Tarragona, Spain, Feb. 27 (Korea Bizwire) — Kia has introduced its first purpose-built vehicle (PBV), the PV5, as part of its strategy to lead in customized mobility solutions. Designed for passenger transport, cargo delivery, and wheelchair accessibility, the PV5 offers a highly adaptable interior, making it suitable for various specialized applications, including camping and refrigerated transport. [...]
SEOUL, Feb. 27 (Korea Bizwire) — The Seoul Metropolitan Government is set to debut South Korea’s first artificial intelligence (AI)-powered robotic electric vehicle (EV) charging system, ‘Seoul Boy,’ on February 27. The innovative system, developed in collaboration with EV charging specialist Moderntec, will be located at the public parking lot of Sinbanghwa Station on Subway Line [...]
SEOUL, Feb. 27 (Korea Bizwire) — South Korea’s birthrate and total fertility rate experienced a rare uptick in 2024, driven by an increase in the population of women in their early 30s. However, experts warn that this trend may be short-lived as broader demographic declines continue. According to the latest government data, approximately 238,000 babies [...]
LAS VEGAS, Feb. 26 (Korea Bizwire) — At the 2025 Kitchen & Bath Industry Show (KBIS), global appliance manufacturers unveiled their latest innovations, blending cutting-edge artificial intelligence (AI) with traditional design elements. While outward appearances suggested minimal changes, the underlying technology signaled a significant leap in smart home evolution. As North America’s largest kitchen and [...]
SEOUL, Feb. 27 (Korea Bizwire) — South Korean pharmaceutical and biotech companies are rapidly expanding their presence in the Middle Eastern market, capitalizing on the region’s growing healthcare demands and high-income population. Daewoong Pharmaceutical recently launched its botulinum toxin product, Nabota, in Saudi Arabia, a market known for its stringent entry barriers for such products. The company [...]
SEOUL, Feb. 27 (Korea Bizwire) — A new fleece sweater, combining practicality with style, has emerged as the most popular military-issued item among soldiers just one year after its introduction to South Korean troops. According to a survey conducted by the Korea Defense Daily from January 17 to 31, polling 535 soldiers about their favorite military-issued items, [...]
SEOUL, Feb. 27 (Korea Bizwire) — As South Korea’s prolonged economic downturn continues, small business owners are increasingly burdened by rising labor costs. A recent analysis shows that small independent business operators employ an average of 1.8 workers per establishment, highlighting the strain on entrepreneurs trying to sustain their workforce. According to data from the [...]
SEOUL, Feb. 27 (Korea Bizwire) — Emergency response drone deployments by South Korean fire departments have increased nearly threefold over the past three years, showcasing the growing role of unmanned aircraft in disaster response and search operations. According to data released by the National Fire Agency on February 26, drone deployments rose from 1,691 in 2021 to [...]
SEOUL, Feb. 27 (Korea Bizwire) — At a parliamentary forum discussing South Korea’s new AI Basic Law, tech industry leaders highlighted the mounting challenges in securing training data for artificial intelligence systems, with some materials costing over 1 million won per book to acquire through web crawling. “We’re facing a significant shortage of AI training data,” said [...]
CHUNCHEON, Feb. 27 (Korea Bizwire) — Gangwon Province in South Korea is set to receive 9,168 foreign seasonal workers this year from four partner countries – the Philippines, Vietnam, Laos, and Cambodia – to address rural labor shortages, provincial officials announced on February 26. The figure represents a 19% increase from last year, with 1,733 more workers [...]