SEOUL, Nov. 27 (Korea Bizwire) – Seoul is offering foreign tourists an opportunity to immerse themselves in Korean culinary culture through food tourism programs inspired by popular Korean dramas, the city government announced Wednesday. One highlight is the Permanent Cooking Class, held twice weekly on Thursdays and Sundays near Sinchon Station at Now Cooking Studio. Participants [...]
SEOUL, Nov. 27 (Korea Bizwire) — A post shared by a small business owner (referred to as A) on an online forum has sparked a wave of support from others in the same sector, many expressing frustration with the behavior and work ethic of the millennial generation, particularly those in their 20s. A voiced disappointment [...]
SEOUL, Nov. 27 (Korea Bizwire) — The Korea Higher Education Foundation, a nonprofit established by the late Chairman Jeonghyun Chey of SK Group, celebrated its 50th anniversary on November 26. Founded with a personal donation of 55.4 million Korean won, the foundation has supported over 5,100 scholars over the past five decades. Choi’s vision for [...]
SEOUL, Nov. 27 (Korea Bizwire) — North Korea’s recent military deployment to support Russia in the ongoing Russia-Ukraine war represents more than just a troop commitment—it marks the first tangible implementation of the comprehensive strategic partnership agreement signed between North Korea and Russia in June. The agreement, which includes provisions for military assistance in times [...]
SEOUL, Nov. 27 (Korea Bizwire) – A second Trump administration could reshape the global automotive industry into an oligopolistic structure, with only a few dominant players surviving based on their hybrid vehicle technology, U.S. production capacity, and ability to benefit from sanctions against China, industry analysts say. Industry analysts expect traditional automakers to face a survival-of-the-fittest [...]
JEJU, Nov. 27 (Korea Bizwire) – The Jeju Stone Park in Jocheon-eup, Jeju City, known for its Sky Pond that captivates photo-enthusiastic MZ generation visitors, has been named Jeju’s top public tourist destination. According to an announcement by Jeju Province on November 26, the park earned the highest honors for its innovative attractions, including the Sky [...]
SEOUL, Nov. 27 (Korea Bizwire) – A new survey has revealed that more than three-quarters of South Korean mid-sized companies anticipate increased economic uncertainty when Donald Trump returns to the White House, highlighting growing concerns about potential shifts in U.S. trade and economic policies. The Federation of Middle Market Enterprises of Korea (FOMEK) released the findings [...]
SEJONG, Nov. 27 (Korea Bizwire) – South Koreans experience their largest per-capita financial deficit of 40.78 million won at age 17 and reach their maximum surplus of 17.53 million won at age 43, according to new government data. Labor income begins declining after peaking at 43, leading to a return to deficit spending at age 61. [...]
SEOUL, Nov. 27 (Korea Bizwire) – Toyota Korea announced on November 26 the official launch of its 2025 Camry Hybrid, which will be available at Toyota dealerships nationwide from December 2. The Camry, first introduced to the Korean market in 2009, has been a global favorite for over 40 years due to its high quality and [...]
SEOUL, Nov. 27 (Korea Bizwire) – Korea’s financial investment sector will issue an urgent statement advocating for an amendment to the Commercial Act, extending directors’ fiduciary duty beyond companies to their shareholders. The statement, orchestrated by the Korea Corporate Governance Forum, will be unveiled on November 28 at the Press Center in Seoul. This move comes [...]