SEOUL, Aug. 8 (Korea Bizwire) — The “Gwangbokjeol Bread,” a collaboration between Korea Minting, Security Printing & Coinage Corporation (KOMSCO) and Seongshimdang Bakery, has been re-released after achieving impressive sales of 100 million KRW (approx. $75,000) within just two weeks of its initial launch. The two companies teamed up to mark the 80th anniversary of Korea’s [...]
JEONJU, Aug. 8 (Korea Bizwire) — Goat meat is emerging as a popular summer health food in South Korea, with demand surging during the traditional “boknal” season—hot summer days when Koreans consume energy-boosting dishes to combat fatigue, the Rural Development Administration (RDA) said Thursday. According to statistics from the Animal and Plant Quarantine Agency, approximately [...]
SEOUL, Aug. 8 (Korea Bizwire) — A growing number of young South Korean professionals say they are willing to change jobs solely for a salary increase, underscoring rising dissatisfaction with pay across age groups. According to a new survey released Thursday by job portal JobKorea, 43.1% of workers in their 20s said they would switch [...]
SEOUL, Aug. 7 (Korea Bizwire) — A government-issued consumer relief program aimed at boosting local spending is sparking a lively debate in South Korea—not over its effectiveness, but over who should control the funds when recipients are underage. The controversy centers on “Livelihood Recovery Coupons” distributed to minors, which are legally collected by the head [...]
MEXICO CITY, Aug. 7 (Korea Bizwire) — The Korean Association of Mexico has launched a petition calling on South Korea’s National Assembly to support the establishment of a consular branch office in Monterrey, the northern Mexican city that now hosts the country’s largest population of Korean nationals. Monterrey, located in the border state of Nuevo [...]
SEOUL, Aug. 7 (Korea Bizwire) — A recent Billboard survey reveals that while a significant share of U.S.-based K-pop fans are spending heavily on albums and merchandise, far fewer are attending live concerts—a disconnect shaped largely by geography and cost. According to the report titled “K-POP Fandom in the U.S.”, 41% of American K-pop fans spend [...]
SEOUL, August 7 (Korea Bizwire) – South Korea is set to release 30 red foxes into the Sobaeksan Mountains this year, part of a long-running restoration effort to bring back a species once common across the Korean Peninsula but driven to the brink of extinction by human intervention in the 1970s. The Korea National Park [...]
SEJONG, August 6 (Korea Bizwire) — South Korea’s elderly workforce continues to grow, with the number of economically active people aged 55 to 79 surpassing 10 million for the first time, fueled by longer life expectancies, rising living costs, and inadequate pension income, according to new government data released Tuesday. The report, published by Statistics [...]
SEOUL, Aug. 6 (Korea Bizwire) – Another round of heavy rains is expected to drench the nation this week, with downpours of more than 120 millimeters expected in some parts of the country, the weather agency said Wednesday. Northeastern areas of Gyeonggi Province and northern parts of Gangwon Province saw more than 80 mm of [...]
SEOUL, Aug. 6 (Korea Bizwire) — As environmental, social and governance (ESG) principles become more embedded in Korean business and society, a growing number of young consumers—particularly Generation Z—are aligning their purchasing behavior with personal values and ethical considerations. According to a recent survey released by the Korea Chamber of Commerce and Industry (KCCI) on [...]