WANDO, Nov. 20 (Korea Bizwire) – A delegation from the Australian Sustainable Seaweed Alliance (ASSA) recently visited Wando, South Korea’s leading seaweed production region, signaling growing international interest in the Asian nation’s marine farming expertise. The 15-member delegation, led by ASSA representative Jo Kelly, toured seaweed farms, processing facilities, and the Marine Bio Research Center in [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korea’s Defense Acquisition Program Administration (DAPA) announced plans to develop specialized semiconductors that can be widely applied across Korean weapons systems, marking a significant step toward technological independence in military hardware. The initiative, unveiled on November 19 at a defense semiconductor forum in Seoul’s Yeongdeungpo district, outlines a comprehensive [...]
SEOUL, Nov. 20 (Korea Bizwire) – Costco Korea, the South Korean arm of the American wholesale giant, plans to distribute more than half of its annual net profits as dividends to its parent company, according to regulatory filings released on November 19. The company reported operating profits of 218.6 billion won for the fiscal year ending [...]
INCHEON, Nov. 20 (Korea Bizwire) – On Yeonpyeong Island, a fishing community situated near the maritime border with North Korea, local fishermen are locked in a dispute with municipal authorities over the disposal of fishing nets laden with crab remains, highlighting the environmental and economic challenges facing South Korea’s coastal communities. In September, the Ongjin County [...]
SEOUL & AMMAN, Jordan, Nov. 19 (Korea Bizwire) – South Korea’s football captain Son Heung-min praised the resilience of the Palestinian national team following a tense 1-1 draw in a World Cup qualifier held under the shadow of ongoing conflict. The match, part of the third round of Asian qualifiers for the 2026 FIFA World Cup, [...]
SEOUL, Nov. 19 (Korea Bizwire) – POSCO, South Korea’s largest steelmaker, has ceased operations at its Pohang Steelworks’ No. 1 Wire Rod Mill after 45 years and 9 months of service. The closure, effective November 19, comes as the global steel market grapples with oversupply, particularly from low-cost Chinese imports, which have eroded profitability. The No. [...]
SEOUL, Nov. 19 (Korea Bizwire) – As obesity rates surge across all age groups in South Korea, lawmakers have introduced groundbreaking legislation to address what they increasingly see as a national health emergency. Representative Park Hee-seung of the Democratic Party, a member of the National Assembly’s Health and Welfare Committee, announced today the introduction of the [...]
SEOUL, Nov. 19 (Korea Bizwire) – In an effort to bring consistency to its international tourism branding, Seoul city officials are working to standardize the English-language name of the South Korean capital’s landmark waterway, emphasizing that “Hangang River” is the correct form over the commonly used “Han River.” The city’s push for standardization follows what officials [...]
SEOUL, Nov. 19 (Korea Bizwire) – As Apple introduces its mixed-reality headset Vision Pro to the South Korean market, attention is turning to Samsung Electronics’ anticipated extended reality (XR) platform, highlighting the intensifying competition in the next frontier of personal computing. According to industry sources, Samsung plans to unveil its XR platform by year’s end, with [...]
ULSAN, Nov. 19 (Korea Bizwire) – A flock of eagles, which migrate to Ulsan each winter, was spotted for the first time this season in the Ipam Field area of Ulju-gun’s Beomseo-eup on November 16. According to the Clean Energy Promoting Citizen’s Forum (CEPCF), which monitors and feeds the birds annually, 17 eagles were initially observed, [...]