SEOUL, Jul. 2 (Korea Bizwire) – The Seoul Metropolitan Government announced on July 1 that it will introduce reusable containers at Samsung Medical Center’s funeral hall starting this month. This marks the first instance of a large-scale funeral facility in a top-tier general hospital participating in Seoul’s reusable container policy. Last year, the city government unveiled [...]
SEOUL, Jul. 2 (Korea Bizwire) – Hyundai Department Store announced on July 1 that it is introducing an AI-powered advertising designer called OneStep in collaboration with GiantStep, a company specializing in real-time content and generative AI solutions. OneStep is a program that generates advertising images based on user-input event descriptions. For instance, when a user enters [...]
SEOUL, Jul. 2 (Korea Bizwire) – Seoul Metro, the operator of Seoul’s subway lines 1 through 8, announced on July 1 that it will undertake a consulting project for Jakarta’s urban rail operations. The project, valued at $9.8 million (13 billion won), is set to run from 2025 to 2028. It is part of a public [...]
GWANGJU, Jul. 1 (Korea Bizwire) – The city of Gwangju has implemented a smart crosswalk system that automatically extends crossing times for elderly or mobility-impaired pedestrians who may need extra time to cross the street safely. According to city officials on July 1, the “Intelligent Transportation System (ITS) Smart Crosswalk” developed in collaboration with the Gwangju [...]
SEOUL, July 1 (Korea Bizwire) –Renault Korea Motors Co., the South Korean arm of Renault S.A., reported a notable 23.4% increase in its June sales, driven by a significant rise in exports. The company announced on Monday that it sold 9,002 vehicles last month, a considerable jump from the 7,297 units sold in the same [...]
SEOUL, Jul. 1 (Korea Bizwire) – South Korean e-commerce platforms appear to be regaining strength after facing intense pressure from Chinese competitors like AliExpress and Temu last year. This resurgence comes as concerns over the safety of low-cost Chinese products have risen, and domestic platforms have launched aggressive promotional campaigns to win back customers. According to [...]
SEOUL, Jul. 1 (Korea Bizwire) – In a sparsely decorated room, four wooden tablets bearing birthdates hang on the wall. Eight individuals – four men and four women, all claiming professions such as shamans, fortune-tellers, and tarot masters – enter the room one by one. Their task? To choose a potential romantic partner based solely on [...]
SEOUL, Jul. 1 (Korea Bizwire) – With the summer vacation season approaching, many South Koreans are finding themselves priced out of their usual holiday plans, opting instead for “staycations” or scaled-back trips due to persistent inflation and high interest rates. Lee, a 29-year-old office worker in Seoul who asked to be identified only by their surname, [...]
SEOUL, Jul. 1 (Korea Bizwire) — South Korea will launch a new ministry of population strategy to address low birth rates and a rapidly aging population, which have emerged as some of the starkest challenges facing the country, officials said Monday. The government unveiled the plan following high-level meetings with the ruling party, saying that [...]
SEOUL, Jul. 1 (Korea Bizwire) – Samsung Electronics, the South Korean tech giant, saw a significant decrease in its tax and statutory charges last year, while experiencing a slight increase in labor costs, according to the company’s latest sustainability report. The 2024 Sustainability Report, released on June 28, reveals that Samsung’s global tax and statutory charges, [...]