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IT Industry Giants Launch Major Hiring Drives for AI and Tech Experts

IT Industry Giants Launch Major Hiring Drives for AI and Tech Experts

SEOUL, Feb. 26 (Korea Bizwire) – In an era where technological advancements are rapidly reshaping industries, companies are intensifying their efforts to secure top talent, particularly in artificial intelligence and other cutting-edge fields. The recruitment of experienced professionals has become more dynamic, with firms expanding their hiring scope and, in some cases, forgoing traditional recruitment cycles [...]

K-Pop Power: How Global Brands are Tapping into the Korean Wave

K-Pop Power: How Global Brands are Tapping into the Korean Wave

  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 [...]

S. Korea to Offer Tax Incentives to Boost Value of Listed Firms

S. Korea to Offer Tax Incentives to Boost Value of Listed Firms

SEOUL, Feb. 26 (Korea Bizwire) — The financial regulator said Monday that it will work to incentivize efforts by local businesses to enhance their own value that will in turn lead to increased returns to investors. The move comes as part of efforts to end the “Korea Discount,” where local shares are traded at prices [...]

Seoul Launches Initiative to Transform Unused Spaces into Parking Lots

Seoul Launches Initiative to Transform Unused Spaces into Parking Lots

SEOUL, Feb. 26 (Korea Bizwire) – The Seoul Metropolitan Government announced on February 25 that it is seeking participants for its “Home Parking Lot” project, an initiative aimed at addressing the parking shortage in residential areas by converting unused spaces, such as vacant lots, into parking lots.  This project, initially introduced in 2004 under the name [...]

Panda Craze Sweeps Nation as Fubao Bids Farewell to South Korea

Panda Craze Sweeps Nation as Fubao Bids Farewell to South Korea

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 [...]

Caught in the Crosshairs: South Korea’s Water Deer Struggle for Survival Amid Modern Threats

Caught in the Crosshairs: South Korea’s Water Deer Struggle for Survival Amid Modern Threats

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, [...]

South Korean Doctors and Medical Students Rally Against Admissions Increase, Testing Government Resolve

South Korean Doctors and Medical Students Rally Against Admissions Increase, Testing Government Resolve

SEOUL, Feb. 23 (Korea Bizwire) – In a dramatic turn of events, the medical community in South Korea has launched a series of protests, including mass resignations by resident doctors and a collective leave of absence by medical students, in opposition to the government’s plans to increase medical school admissions. This move has sparked widespread concern [...]

Ssangbangwool Announces Generous Childbirth Incentives to Combat Low Birth Rates

Ssangbangwool Announces Generous Childbirth Incentives to Combat Low Birth Rates

SEOUL, Feb. 23 (Korea Bizwire) – SBW Group has declared its commitment to addressing South Korea’s declining birth rates by offering substantial childbirth incentives to its employees. During a campaign launch ceremony held at its headquarters in Yongsan-gu, Seoul, the conglomerate announced that from January 1 of this year, employees with over five years of service [...]

Japan Reasserts Claim to Dokdo Islets, Straining Ties with South Korea on ‘Takeshima Day’

Japan Reasserts Claim to Dokdo Islets, Straining Ties with South Korea on ‘Takeshima Day’

TOKYO, Feb. 23 (Korea Bizwire) – On February 22, a significant controversy resurfaced as the Japanese government, local municipalities, and certain conservative media outlets reiterated their contentious claim over Dokdo, an islet Korea asserts sovereignty over, but Japan refers to as “Takeshima.” This assertion was made during the observance of what is known as “Takeshima Day,” [...]

South Korea Sees Slight Increase in Life Satisfaction, Yet Remains Low on OECD Happiness Index

South Korea Sees Slight Increase in Life Satisfaction, Yet Remains Low on OECD Happiness Index

SEOUL, Feb. 23 (Korea Bizwire) – While South Koreans’ quality of life has seen some improvement, the country continues to rank near the bottom among OECD member nations in terms of life satisfaction. According to a recent report from Statistics Korea, the life satisfaction score for South Koreans in 2022 was 6.5, a slight increase of [...]