SEOUL, Oct. 4 (Korea Bizwire) — Cancer, heart disease and pneumonia were among the key causes of death for South Koreans in 2023, data showed Friday, with suicide remaining the top factor among those in their 30s and younger. Last year, the total number of deaths reported in the country came to 352,511, down 5.5 [...]
SEOUL, Oct. 4 (Korea Bizwire) – In a striking paradox, South Korea, a global leader in digital infrastructure and artificial intelligence (AI) adoption, is grappling with widespread worker anxiety about the impact of AI on job security, according to a recent international study. The report, released by researchers Cheong Se-jeong and Shin Young-kyu from the Korea [...]
SEOUL, Oct. 4 (Korea Bizwire) – Public medical institutions in South Korea are grappling with an increasingly severe shortage of doctors, a chronic issue that has pushed salaries to unprecedented levels. In a striking example last year, a public medical center in South Jeolla Province hired an orthopedic surgeon for an annual salary of 620 million [...]
SEOUL, Oct. 4 (Korea Bizwire) – Sales of the Genesis GV80, a luxury SUV from Hyundai Motor’s premium brand, are surging despite its hefty price tag. The vehicle’s sales figures are outpacing those of its more affordable counterpart, the Hyundai Palisade, showcasing the growing appetite for luxury vehicles in the South Korean market. According to Hyundai [...]
SEOUL, Oct. 4 (Korea Bizwire) – Coupang, the South Korean e-commerce giant, has seen an increase in its user base despite raising its membership fees. This development challenges predictions of a mass exodus from the platform and underscores the company’s strong market position in a fiercely competitive landscape. According to data from WiseApp, Coupang’s monthly active [...]
SEOUL, Oct. 3 (Korea Bizwire) – In a landmark decision, South Korea’s Supreme Court has ruled that designated drivers can be classified as workers under the country’s labor union law, potentially opening the door for collective bargaining rights based on their employment status. The ruling, handed down on September 27, marks the first time the nation’s [...]
SEOUL, Oct. 3 (Korea Bizwire) – South Korean consumers are spending close to 500,000 won per year on subscription services, according to a new report released on October 2. The “Subscription Wars 2024″ report, presented by the British subscription bundling and payment company Bango at the M360 APAC conference in Seoul, reveals that South Korean consumers [...]
GANGJIN, Oct. 3 (Korea Bizwire) – In Gangjin County, South Korea, a novel approach to rice cultivation is gaining attention: rice grown to the accompaniment of music. This unique method, known as “Green Music Farming,” is producing organic rice that’s literally raised on a diet of sound. The farm plays a mix of Western classical compositions, [...]
SEOUL, Oct. 3 (Korea Bizwire) – NCsoft, the South Korean game developer, has launched its highly anticipated massively multiplayer online role-playing game (MMORPG) “Throne and Liberty” (TL) in collaboration with Amazon Games. The game was released on October 2 across North and South America, Europe, Oceania, and Japan, marking a significant step in NCsoft’s global expansion. [...]
SEOUL, Oct. 2 (Korea Bizwire) – In a bold move towards personalized healthcare, the South Korean government has embarked on a large-scale initiative to build a national biodata bank, aiming to usher in an era of precision medicine. The project, launched in April, seeks to collect and integrate genetic information, clinical data, and lifestyle habits from [...]