SEOUL, Feb. 26 (Korea Bizwire) — Saramin, a major career platform in South Korea, announced on February 25 the launch of the industry’s first mock interview service featuring AI-generated human avatars, marking a new frontier in job preparation technology. The innovative career service allows job seekers to engage in realistic interview practice with AI-powered virtual interviewers who [...]
SEOUL, Feb. 26 (Korea Bizwire) — Seongdong District in Seoul announced on February 25 that preliminary negotiations have concluded for the transformation of a former concrete plant site adjacent to Seoul Forest into what officials envision as a new cultural hub for the city. The development marks the first case of “architectural innovation pre-negotiation” in the private [...]
SEOUL, Feb. 26 (Korea Bizwire) — Global automakers are rolling out lower-priced electric vehicles this year despite facing a temporary plateau in demand, known in the industry as a “chasm.” The strategy aims to attract cost-conscious consumers while securing market share ahead of widespread EV adoption. According to industry sources on February 24, Kia plans to unveil [...]
SEOUL, Feb. 25 (Korea Bizwire) — A viral parody video satirizing the education-focused lifestyle of affluent mothers in Seoul’s Daechi-dong has led to a sudden surge in secondhand sales of Moncler luxury down jackets. The video, featuring popular comedian Lee Su-ji portraying a character known as “Jamie’s mom,” humorously captures the excessive parenting styles associated [...]
SEOUL, Feb. 25 (Korea Bizwire) — Samsung is intensifying its global talent acquisition efforts, launching a recruitment drive aimed at experienced foreign professionals to bolster its research and development (R&D) competitiveness. Beginning this week, ten Samsung affiliates—including Samsung Electronics, Samsung Display, Samsung SDI, Samsung Electro-Mechanics, Samsung SDS, Samsung Biologics, Samsung Bioepis, Samsung C&T, Samsung Engineering [...]
SEOUL, Feb. 25 (Korea Bizwire) — In a significant shift within the global battery industry, Chinese manufacturers substantially increased their market dominance in 2024, while South Korean competitors saw their share shrink in both electric vehicle and energy storage markets. According to data released by SNE Research on February 24, global battery shipments reached 1,460 gigawatt-hours [...]
SEJONG, Feb. 25 (Korea Bizwire) — South Korea’s construction industry is facing its worst downturn in years, with employment falling below 2 million workers for the first time since the Covid-19 pandemic, highlighting growing concerns about the broader economic impact of the sector’s prolonged slump. According to the Statistics Korea, construction employment plunged by 169,000 jobs [...]
SEOUL, Feb. 25 (Korea Bizwire) — In an effort to support employees taking parental leave, Doosan Group recently implemented an unusual incentive system designed to reward coworkers rather than just the parents themselves. This year, the company began offering a “Parental Leave Supporter Bonus” of up to 500,000 won ($350) to team members when a [...]
SEOUL, Feb. 25 (Korea Bizwire) — The Seoul Metropolitan Government has announced plans to become the first local government in South Korea to develop and publish a “coexistence index” that will evaluate delivery platforms on their commitment to fair business practices and cooperation with small businesses. The initiative, aimed at curbing excessive commission fees and preventing [...]
SEOUL, Feb. 25 (Korea Bizwire) — Even as anti-China protests have intensified amid South Korea’s presidential impeachment crisis, Chinese tourism has experienced an unexpected boom, with travel numbers surging more than 60% following China’s visa-free policy implementation. According to data obtained from the Ministry of Justice by lawmaker Park Eun-jung of the Rebuilding Korea Party, 647,901 [...]