JEJU, July 26 (Korea Bizwire) – In a groundbreaking achievement, South Korea’s National Institute of Biological Resources announced on July 24 that it has successfully tracked the full migration route of the lesser cuckoo (Cuculus poliocephalus)—a global first in ornithological research. The bird, which was tagged with a GPS transmitter on Jeju Island in May [...]
SEOUL, July 25 (Korea Bizwire) — Sales of multigrain instant rice are surging in South Korea, especially among younger consumers, as part of a broader shift toward health-conscious eating, NH NongHyup Bank reported Friday. Analyzing 4.2 billion transaction records from its NH Members loyalty program between January 2022 and June 2025, the bank found that [...]
SEOUL, July 25 (Korea Bizwire) — Roughly 40% of South Korea’s major online shopping platforms rely on proprietary algorithms to rank product reviews without disclosing the criteria behind those rankings, raising concerns about consumer trust and transparency, according to a new report by the Seoul Metropolitan Government. In a survey released Friday by the Seoul [...]
SEOUL, July 25 (Korea Bizwire) — South Korea’s automotive parts sector continues to grow in both scale and profitability, but remains behind global competitors in key performance metrics such as profitability and research investment, according to a new report from the Korea Automotive Technology Institute. The report, released Thursday, analyzed 213 domestic parts manufacturers—including major [...]
SEOUL, July 25 (Korea Bizwire) — K-pop boy group Stray Kids will release their fourth full-length album, “Karma,” next month, JYP Entertainment said Friday. The album, set for a 1 p.m. release on Aug. 22, marks their first full-length project since the chart-topping “5-Star” in June 2023. To build anticipation, the agency unveiled a futuristic [...]
SEOUL, July 25 (Korea Bizwire) — South Korea’s latest round of stimulus coupons, intended to boost domestic consumption, is drawing scrutiny as some recipients are reportedly using them to purchase large quantities of tobacco products—prompting renewed calls to restrict eligible items. According to reports gathered by Yonhap News Agency on Friday, a significant number of [...]
SEOUL, July 25 (Korea Bizwire) — A research team at Seoul National University has revealed that a single street tree can absorb an estimated 27.1 kilograms of carbon dioxide annually, highlighting the significant role urban greenery plays in combating climate change. Using LiDAR (Light Detection and Ranging) technology and high-resolution cameras mounted on vehicles, the [...]
INJE, July 25 (Korea Bizwire) — Inje County in Gangwon Province announced Wednesday the launch of the 8th annual Misiryeong Healing Road 44-Second Film Festival, aimed at showcasing the scenic beauty and tourism appeal of National Route 44 through short videos. The “Misiryeong Healing Road” is a picturesque 120-kilometer drive connecting Hongcheon, Inje, and Goseong [...]
SEOUL, July 25 (Korea Bizwire) — As discussions intensify around the adoption of Korean won-based stablecoins, credit card companies in South Korea are scrambling to respond, concerned about potential disruption to their traditional role in the payments ecosystem. According to financial industry sources on Thursday, the Credit Finance Association and eight major credit card companies [...]
SEOUL, July 25 (Korea Bizwire) — A vast majority of publicly listed South Korean companies are expressing deep concerns over potential adverse effects of a second wave of corporate law reforms, warning that new regulations could further undermine corporate growth and governance stability. According to a survey released Thursday by the Korea Chamber of Commerce [...]