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LG Intensifies Climate Action with Ambitious Net-Zero Carbon Goals

LG Intensifies Climate Action with Ambitious Net-Zero Carbon Goals

SEOUL, Nov. 18 (Korea Bizwire) – LG Group has reinforced its commitment to combat global climate change, detailing its progress toward achieving net-zero carbon emissions by 2050 in a new comprehensive report. The South Korean conglomerate announced on November 17 the publication of its “LG Net Zero Special Report,” its second group-wide carbon neutrality progress report [...]

Delivery Workers Pay Heavy Price for Korea’s Quick Commerce Boom

Delivery Workers Pay Heavy Price for Korea’s Quick Commerce Boom

SEOUL, Nov. 18 (Korea Bizwire) – An individual referred to only as Lee, who began his career as a delivery worker three years ago, says the pressure to meet tight deadlines has become nearly unbearable. “We need to complete at least four deliveries per hour to make ends meet,” said Lee, who acknowledged that running red [...]

Young South Koreans More Open to Having Children Outside Marriage

Young South Koreans More Open to Having Children Outside Marriage

SEOUL, Nov. 18 (Korea Bizwire) – A significant shift in attitudes toward traditional family structures is emerging among South Korea’s younger generation, with two in five people in their 20s now believing that marriage is not a prerequisite for having children, according to a new government survey. The 2024 Social Survey by Statistics Korea reveals that [...]

Kia Slows U.S. Production of Electric SUV Amid Battery Rules and Policy Uncertainty

Kia Slows U.S. Production of Electric SUV Amid Battery Rules and Policy Uncertainty

SEOUL, Nov. 18 (Korea Bizwire) – Kia has significantly scaled back production of its EV9 electric SUV at its Georgia plant, as the automaker navigates stricter U.S. tax credit requirements and awaits the completion of local battery manufacturing facilities. According to Kia’s sales data, only 21 EV9s were produced at the Georgia plant through the third [...]

Pohang Rallies Behind Steel Industry with Citywide Banner Campaign

Pohang Rallies Behind Steel Industry with Citywide Banner Campaign

POHANG, Nov. 18 (Korea Bizwire) – A civic organization in Pohang, North Gyeongsang Province, has launched a public campaign to boost morale at local steel companies, hanging 20 encouraging banners across the city on November 16. The “People Making Happy Pohang” group, led by Park Je-seo, displayed 15 banners supporting POSCO and five supporting Hyundai Steel, [...]

Korean Actor Jung Il-woo Named New Face of Vietnam’s Leading Beer Brand

Korean Actor Jung Il-woo Named New Face of Vietnam’s Leading Beer Brand

SEOUL, Nov. 18 (Korea Bizwire) – Korean actor Jung Il-woo has been selected as the new brand ambassador for Bia Saigon Special, one of Vietnam’s premier beer brands, following his enthusiastic endorsement of the beverage on his personal YouTube channel “1 Day 1 Woo.”  The partnership emerged after brand executives noticed Jung’s genuine appreciation for Saigon [...]

South Korean Lawmakers Rank as World’s Most Educated, Study Shows

South Korean Lawmakers Rank as World’s Most Educated, Study Shows

SEOUL, Nov. 18 (Korea Bizwire) – South Korean lawmakers boast the highest level of academic credentials among parliamentarians worldwide, with more than one-third holding doctoral degrees, according to a recent academic study featured in The Economist on November 14. The comprehensive research, conducted by scholars from six institutions including Duke University, analyzed the educational backgrounds of [...]

Immigration to South Korea Soars 51%, Fueled by Global Appeal of Korean Culture

Immigration to South Korea Soars 51%, Fueled by Global Appeal of Korean Culture

SEOUL, Nov. 18 (Korea Bizwire) – Immigration to South Korea surged by 50.9% in 2023, placing it second among OECD nations in terms of year-over-year growth, powered in part by the global popularity of Korean culture, according to a new OECD report. The report, released on November 14, revealed that OECD member countries welcomed a record-breaking [...]

Hyundai Debuts Racing-Inspired Elantra N TCR Edition

Hyundai Debuts Racing-Inspired Elantra N TCR Edition

SEOUL, Nov. 17 (Korea Bizwire) – Hyundai Motor Company introduced its new Elantra N TCR Edition on November 17, incorporating technology and design elements from its successful motorsport program. The special edition model takes its name from the TCR (Touring Car Racing) World Tour, a racing series in which Hyundai has competed since 2017. The automaker [...]

LG Unveils Premium Water Purifying Humidifier with Larger Tank

LG Unveils Premium Water Purifying Humidifier with Larger Tank

SEOUL, Nov. 17 (Korea Bizwire) – LG Electronics announced November 17 the launch of its 2024 LG PuriCare Object Collection Hydro Tower, a premium water purifying humidifier featuring significant upgrades based on consumer feedback. The new model doubles the water tank capacity of its predecessor, addressing a key user demand identified through the company’s consumer behavior [...]