labeling technology that prevents forgery and counterfeiting by engraving information instead of using adhesive stickers has been developed by a team of researchers in South Korea, according to an announcement by the Ministry of Science and ICT. The research, led by professor Rho Junsuk of the Pohang [...]
SEOUL, Apr. 26 (Korea Bizwire) – Hyundai Motor Company has announced plans to manufacture hybrid vehicles at its upcoming electric vehicle (EV) plant in Georgia, United States, scheduled to commence operations in the latter half of this year. During a conference call discussing the company’s first-quarter earnings on April 25, Lee Seung Jo, Head of Hyundai’s [...]
SEOUL, April 25 (Korea Bizwire) – A major Japanese internet company partly owned by Naver, South Korea’s biggest web portal, is facing pressure from Tokyo to strip the Korean tech firm of its controlling stake after a data breach last year, an extraordinarily aggressive move that threatens to upend a rare alliance between corporate giants from [...]
SEOUL, April 25 (Korea Bizwire) – A significant number of migrant workers in South Korea have experienced wage theft, with the average amount owed surpassing 6 million won according to a recent government study. The report, titled “Research Study on the Current Situation of Wage Arrears for Migrant Workers and Remedies,” was commissioned by the National [...]