SEOUL, Aug. 6 (Korea Bizwire) – The South Korean government’s initiative to cover emergency medical costs for patients unable to pay has resulted in significant financial losses, according to a recent report. Data released by the Ministry of Health and Welfare shows that over the past five and a half years, the government has been unable [...]
SEOUL, Aug. 6 (Korea Bizwire) – LG Electronics has introduced a groundbreaking addition to South Korea’s home appliance market: the country’s first water purifier with built-in ice preservation technology. The company announced the launch of its LG PuriCare ObjetCollection Ice Water Purifier on August 5, marking a significant innovation in the competitive water purifier industry. The [...]
SEOUL, Aug. 5 (Korea Bizwire) – A recent survey has revealed that two out of three South Koreans perceive their society as unfair, with particular distrust in the justice system and administrative processes. Corruption was cited as the primary cause of this perceived unfairness. The Korea Institute for Health and Social Affairs (KIHASA) released these findings [...]
SEOUL, Aug. 4 (Korea Bizwire) – In a significant development for the Korean comics industry, a new website exclusively dedicated to news about Korean comics and webtoons has been launched in North America, a market once considered barren ground for the medium. The website, named KComicsBeat, is a collaboration between ComicsBeat, a well-established comics news outlet [...]
SEOUL, Aug. 3 (Korea Bizwire) –Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed smartphone-based technology to detect counterfeit baby formula, potentially offering a simple solution to a problem that has plagued consumers for years. The research team, led by professor Han Jun from KAIST’s School of Computing, collaborated with Yonsei [...]
SEOUL, Aug. 2 (Korea Bizwire) – The opposition-controlled National Assembly passed a bill on providing cash handouts to the entire population Friday despite protest from ruling party lawmakers. The bill passed in a 186-1 vote held after the Assembly, controlled by the main opposition Democratic Party (DP), voted to end a filibuster by the ruling [...]
SEOUL, Aug. 2 (Korea Bizwire) – A recent survey reveals a generational divide in attitudes towards car ownership in South Korea, with younger adults showing less enthusiasm for purchasing vehicles compared to their older counterparts. According to a study conducted by Embrain Trend Monitor, a market research firm, 74.7% of respondents agreed that cars are essential [...]
SEOUL, Aug. 2 (Korea Bizwire) – In a promising turn for South Korea’s tech industry, the automotive electronics sector is emerging as a steady performer, even as the broader consumer electronics and semiconductor markets show signs of recovery. Samsung Electronics and LG Electronics, two of the country’s largest conglomerates, have seen their automotive divisions transform from hidden [...]
SEOUL, Aug. 2 (Korea Bizwire) – As international travel rebounds, South Koreans are increasingly taking advantage of airport lounge access, with usage of Priority Pass cards skyrocketing over the past year, according to data released by BC Card, a major credit card company in South Korea. The analysis, which examined Priority Pass card usage through 612 types [...]
SEJONG, Aug. 2 (Korea Bizwire) – Korean Air, South Korea’s flag carrier, has announced it will no longer offer cup noodles to economy class passengers on long-haul flights. The airline cited an increase in turbulence, attributed to climate change, as the primary reason for this decision, aiming to prevent potential scalding accidents. On August 1, Korean Air [...]