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Samsung, LG Face Off With Chinese Rivals at Europe’s Biggest Tech Fair

Samsung, LG Face Off With Chinese Rivals at Europe’s Biggest Tech Fair

SEOUL, Sept. 4 (Korea Bizwire) –The world’s leading electronics makers are converging on Berlin this week for IFA 2025, Europe’s largest consumer technology fair, where artificial intelligence and energy efficiency are expected to dominate the conversation as competition intensifies in the premium appliance market. The five-day event, which begins September 5 under the theme “Imagine [...]

Controversial ‘Yoon Seok-yeol Train’ Cartoon Returns to Bucheon Festival After Three-Year Absence

Controversial ‘Yoon Seok-yeol Train’ Cartoon Returns to Bucheon Festival After Three-Year Absence

  BUCHEON, South Korea, Sept. 3 (Korea Bizwire) — A satirical cartoon that once ignited a political storm in South Korea is set to reappear at the Bucheon International Comics Festival this month, three years after its initial exhibition was cut short under government pressure. The work, known as Yoon Seok-yeol Train, won first prize [...]

Jeju Expands Carbon-Free Agriculture With Launch of RE100 Milk

Jeju Expands Carbon-Free Agriculture With Launch of RE100 Milk

JEJU, South Korea, Sept. 3 (Korea Bizwire) — Jeju Island, already home to the nation’s first carbon-free “RE100 eggs,” has introduced another sustainability milestone: milk produced entirely with renewable energy. On Wednesday, Jeju Milk, an agricultural company based on the island, officially launched South Korea’s first RE100-certified milk, marking a significant step toward carbon neutrality in livestock [...]

BYD’s First Passenger Car in Korea Scores Low in Safety Test

BYD’s First Passenger Car in Korea Scores Low in Safety Test

SEOUL, Sept. 3 (Korea Bizwire) — BYD’s debut passenger model in South Korea, the Atto 3, has received a disappointing safety rating in the nation’s official crash and safety assessments, dealing a setback to the Chinese automaker as it seeks to expand in one of the world’s most competitive car markets. The Korea Transportation Safety Authority [...]

In Drought-Stricken Gangneung, Residents Turn to Rituals and Online “Rain Charms”

In Drought-Stricken Gangneung, Residents Turn to Rituals and Online “Rain Charms”

SEOUL, Sept. 3 (Korea Bizwire) –  With reservoirs at record lows and water rationing already in effect, Gangneung residents are grasping for relief from the city’s worst drought in decades. While local officials have staged traditional rain rituals, many Koreans are embracing a modern version — turning to social media with humor, superstition and collective [...]

Leaked Pension Report Warns Elderly Poverty Could Exceed 40% Without Reform

Leaked Pension Report Warns Elderly Poverty Could Exceed 40% Without Reform

SEOUL, Sept. 3 (Korea Bizwire)  — A government-funded study, quietly withheld during South Korea’s contentious pension reform debate, has surfaced with stark warnings that elderly poverty could worsen dramatically under the current system, raising questions over transparency and policy priorities. The report, produced last December by researchers at the National Pension Research Institute, projected that if the [...]

Study Warns Poverty and Low Education Delay Key Life Milestones for Young Koreans

Study Warns Poverty and Low Education Delay Key Life Milestones for Young Koreans

SEOUL, Sept. 3 (Korea Bizwire) — Poverty and low educational attainment are significantly delaying young South Koreans’ transition into adulthood — from employment to leaving home to marriage — while also deepening psychological distress, according to a government-funded study released Tuesday. The Korea Institute for Health and Social Affairs analyzed data from more than 1,200 [...]

U.S. Ends Tax-Free Threshold for Small Parcels, Raising Costs for Korean Exports

U.S. Ends Tax-Free Threshold for Small Parcels, Raising Costs for Korean Exports

SEOUL, Sept. 3 (Korea Bizwire) — Korean e-commerce platforms are bracing for shifting consumer behavior after the United States scrapped its longstanding tax exemption on small imports, a move that effectively raises prices for American shoppers buying Korean products. Since Aug. 29, parcels valued under $800 — previously exempt from import duties — have been [...]

Gunsan Invites Farmers to Join Program Supporting Winter Migratory Birds

Gunsan Invites Farmers to Join Program Supporting Winter Migratory Birds

GUNSAN, Sept. 3 (Korea Bizwire) — The city of Gunsan in North Jeolla Province said Monday it will begin accepting applications from local farmers to join its 2025 Ecosystem Service Payment Program, designed to secure food and habitat for migratory birds that flock to the Geum River and Mangyeong River estuaries each winter. Under the [...]