SEOUL, Feb.12 (Korea Bizwire) — The government said Wednesday it seeks to amend a law to place teachers with mental disorders on compulsory leave, following a fatal stabbing of an 8-year-old student by a school teacher that shocked the nation this week. Education Minister Lee Ju-ho announced the plan during a meeting of top education [...]
SEOUL, Feb. 12 (Korea Bizwire) — Samsung Electronics has launched a new 55-inch OLED TV equipped with advanced artificial intelligence (AI) capabilities, the company announced on February 12. The latest model, part of Samsung’s 2025 TV lineup, integrates a suite of AI-driven features designed to enhance user convenience, home automation, and entertainment experiences. A standout feature, [...]
SEOUL, Feb. 12 (Korea Bizwire) — The Korea Transportation Safety Authority (KTSA) reported on February 11 that approximately 70% of elderly drivers felt they received more courteous treatment and right-of-way considerations from other drivers after displaying “Senior Driver” signs on their vehicles. The initiative, launched in September last year in Busan, aimed to promote a more [...]
SEOUL, Feb. 11 (Korea Bizwire) — Faced with the worst economic downturn in 21 years, South Korean consumers are increasingly turning to supermarkets over big-box retailers, preferring to buy necessities in smaller quantities rather than bulk purchases. According to data from Statistics Korea and industry sources, total retail sales fell by 2.2% in 2024, marking [...]
SEOUL, Feb. 10 (Korea Bizwire) — Privacy watchdogs and government agencies are raising alarms about DeepSeek, a Chinese artificial intelligence platform, amid reports of extensive data collection practices. However, tech enthusiasts and small businesses are increasingly turning to the platform’s open-source models as an alternative. According to DeepSeek’s privacy policy released on February 9, the platform [...]
SEOUL, Feb. 10 (Korea Bizwire) — Until the late 1990s, the gray uniforms of Daewoo Motors workers in Bupyeong, Incheon, were a symbol of pride. These “Daewoo men” were welcomed everywhere in town, representing not just local economic vitality but South Korea’s industrial might. That era came to an abrupt end when Daewoo Motors defaulted in [...]
SEOUL, Feb. 10 (Korea Bizwire) — A growing number of young couples in South Korea are breaking from traditional wedding customs, choosing efficiency and personal meaning over long-established practices that some view as outdated or burdensome. Take Oh, 29, who recently decided to skip the customary bouquet toss at her wedding. “I was concerned about the [...]
SEOUL, Feb. 10 (Korea Bizwire) — In a bold move to support young couples and maintain recent upticks in birth rates, the Seoul Metropolitan Government announced plans to provide newly married couples with 1 million won in marriage grants starting this October. The initiative, currently under review by the Ministry of Health and Welfare, will target [...]
SEOUL, Feb. 9 (Korea Bizwire) — South Korea’s ambitious deep-sea gas exploration project, codenamed “Daewang Whale,” faces an uncertain future after the first drilling attempt failed to yield economically viable hydrocarbon reserves. With the government unwilling to fund a second drilling phase and the Korea National Oil Corporation (KNOC) grappling with financial instability, the project’s continuation [...]
SEOUL, Feb. 8 (Korea Bizwire) — While legal experts believe a Supreme Court reversal is unlikely, the extended legal process means Samsung must continue navigating uncertainties that could affect its strategic decision-making. The prolonged case may delay key investment decisions and hinder Samsung’s ability to recover from its recent struggles in the semiconductor industry. A senior [...]