SEOUL, Jul. 10 (Korea Bizwire) – A recent survey has revealed that 7 out of 10 South Korean adults have tried zero-sugar or non-alcoholic beverages when drinking, signaling a significant shift in the country’s drinking culture towards healthier alternatives. Lotte Members, a South Korean marketing solutions company, conducted a nationwide survey of 2,000 adults from May [...]
SEOUL, Jul. 10 (Korea Bizwire) – Global asset management firm Franklin Templeton has offered a cautiously optimistic assessment of the South Korean government’s efforts to address the so-called ‘Korea Discount’ – the persistent undervaluation of Korean stocks. While viewing the corporate value enhancement policies positively, the firm anticipates that tangible results may take time to materialize. [...]
SEOUL, Jul. 10 (Korea Bizwire) – The National Fire Agency of South Korea announced on July 9 that it would launch its first specialized program to train officiants for memorial services or commemoration ceremonies for firefighters nationwide. Officiants, known as “jipryegwan” in Korean, are responsible for overseeing memorial services and commemorative events. This initiative aims to [...]
SEOUL, Jul. 10 (Korea Bizwire) – Samsung C&T Corporation, a major player in South Korea’s construction industry, is set to revolutionize home automation by introducing a service that controls various Internet of Things (IoT) devices from different brands through its proprietary home platform application, Homeniq. The construction division of Samsung C&T announced on July 9 that [...]
SEOUL, July 9 (Korea Bizwire) – A new dessert trend dubbed “Dubai Chocolate” has taken South Korea by storm, particularly among the younger generation, leading to shortages and even a burgeoning resale market. Originally referring to products from the UAE-based brand Figs Dessert Chocolatier, Dubai Chocolate features a filling of kadayif (a thin Middle Eastern noodle) [...]
SEOUL, July 9 (Korea Bizwire) – The inaugural Esports World Cup (EWC) in Saudi Arabia has emerged as a successful international gaming event, particularly in the League of Legends (LoL) category, despite facing numerous controversies over its execution. According to esports statistics website Escharts, the LoL final between T1 and Top Esports (TES) on July 8 [...]
GWANGJU, July 9 (Korea Bizwire) – A South Korean court ordered Nippon Coke & Engineering on Tuesday to compensate Korean victims for their forced labor at Japanese mines during World War II. The Gwangju District Court ordered the Japanese firm to pay compensation ranging from 13 million won (US$9,400) to 100 million won to each [...]
SEJONG, Jul. 9 (Korea Bizwire) – In a significant development for South Korea’s public housing sector, the Korea Land and Housing Corporation (LH) is utilizing modular construction techniques to build a new apartment complex in Sejong City’s 6-3 Living Area. This innovative approach promises to revolutionize the construction industry by significantly reducing build times and maintaining [...]
SEOUL, Jul. 9 (Korea Bizwire) – A new study has revealed that the average smoothie sold in Seoul contains as much sugar as 17 cubes, raising concerns about the health implications of these popular beverages. The Seoul Research Institute of Public Health and Environment announced on July 8 the results of its analysis of 93 different [...]
SEOUL, Jul. 9 (Korea Bizwire) – In a bold move to bolster its artificial intelligence industry, the South Korean government has announced plans to release a wide range of personal data to businesses, researchers, and the public this year. The data, which will undergo pseudonymization, includes sensitive information such as college entrance exam scores, medical records, [...]