SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Card, a major South Korean credit card company, has successfully exported its proprietary artificial intelligence software to Japan, marking the first such international sale by a South Korean financial institution. The company announced on October 17 that it had signed a contract to sell its AI software, Universe, to [...]
SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Motor Company announced on October 17 the launch of The New Casper, an improved version of its compact SUV, three years after the model’s debut in 2021. The New Casper represents Hyundai’s effort to refine its entry in the increasingly competitive mini-SUV market. The updated model features design enhancements [...]
SEOUL, Oct. 18 (Korea Bizwire) – Rolls-Royce Motor Cars introduced the latest iteration of its luxury sport utility vehicle, the Cullinan Series II, to the South Korean market on October 17. The British automaker showcased two bespoke models of the Cullinan at a launch event held at a resort in Incheon. This marks a significant update [...]
SEOUL, Oct. 17 (Korea Bizwire) – The South Korean Ministry of National Defense and the White House have voiced concerns over reports suggesting North Korea has sent troops to support Russia’s invasion of Ukraine, marking a potential escalation in military cooperation between Pyongyang and Moscow. On October 16, South Korea’s Defense Ministry stated they were “closely [...]
SEOUL, Oct. 17 (Korea Bizwire) – A recent survey has revealed the emergence of a “new elderly” demographic in South Korea, characterized by higher income, better education, and shifting values regarding inheritance and self-perception of age. This trend, partly attributed to the baby boomer generation (born 1955-1963) entering their senior years, is reshaping traditional notions of [...]
UIJONGBU, Oct. 17 (Korea Bizwire) – In a bid to support small business owners grappling with high commissions and delivery fees, Gyeonggi Province is taking steps to stimulate the market for private delivery apps that charge commission rates of 2% or less. The provincial government announced on October 16 that it would be accepting applications from [...]
SOKCHO, Oct. 17 (Korea Bizwire) – In a bid to preserve natural habitats and prevent safety hazards, officials at Seoraksan National Park have launched a campaign to discourage hikers from using unauthorized trails, the park administration announced on October 16. The campaign, which runs through October 31, aims to raise awareness about the environmental impact of [...]
SEOUL, Oct. 17 (Korea Bizwire) – In a rare moment of emotional candor for the K-pop industry, Hanni (Phạm Ngọc Hân), a 20-year-old member of the popular girl group NewJeans, testified before a National Assembly committee about her experiences with workplace bullying and isolation, drawing international attention to labor practices in South Korea’s entertainment sector. Hanni’s [...]
SEOUL, Oct. 17 (Korea Bizwire) – A recent report by the Korea Consumer Agency has shed light on growing concerns in the domestic matchmaking industry, revealing that consumers who sought redress for grievances paid an average of 3.46 million won for matchmaking services. The agency’s data, released on October 16, shows a troubling trend in the [...]
SEOUL, Oct. 17 (Korea Bizwire) – Volvo Cars Korea announced on October 16 that it has secured the top position in the product satisfaction (TGR) category of the “2024 Automobile Planning Survey” conducted by Consumer Insight, a leading consumer research firm in South Korea. This achievement marks Volvo’s dominance over both domestic and imported car brands [...]