SEOUL, Dec. 11 (Korea Bizwire) – The resale value of South Korean presidential memorabilia has seen a notable decline following the December 3 imposition of martial law, reflecting shifting public sentiment. According to industry sources, a “Classic” model of President Yoon Suk Yeol’s commemorative wristwatch was sold for ₩80,000 (approximately $56) on December 7 through a [...]
SEOUL, Dec. 11 (Korea Bizwire) – LG Electronics unveiled a new installment of its wildlife conservation campaign on December 9, featuring a striking 3D video on the iconic Times Square billboard in New York City. The latest video spotlights the plight of the critically endangered red wolf, a species with fewer than 20 individuals estimated to [...]
SEOUL, Dec. 11 (Korea Bizwire) – Facing mounting global and domestic economic challenges, Samsung Electronics is reportedly planning to reduce smartphone production for 2025, including its upcoming Galaxy S25 series. According to industry insiders, the company has set its production target at approximately 229.4 million units for next year, a decrease of about 10 million units [...]
SEOUL, Dec. 11 (Korea Bizwire) – The South Korean government’s ambitious plan to introduce AI-powered digital textbooks (AIDTs) has met with significant resistance from educators and civic groups nationwide, leaving the policy in jeopardy. Initially slated for rollout in March 2025 for select elementary, middle, and high school students, the initiative aimed to bolster digital [...]
SEOUL, Dec. 11 (Korea Bizwire) – In a landmark ruling, South Korea’s Supreme Court has determined that allowances paid to nurses and clinical pathologists for “on-call duty” can only be considered part of their regular wages if they can prove they were under the hospital’s direct supervision and control during that time. The decision overturns [...]
CHUNCHEON, Dec. 11 (Korea Bizwire) – In a small elementary school in Gangwon Province, a second-grade classroom became the unlikely setting for a lesson in justice, inspired by South Korea’s recent political turmoil. On December 4, as the nation began to recover from a martial law crisis that had gripped its parliament and public, a teacher, [...]
SEOUL, Dec. 11 (Korea Bizwire) – CJ OnStyle, a major South Korean home shopping channel, has cut ties with three cable TV operators—D’Live, ABN (Areum Broadcasting Network), and CCS Chungbuk Broadcasting—after negotiations over broadcasting fees collapsed. The unprecedented move has drawn attention, with industry insiders attributing the decision to CJ OnStyle’s strategic pivot toward mobile [...]
SEOUL, Dec. 11 (Korea Bizwire) – McDonald’s Korea announced on Tuesday its commitment to converting all packaging materials used in its restaurants to recyclable or renewable materials by next year. This move positions the company as a leader in sustainability within the country’s quick-service restaurant (QSR) industry. As part of this initiative, McDonald’s Korea will introduce [...]
SEOUL, Dec. 11 (Korea Bizwire) – South Koreans are reporting increasing signs of psychological distress in the wake of the sudden declaration of martial law on December 3, with many citizens describing symptoms of anxiety and sleeplessness as the nation grapples with its most significant political crisis in decades. For many older South Koreans, the declaration [...]
SEOUL, Dec. 11 (Korea Bizwire) – Cafes near South Korea’s National Assembly have become centers of an impromptu “pay it forward” initiative, where supporters nationwide and abroad are purchasing refreshments in advance for protesters calling for President Yoon Suk Yeol’s impeachment. “A young voice called asking about our cheapest rice cakes, saying they wanted to pay [...]