SEOUL, Nov. 26 (Korea Bizwire) — A new analysis of online reactions to Netflix’s animated film K-Pop Demon Hunters has identified music and Korean cultural identity as the two central forces behind the film’s worldwide success. The study, released Wednesday by the Korea Broadcast Advertising Corporation (KOBACO), was conducted by media researcher Baek Hyun-mi of Korea [...]
SEOUL, Nov. 26 (Korea Bizwire) — SK hynix, one of the world’s leading makers of high-bandwidth memory chips, has decided that the path to public affection might just run through the snack aisle. On Wednesday, the company announced a collaboration with convenience-store giant 7-Eleven to release what may be the most literal tech-themed treat yet: an [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korea’s birth figures ticked upward again in September, marking the fifteenth straight month of increase—a rare run of positive news for a country long synonymous with demographic freefall. According to government data released Wednesday, 22,369 babies were born in September, an 8.6-percent rise from a year earlier and the [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korea plans to create a national medical data-sharing platform modeled after the Mayo Clinic system in the United States, aiming to overcome long-standing privacy barriers that have slowed the use of artificial intelligence in health care. The Ministry of Science and ICT said Wednesday that it will launch a [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korea now has the highest employment rate among seniors in the OECD, a trend driven less by choice than by economic hardship as the country enters an era of rapid population aging. A report released Wednesday by Oh Yoo-jin, a researcher at the National Pension Research Institute, shows that [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korea’s real estate slowdown has pushed the number of active licensed realtors below 110,000 for the first time in more than five years, as prolonged policy tightening and weak housing demand reshape the industry. According to data released Wednesday by the Korea Association of Realtors, 109,979 real estate agents [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korea’s Supreme Court has ruled for the first time that a person can be criminally punished for possessing or transferring a package they believe contains illegal drugs, even if the package in fact contains no narcotics. The decision broadens the scope of liability under the country’s narcotics laws and [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korea is preparing to abolish a decades-old legal requirement obligating civil servants to obey orders from their superiors, a cornerstone of the country’s bureaucratic culture since 1949. The move marks one of the most significant shifts in public-sector governance in more than half a century. The Ministry of Personnel [...]
ANKARA & SEOUL, Nov. 25 (Korea Bizwire) — President Lee Jae Myung’s recent four-nation trip — anchored by his appearance at the G20 summit in Johannesburg and followed by stops in the United Arab Emirates, Egypt, and Turkey — was less a ceremonial swing through diplomatic capitals than a quiet attempt to reposition South Korea within [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korea’s largest companies have expanded their executive ranks more than three times faster than their employee headcounts over the past five years, widening internal hierarchies even as some industries shed staff, a new analysis shows. According to data released Nov. 25 by corporate research firm Leaders Index, 331 major [...]