SEOUL, Aug. 20 (Korea Bizwire) – With just 87 days remaining until South Korea’s College Scholastic Ability Test (CSAT) for the 2025 academic year, an unexpected trend has emerged: Medical professionals, including former residents, medical students, and current professors, are advising aspiring medical students to reconsider their career paths. On August 19, multiple posts appeared on [...]
SEOUL, Aug. 19 (Korea Bizwire) – As the South Korean government prepares to unveil its national pension reform plan, a recent survey has revealed that younger generations, particularly those in their 20s and 30s, are more concerned about the likelihood of receiving pension benefits in the future than the system’s financial stability. The survey, conducted by [...]
SEOUL, Aug. 19 (Korea Bizwire) – As South Korean department stores struggle with sluggish consumer spending due to high inflation, sports merchandise sections have become an unexpected source of growth. According to reports from the country’s three major department store chains on August 18, sales in their sports categories increased by approximately 10% in the first [...]
SEOUL, Aug. 19 (Korea Bizwire) – A recent study by the Korea Insurance Development Institute has found that electric vehicles (EVs) in South Korea have a slightly higher risk of fire and explosion compared to traditional gasoline-powered cars, potentially impacting insurance premiums and safety perceptions. According to data released on August 18, there were 53 fire [...]
HAMYANG, Aug. 19 (Korea Bizwire) – For A, a 31-year-old Vietnamese worker, home in South Korea is a dormitory that defies expectations. Arriving in March with 35 colleagues under a seasonal worker agreement between Hamyang County and Vietnam’s Nam Tra My district, A initially harbored concerns about potentially harsh working conditions. Those worries have since dissipated. [...]
SEOUL, Aug. 16 (Korea Bizwire) – Victims of a massive South Korean apartment complex fire that began from a Mercedes-Benz electric vehicle (EV) earlier this month have expressed discontent over the German automaker’s initial relief support pledge, claiming the promised amount is “absurdly insufficient” when compared with the actual total damage, sources said Friday. Last [...]
SEOUL, Aug. 16 (Korea Bizwire) – In a bold vision for the future of television technology, Samsung Electronics is betting big on artificial intelligence to transform the viewing experience and revolutionize home connectivity. Yong Seok-woo, President of Samsung’s Visual Display Business, announced on August 15 that the company aims to “open up new experiences with AI [...]
SEOUL, Aug. 16 (Korea Bizwire) – In a bid to allay consumer concerns about electric vehicle (EV) safety, Hyundai Motor Company and Kia Corporation have unveiled their latest Battery Management System (BMS) technology, a crucial development in their ongoing efforts to improve EV reliability and performance. The South Korean automakers announced on August 15 that the [...]
SEOUL, Aug. 16 (Korea Bizwire) – South Korean telecom giant KT Corporation has announced a breakthrough in corporate networking technology with its new “lightweight 5G business network” solution. The company revealed on August 15 that this innovation aims to alleviate the burden of infrastructure construction for businesses and public institutions. The 5G business network service is [...]
SEOUL, Aug. 16 (Korea Bizwire) – In a surprising fusion of construction wear and fashion, Hyundai Construction has unveiled a stylish new work jacket that’s capturing the imagination of its employees across generations. The company announced on August 15 that it has released an MA-1 Padded Jumper as an exclusive jacket for Hyundai Construction employees, in [...]