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New ‘Miracle’ Weight Loss Drug Raises Insurance Coverage Questions

New ‘Miracle’ Weight Loss Drug Raises Insurance Coverage Questions

SEOUL, Sept. 18 (Korea Bizwire) – As South Korea prepares for the launch of Wegovy, a highly anticipated weight loss medication, next month, questions are arising about its coverage under private health insurance plans.  Wegovy, produced by Danish pharmaceutical company Novo Nordisk and famously touted by Tesla CEO Elon Musk as his weight management secret, is [...]

South Korean Auto Industry Charges Ahead with Innovative EV Battery Leasing Programs

South Korean Auto Industry Charges Ahead with Innovative EV Battery Leasing Programs

SEOUL, Sept. 18 (Korea Bizwire) – As the global electric vehicle (EV) market navigates through a temporary dip in demand, South Korean automakers and financial institutions are introducing innovative products to spark consumer interest. These offerings, centered around guaranteeing the residual value of EV batteries, are reshaping the future of EV ownership.  At the heart of [...]

Samsung Bets on Voice Recognition in Heated Robot Vacuum Market

Samsung Bets on Voice Recognition in Heated Robot Vacuum Market

SEOUL, Sept. 18 (Korea Bizwire) – With competition in the robot vacuum cleaner market intensifying, Samsung Electronics is seeking to differentiate its latest offering with advanced voice recognition technology. The tech giant has integrated natural language-based voice recognition into its Bespoke AI Steam all-in-one robot vacuum, a move that reflects the growing importance of artificial intelligence [...]

Starbucks Korea Takes on McDonalds with Launch of New Morning Set Menu

Starbucks Korea Takes on McDonalds with Launch of New Morning Set Menu

SEOUL, Sept. 18 (Korea Bizwire) – Starbucks Korea announced on September 16 that it will introduce a new Starbucks Morning Set program, offering discounted set menus of beverages and food items until 10:30 a.m. each day. The initiative aims to cater to customers seeking a convenient breakfast option, reflecting the coffee giant’s strategic move to capture [...]

Robots Take Over Dairy Farm Duties on South Korean Island

Robots Take Over Dairy Farm Duties on South Korean Island

JEJU, Sept. 18 (Korea Bizwire) – In a sign of agriculture’s digital future, cows on a dairy farm on Jeju Island are being milked and cared for by robots around the clock.  Dawon Farm, located in Jeju City’s Jocheon-eup district, has embraced automation with the introduction of eight digital robotic milking machines. These tireless devices operate [...]

North Korea Embraces Dog Meat as Traditional Cuisine, Diverging from South’s Ban

North Korea Embraces Dog Meat as Traditional Cuisine, Diverging from South’s Ban

SEOUL, Sept.16 (Korea Bizwire) – In a stark contrast that highlights the growing cultural divide between North and South Korea, the consumption of dog meat has emerged as a contentious issue on the Korean peninsula. While South Korea has recently moved to prohibit the practice, North Korea continues to promote it as a cherished culinary tradition. [...]

South Korea’s Internet Cafes Face Decline as Mobile Gaming Surges

South Korea’s Internet Cafes Face Decline as Mobile Gaming Surges

SEOUL, Sept.16 (Korea Bizwire) – In a country once renowned for its vibrant PC gaming culture, South Korea’s internet cafes, known locally as PC bangs (PC rooms), are rapidly disappearing from the urban landscape. These establishments, which once served as sanctuaries for youth seeking refuge from family gatherings or adult supervision, are now falling victim to [...]

South Korea’s Youth Embraces “Self-Analysis” Trend Through School Records

South Korea’s Youth Embraces “Self-Analysis” Trend Through School Records

SEOUL, Sept. 13 (Korea Bizwire) – A new social media phenomenon is sweeping across South Korea, with young adults eagerly accessing and sharing their school records online in a wave of nostalgic self-reflection.  The trend, particularly popular among the so-called MZ generation (Millennials and Gen Z), involves individuals retrieving their elementary, middle, and high school records [...]

YouTube’s Vertical Live Videos Spark Controversy Over Explicit Content

YouTube’s Vertical Live Videos Spark Controversy Over Explicit Content

SEOUL, Sept. 13 (Korea Bizwire) – YouTube’s new feature allowing vertical live video broadcasts is drawing criticism for exposing users to potentially harmful content without adequate safeguards.  The video-sharing platform introduced the vertical live streaming service last year, building on the popularity of its short-form video feature, Shorts. The new format allows creators to broadcast live [...]

New Decree Allows Companies to Collect Essential Personal Data Without User Consent

New Decree Allows Companies to Collect Essential Personal Data Without User Consent

SEOUL, Sept. 12 (Korea Bizwire) – A new enforcement decree will go into effect next week, permitting firms to collect personal information necessary for service provision without users’ consent, officials said Thursday. The Personal Information Protection Commission said a new enforcement decree on personal data protection will take effect starting Sunday. Currently, online businesses are [...]