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Young Women on Jeju Island Embrace Single Life, Citing Economic Pressures

Young Women on Jeju Island Embrace Single Life, Citing Economic Pressures

JEJU, Jul. 26 (Korea Bizwire) – A new study reveals that nearly three-quarters of women in their 20s and 30s on South Korea’s Jeju Island view lifelong singlehood positively, highlighting shifting attitudes towards marriage among the younger generation.  The research, conducted by a group of Jeju Provincial Council members called “Happy Youth in Jeju,” surveyed 418 [...]

Summer Vacation Divides South Koreans, Survey Reveals

Summer Vacation Divides South Koreans, Survey Reveals

SEOUL, Jul. 26 (Korea Bizwire) – A recent survey conducted by KB Kookmin Card has shed light on South Koreans’ attitudes towards summer vacations, revealing a nation split on the necessity of travel.  The study, released on July 25, found that 56.6% of respondents believe “travel is necessary” during the summer break, while 43.4% feel it [...]

South Korea to Launch Carbon Data Platform for Industrial Supply Chains by 2026

South Korea to Launch Carbon Data Platform for Industrial Supply Chains by 2026

SEOUL, Jul. 26 (Korea Bizwire) – In a significant move to address climate change and bolster its export competitiveness, South Korea plans to establish a national industrial supply chain carbon data platform as early as 2026. This public-private initiative aims to facilitate the exchange of carbon data between companies linked through supply chains. The Ministry of [...]

Samsung Galaxy Narrows Satisfaction Gap with Apple iPhone, Survey Finds

Samsung Galaxy Narrows Satisfaction Gap with Apple iPhone, Survey Finds

SEOUL, Jul. 26 (Korea Bizwire) – In a recent survey, Samsung Galaxy users reported nearly identical satisfaction levels to those of Apple iPhone users, signaling a significant shift in the smartphone market dynamics.  According to a mobile communications survey conducted by Consumer Insight, a market research firm, the overall satisfaction score for Samsung’s Galaxy S series [...]

Hyundai Motor Group Launches Archery Experience Event, Blending Mobility Technology with Olympic Sport

Hyundai Motor Group Launches Archery Experience Event, Blending Mobility Technology with Olympic Sport

SEOUL, Jul. 26 (Korea Bizwire) – “It’s simple. Hold the grip naturally, as if you’re holding an egg, and use your index, middle, and ring fingers to draw the bowstring,” instructed Oh Jin-hyek, a gold medalist from the 2012 London and 2020 Tokyo Olympics, as he demonstrated proper archery technique to participants at a unique event [...]

South Korea Expands Use of Fishery Byproducts to Include Beach Sand Alternatives

South Korea Expands Use of Fishery Byproducts to Include Beach Sand Alternatives

SEOUL, Jul. 26 (Korea Bizwire) – The Ministry of Oceans and Fisheries announced on July 25 that it has amended regulations to broaden the scope of fishery byproduct recycling, now including their use as alternatives to sand for beaches and civil engineering projects.  This revision to the Enforcement Rules of the Act on Promotion of Recycling [...]

Mercedes-Maybach Unveils First Electric SUV in South Korea, Targeting Luxury EV Market

Mercedes-Maybach Unveils First Electric SUV in South Korea, Targeting Luxury EV Market

SEOUL, July 25 (Korea Bizwire) – In a bold move to redefine ultra-luxury in the electric vehicle era, Mercedes-Benz has introduced its first all-electric Maybach SUV to the South Korean market. The unveiling of the Mercedes-Maybach EQS SUV on July 25 at the XYZ Seoul cultural complex in Seongdong-gu, Seoul, marks a significant milestone for the [...]

Temu Marks First Year in South Korea with Strong Consumer Recognition, Survey Shows

Temu Marks First Year in South Korea with Strong Consumer Recognition, Survey Shows

SEOUL, July 25 (Korea Bizwire) – Chinese e-commerce platform Temu has reported that essential household items topped the list of most purchased products in its first year of operations in South Korea, according to a survey released on July 25. The study, conducted by Korea Gallup Research Institute on behalf of Temu, polled 1,026 adults aged [...]

Naver’s Webtoon and Robotics Ventures Attract Global Investment Banking Attention

Naver’s Webtoon and Robotics Ventures Attract Global Investment Banking Attention

SEOUL, Jul. 25 (Korea Bizwire) – South Korean tech giant Naver is gaining increased attention from global investment banks, with its webtoon platform and robotics ventures leading the charge.  According to industry sources on July 24, Goldman Sachs and Evercore ISI, two prominent investment banks, have set ambitious target prices for Webtoon Entertainment, the parent company [...]

South Korea Launches Initiative to Boost K-Beauty SMEs in Global Market

South Korea Launches Initiative to Boost K-Beauty SMEs in Global Market

SEOUL, Jul. 25 (Korea Bizwire) – The South Korean government has joined forces with the cosmetics industry to nurture small and medium-sized enterprises (SMEs) in the K-Beauty sector, a move that aims to solidify the country’s position in the global beauty market.  Korean cosmetics, already a top export item for SMEs, have gained worldwide popularity. On [...]