TAIPEI, May 23, 2025 (Korea Bizwire) — COMPUTEX 2025, Asia’s largest information technology expo, concluded its four-day run in Taipei on Thursday — and it was, by all accounts, the Jensen Huang show. From keynote speeches to back-to-back meetings with Taiwan’s top tech firms and government officials, the Nvidia CEO’s presence dominated the event, underscoring both [...]
WASHINGTON, May 22 (Korea Bizwire) – The United States’ reported consideration of a U.S. Forces Korea (USFK) troop drawdown is raising eyebrows in South Korea as the reduction, if realized, could affect deterrence against a muscle-flexing North Korea and be construed as a sign of a diminished security commitment to South Korea. President Donald Trump’s [...]
SEOUL, May 22 (Korea Bizwire) – A new government study has found that cheonggukjang, Korea’s traditional fermented soybean paste, contains the highest proportion of bioavailable isoflavones among processed soybean foods, highlighting its superior health benefits. According to research released Thursday by the Gyeonggi Institute of Health and Environment, cheonggukjang leads in the proportion of non-glycosylated (aglycone) [...]
SEOUL, May 23 (Korea Bizwire) – South Korea’s tech giants Samsung Electronics and LG Electronics are once again locked in a high-stakes rivalry—this time over the booming market for all-in-one washer-dryers, dubbed by the industry as the “dream appliance.” The latest clash began when Samsung claimed during a media briefing Thursday that it holds a commanding [...]
BUSAN, May 22 (Korea Bizwire) – A rise in traffic accidents involving elderly drivers in Busan is drawing renewed attention to the urgent need for comprehensive safety measures, as demographic shifts push the city deeper into an aging society. According to the Busan Metropolitan Police Agency, the latest incident occurred on May 21, when an SM7 [...]
SEOUL, May 23 (Korea Bizwire) – South Korea has taken a major step toward medical self-sufficiency by launching domestic production of key cancer-fighting radioisotopes, Actinium-225 (Ac-225) and Iodine-131 (I-131), which had previously been entirely imported, creating frequent supply shortages for patients and drug developers. The Ministry of Science and ICT announced Thursday that the Korea Institute [...]
SEOUL, May 22 (Korea Bizwire) – In an unusual move underscoring the strategic importance of South Korea’s digital currency initiatives, Bank of Korea Governor Rhee Chang-yong has personally visited the heads of the country’s major commercial banks, urging their active participation in two key central bank digital currency (CBDC) pilot projects. According to industry sources, Rhee [...]
SEOUL, May 23, 2025 (Korea Bizwire) – For the first time, the number of construction engineers aged 60 and older in South Korea has surpassed those in their 40s, signaling an accelerating demographic shift in the country’s construction sector. According to a report released Thursday by the Korea Construction Policy Institute, as of February 2025, 277,432 [...]
SEOUL, May 23, 2025 (Korea Bizwire) – South Korea’s aviation sector is accelerating hiring efforts across key roles—including pilots, flight attendants, and maintenance personnel—as airlines prepare for a post-pandemic surge in passenger demand, expand their fleets, and brace for structural industry realignment. Korean Air, the country’s largest carrier, began accepting applications this week for summer internship [...]
JEJU, May 22 (Korea Bizwire) – Jeju Island is ramping up efforts to position itself as a global hub for digital nomads, unveiling a strategic initiative to attract remote workers and foster regional innovation. The initiative will be explored in depth at a dedicated session during the upcoming 20th Jeju Forum for Peace and Prosperity, scheduled [...]