SEOUL, Nov. 11 (Korea Bizwire) – In South Korea’s fiercely competitive coffee market, where a “coffee war” is in full swing, Coffee Bean leads major franchises with the highest prices, charging 5,000 won for an Americano. For context, the true price ceiling in South Korea’s coffee scene belongs to Bacha Coffee’s Cheongdam flagship store, recently opened [...]
SEOUL, Nov. 11 (Korea Bizwire) – Diabetes, once primarily associated with older adults, is increasingly affecting younger South Koreans, with an estimated 308,000 people in their 20s and 30s living with the condition, according to new data. The Korean Diabetes Association, ahead of World Diabetes Day on November 14, released its “Diabetes Fact Sheet 2024″ revealing [...]
SEOUL, Nov. 11 (Korea Bizwire) – The Ministry of Land, Infrastructure and Transport has launched a comprehensive investigation into corporate vehicle registrations this year, following reports of companies attempting to circumvent new regulations requiring green license plates on corporate vehicles worth over 80 million won. The distinctive green plates, introduced early this year, are reportedly being [...]
SEOUL, Nov. 11 (Korea Bizwire) – A month after Netflix’s global culinary competition sensation “Culinary Class Wars” aired its finale, the show faces mounting controversies as allegations of financial misconduct, illegal business operations, and personal scandals have emerged around several contestants. Lee Young-sook, 69, celebrated on the show as a “master of Korean cuisine,” faces legal [...]
SEOUL, Nov. 11 (Korea Bizwire) – South Korea’s data protection watchdog has imposed new penalties on Meta, Facebook’s parent company, for collecting sensitive personal information from Korean users, including their political views, for advertising purposes. The latest fine brings total penalties against Meta in South Korea to approximately 60 billion won. The Personal Information Protection Commission [...]
SEOUL & Washington, Nov. 10 (Korea Bizwire) – In the wake of Donald Trump’s election as the 47th President of the United States, a growing number of American women are embracing the “4B movement,” a social protest originally popularized in South Korea that advocates for abstaining from dating, marriage, childbirth, and sexual relationships as a response [...]
SEOUL, Nov. 10 (Korea Bizwire) – As South Korea prepares for its annual College Scholastic Ability Test (CSAT), market analysts are noting a peculiar pattern: the stock market tends to perform poorly on the day of the crucial national exam. The phenomenon, which has caught the attention of South Korea’s financial sector, is largely attributed to [...]
SEOUL, Nov. 10 (Korea Bizwire) – A recent survey has unveiled distinct gender differences in how divorced South Koreans experience newfound freedom, with men prioritizing unrestricted travel while women most appreciate being able to treat traditional holidays as personal vacation time. The study, conducted jointly by matchmaking agencies Only You and Bien-Aller, surveyed 536 divorced individuals [...]
SEOUL, Nov. 9 (Korea Bizwire) – In 2021, a retired racehorse named Mariage met a tragic end during the filming of a scene for the KBS drama “The King of Tears, Lee Bangwon.” Three years later, as animal rights advocates gathered to commemorate the horse’s death, promised reforms for animal performer protection remain largely unrealized. “Dear [...]
SEOUL, Nov. 9 (Korea Bizwire) – K-pop boy group Seventeen has been honored with a certificate of appreciation from Los Angeles for its contributions to music and youth empowerment within the American city, the group’s agency said Saturday. Pledis Entertainment said Joshua, the LA-born member of the 13-piece group, was invited by the LA City [...]