SEOUL, Oct. 15 (Korea Bizwire) – As the race to dominate the future of the automotive industry intensifies, with a focus on electrification and software-defined vehicles (SDVs), a wave of strategic partnerships is reshaping the global automobile market. Industry analysts suggest these alliances are largely driven by a shared concern: the need to respond to China’s [...]
SEOUL, Oct. 15 (Korea Bizwire) – Amidst growing concerns over South Korea’s critically low birth rate, a recent survey reveals a significant increase in marriage and childbirth intentions among people in their 20s and 30s, offering a glimmer of hope for the country’s demographic challenges. The Presidential Committee on Ageing Society and Population Policy released the [...]
SEOUL, Oct. 15 (Korea Bizwire) – As climate change continues to intensify, a new study warns that emergency medical services worldwide are woefully unprepared for its impacts. Despite the looming crisis, few countries have assessed the scale of the threat or developed plans to address it. International emergency medicine experts are sounding the alarm, calling for [...]
CHEONGJU, Oct. 15 (Korea Bizwire) – In a significant move to address declining birth rates and support family planning, South Korea’s Ministry of Health and Welfare announced plans to extend egg freezing subsidies nationwide starting next year, building on a pioneering program launched by North Chungcheong Province. Egg freezing, a fertility preservation method that allows women [...]
SEOUL, Oct. 15 (Korea Bizwire) – The Seoul Business Agency announced on October 14 that it will host 2024 SEOULCon, a global influencer expo, from December 28 to January 1 at the Dongdaemun Design Plaza (DDP). Now in its second year, the event will feature 3,500 influencers participating in 17 sessions and 25 programs, aiming to [...]
SEOUL, Oct. 15 (Korea Bizwire) – In a collaborative effort to improve access to public transportation for older residents in underserved areas, South Korean authorities and industry leaders have joined forces to expand a Demand-Responsive Transport (DRT) bus system. On October 14, the National Police Agency, the National Association of Mayors, and Hyundai Motor signed a [...]
SEONGNAM, Oct. 15 (Korea Bizwire) – A recreational kayaking event in Seongnam, a city southeast of Seoul, has drawn sharp criticism from environmental groups and local politicians after an attempt to raise water levels left fish stranded in dried-up sections of the Tancheon Stream. The incident occurred during the 2024 Seongnam Festival (October 5-13), where city [...]
SEJONG, Oct. 15 (Korea Bizwire) – As South Korea grapples with one of the world’s lowest birth rates, a new study suggests that rising income inequality may be a significant contributing factor, prompting calls for integrated redistribution and birth support policies. The research, presented at a recent fiscal policy forum by Lee Jong Ha, a professor [...]
SEOUL, Oct. 14 (Korea Bizwire) – As Free Ad-Supported Streaming TV (FAST) gains traction, companies and brands are increasingly launching their own channels on these platforms, viewing them as a new frontier for product and service promotion. FAST channels, which offer free content in exchange for watching advertisements, are primarily consumed on smart TVs. They combine [...]
SEOUL, Oct. 14 (Korea Bizwire) – YouTube’s decision to extend the maximum length of its short-form video service, Shorts, from 60 seconds to 3 minutes is set to reshape the competitive landscape of video platforms in South Korea. The change, effective October 15, was announced on YouTube Korea’s blog, operated by Google Korea. Todd Sherman, YouTube’s [...]