SEOUL, June 26 (Korea Bizwire) — In a year defined by economic uncertainty and global industry shifts, Hyundai Motor Group stood out as South Korea’s most impactful corporate force—fueling growth across sectors and surpassing all other conglomerates in total economic contribution. According to data released Thursday by corporate tracker CEO Score, the automotive giant generated [...]
SEOUL, June 26 (Korea Bizwire) — South Korea’s consumer watchdog has issued a safety advisory following a rise in accidents involving water-absorbing polymer beads—commonly known as “water beads” or “crystal soil”—which are increasingly popular as children’s sensory play toys. The Korea Consumer Agency (KCA) announced on Wednesday that it had issued the alert after [...]
SEOUL, June 26 (Korea Bizwire) — In a global first, South Korea’s Korean Register (KR) and HD Hyundai have successfully demonstrated a technology that captures and recycles boil-off gas from LNG-fueled ships under construction, repurposing it as city gas for onshore use. The trial was conducted at HD Hyundai Heavy Industries’ Ulsan shipyard on a [...]
SEOUL, June 26 (Korea Bizwire) — SK Telecom is poised to reenter South Korea’s competitive mobile market with aggressive customer acquisition strategies following a 51-day business suspension. With Samsung’s Galaxy Z Fold 7 set for release next month and potential changes to the country’s subsidy regulations looming, industry watchers expect a full-fledged “subsidy war” among [...]
SEOUL, June 26 (Korea Bizwire) — President Lee Jae-myung has raised the possibility of reintroducing South Korea’s traditional bar exam system, signaling potential reforms to the country’s legal education pathway and reigniting a long-standing national debate. During a town hall meeting in Gwangju on June 25, President Lee responded to a citizen’s call for the [...]
SEOUL, June 25 (Korea Bizwire) — A South Korean academic has publicly denounced what he calls “baseless and absurd” accusations by Chinese internet users who allege cultural appropriation in the new Netflix animated film K-Pop Demon Hunters, which has become a global hit. Seo Kyung-duk, a professor at Sungshin Women’s University and prominent advocate for [...]
SEOUL, June 25 (Korea Bizwire) — The Korea Chamber of Commerce and Industry (KCCI) has formally proposed a bold economic blueprint to the new South Korean government, calling for the creation of a $6 trillion Korea-Japan economic union, the large-scale recruitment of skilled foreign labor, and a national pivot toward service-based exports. In a policy [...]
SEOUL, June 25 (Korea Bizwire) — Kyochon Chicken, South Korea’s third-largest fried chicken franchise, will withdraw from delivery app Coupang Eats starting next month as part of an exclusive partnership with market leader Baedal Minjok (Baemin). The move marks the industry’s first known case of a delivery platform offering preferential terms in exchange for app [...]
SEOUL, June 25 (Korea Bizwire) – In a rare fusion of K-pop glamor and supernatural adventure, K-Pop Demon Hunters, a new Netflix animated film, has taken the world by storm—climbing to the top of global streaming charts just days after its release. The film follows Huntress, a K-pop girl group who moonlight as demon slayers [...]
SEOUL, June 25 (Korea Bizwire) — South Korea’s monthly births exceeded 20,000 for the first time in three years this April, driven by a rise in marriages and an increase in women in their early 30s, marking the sharpest April growth in birth rate in over three decades. According to Statistics Korea’s latest population data [...]