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In South Korea’s Beauty Market, Economic Pressures Create a Tale of Two Consumers

In South Korea’s Beauty Market, Economic Pressures Create a Tale of Two Consumers

SEOUL, Nov. 26 (Korea Bizwire) – “All cosmetic samples for just 10,000 won.” Such listings have become increasingly common on Danggeun Market, South Korea’s popular secondhand trading platform, reflecting a growing divide in the nation’s beauty market amid persistent inflation. While some consumers hunt for bargain cosmetics and sample-size products, others flock to luxury brands like [...]

South Korea to Launch Mobile Resident Registration Cards in December

South Korea to Launch Mobile Resident Registration Cards in December

SEOUL, Nov. 26 (Korea Bizwire) – South Korea will introduce mobile resident registration cards next month, marking a significant step toward digitizing the nation’s identification system, the Ministry of the Interior and Safety announced Tuesday. The new system, enabled by a revised Resident Registration Act set to take effect on December 27, allows citizens aged [...]

Surge in Overseas Leaks of South Korea’s Core Technologies Raises Alarms

Surge in Overseas Leaks of South Korea’s Core Technologies Raises Alarms

SEOUL, Nov. 26 (Korea Bizwire) – South Korea has seen a dramatic rise in cases of overseas leaks involving its critical technologies, with 10 such incidents uncovered this year—five times more than in 2023, according to the National Investigation Headquarters (NIH) of the Korean National Police Agency (KNPA) on Monday. Between January and October, the NIH detected [...]

Hanwha Aerospace Bags 473 Bln-won Deal to Supply Parts for KF-21 Fighter Jet

Hanwha Aerospace Bags 473 Bln-won Deal to Supply Parts for KF-21 Fighter Jet

SEOUL, Nov. 26 (Korea Bizwire) — Hanwha Aerospace Co. said Tuesday it has won a 473 billion-won (US$336.6 million) contract from Korea Aerospace Industries Ltd. to supply components for South Korea’s next-generation KF-21 fighter jets. Under the deal, Hanwha Aerospace will supply key components, including the auxiliary power unit, as well as propulsion, landing, drive [...]

ADOR’s Former CEO Files Criminal Complaint against Hybe’s PR Executives

ADOR’s Former CEO Files Criminal Complaint against Hybe’s PR Executives

SEOUL, Nov. 26 (Korea Bizwire) — Min Hee-jin, the former CEO of K-pop label ADOR, has filed a criminal complaint against its parent company’s public relations executives, alleging misconduct related to their duties in promoting the label’s girl group NewJeans, Min’s representatives said Tuesday. Min filed the complaint with Seoul’s Yongsan Police Station on Monday, [...]

N. Korea Cuts Power Lines Supplying Electricity to Shuttered Kaesong Complex

N. Korea Cuts Power Lines Supplying Electricity to Shuttered Kaesong Complex

SEOUL, Nov. 26 (Korea Bizwire) — North Korea has cut power lines installed by South Korea to supply electricity to a now-shuttered joint industrial park in the North Korean border city of Kaesong, South Korea’s military said, the latest in Pyongyang’s move to sever inter-Korean ties. The military has detected North Korean soldiers removing part [...]

South Korean Garment Maker Unveils Ambitious Welfare Project at Ethiopian Factory

South Korean Garment Maker Unveils Ambitious Welfare Project at Ethiopian Factory

SEOUL, Nov. 26 (Korea Bizwire) – A leading South Korean garment manufacturer, ShinTS, has inaugurated a large-scale recreational park for its workers at its Ethiopian manufacturing facility, marking a significant expansion of its employee welfare initiatives in Africa. The opening ceremony for the park and daycare center, held on November 22 at the company’s facility in [...]

South Korea Moves to Tighten Regulations on E-Cigarette Devices Amid Youth Smoking Concerns

South Korea Moves to Tighten Regulations on E-Cigarette Devices Amid Youth Smoking Concerns

SEOUL, Nov. 26 (Korea Bizwire) – South Korean lawmakers are pushing for legislation that would require warning labels and images on electronic cigarette devices, addressing a regulatory blind spot in the nation’s tobacco control measures. The bill, recently introduced by Representative Jeon Jin-sook of the Democratic Party, aims to expand current regulations that mandate health warnings [...]

Debate Over Single-Sex Colleges in South Korea Sparks Gender Tensions

Debate Over Single-Sex Colleges in South Korea Sparks Gender Tensions

SEOUL, Nov. 25 (Korea Bizwire) — Dongduk Women’s University has decided to halt discussions on transitioning to a coeducational institution following weeks of student protests, temporarily ending a sit-in occupation. However, the controversy has reignited broader societal debates about gender conflicts in South Korea.  Anonymous online forums such as “Blind,” popular among professionals, have seen [...]