YANGYANG, Aug. 11 (Korea Bizwire) – In a unique blend of tradition and modern social initiatives, a matchmaking program at a Buddhist temple in South Korea drew the attention of high-ranking government officials focused on the country’s demographic challenges even before it was announced that this iteration of the event had been the most successful yet. [...]
SEOUL, Aug. 11 (Korea Bizwire) – As South Korea grapples with an aging population, the market for benign prostatic hyperplasia (BPH) medications is projected to reach 200 billion won by 2026, nearly doubling from its 2018 value, according to a recent report. The forecast, published in ASTI Market Insight by the Korea Institute of Science and [...]
SEOUL, Aug. 11 (Korea Bizwire) – In a market long dominated by homegrown players, South Korea’s internet search landscape is showing signs of a significant shift. Global tech giants Google and Microsoft’s Bing are steadily gaining market share, while local stalwarts Naver and Kakao’s Daum are seeing their once-ironclad grip on the market loosen. According to [...]
SEOUL, Aug. 10 (Korea Bizwire) – The death of a lone welfare recipient from heatstroke after being turned away from 14 hospitals has sparked outrage in South Korea, exposing deep-rooted issues in the nation’s healthcare and social welfare systems. The incident, which occurred on July 30 in Seoul’s Ssangmun-dong district but only recently came to light, [...]
SEOUL, Aug. 10 (Korea Bizwire) – In a significant move to address pressing social issues, the Korea Chamber of Commerce and Industry (KCCI) announced on August 9 that it will host the inaugural Korea Social Value Festa on September 12 at COEX in Seoul’s Gangnam district. The event, which aims to bring together government, private sector, [...]
CHANGWON, Aug. 10 (Korea Bizwire) – South Gyeongsang Province, the Korea Electric Power Corporation (KEPCO), and a social enterprise are joining forces to promote recycling and a culture of sharing by repurposing discarded safety helmets and plastic bottles. On August 9, the provincial government, KEPCO’s South Gyeongsang branch, and the social enterprise Usisan signed a memorandum [...]
SEOUL, Aug. 10 (Korea Bizwire) – Renault Korea Motors announced on August 9 a new program guaranteeing the resale value for customers who purchase its latest hybrid SUV, the New Renault Grand Koleos. The initiative, aimed at boosting sales of the mid-size SUV’s E-Tech hybrid model, promises industry-leading residual values for customers who trade in their [...]
HAENAM, Aug. 10 (Korea Bizwire) – The rural town of Haenam in South Jeolla Province is making notable strides in building family-friendly infrastructure through the operation of communal childcare spaces, an initiative that’s gaining traction in this part of South Korea. These shared childcare rooms, known locally as “gongdong yuga bang,” serve as collaborative spaces where [...]
SEOUL, Aug. 9 (Korea Bizwire) – Questions have been raised over the crisis response capacity of Mercedes-Benz Korea Ltd., as the company remained largely silent for over a week on an electric vehicle (EV) fire scare that started from one of its vehicles. Public concerns over EV safety mounted in the country after aspontaneous fire [...]
GOYANG, Aug. 9 (Korea Bizwire) – On a muggy afternoon at the Haengju Ferry Terminal near the Han River, a specially trained dog named Alpha boarded a small boat, ready to demonstrate a groundbreaking technique in underwater search and rescue operations. Alpha, a scent evidence dog belonging to the Gyeonggi Northern Provincial Police Agency, is part [...]