SEOUL, Feb. 24 (Korea Bizwire) — Every additional hour spent daily on digital screens—such as smartphones, tablets, computers, or televisions—increases the risk of developing myopia (nearsightedness) by 21%, according to a new study. A research team led by Professor Kim Young-kook from Seoul National University’s Department of Ophthalmology presented these findings in a systematic review [...]
SEOUL, Feb. 24 (Korea Bizwire) — As South Korea’s youth unemployment crisis deepens to levels worse than those seen during the IMF crisis and COVID-19 pandemic, local governments across the nation are stepping in with innovative support measures ranging from free interview suits to office rental subsidies. According to Statistics Korea, January saw the sharpest deterioration [...]
SEOUL, Feb. 24 (Korea Bizwire) — In a striking reversal, South Korea has lost its technological edge to China across most semiconductor sectors over the past two years, according to a new survey that highlights shifting dynamics in the global chip industry. The survey, released by the Korea Institute of Science & Technology Evaluation and Planning [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korea marked a milestone in parental leave policies as men accounted for more than 30% of workers taking childcare leave last year, the Ministry of Employment and Labor reported on February 23. The total number of workers using parental benefits, including maternity leave and childcare leave, reached 256,771 in [...]
SEOUL, Feb. 23 (Korea Bizwire) — A delegation representing Estonia’s wood construction and architecture design industry visited South Korea, aiming to expand their presence in the local market by promoting advanced modular wood-building techniques amid global interest in eco-friendly construction methods. The delegation, composed of representatives and architects from eight Estonian wood construction companies, hosted a [...]
SEOUL, Feb. 23 (Korea Bizwire) — In a strategic move to increase profitability and attract new customers, South Korea’s travel agencies are rapidly expanding their offerings of premium package tours. These upgraded travel experiences remove common frustrations found in budget packages, such as mandatory shopping trips, optional tour fees, and guide tipping, instead emphasizing quality and [...]
SEOUL, Feb. 23(Korea Bizwire) — Amid growing economic uncertainty and rising labor costs, South Korean restaurant owners are rapidly adopting digital “table-order” systems, allowing diners to order meals directly from tablets installed at their tables, without staff assistance. The adoption of table-order services surged dramatically in recent months, driven by restaurant operators seeking to cut staffing [...]
SEOUL, Feb. 21 (Korea Bizwire) — As the business landscape rapidly evolves and the MZ generation (Millennials and Gen Z) enters the workforce, South Korean companies are redefining the qualities they seek in employees, according to a new survey. A recent study by career platform Saramin, released on February 20, surveyed 231 companies and found [...]
SEOUL, Feb. 21 (Korea Bizwire) — A fatal house fire in Changwon, suspected to have been caused by an electric bicycle battery charger, has reignited concerns over the safety of personal mobility (PM) device batteries, authorities said on February 20. The fire, which broke out on February 14 in Uichang-gu, Changwon, claimed the life of [...]
SEOUL, Feb. 21 (Korea Bizwire) — Despite a prolonged economic downturn and high interest rates, several prominent South Korean mid-sized companies are actively pursuing major mergers and acquisitions, highlighting a shift in corporate strategy. The number of completed M&A deals valued at over 10 billion won in South Korea reached 474 in 2024, marking a 12% [...]