TAEBAEK, Dec. 25 (Korea Bizwire) – Taebaek City is dedicated to officially designating Taebaeksan Cheonje as an intangible cultural property, highlighting its profound cultural significance. This ritual event takes place on October 3, the National Foundation Day, at the Cheonjedan atop Mount Taebaek, a revered national symbol. The ceremony is a spiritual offering for global [...]
SEOUL, Dec. 25 (Korea Bizwire) – Amid a severe decline in birth rates, the increasing popularity of pet ownership in South Korea is leading to noticeable changes in consumer spending patterns. According to G-Market, a major online retailer, pet stroller sales have, for the first time, surpassed baby stroller sales in the first three quarters [...]
SEOUL, Dec. 25 (Korea Bizwire) – Exports of South Korean-made TV programs soared nearly 30 percent on-year to a record high last year thanks to rising demand from global streaming platforms, a government report showed Monday. A total of US$561.3 million worth of Korean TV content was sold overseas in 2022, up 29.6 percent, or [...]
SEOUL, Dec. 25 (Korea Bizwire) – A Samsung multipurpose refrigerator, which had been a part of a family’s life for nearly 40 years, has recently made its way back to Samsung Electronics, becoming a part of the company’s history. On December 24, Samsung Electronics announced that Lee Sook-Hee had donated the Samsung ‘Multipurpose 5S Refrigerator’ [...]
SEOUL, Dec. 25 (Korea Bizwire) –After a temporary setback due to the COVID-19 pandemic, South Korea’s department store culture centers, which have flourished for 40 years since the mid-1980s, are witnessing a resurgence in popularity. The three major department store chains in South Korea – Lotte, Shinsegae, and Hyundai – are not only expanding their [...]
SEOUL, Dec. 22 (Korea Bizwire) – A minuscule amount of cesium, a radioactive substance, was identified in a Japanese flavoring product utilized for certain flavor profiles. Consequently, the importer opted to voluntarily retract the importation of the product. As reported by the Ministry of Food and Drug Safety (MFDS) on December 22, a radioactivity examination [...]
SEOUL, Dec. 22 (Korea Bizwire) – The “You Are the Judge” sentencing experience program offered by the Supreme Court’s Sentencing Commission is set to release new content on Friday. This program engages participants in watching videos depicting real-life crimes, presenting arguments from defendants, defense attorneys, and prosecutors. Participants then play the role of a judge, selecting [...]
SEOUL, Dec. 22 (Korea Bizwire) – The National Federation of Fisheries Cooperatives in South Korea has urged the government to address the rampant overdevelopment of offshore wind farms. In a joint meeting held by the National Federation of Fisheries Cooperatives and the Ministry of Oceans and Fisheries on December 21, the fisheries industry raised concerns about [...]
SEOUL, Dec. 22 (Korea Bizwire) – A recent study conducted by Statistics Korea in partnership with SK Telecom has revealed distinct commuting patterns among South Korean workers, with notable differences based on gender and age. The study, combining statistical registration data with SK Telecom’s telecommunication mobile location and movement information, offers new insights into the nation’s [...]
SEOUL, Dec. 22 (Korea Bizwire) – The Seoul High Court has determined that drivers associated with the ride-hailing service TADA are to be considered employees under the Labor Standards Act. Consequently, terminating their contracts without just cause is deemed unfair dismissal, as per the ruling on December 21. In a lawsuit against the National Labor Relations [...]