SEOUL, Sept.16 (Korea Bizwire) – In a stark contrast that highlights the growing cultural divide between North and South Korea, the consumption of dog meat has emerged as a contentious issue on the Korean peninsula. While South Korea has recently moved to prohibit the practice, North Korea continues to promote it as a cherished culinary tradition. [...]
SEOUL, Sept.16 (Korea Bizwire) – As Hyundai Motor Company recently announced plans to mass-produce extended-range electric vehicles (EREVs), the battery industry is closely watching the potential impact of this emerging technology. While the market viability of EREVs remains to be fully proven, there’s growing optimism that the expansion of this sector could provide a much-needed boost [...]
SEOUL, Sept. 14 (Korea Bizwire) – A public controversy has erupted in South Korea over the use of Seoul World Cup Stadium, pitting soccer fans against K-pop enthusiasts in a debate that highlights the challenges of maintaining world-class sports facilities while accommodating the country’s booming entertainment industry. The dispute was sparked by complaints from the national [...]
SEOUL, Sept. 12 (Korea Bizwire) – Samsung Electronics’ ambitious push into advanced chip manufacturing in the United States has encountered a significant setback, with the company recalling a majority of its Korean employees from its Taylor, Texas foundry project. This move signals a pause in the semiconductor giant’s drive to challenge Taiwan’s TSMC in the cutting-edge [...]
SEOUL, Sept. 12 (Korea Bizwire) – In a bid to boost employee morale and bridge generational gaps, several South Korean companies are turning to an unlikely source: e-sports tournaments. These in-house gaming competitions are becoming increasingly popular as a means to promote teamwork and create a more relaxed corporate culture. Hyundai Wia, a leading automotive parts [...]
SEOUL, Sept. 12 (Korea Bizwire) – The proportion of one-person households in South Korea is projected to surpass 40 percent in 2052 amid a delay in marriages and rapid aging, the statistics agency said Thursday. The number of households consisting of one member is forecast to reach 9.62 million in 2052, taking up 41.3 percent [...]
SEOUL, Sept. 11 (Korea Bizwire) – A recent government study has unveiled significant economic disparities between men and women in South Korea, particularly when it comes to marriage and parenthood. The analysis, conducted by Statistics Korea, focused on the socioeconomic characteristics of adults aged 25 to 39, shedding light on how marital status and children affect [...]
SEOUL, Sept. 9 (Korea Bizwire) – With the European Union preparing to enforce stricter eco-friendly labeling guidelines starting next September, a recent survey has revealed that South Korean companies are significantly underprepared for the global crackdown on “greenwashing.” Greenwashing, a portmanteau of “green” and “whitewashing,” refers to the deceptive practice of marketing products or corporate activities [...]
SEOUL, Sept. 7 (Korea Bizwire) – In a recent episode of the popular South Korean variety show “You Quiz on the Block,” divorce attorney Choi Yu-na offered startling insights into the world of marital infidelity, drawing from her experience as both a legal professional and the writer of the drama series “Good Partner.” Choi, known for [...]
SEOUL, Sept. 7 (Korea Bizwire) – A recent investigation by the Seoul Metropolitan Government has revealed that only a small fraction of the five-star hotels in the city transparently display all-inclusive room rates on their website homepages, raising concerns about widespread deceptive marketing practices in the luxury hospitality sector. The study, conducted from June 10 to [...]