SEOUL, Jan. 9 (Korea Bizwire) — The Supreme Court on Thursday finalized a 17-year prison term for Jeong Myeong-seok, the leader of a controversial religious organization, the Jesus Morning Star (JMS), on charges of raping and sexually molesting his female followers. Jeong, 80, was indicted with physical detention on charges of raping or sexually assaulting [...]
JEONJU, Jan. 9 (Korea Bizwire) — By 2090, climate change could enable the cultivation of subtropical crops such as tea trees for green tea and olive trees in regions as far north as Gangwon Province, according to projections released by the Rural Development Administration (RDA) on Wednesday. Expanding Cultivation Areas Currently, tea trees are grown [...]
SEOUL, Jan. 9 (Korea Bizwire) — A new survey reveals that one in three small business owners in Korea increased their borrowing in 2024, highlighting the ongoing financial challenges faced by the sector. According to a study released on January 8 by the Korea Federation of SMEs (KBIZ), 34.9% of small business owners who hold loans [...]
SEOUL, Jan. 9 (Korea Bizwire) — For the second year in a row, South Korea will participate in the annual North Atlantic Treaty Organization (NATO) Military Chiefs’ meeting, reflecting its growing engagement in global security discussions. According to military sources, Lieutenant General Son Jeong-hwan, head of Strategic Planning at South Korea’s Joint Chiefs of Staff (JCS), [...]
SEOUL, Jan. 8 (Korea Bizwire) — In a recent op-ed for The Hill, U.S. Congresswoman Young Kim (R-CA) argued that the political forces behind South Korean President Yoon Suk-yeol’s impeachment pose a threat to the U.S.-South Korea alliance and trilateral cooperation with Japan. Kim’s comments mark the first instance of U.S. lawmakers openly criticizing the impeachment [...]
MUAN, South Korea, Jan. 8 (Korea Bizwire) — In the wake of the tragic “Jeju Air Disaster,” Muan International Airport in South Korea became a hub of nationwide mourning and volunteerism. Over 10,000 volunteers from across the country have provided comfort to the victims’ families, transforming the airport into a place of solidarity and healing. A [...]
SEOUL, Jan. 8 (Korea Bizwire) — A South Korean court has halted the Korea Football Association’s (KFA) presidential election, initially scheduled for January 8, citing significant procedural irregularities. The Seoul Central District Court ruled on January 7 in favor of candidate Heo Jeong-moo, who had filed an injunction to stop the election, claiming the process lacked [...]
DAEJEON, Jan. 8 (Korea Bizwire) — A recent study has revealed that forest therapy significantly benefits the mental health of pregnant women and enhances their attachment to their unborn children. The Korea Forest Welfare Institute (KFWI), under the Korea Forest Service, announced on January 17 the results of its Healthy Birth, Happy Family initiative, launched [...]
SEOUL, Jan. 8 (Korea Bizwire) — South Korea will invest 86.2 billion won (US$59.3 million) this year for the development of technologies that will help tackle climate change, the science ministry said Wednesday. With the investment, the country will work to develop technologies that will help respond to global warming, along with those related to [...]
SEOUL, Jan. 8 (Korea Bizwire) — The Korea Chamber of Commerce and Industry (KCCI) unveiled its 2025 Retail Industry White Paper on January 7, identifying “S.N.A.K.E”—Survival, Next, AI, K-Culture, and Economical Consumption—as the year’s key consumer market trends. Survival in a Stagnant Market With global economic challenges and stagnating consumer markets, competition for limited spending [...]