SEOUL, June 30 (Korea Bizwire) — In a continued push to globalize its language and culture, South Korea is adding 11 new King Sejong Institutes to its growing international network of Korean language centers, the Ministry of Culture, Sports and Tourism announced Monday. These newly designated centers—named after the 15th-century monarch who created the Korean [...]
SEOUL, June 30 (Korea Bizwire) — Nongshim Co., South Korea’s leading instant noodle manufacturer, announced Monday the debut of its signature Shin Ramyun menu at a franchise restaurant located within Fort Bliss, a major U.S. military base in Texas. This marks the first time Nongshim’s ramen dishes have been featured as official menu items [...]
SEOUL, June 30 (Korea Bizwire) — As smartphones and online platforms become the dominant gateway to financial services, a new academic study has found that digital transaction literacy is the most crucial skill for sound personal financial management—outweighing traditional financial knowledge or attitudes. According to research by Professor Yang Se-jung’s team at Sangmyung University, published [...]
SEOUL, June 30 (Korea Bizwire) — The number of in-home care facilities serving elderly South Koreans has nearly quadrupled over the past five years, reflecting a growing preference among seniors to receive medical and support services at home rather than in institutional settings. According to data released Saturday by the Ministry of Health and Welfare, [...]
SEOUL, June 30 (Korea Bizwire) — The Bank of Korea (BOK) has put the second phase of its central bank digital currency (CBDC) pilot program on hold, signaling mounting pressure from commercial banks and a shifting digital finance landscape increasingly shaped by stablecoin developments. The abrupt pause, disclosed in a virtual meeting with participating banks [...]
SEOUL, June 30 (Korea Bizwire) — A new survey shows that South Korean workers overwhelmingly view irregular employment as the most urgent labor issue the Lee Jae-myung administration must address. According to results released Sunday by online labor advocacy group Workplace Gapjil 119, nearly four in ten salaried workers (38.8%) cited the country’s widespread use [...]
SEOUL, June 30 (Korea Bizwire) — Electricians and elevator technicians topped the list of South Koreans who most successfully reentered the workforce through national technical certifications, according to data released Sunday by the Ministry of Employment and Labor and the Human Resources Development Service of Korea. The analysis examined 610,000 individuals who earned a national [...]
SEOUL, June 30 (Korea Bizwire) — Telegram, once known as a haven for anonymity and untraceable messaging, is now actively cooperating with South Korean law enforcement, signaling a significant turnaround in the platform’s stance on privacy and criminal investigations. According to the National Police Agency, Telegram has responded to over 95% of investigative data requests [...]
SEOUL, June 29 (Korea Bizwire) — Hyundai Motor and Kia have climbed to a record-high 11% market share in the U.S. auto market for the first five months of this year, bolstered by proactive inventory strategies and surging hybrid sales. But industry analysts warn that growing cost pressures and looming tariff hikes could cloud prospects [...]
SEOUL, June 29 (Korea Bizwire) — In a quiet apartment in Seoul, a small Maltese curls up on a cushion by the window, waiting. It’s a familiar scene repeated across millions of South Korean households, where pets have become cherished companions—but often spend much of the day alone. A new report released by KB Financial [...]