SEOUL, Jul. 1 (Korea Bizwire) – A South Korean court has ruled that an airline’s decision to lay off pilots during the COVID-19 pandemic was justified, given the severe economic challenges faced by the aviation industry. The Seoul Administrative Court recently dismissed a lawsuit filed by 29 pilots who were laid off from Airline A in [...]
SEOUL, Jul. 1 (Korea Bizwire) – On rainy summer days in Seoul, South Koreans are more likely to indulge in traditional comfort foods like bindaetteok (mung bean pancakes) and sujebi (hand-pulled dough soup), according to recent credit card data. The analysis, conducted by KB Kookmin Card, reveals a shift in dining patterns influenced by weather conditions. [...]
SEOUL, Jul. 1 (Korea Bizwire) – The number of registered drones in South Korea has increased ninefold over the past five years, reflecting their growing popularity for various applications including package delivery, search operations, and video filming. According to data released on June 30 by the Korea Transportation Safety Authority, there were 59,871 registered drones in [...]
SEOUL, June 30 (Korea Bizwire) –LG Electronics announced on June 30 that it will launch its 2024 lineup of wireless OLED TVs featuring improved wireless transmission technology in both domestic and international markets. The new models boast significant improvements over their predecessors. The maximum refresh rate for 4K resolution has been increased from 120Hz [...]
SEOUL, Jun. 29 (Korea Bizwire) – In a battle for dominance in the burgeoning cross-border e-commerce market, international platforms are intensifying their efforts to capture a slice of South Korea’s booming overseas sales sector, particularly in the realm of K-beauty products. Shopee, Southeast Asia’s largest e-commerce platform, announced plans to expand support for Korean products seeking [...]
SEOUL, June 29 (Korea Bizwire) – Busan, South Korea’s second-largest city, appears to have entered a phase of extinction due to low birthrates and superaging population, becoming the nation’s first metropolitan city to do so, said a research paper published on Friday. The paper from the Korea Employment Information Service estimated Busan’s ratio of the [...]
SEOUL, Jun. 29 (Korea Bizwire) – Allegations of death by overwork have surfaced following the passing of a 40-year-old delivery driver who had been working for Coupang’s late-night Rocket Delivery service. On June 27, the Committee for Countermeasures Against Overwork Deaths of Delivery Workers and the family of the deceased, Jung Seul-gi, held a press conference [...]
SEOUL, June 29 (Korea Bizwire) – South Korea’s industry ministry said Friday it will add 243 more items that can potentially be used for military purposes to the list of products regulated for export to Russia and Belarus. The decision raised the number of such items to 1,402, as South Korea has been tightening its [...]
SEOUL, Jun. 28 (Korea Bizwire) – A recent survey has revealed that a significant portion of South Koreans are opting out of summer vacations, with job hunting and exam preparation cited as the primary reasons. The study, conducted by EduWill, a comprehensive education company, surveyed 197 adults aged 20 to 40 over a seven-day period ending [...]
SEJONG, Jun. 28 (Korea Bizwire) – A recent analysis by Statistics Korea’s Statistics Research Institute reveals that approximately four out of five young adults in South Korea are unmarried, with the rate of singlehood among those in their early to mid-30s tripling over the past two decades. The report, titled “How Has the Face of South [...]