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Wildfires Devastate Key Apple-Producing Region in South Korea, Sparking Fears of ‘Golden Apple’ Price Surge

Wildfires Devastate Key Apple-Producing Region in South Korea, Sparking Fears of ‘Golden Apple’ Price Surge

CHEONGSONG•ANDONG, South Korea, April 17 (Korea Bizwire) — A series of large-scale wildfires that swept through South Korea’s northern Gyeongsangbuk-do Province earlier this year are threatening to severely reduce the country’s apple harvest, fueling concerns that soaring prices may again lead to so-called “golden apples” in the marketplace. The fires, which ravaged key apple-producing counties [...]

TV Home Shopping in Korea Faces Profit Pressure as Broadcasting Fees Consume 73% of Revenue

TV Home Shopping in Korea Faces Profit Pressure as Broadcasting Fees Consume 73% of Revenue

SEOUL, April 15, (Korea Bizwire) — South Korea’s TV home shopping industry continues to face mounting financial strain as broadcasting fees soared to consume more than 70 percent of television sales revenue in 2024, despite a modest rise in overall sales. According to a report released Monday by the Korea TV Home Shopping Association, the [...]

Franchise Owners Take Over 2.5 Years to Recoup Initial Investment, Survey Finds

Franchise Owners Take Over 2.5 Years to Recoup Initial Investment, Survey Finds

SEOUL, April 15, (Korea Bizwire) — A new industry survey has found that restaurant franchise owners in South Korea take an average of two years and seven months to recover their initial investment, while more than half continue to pay fees to headquarters long after opening. According to a report released Monday by the Korea [...]

Busan Tests Seawater Spraying to Combat Invasive Pests at Port

Busan Tests Seawater Spraying to Combat Invasive Pests at Port

BUSAN, South Korea, April 12 (Korea Bizwire) — South Korea is testing an unconventional, eco-friendly method to control invasive pests at one of its busiest ports. The Busan Port Authority (BPA) and the Animal and Plant Quarantine Agency jointly conducted a pilot seawater-spraying operation from April 9 to 10, targeting a container yard at the [...]

Scientists Develop Rapid Landslide Prediction Technology Following Wildfires and Heavy Rain

Scientists Develop Rapid Landslide Prediction Technology Following Wildfires and Heavy Rain

DAEJEON, South Korea, April 11 (Korea Bizwire) — South Korean researchers have developed a breakthrough technology capable of predicting landslide and debris flow risks within two and a half hours following extreme rainfall—offering critical lead time for evacuations, particularly in wildfire-damaged mountain regions. The Korea Institute of Geoscience and Mineral Resources (KIGAM) announced Thursday that [...]

Two-Thirds of Korean Parents See Children’s Success or Failure as Their Responsibility, Study Finds

Two-Thirds of Korean Parents See Children’s Success or Failure as Their Responsibility, Study Finds

SEOUL, April 10 (Korea Bizwire) — A majority of South Korean parents believe they bear responsibility for their adult children’s successes and failures, reflecting the enduring grip of familial duty in a society navigating intergenerational shifts in wealth, education, and independence. According to a 2024 study released Wednesday by the Korea Institute for Health and [...]

Seoul Looks to Eco-Friendly Solutions for Seasonal Insect Surges Amid Rising Complaints

Seoul Looks to Eco-Friendly Solutions for Seasonal Insect Surges Amid Rising Complaints

SEOUL, April 10 (Korea Bizwire) — As insect populations like the so-called “lovebugs” increasingly swarm urban areas during early summer, South Korean authorities and scientists are convening to explore environmentally friendly strategies to manage the phenomenon without disrupting the ecosystem. The National Institute of Biological Resources, in collaboration with the Seoul Metropolitan Government and Sahmyook [...]

Jeju Launches South Korea’s First Nationwide Project to Repurpose Used EV Batteries

Jeju Launches South Korea’s First Nationwide Project to Repurpose Used EV Batteries

JEJU, South Korea, April 9 (Korea Bizwire) — Jeju Special Self-Governing Province has become the first region in South Korea to commercialize products made from repurposed electric vehicle (EV) batteries, marking a significant step toward a circular energy economy. In partnership with the Ministry of Environment and Jeju Technopark (Jeju TP), the province officially launched a [...]

Malaria Advisory Issued for Troops Serving Near Inter-Korean Border

Malaria Advisory Issued for Troops Serving Near Inter-Korean Border

SEOUL, April 9 (Korea Bizwire) — The defense ministry issued a malaria advisory Wednesday for troops serving near the border with North Korea, citing new cases involving those who had been stationed in border areas. The joint advisory with the Korea Disease Control and Prevention Agency (KDCA) came after two discharged soldiers who served in [...]

South Gyeongsang Province Launches Project to Map Marine Waste for Smarter Cleanup Strategy

South Gyeongsang Province Launches Project to Map Marine Waste for Smarter Cleanup Strategy

CHANGWON, South Korea, April 9 (Korea Bizwire) — In a bid to tackle the growing problem of marine debris, South Gyeongsang Province announced on Tuesday its plan to develop a comprehensive “Marine Waste Distribution Map” aimed at improving waste management along the coastline. The provincial government has been relying on research conducted between 2019 and [...]