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New York Korea Center Opens as Multifaceted Hub for Korean Culture

New York Korea Center Opens as Multifaceted Hub for Korean Culture

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,” [...]

South Korean Firms Sue Government Mint Over Failed Deposit Program for Disposable Cups

South Korean Firms Sue Government Mint Over Failed Deposit Program for Disposable Cups

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 [...]

South Korean Veterinary Clinics Accused of Unethical Practices in Feral Cat Sterilization Program

South Korean Veterinary Clinics Accused of Unethical Practices in Feral Cat Sterilization Program

CHEONGJU, Jun. 27 (Korea Bizwire) – In a troubling development, several veterinary clinics in Cheongju, South Korea, have been accused of indiscriminately capturing and sterilizing pregnant feral cats to secure government funding, despite legal prohibitions against such practices.  According to the Korea Abandoned Animal Welfare Association (KAWA), from March to May, three out of six animal [...]

South Korea Sees Sharp Rise in Drug Addiction Treatment Costs

South Korea Sees Sharp Rise in Drug Addiction Treatment Costs

SEOUL, Jun. 27 (Korea Bizwire) – In recent years, South Korea has witnessed a significant increase in medical expenses related to drug addiction, largely attributed to a growing trend of prescribing psychotropic medications for insomnia treatment and weight loss.  The Health Insurance Review and Assessment Service (HIRA) released these findings on June 26, coinciding with World [...]

South Korean Biotech Firms Accelerate Development of mRNA Vaccine Platforms

South Korean Biotech Firms Accelerate Development of mRNA Vaccine Platforms

SEOUL, Jun. 27 (Korea Bizwire) – South Korean vaccine developers are leveraging the expertise gained during COVID-19 vaccine development to accelerate the creation of messenger RNA (mRNA) vaccine platforms. This push has gained momentum following the Korea Disease Control and Prevention Agency’s recent emphasis on domestically producing mRNA vaccine platforms capable of developing vaccines within 100-200 [...]

Samsung’s Semiconductor Division Holds Strategic Meeting to Address Future Challenges

Samsung’s Semiconductor Division Holds Strategic Meeting to Address Future Challenges

SEOUL, Jun. 27 (Korea Bizwire) – Samsung Electronics’ Device Solutions (DS) Division, responsible for the company’s semiconductor business, held its semi-annual global strategy meeting on June 26 to discuss ways to secure future competitiveness in the semiconductor industry.  The meeting, chaired by DS Division head Kyung Kye-hun, was held at Samsung’s Hwaseong campus in Gyeonggi Province. [...]

South Korea’s Ministry of Oceans and Fisheries Recruits ‘Sea Guardians’ to Monitor Distant Water Fishing Vessels

South Korea’s Ministry of Oceans and Fisheries Recruits ‘Sea Guardians’ to Monitor Distant Water Fishing Vessels

SEOUL, Jun. 27 (Korea Bizwire) – The Ministry of Oceans and Fisheries of South Korea has announced a recruitment drive for “Observers” to monitor illegal fishing activities and conduct scientific research aboard the country’s distant water fishing vessels. These individuals, often referred to as “Sea Guardians,” play a crucial role in overseeing fishing operations at sea. [...]

Self-Harm Hospitalizations Double Among South Korean Youth Over Past Decade

Self-Harm Hospitalizations Double Among South Korean Youth Over Past Decade

SEOUL, Jun. 27 (Korea Bizwire) – A recent report from the Korea Disease Control and Prevention Agency (KDCA) reveals a troubling trend in South Korea: intentional self-harm hospitalizations have more than doubled over the past decade, with teenagers being the most affected group.  According to the “2022 Hospital Discharge Injury Statistics” released on June 26, the [...]

LG Group to Purchase First Cadillac Lyriq in South Korea, Solidifying Partnership with GM

LG Group to Purchase First Cadillac Lyriq in South Korea, Solidifying Partnership with GM

SEOUL, June 26 (Korea Bizwire) – In a move that underscores the strong partnership between LG Group and General Motors (GM), LG Chemical and LG Energy Solution are set to become the first buyers of the Cadillac Lyriq electric vehicle in South Korea. Industry sources revealed on June 25 that LG Chemical and LG Energy Solution [...]