SEOUL, March 6 (Korea Bizwire) — In an effort to prevent lonely deaths among socially isolated individuals, South Korea’s Ministry of Health and Welfare has introduced a comprehensive manual for nationwide “Neighbor Connection Teams,” the ministry announced on March 5. The initiative, officially named through a public contest last December, establishes networks of local residents who [...]
SEOUL, March 5 (Korea Bizwire) — Genesis has introduced the G90 Long Wheelbase Black, an exclusive new trim for its flagship sedan, highlighting a bold and sophisticated aesthetic. The automaker announced on Wednesday that sales of the model, along with the updated 2025 G90 lineup, will commence immediately. The G90 Long Wheelbase Black features an all-black [...]
SEOUL, March 5 (Korea Bizwire) — In a strategic move to attract top foreign talent in advanced industries, South Korea has introduced a new visa program aimed at highly skilled professionals. The government announced the initiative on Wednesday following the 30th Foreign Policy Committee meeting, presided over by Acting President and Deputy Prime Minister Choi Sang-mok. [...]
SEOUL, March 5 (Korea Bizwire) — Korean beauty technology is capturing worldwide attention as consumers increasingly turn to professional-grade skincare devices for home use, driving substantial growth in the domestic and international markets. The beauty device sector has seen remarkable growth, with industry leader APR reporting sales of 312.6 billion won last year, marking a 44.6% [...]
SEOUL, March 4 (Korea Bizwire) — Shares of South Korean defense companies surged on March 4 following heightened geopolitical uncertainty after a failed summit between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky, fueling expectations of increased military spending in Europe. According to the Korea Exchange, Hanwha Aerospace [012450] soared 18.01% to close at 701,000 [...]
SEOUL, March 4 (Korea Bizwire) — A recent global survey has revealed that four out of 10 South Koreans have difficulty maintaining quality sleep at least three times a week, with stress identified as the leading cause of sleep deprivation. ResMed, a global sleep solutions provider, released the findings of its fifth annual Global Sleep Health [...]
SEOUL, March 3 (Korea Bizwire) — Once a haven for budget-conscious shoppers and vintage fashion enthusiasts, South Korea’s secondhand clothing markets are now feeling the strain of high inflation and shifting consumer habits. Vendors at Dongmyo Flea Market, one of Seoul’s most famous thrift-shopping destinations, report a sharp drop in sales, with some saying business [...]
SEOUL, March 2 (Korea Bizwire) — Nearly one in three newly minted Ph.D. holders in South Korea last year remained unemployed, a record-high figure that underscores a tightening job market even for the country’s most highly educated individuals. According to data from Statistics Korea, only 70.4% of Ph.D. recipients who graduated in 2024 had secured employment [...]
SEOUL, March 2 (Korea Bizwire) — More than half of South Koreans spend nearly two hours daily on YouTube, reinforcing its dominance in the country’s digital landscape, according to a report by Mobile Index from IGAWorks released on March 2. As of February 25, YouTube’s total usage time in South Korea reached 69.65 million hours, the [...]
SEOUL, March 1 (Korea Bizwire) — In an effort to curb noise pollution and protect residents’ rights, Seoul’s Jongno District has implemented a new policy restricting tourist access to Bukchon Hanok Village after 5 p.m. The policy, which took effect on March 1, designates a 34,000-square-meter area as a ‘Red Zone,’ where visitors are only allowed [...]