SEOUL, April 18, (Korea Bizwire) — A series of attempted child abductions reported near elementary schools in Seoul’s affluent Gangnam district has sparked growing concern among parents and prompted increased police surveillance, authorities confirmed on Friday. On April 17, 2025, police received a report that an unidentified man approached a student near A Elementary School [...]
SEOUL, April 18, (Korea Bizwire) — Woori Bank has officially entered South Korea’s budget telecom market with the launch of its new mobile virtual network operator (MVNO) service, WooriWON Mobile, which began operations on April 18, 2025. To mark the launch, Woori Bank is offering promotional benefits worth up to 300,000 won for new customers [...]
SEOUL, April 18 (Korea Bizwire) – A senior U.S. energy official on Friday underscored South Korea’s growing significance in the Donald Trump administration’s push to expand American energy exports and diversify global supply chains. Speaking via video remarks at an energy forum hosted by the American Chamber of Commerce in Korea (AMCHAM) held in Seoul, [...]
SEOUL, April 18 (Korea Bizwire) — South Korea on Friday strongly protested Japan’s reopening of a state museum asserting territorial claims to Korea’s easternmost islets of Dokdo, urging its “immediate closure.” The Tokyo-based National Museum of Territory and Sovereignty reopened earlier in the day after renovations, with upgraded exhibits offering a more “hands-on” experience, according [...]
SEOUL, April 18 (Korea Bizwire) — In an unprecedented triumph for South Korea’s animation industry, the faith-based animated film King of Kings, co-produced and directed by VFX studio Mofac’s CEO Jang Sung-ho, has taken Hollywood by storm. Defying expectations for a market long considered barren for homegrown animation, the film debuted in North America on April [...]
SEOUL, April 18 (Korea Bizwire) — A high-stakes legal battle between South Korea’s National Health Insurance Service (NHIS) and major tobacco companies is approaching its conclusion, with a final appeals court hearing set for next month. The case, which pits public health costs against personal responsibility, could reshape the nation’s tobacco policies and set a powerful [...]
SEOUL, April 18 (Korea Bizwire) — South Korea’s intensifying early childhood education culture has come under fire, with critics condemning hyper-competitive entrance tests for young children as a form of child abuse. On April 16, a coalition of 1,000 citizens filed a formal petition with the National Human Rights Commission, urging the government to investigate and [...]
SEOUL, April 18, (Korea Bizwire) — South Korea’s major battery manufacturers are delaying or scrapping joint ventures with Chinese companies as geopolitical risks, regulatory uncertainty, and market stagnation force a strategic rethink in the electric vehicle (EV) supply chain. According to industry sources on April 17, LG Energy Solution has postponed construction of two planned [...]
SEOUL, April 18, (Korea Bizwire) — The number of South Korea’s “Good Price Stores” — eateries and shops offering quality services at lower-than-average prices — has surpassed 10,000 for the first time, the Ministry of the Interior and Safety announced Thursday. To mark the milestone, the ministry held a commemorative plaque ceremony at the 10,000th [...]
SEOUL, April 17, (Korea Bizwire) — While South Korea’s web novel market continues its meteoric rise, the vast majority of creators are earning far below expectations, according to a government report released Wednesday. The 2024 Web Novel Industry Report, published by the Ministry of Culture, Sports and Tourism and the Korea Publishing and Culture Industry [...]