SEOUL, July 21 (Korea Bizwire) — With South Korea’s pet-owning population now exceeding 15 million, demand is surging for home appliances designed with companion animals in mind — a fast-growing category known as “pet care appliances.” According to industry sources, the number of users accessing the Pet Care features of Samsung Electronics’ SmartThings platform increased [...]
SEOUL, July 21 (Korea Bizwire) — As South Korea prepares to roll out its nationwide consumer coupon initiative aimed at reviving domestic spending, some foreign residents, including permanent residents and marriage immigrants, are set to benefit from the program for the first time. Beginning July 21, eligible residents can apply for the consumer coupons, which offer [...]
SEOUL, July 21 (Korea Bizwire) — As small restaurant owners continue to struggle with rising operational costs and a sluggish economy, South Korea’s National Assembly is considering introducing a cap on delivery app fees — a move that could significantly reshape the country’s booming food delivery sector. At the center of the debate is the [...]
SEOUL, July 21 (Korea Bizwire) — As Korean pop culture continues to captivate global audiences, secondhand K-pop merchandise is experiencing a dramatic surge in international demand, driving a new wave of “reverse direct-to-consumer” sales from South Korea to overseas buyers. According to Bunjang, a leading Korean secondhand marketplace, the platform’s global transaction volume in the first [...]
BUSAN, July 21 (Korea Bizwire) — As housing market polarization between metropolitan and regional areas intensifies, Busan is witnessing a stark internal divide in apartment prices, with the gap between its highest- and lowest-priced units reaching a record high over the past decade. According to data from KB Real Estate analyzed by real estate platform Budongsan [...]
SEOUL, July 20 (Korea Bizwire) — Following a final acquittal by South Korea’s Supreme Court, Samsung Electronics Chairman Lee Jae-yong has entered a new era — free from the legal battles that have dogged him for nearly a decade. Yet the silence from both Lee and the company signals a period of deep strategic reflection, [...]
SEOUL, July 20 (Korea Bizwire) — LG Electronics is deepening employee engagement with its core brand philosophy through a company-wide internal campaign designed to inspire optimism and customer-centric innovation. Dubbed “Life’s Good ON AIR”, the initiative reinforces LG’s commitment to its brand promise — “Life’s Good” — by highlighting how everyday actions and workplace innovation contribute [...]
SEOUL, July 19 (Korea Bizwire) — Despite growing awareness of multiculturalism in South Korea, a new national survey reveals that while a significant portion of Koreans are open to having immigrants as neighbors or coworkers, far fewer are willing to accept them as close family members. According to a report released Friday by the Korea [...]
GYEONGJU, July 19 (Korea Bizwire) — Chey Tae-won, Chairman of SK Group and the Korea Chamber of Commerce and Industry (KCCI), issued a pointed warning on Friday about China’s rapid advancement in manufacturing AI, urging South Korea to form a strategic alliance with Japan and reform key policies to maintain competitiveness in the global AI [...]
SEOUL, July 18 (Korea Bizwire) — A special investigation team probing allegations against Kim Keon-hee, wife of former President Yoon Suk-yeol, carried out a sweeping raid Friday on key facilities of the Unification Church, triggering a dramatic protest from its followers. According to reports by MBC and JTBC, the raid targeted the Cheon Jeong Gung [...]