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 [...]
SEOUL, Jun. 28 (Korea Bizwire) – In a significant legal decision, the Seoul Central District Court has ruled against national university students seeking tuition refunds for classes moved online during the COVID-19 pandemic. The verdict, delivered on June 27, marks another setback for students claiming their right to education was infringed upon due to the shift [...]
SEOUL, Jun. 28 (Korea Bizwire) – Air pollutant emissions from large-scale industrial facilities in South Korea rose to 220,441 tons in 2023, marking a 2.4% increase from the previous year’s 215,205 tons, according to a report released by the Ministry of Environment. The increase is attributed to an increase in the number of facilities equipped with [...]
SEOUL, Jun. 28 (Korea Bizwire) – As nearly 8 out of 10 South Koreans spend their final moments in hospitals, a new regulation set to take effect in August will require general hospitals and long-term care facilities to install dedicated “end-of-life” rooms. This move by the government aims to ensure a more dignified conclusion to life [...]
SEOUL, Jun. 26 (Korea Bizwire) – As Naver Webtoon prepares for its Nasdaq listing, the company has set its initial public offering (IPO) price, catapulting its valuation to around 3.7 trillion won. This development marks a significant milestone for the digital comics industry, challenging the long-held notion that “webtoons can’t make money.” Webtoon Entertainment, the North [...]
BUSAN, Jun. 26 (Korea Bizwire) –Hyundai Motor Company has lifted the veil on its Casper Electric vehicle at the Busan Mobility Show, presenting what it calls a new standard for electrification and reaffirming its commitment to a hydrogen-based ecosystem. The South Korean automaker announced on June 27 that it would participate in the show, running [...]
SEOUL, Jun. 26 (Korea Bizwire) –In a significant step towards a hydrogen-powered future, SK E&S announced on June 27 the completion of South Korea’s first liquid hydrogen refueling station in Gyeonggi Province. The facility, the Icheon Daeheung Liquid Hydrogen Refueling Station, was inaugurated in Daewol-myeon, Icheon. The station is operated by SK Plug Hyverse (Hyverse), [...]
SEOUL, Jun. 26 (Korea Bizwire) – Samsung Electronics announced on June 27 that it has partnered with KB Kookmin Card to introduce an innovative Internet of Things (IoT) credit card, leveraging low-energy Bluetooth (BLE) technology and Samsung’s SmartThings Find service. SmartThings Find is a specialized service that allows users to locate various Samsung devices, including Galaxy [...]
SEOUL, June 27 (Korea Bizwire) – A multipurpose Korea Center has officially opened in New York, marking a significant expansion as a gateway to Korean culture, the culture ministry announced Thursday. “It will serve as a multiplex cultural hub for audiences that provides a window into Korean art, music, film, history, language, literature, and cuisine,” [...]
DAEJEON, Jun. 27 (Korea Bizwire) – In a contentious legal battle, three South Korean companies have filed a lawsuit against the state-run Korea Minting and Security Printing Corporation (KOMSCO), seeking 7.5 billion won in damages. The dispute stems from a scrapped government initiative to implement a deposit system for disposable cups. The deposit system required coffee [...]