SEOUL, July 22 (Korea Bizwire) – The Chinese e-commerce giant Alibaba.com is set to broaden its support for South Korean companies looking to expand their international reach through direct sales channels. On July 22, Alibaba.com announced plans to officially launch the Korea Pavilion, a dedicated B2B website for Korean enterprises, on August 8. This new platform, [...]
BUSAN, Jul. 22 (Korea Bizwire) – In a bustling city known for its seafood and beaches, a new concern is brewing among parents and authorities alike: the ease with which minors can access alcohol and cigarettes through delivery apps. “It’s frustrating when someone who’s clearly underage asks me to buy alcohol or cigarettes,” said a delivery [...]
SEOUL, Jul. 22 (Korea Bizwire) – Samsung Electronics, the South Korean tech giant, is revving up its merger and acquisition (M&A) engine, with a particular focus on artificial intelligence (AI) technologies. The company’s recent moves have ignited speculation about its next big deal and future direction in the rapidly evolving AI landscape. On July 16, Samsung [...]
SEOUL, Jul. 22 (Korea Bizwire) – As the peak summer travel season approaches, South Korea’s tourism industry finds itself facing an unexpected challenge: a sharp decline in bookings that has left travel agencies and airlines scrambling to fill seats. “I’m being called into the CEO’s office every day because peak season reservations aren’t coming in,” confided [...]
SEOUL, Jul. 22 (Korea Bizwire) – As South Korea’s tourism industry rebounds, a new trend is emerging: foreign visitors are increasingly seeking out K-beauty experiences, from hair salons to personal color analysis sessions. An American tourist who wished to remain anonymous recently visited a renowned hair salon in Seoul’s trendy Hongdae district. “They perfectly executed the [...]
SEJONG, Jul. 22 (Korea Bizwire) – In a troubling trend for South Korea’s labor market, the number of college graduates neither employed nor seeking work has surpassed 4 million in the first half of 2024, reaching an all-time high despite government efforts to boost economic participation. According to data from Statistics Korea’s national statistics portal, an [...]
GWANGJU, Jul. 22 (Korea Bizwire) – As extreme weather events become more frequent, the demand for Russian-language emergency text alerts, powered by artificial intelligence (AI), is skyrocketing among the Korean-Russian community in Gwangju. The Gwangju Goryeoin Village, a settlement of ethnic Koreans from Russia and former Soviet states, reported on July 21 that its Russian-language emergency [...]
SEOUL, Jul. 22 (Korea Bizwire) – As new technologies emerge that can predict menstrual cycles and detect sleep apnea by collecting biometric data during sleep, including heart rate, blood sugar levels, and stress indicators, the South Korean government has initiated efforts to draft legislation to address these developments. The Personal Information Protection Commission (PIPC) aims to [...]
SEOUL, July 20(Korea Bizwire) – Former President Donald Trump showcased his personal rapport with North Korean leader Kim Jong-un during his acceptance speech for the GOP nomination for the November 5 presidential election. Speaking on the final day of the Republican National Convention in Milwaukee, Trump suggested that Kim might prefer his return to office and [...]
SEOUL, July 20(Korea Bizwire) – The number of international passengers traveling via Incheon International Airport has leaped nearly 40 percent in the first half of 2024 from a year earlier, the airport’s operator said Friday. A total of around 34 million passengers traveled on international flights at Incheon International Airport in the first half, up [...]