SEOUL, Oct. 22 (Korea Bizwire) — Amid a growing presence of service robots in South Korea’s restaurants and public facilities, concerns are mounting over potential hacking risks and the absence of government oversight to ensure their cybersecurity. According to data submitted by the Korea Internet and Security Agency (KISA) to Rep. Choi Su-jin of the opposition [...]
SEOUL, Oct. 22 (Korea Bizwire) — Shinhan Bank is introducing a new interactive savings product that merges gaming and personal finance, targeting younger customers who seek both fun and engagement in their banking experience. The bank said Monday that it has begun pre-registration for its “Arcade Savings” account through the Shinhan SOL Bank app, open until [...]
SEOUL, Oct. 21 (Korea Bizwire) — South Korea’s National Police Agency has suspended its use of a domestic artificial intelligence–based legal information platform, citing cost pressures and growing concerns over the reliability of AI-generated content after a recent controversy involving ChatGPT-created false legal citations. According to police officials on Tuesday, the agency announced on its internal [...]
SEOUL, Oct. 21 (Korea Bizwire) — Dual-income couples are more likely to consider having children when housework and earning power are shared equally between partners, a new study has found. According to research published by the Korea Institute of Child Care and Education, women’s willingness to have children rises significantly when household chores are evenly [...]
SEOUL, Oct. 21 (Korea Bizwire) — With competition in the cosmetics industry intensifying, major South Korean beauty brands are increasingly turning their stores into immersive spaces where customers can test products and experience the essence of each brand beyond the counter. APR Co. operates “Space Dosan” in Seoul’s Sinsa-dong, where visitors can try its Medicube skincare [...]
SEOUL, Oct. 21 (Korea Bizwire) — As global interest in Korean cuisine continues to soar, foreign tourists visiting South Korea are increasingly venturing beyond traditional dishes like kimchi, bulgogi, and bibimbap to explore the flavors of everyday Korean life — from instant noodles and gimbap to street snacks and convenience store fare. According to data [...]
SEOUL, Oct. 21 (Korea Bizwire) — South Korea’s leading food delivery platform Baemin is facing fresh criticism over allegations that it tacitly allowed restaurant owners to inflate menu prices before applying promotional discounts, effectively misleading consumers. According to a report released Monday by the Fair Platform Business Owners Association (or For Fair Platform), a Baemin [...]
SEOUL, Oct. 21 (Korea Bizwire) — South Korea will expand its national pension premium support program starting in 2026 to cover low-income individuals who have temporarily lost income due to job loss or business closure, even if they do not immediately resume payments, the government announced Monday. The reform, part of the pension overhaul agreed upon [...]
SEOUL, Oct. 21 (Korea Bizwire) — South Korea’s Supreme Court has ruled that resident doctors at general hospitals are entitled to overtime and night-shift pay under the Labor Standards Act, marking a major decision that reinforces labor protections for medical trainees. The court upheld a lower court ruling in favor of three former emergency medicine residents [...]
SEOUL, Oct. 21 (Korea Bizwire) — Samsung Asset Management said Monday it will launch a new exchange-traded fund (ETF) that invests in companies participating in South Korea’s national “Sovereign AI” project, underscoring growing investor confidence in the country’s bid to develop its own artificial intelligence infrastructure. The KODEX Korea Sovereign AI ETF, set to debut on [...]