SEOUL, July 23 (Korea Bizwire) — South Koreans report lower satisfaction with domestic travel compared to overseas vacations, primarily due to high local prices and a lack of distinctive tourist content, according to a new survey released by the Korea Economic Research Institute on Monday. The nationwide survey, conducted by Mono Research, polled 1,000 adults [...]
SEOUL, July 23 (Korea Bizwire) — In South Korea, new graduates entering research and development roles earn the highest starting salaries, while those in media and public relations receive the lowest, according to a new analysis by career platform JobPlanet. JobPlanet analyzed 1.42 million salary records collected from employment insurance data and ranked job categories [...]
GIMHAE, South Korea, July 23 (Korea Bizwire) — Gimhae, a city in South Gyeongsang Province with a high concentration of foreign laborers, has opened South Korea’s first virtual reality (VR) industrial safety training facility designed specifically for foreign workers. The new VR center, located at the Gimhae Foreign Workers Support Center, was officially inaugurated on [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s exchange-traded fund (ETF) market reached a major milestone this week, with the total number of listed ETFs surpassing 1,000 for the first time, signaling accelerating growth in the sector. According to the Korea Exchange (KRX) on Monday, a total of 1,002 ETFs were being traded on the [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s National Assembly Judiciary Committee on Monday passed a controversial bill that would strip artificial intelligence (AI) digital textbooks of their official status as “textbooks,” reclassifying them instead as general “educational materials.” The move marks a significant challenge to one of former President Yoon Suk Yeol’s flagship education [...]
SEOUL, July 22 (Korea Bizwire) — Girl group BLACKPINK has claimed the No. 1 spot on both the Billboard Global 200 and Global Excl. U.S. charts with its latest digital single, “Jump,” Billboard said Tuesday. It marks BLACKPINK’s third time topping the Global 200 and fourth time leading the Global Excl. U.S. chart, making it [...]
SEOUL, July 22 (Korea Bizwire) – K-pop boy group 1Verse officially debuted with its first single album, “The 1st Verse,” and a press showcase last week. For Seok, one of the five members and a North Korean defector, the moment still feels surreal. “I still can’t believe I’ve debuted as an idol,” Seok said with [...]
SEOUL, July 22 (Korea Bizwire) — Director Park Chan-wook’s “No Other Choice” has been officially invited to compete for the prestigious Golden Lion at this year’s Venice International Film Festival. The announcement was made Tuesday during a livestream revealing the 21 films in the main competition section. The acclaimed director’s latest film is the first [...]
SEOUL, July 22 (Korea Bizwire) — Hyundai Motor Group’s electric vehicle (EV) exports to the United States plummeted by 88% in the first five months of 2025 compared to the same period last year, reflecting the combined impact of local production ramp-up and sluggish U.S. sales. According to the Korea Automobile & Mobility Association (KAMA), [...]
SEOUL, July 22 (Korea Bizwire) — South Korean authorities have indicted a group involved in the illegal sale of private flight information belonging to BTS and other K-pop celebrities, escalating concerns over persistent privacy violations in the entertainment industry. According to Seoul’s cybercrime police unit on Tuesday, a foreign airline employee identified as “A” was [...]