DONGDUCHEON, May 28 (Korea Bizwire) — Residents of Dongducheon, a city long shaped by its role as host to U.S. military forces, have staged daily protests for over a month in front of Camp Casey, demanding that the South Korean government honor compensation and development pledges made more than a decade ago. Since April 21, citizens [...]
SEOUL, May 28 (Korea Bizwire) — The cost of private hospital rooms, particularly in departments such as pediatrics and obstetrics, shows stark regional disparities in South Korea, with fees in Seoul more than double those in some rural areas, according to newly released government data. Data obtained by Rep. Kim Mi-ae of the National Assembly’s Health [...]
SEOUL, May 28 (Korea Bizwire) — After a lull following the post-pandemic cooling of the metaverse hype, interest in extended reality (XR) technology is surging once again — this time fueled by Google’s announcement of a new smart glasses collaboration with South Korea’s Samsung Electronics. At its annual I/O developers conference earlier this month, Google revealed [...]
SEOUL, May 27 (Korea Bizwire) — Google CEO Sundar Pichai expressed deep admiration for South Korea’s role in global technology innovation and reaffirmed the company’s growing partnership with Korean firms, including Samsung Electronics, in a wide-ranging interview with Korean YouTuber Jocoding released Tuesday. In a nod to the traditional Korea-U.S. alliance motto, Pichai cheerfully declared, “Korea [...]
SEOUL, May 27 (Korea Bizwire) — South Korea’s youth population is shrinking at a rapid pace due to declining birth rates, even as the number of students from multicultural backgrounds continues to rise, according to the Ministry of Gender Equality and Family’s annual Youth Statistics 2025 report released Tuesday. As of this year, the youth population [...]
SEOUL, May 27 (Korea Bizwire) — A renewed push by U.S. President Donald Trump to impose a sweeping 25% tariff on all foreign-made smartphones, including Samsung’s Galaxy lineup, is stirring deep concern at the South Korean tech giant. The proposed tariffs, expected to take effect as early as next month, are part of Trump’s broader strategy [...]
SEOUL, March 27 (Korea Bizwire) — On weekends, 55-year-old Jang Mo clocks into a small dessert café in Seoul not for a paycheck, but for family. She spends 12 hours a day pulling espresso shots, washing dishes, and scrubbing floors—all to support her daughter’s dream of running a successful bakery. But dreams, Jang has learned, [...]
SEOUL, May 27 (Korea Bizwire) — South Korea has the highest employment rate among people aged 65 and older across the OECD, but the quality of jobs available to the elderly remains alarmingly low, driven by insufficient pension income and limited opportunities to leverage their lifelong careers. According to a recent report released by the National [...]
SEOUL, May 27 (Korea Bizwire) — As South Korea’s aviation industry braces for structural shifts and intensifying competition, domestic airlines are increasingly pursuing exclusive international routes to differentiate themselves and tap into niche travel markets, industry data shows. As of May 2025, Korean carriers operate 76 international routes without overlap from other domestic airlines — [...]
SEOUL, May 27 (Korea Bizwire) — As South Korea grapples with a prolonged domestic slowdown, economists and policymakers are sounding the alarm over an increasingly potent structural threat: the country’s shrinking and aging population. Already facing stagnating consumer sentiment, high inflation, and global uncertainty, South Korea’s economy is now contending with the compounding impact of demographic [...]