SEOUL, July 27 (Korea Bizwire) — South Korea’s foreign resident population has reached a historic peak, surpassing 2.73 million as of the end of June, according to new data released by the Ministry of Justice on Sunday. The number of foreign nationals staying in the country for education, work, tourism, or other purposes stood at [...]
SEOUL, July 26 (Korea Bizwire) — As YouTube continues to dominate the global internet landscape—with over 20 trillion videos uploaded and 20 million more added daily—its influence in South Korea has become particularly pronounced. More than half of South Koreans (51%) now consume news via YouTube, significantly outpacing the global average of 31%, according to the [...]
INCHEON, South Korea, July 26 (Korea Bizwire) — Hip-hop superstar Kanye West returned to the Korean stage on Saturday night, igniting a euphoric crowd of more than 26,000 fans at Incheon Munhak Stadium in his first full concert in the country in over a decade. Braving sweltering summer heat that lingered near 30°C even [...]
SEOUL, July 26 (Korea Bizwire) – As South Korea grapples with an intensifying pattern of extreme heat and heavy rainfall, sun parasols and rain boots are emerging as must-have items—transcending gender norms and seasonal fashion boundaries. Once seen as a distinctly feminine accessory, parasols are now gaining popularity among men, driven by practical concerns over [...]
SEOUL, July 25 (Korea Bizwire) — Roughly 40% of South Korea’s major online shopping platforms rely on proprietary algorithms to rank product reviews without disclosing the criteria behind those rankings, raising concerns about consumer trust and transparency, according to a new report by the Seoul Metropolitan Government. In a survey released Friday by the Seoul [...]
SEOUL, July 25 (Korea Bizwire) — Thousands of medical students who have boycotted classes over the government’s medical school admissions plan will be allowed to return to the classroom in the fall semester, the education ministry said Friday. Medical students have been boycotting classes for more than a year in protest of the administration of [...]
INJE, July 25 (Korea Bizwire) — Inje County in Gangwon Province announced Wednesday the launch of the 8th annual Misiryeong Healing Road 44-Second Film Festival, aimed at showcasing the scenic beauty and tourism appeal of National Route 44 through short videos. The “Misiryeong Healing Road” is a picturesque 120-kilometer drive connecting Hongcheon, Inje, and Goseong [...]
SEOUL, July 25 (Korea Bizwire) — As discussions intensify around the adoption of Korean won-based stablecoins, credit card companies in South Korea are scrambling to respond, concerned about potential disruption to their traditional role in the payments ecosystem. According to financial industry sources on Thursday, the Credit Finance Association and eight major credit card companies [...]
SEOUL, July 25 (Korea Bizwire) — The brutal murder of a man by his father using a homemade firearm in Incheon’s Songdo district has reignited alarm in South Korea over the growing availability of online content teaching how to make illegal weapons. The incident has amplified calls for tighter regulation of do-it-yourself (DIY) gun and [...]
CHUNCHEON, South Korea, July 24 (Korea Bizwire) – Chuncheon City has sparked online buzz by parodying a viral moment from a recent Coldplay concert in the United States, using it to promote an upcoming local event. On July 23, the city uploaded a short video to its official YouTube and Instagram channels titled “Food Tech [...]