SEOUL, April 29 (Korea Bizwire) — Semyung University, nestled in the heart of the city of Jecheon in North Chungcheong Province, is making waves as it becomes the first Korean institution to pioneer a tuition responsibility refund system. This experimental approach, aimed at providing experience-oriented differentiated educational content, comes at a time when local universities [...]
SEOUL, April 28 (Korea Bizwire) — Games inspired by the aesthetics of Japanese anime are no longer just popular among subculture fandom, but are also gaining popularity among mainstream gamers. All 7,000 tickets for the 1.5-anniversary festival of the collectible role-playing game “Blue Archive,” taking place in Goyang, Gyeonggi Province next month, sold out in [...]
Beijing, April 26 (Korea Bizwire) —Against the backdrop of tensions between South Korea and China over President Yoon’s remarks regarding the Taiwan issue, a newly opened theater at the Korean Cultural Center in Beijing is dedicated to showcasing Korean cinema. The KOFIC (Korean Film Council) Korean Film Festival held its inaugural ceremony on Monday at [...]
SEOUL, April 26 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Co. has announced plans to produce clean hydrogen using biogas from sewage waste. The company announced on Tuesday that it had signed a business agreement with the city government of Cheongju in North Chungcheong Province and the Institute for Advanced Engineering. The agreement [...]
SEOUL, April 24 (Korea Bizwire) — The oil industry is currently experiencing a somber atmosphere due to falling refining margins, which are a significant indicator of profitability for refiners. This is in contrast to the record boom seen last year when strong refining margins and high oil prices led to reports of refiners preparing massive [...]
SEOUL, April 24 (Korea Bizwire) — The pandemic has boosted the consumption of video content such as films and TV series, and the cars that appear in these videos are gaining popularity. Netflix’s new Korean crime action series “Kill Boksoon” is notable for featuring the main character’s Mercedes-Benz G-Class. The four-wheel-drive vehicle is unique for [...]
SEOUL, April 24 (Korea Bizwire) — The demand for zero-calorie beverages and sugar-free options remains strong in South Korea. Convenience store chain Emart24 reported a 70 percent increase in first-quarter sales of zero-calorie drinks compared to the previous year. Last year, Emart24′s zero-calorie beverage sales grew by 78 percent year-on-year, with an average annual growth [...]
BUSAN, April 22 (Korea Bizwire) — Renault Korea’s strong sales of the popular XM3 led to the company’s return to profitability last year. According to Renault Korea’s announcement on Saturday, the company achieved sales of 4.86 trillion won (US$3.65 billion), operating profit of 184.8 billion won, and net profit of 125.5 billion won in [...]
SEOUL, April 21 (Korea Bizwire) —The health impacts of cell phone use remain an ongoing debate, particularly concerning whether cell phones emit electromagnetic waves and their potential link to brain disease, which has been under discussion since the late 2000s. In 2011, the International Agency for Research on Cancer (IARC) of the World Health Organization [...]
SEOUL, April 21 (Korea Bizwire) — Lee Jae-myung, the leader of South Korea’s opposition Democratic Party, held an emergency press conference on Friday in response to President Yoon Suk-yeol’s suggestion that South Korea might provide arms to Ukraine during a foreign media interview. Lee stressed that there should be no agreement on arms support to [...]