SEOUL, May 15 (Korea Bizwire) — In a bid to ease mounting labor shortages in its service industry, the South Korean government announced Thursday an expansion of permissible job roles for foreign workers under the Employment Permit System (E-9 visa), particularly in delivery services, restaurants, and the hospitality sector. At the 47th Foreign Workforce Policy [...]
SEOUL, May 15 (Korea Bizwire) — Two years after the high-profile suicide of a young elementary school teacher at Seoul’s Seoi Elementary School sparked national outrage, according to new survey results released ahead of Teachers’ Day. A nationwide poll of 8,254 teachers conducted by the Korean Federation of Teachers’ Unions between April 23 and May 7 [...]
SEOUL, May 14 (Korea Bizwire) — Nearly 6 out of 10 South Korean companies report that new employees leave within one to three years of joining, underscoring growing concerns over early attrition in the workforce, according to a new survey released by HR tech firm Incruit. The study, based on responses from 446 HR professionals, found [...]
SEOUL, May 13 (Korea Bizwire) — Samsung Electronics Co. on Tuesday unveiled its new Galaxy S25 Edge smartphone, featuring an ultra-slim design, advanced camera technology and artificial intelligence (AI). The new smartphone measures 5.8 millimeters thick, significantly thinner than the Galaxy S25′s 7.2 mm and the Galaxy S25 Plus’ 7.6 mm, according to the company. [...]
SEOUL, May 13 (Korea Bizwire) — Humanoid robots are emerging as a key industry of the future in the face of accelerating global aging, but overcoming critical challenges in power efficiency and control systems will be essential for mass adoption, a recent report by KDB Future Strategy Research Institute said. Citing a February 2025 forecast by [...]
SEOUL, May 12 (Korea Bizwire) — South Korean gaming company Krafton Inc. said Monday it has opened the PUBG Global Series 8, an international esports tournament for its flagship battle royale game PUBG: Battlegrounds, in Shanghai. The event, running through Sunday, brings together 24 of the world’s top professional PUBG teams to compete in two [...]
SEOUL, May 12 (Korea Bizwire) — Pulmuone Co., a South Korean food company, unveiled a new management vision Monday aimed at transforming itself into a global sustainable food manufacturer. Pulmuone Chief Executive Officer (CEO) Lee Woo-bong announced the initiative during a ceremony marking the company’s 41st anniversary at its headquarters in Seoul, focusing on the [...]
SEOUL, May 12 (Korea Bizwire) — South Korea has newly designated robotics and defense technologies as part of its portfolio of advanced technologies the country aims to strategically develop as new economic growth engines, the industry ministry said Monday. The Ministry of Trade, Industry and Energy posted a notification of designation of the two new [...]
SEOUL, May 12 (Korea Bizwire) — In a new step toward carbon neutrality in the building sector, the South Korean government has introduced a savings program that rewards citizens with higher interest rates if they reduce their electricity consumption. The Ministry of Land, Infrastructure and Transport announced Sunday the launch of the “Energy-Saving DooDream Savings” product, [...]
DAEJEON, May 12 (Korea Bizwire) — South Korean startup PMI BioTech, a spinoff from the Korea Research Institute of Chemical Technology (KRICT), has signed a five-year export contract worth approximately 12 billion won (roughly $9 million USD) with a major U.S.-based global distributor for its high-purity calcium product derived from oyster shells, the institute announced on [...]