SEOUL, July 3 (Korea Bizwire) — Burger King Korea announced Thursday that burger recipes and ingredients developed in South Korea are gaining popularity in global markets, signaling the growing influence of Korean consumer tastes on international fast food trends. According to the company, the “Quattro Cheese Whopper,” originally developed in Korea in 2013, has been [...]
SEOUL, July 3 (Korea Bizwire) — South Korean luxury auto brand Genesis opened the doors of its exclusive Genesis Lounge in Seoul’s Shilla Hotel to local media this week, offering a curated experience designed to embody the brand’s philosophy of “Distinctly Korean” luxury through architecture, design, music, and cuisine. The lounge, located on the fifth [...]
SEOUL, July 3 (Korea Bizwire) — Lee Jung-jae, star of the global hit drama series “Squid Game,” is now arguably the most famous Korean in the world. Still, he remains pleasantly surprised when people recognize him on the streets of foreign countries. Speaking to reporters in Seoul on Thursday, Lee explained the unprecedented success of [...]
SEOUL, July 3 (Korea Bizwire) — South Korea is facing renewed debate over reviving its once-prestigious national bar exam, as President Lee Jae-myung recently questioned the effectiveness of the country’s law school system. His remarks have reignited a long-standing controversy over access, fairness, and the future of legal education. At the heart of the discussion [...]
SEOUL, July 3 (Korea Bizwire) — If current demographic trends continue, South Korea’s population could plunge to just 15% of its current level within a century, according to a new report by the Korean Peninsula Population Institute for Future, a private think tank specializing in demographic research. The institute’s 2025 Population Report: The Great Demographic [...]
SEOUL, July 3 (Korea Bizwire) — In a bid to root out taxi overcharging and service refusals targeting foreign visitors, the Seoul Metropolitan Government announced on Wednesday a new crackdown initiative that leverages QR code-based reporting and strengthened on-site enforcement at major transportation hubs. Beginning last month, the city began distributing business card-sized survey cards [...]
SEOUL, July 3 (Korea Bizwire) — South Korea’s population is becoming increasingly diverse, with recent research showing an almost 8% rise in overall diversity over the past five years, driven by immigration and shifting demographics in both urban and rural areas. According to a report released Tuesday by the Korea Institute for Health and Social [...]
SEOUL, July 3 (Korea Bizwire) — As South Koreans continue to grapple with high inflation and a sluggish economy, a new wave of cost-conscious consumers is turning to community-based bulk-buying as a savvy spending strategy. According to local marketplace platform Danggeun Market on Tuesday, the number of newly formed bulk-sharing groups on its platform surged [...]
SEOUL, July 2 (Korea Bizwire) — South Korea has finalized a landmark defense export deal with Poland for a second batch of K2 Black Panther tanks, marking the largest single defense export contract in the country’s history and the first major arms deal under President Lee Jae-myung’s administration. The Defense Acquisition Program Administration (DAPA) announced [...]
SEOUL, July 2 (Korea Bizwire) — South Korea’s ruling and opposition parties have reached a landmark agreement to pass a long-disputed amendment to the Commercial Act that includes the so-called “3% rule,” sparking concern across the business community over heightened risks to corporate governance and investment certainty. The amendment, scheduled for a vote in the [...]