SEOUL, Sept. 16 (Korea Bizwire) — Nongshim Co., South Korea’s leading instant noodle maker, said Tuesday it will release a second batch of its popular Shin Ramyun product featuring characters from the global hit animated movie “KPop Demon Hunters” this week. The limited special product, part of a collaboration launched last month, comes in packs [...]
SEOUL, Sept. 16 (Korea Bizwire) — A growing number of South Koreans in their 40s and 50s are turning to individual Treasury bonds as a preferred tool for retirement planning, according to new data from Mirae Asset Securities, the sole distributor of the instruments. Figures show that 39.3 percent of investors in such bonds over [...]
SEOUL, Sept. 16 (Korea Bizwire) — Nearly one in six foreign graduates who stayed in South Korea after studying have faced workplace difficulties, including conflicts with Korean colleagues or wage disputes, according to a government-funded study released Sunday. The Korea Immigration Service Institute found that 16.4 percent of foreign residents who previously studied in Korea [...]
SEOUL, Sept. 16 (Korea Bizwire) — A string of attempted child abductions in recent weeks has triggered a surge in demand for self-defense products among South Korean parents, with online marketplaces reporting sharp increases in sales. According to e-commerce platform 11st, purchases of key personal safety items between September 2 and 11 jumped 2.5 times compared [...]
SEOUL, Sept. 15 (Korea Bizwire) — When Netflix’s animated film K-Pop Demon Hunters premiered earlier this year, few predicted that a fictional boy band would ignite a cultural wave stretching from Seoul to New York. Yet the Saja Boys — a group of grim-reaper–inspired idols who appear in the film — have quickly leapt from [...]
SEOUL, Sept. 15 (Korea Bizwire) — Some of the fashion labels that once defined the wardrobes of South Korea’s Y2K generation are staging a comeback, blending heritage with contemporary appeal to reach both nostalgic older shoppers and trend-conscious younger consumers. Reebok has reintroduced its classic “Club C 85” sneakers in a limited-edition model marking the [...]
SEOUL, Sept. 15 (Korea Bizwire) — Naver’s livestreaming platform Chzzk has permanently suspended the channel of a 12-year-old elementary school “Vtuber,” citing a violation of its rule barring anyone under 14 from joining. The decision has reignited debate over child safety and regulation in the fast-growing world of virtual broadcasting. The girl, born in 2013, [...]
SEONGNAM, Sept. 15 (Korea Bizwire) — Naver Webtoon has launched a new short-form animation service, “Cuts,” marking its first foray into building a platform for entirely new content rather than simply expanding its vast library of webtoon intellectual property. Speaking at Naver’s Green Factory headquarters in Seongnam, south of Seoul, Kim Hyo-jung, the company’s chief [...]
SEOUL, Sept. 13 (Korea Bizwire) — When a popular YouTube commentator recently began selling a “990 won salt bread,” it was more than a marketing stunt. It was a pointed jab at what Koreans have come to call “breadflation,” a steep rise in bread prices that many believe has made the staple disproportionately expensive at home compared [...]
SEOUL, Sept. 12 (Korea Bizwire) — A South Korean court has canceled the government’s plan to build a new airport on the ecologically sensitive Saemangeum tidal flats, a ruling hailed by environmental groups as a rare legal victory for conservation. The Seoul Administrative Court on Thursday sided with a coalition of 1,308 citizen plaintiffs who [...]