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S. Korea, China, Japan in Talks to Hold Trilateral Summit around May 26-27: Report

S. Korea, China, Japan in Talks to Hold Trilateral Summit around May 26-27: Report

SEOUL, Apr. 10 (Korea Bizwire) — South Korea is in talks with China and Japan to hold a long-stalled trilateral summit of their leaders around May 26-27, a news report said Wednesday. The three countries have entered into final consultations about holding the three-way summit in South Korea late next month, according to the Japanese [...]

K-Pop Superstars SEVENTEEN Join Fans in Green Project, Planting ‘Forest No. 2′

K-Pop Superstars SEVENTEEN Join Fans in Green Project, Planting ‘Forest No. 2′

SEOUL, Apr. 10 (Korea Bizwire) – In a heartwarming display of environmental stewardship, the globally renowned K-pop group SEVENTEEN and their dedicated fans have joined forces with the music platform Melon to create a second forest under the platform’s eco-friendly initiative, further amplifying their positive influence. According to an announcement made on April 9 by Kakao [...]

South Koreans Spent 960,000 Won Per Person on Health Care in 2021, Survey Finds

South Koreans Spent 960,000 Won Per Person on Health Care in 2021, Survey Finds

SEOUL, Apr. 9 (Korea Bizwire) – In 2021, South Koreans bore an average of 960,000 won in annual out-of-pocket healthcare expenses, a significant figure that highlights the personal financial impact of accessing medical services. This data was unveiled in the “2021 Korea Health Panel Basic Analysis Report (II)” jointly released by the National Health Insurance Service [...]

Naver’s Metaverse Subsidiary Returns to Office, Heralding Shift From Remote Work

Naver’s Metaverse Subsidiary Returns to Office, Heralding Shift From Remote Work

SEOUL, Apr. 9 (Korea Bizwire) – A subsidiary of the South Korean tech giant Naver that operates the metaverse platform Zepeto, known as Naver Z, has announced that it will be ending remote work and instituting a four-day in-office work week starting on April 15.  The metaverse, a 3D virtual world, initially gained traction during the [...]

S. Korea’s 2nd Spy Satellite Makes Contact with Local Ground Station

S. Korea’s 2nd Spy Satellite Makes Contact with Local Ground Station

SEOUL, Apr. 9 (Korea Bizwire) – South Korea’s second military reconnaissance satellite launched into space this week has made contact with a ground station in the country and is undergoing initial operations normally, the defense ministry said Tuesday. The satellite successfully entered orbit after being launched on a SpaceX Falcon 9 rocket from Florida at [...]

Seoul Unveils Whimsical New Sidewalk Trash Bin Design

Seoul Unveils Whimsical New Sidewalk Trash Bin Design

SEOUL, Apr. 8 (Korea Bizwire) – The Seoul Metropolitan Government has developed a new design for sidewalk trash bins and installed 30 units at 15 locations across the city center, including near City Hall, Dongdaemun Design Plaza and Marronnier Park, officials announced on April 8. The “Seoul-style” street bin project is part of the city’s [...]

S. Korean Regulator Launches Inspection into China’s Temu over Alleged Unfair Biz Practices

S. Korean Regulator Launches Inspection into China’s Temu over Alleged Unfair Biz Practices

SEOUL, Apr. 8 (Korea Bizwire) — South Korea’s antitrust regulator has launched an inspection into China’s Temu shopping app on suspicions of the retail platform’s false advertising and other unfair business practices, officials said Monday. The Fair Trade Commission (FTC) recently sent documents to Temu for a probe to see if it violates South Korea’s [...]

S. Korea Bolsters Space Surveillance amid Rising N. Korean Threats

S. Korea Bolsters Space Surveillance amid Rising N. Korean Threats

SEOUL, Apr. 8 (Korea Bizwire) — South Korea placed its second military spy satellite in space Monday to beef up its space-based surveillance of North Korea and deter its nuclear and missile threats amid Pyongyang’s own push to launch more satellites. SpaceX’s Falcon 9 rocket launched the reconnaissance satellite from the John F. Kennedy Space [...]