SEOUL, Jan. 5 (Korea Bizwire) –According to a CNN report on January 4, a series of social media posts demonstrating car theft methods have contributed to a more than tenfold increase in thefts of certain Hyundai and Kia models in the United States over the past three years. Data from the Highway Loss Data Institute [...]
SEOUL, Jan. 5 (Korea Bizwire) – As the new year dawns, persisting high inflation continues to impact South Korea’s MZ generation (Millennials and Generation Z), prompting them to find various ways to tighten their belts. These younger generations are not only increasing their income through ‘side hustles’ or frugal financial planning but are also looking for [...]
SEOUL, Jan. 5 (Korea Bizwire) – A survey conducted by the Ministry of Agriculture, Food and Rural Affairs and the Korean Food Promotion Institution has revealed that Korean-style chicken, ramen, and kimchi are the most favored Korean dishes among foreigners. The survey, targeting residents of major cities like Beijing, Ho Chi Minh City, and New York, [...]
SEOUL, Jan. 5 (Korea Bizwire) – Recent data from the Ministry of Health and Welfare and the Korea Disease Control and Prevention Agency (KDCA) reveal a significant decrease in the daily smoking rates among South Koreans aged 15 and above in the past decade. As of 2021, the daily smoking rate – the percentage of people [...]
GEOJE, Jan. 4 (Korea Bizwire) –Daewoo Shipbuilding & Marine Engineering, currently known as Hanwha Ocean, is embroiled in a security breach involving the leak of submarine blueprints to Taiwan, with the South Korean police conducting an investigation. According to police reports on January 4, the South Gyeongsang Provincial Police Agency has begun an investigation into [...]
SEOUL, Jan. 4 (Korea Bizwire) – Samsung Electronics’ Internet of Things (IoT) platform, SmartThings, is set to extend to Hyundai Motor Group’s connected car services, forging a seamless integration between vehicles and homes. Samsung Electronics and Hyundai Motor Group have announced a business partnership to develop Home-to-Car and Car-to-Home services. This collaboration, disclosed on January 4, [...]
SEOUL, Jan. 4 (Korea Bizwire) – BMW Korea overtook Mercedes-Benz Korea to become the leading foreign automobile company in South Korea last year in terms of sales, industry data showed Thursday. According to the Korea Automobile Importers & Distributors Association (KAIDA), the number of newly registered BMW models last year reached 77,395 units out of the [...]
SEOUL, Jan. 4 (Korea Bizwire) – Starbucks Korea has announced the opening of its first pet-friendly store in Guri, Gyeonggi Province, set to welcome customers on January 5. The Guri Galmae DT store, located in Galmae-dong, is the first Starbucks in the country to feature a designated space for customers to relax with their pets. In [...]
SEOUL, Jan. 4 (Korea Bizwire) –South Korea is witnessing a significant impact on its education sector due to a sharp decline in the school-age population, a consequence of the country’s critically low birth rate. This year, the number of students entering elementary school has fallen below 400,000, and it’s anticipated to soon drop below 300,000. [...]
GOYANG, Jan. 4 (Korea Bizwire) –Ilsan Lake Park in Goyang, Gyeonggi Province, a popular destination attracting over 100,000 visitors daily, has maintained first-class water quality even during abnormal high-temperature weather conditions. According to the city on January 3, despite the severe algae bloom observed nationwide in waterside parks due to last summer’s record-breaking heatwave, the [...]