SEJONG, Nov. 7 (Korea Bizwire) – The Seoul Main Customs Office announced on November 6 that it had caught 13 dentists who smuggled 11,349 pieces of unauthorized dental equipment (worth approximately 140 million won) into South Korea and used them on patients. The dentists are accused of making 1,184 separate purchases of dental equipment through AliExpress [...]
SEOUL, Nov. 6 (Korea Bizwire) – The number of South Koreans opting to remain economically inactive without specific reasons has gone up by 245,000 this year amid tough job market conditions and economic uncertainties, the statistics agency said Wednesday. The total number of economically inactive individuals came to 16.21 million as of August, up 48,000 [...]
SEOUL, Nov. 5 (Korea Bizwire) – The average wedding gift money in South Korea has risen to 90,000 won, reflecting a 23% increase since 2021, according to recent data analysis by KakaoPay of its digital money transfer envelope service. The mobile payment provider’s analysis, released on November 4, shows a steady upward trend in wedding gift [...]
SEOUL, Nov. 4 (Korea Bizwire) – In an unusual blend of spiritual retreat and modern matchmaking, more than half of the participants in a recent temple stay program at Baekyang Temple found romantic connections, according to the Jogye Order of Korean Buddhism Social Welfare Foundation. The two-day program, which concluded on November 3 at Baekyang Temple [...]
SEOUL, Nov. 4 (Korea Bizwire) – In a significant nod to the growing global popularity of Korean instant noodles, Indonesia’s leading noodle manufacturer has unveiled a new Korean Ramyeon product line featuring K-pop sensation NewJeans, as international companies increasingly capitalize on the K-food phenomenon. Indomie, a subsidiary of Indonesian food giant Indofood and one of the [...]
SEOUL, Nov. 3 (Korea Bizwire) – A new report has revealed that only 4 out of 10 newly employed wage workers in South Korea remain at their initial workplace after one year, highlighting ongoing concerns about job stability among new entrants to the workforce. According to an analysis published November 3 by the Korea Employment Information [...]
JEJU, Nov. 3 (Korea Bizwire) – A new variety of gold kiwifruit from Jeju Island, uniquely shaped like a heart, is making its way to consumers’ tables, the Jeju Agricultural Research and Extension Services announced on November 2. Named ‘Heart Gold,’ this new brand represents a new cultivar called ‘Gamhwang,’ a hybrid of Hongshim and Okcheon [...]
SEOUL, Nov. 2 (Korea Bizwire) – A new study warns that the proliferation of cashless businesses could disproportionately impact older consumers who rely heavily on cash and have lower digital literacy, according to research released October 31 by the Bank of Korea. The study, conducted by Lee Kyungtae of the Bank of Korea’s Financial and Monetary [...]
SEOUL, Oct. 31 (Korea Bizwire) – New car registrations in South Korea have fallen to their lowest level in 11 years during the first three quarters of 2024, according to data released by the Korea Automobile Mobility & Industry Association (KAMA) on October 30. Total new vehicle registrations for January through September reached 1,209,154 units, marking [...]
SEOUL, Oct. 28 (Korea Bizwire) – In South Korea, high school senior Nam, 18, is doing everything possible to avoid listening to “APT.,” the new collaboration between BLACKPINK’s Rosé and Bruno Mars. Despite the song’s global success, with its infectious melody and repetitive lyrics captivating listeners worldwide, Nam sees it as something best kept at arm’s [...]