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Streaming Platforms Invest Heavily in Exclusive Sports Broadcasting Rights as Next Big Content Strategy

Streaming Platforms Invest Heavily in Exclusive Sports Broadcasting Rights as Next Big Content Strategy

SEOUL, Mar. 2 (Korea Bizwire) – The online streaming service industry is setting its sights on sports as the next major content draw, pouring significant investments into securing exclusive broadcasting rights. According to a recent report published by MezzoMedia, a digital marketing subsidiary of CJ ENM, this strategic shift aims to alleviate the financial pressures [...]

South Korea Ends Decades-Old Ban on Early Fetal Sex Disclosure, Reflecting Shift in Gender Norms

South Korea Ends Decades-Old Ban on Early Fetal Sex Disclosure, Reflecting Shift in Gender Norms

SEOUL, Feb. 29 (Korea Bizwire) – After 37 years, South Korea’s prohibition against the early disclosure of fetal sex, a measure initially implemented to combat gender-biased abortions fueled by a preference for sons, has been rescinded by the Constitutional Court. The court, on a pivotal day, declared the section of the medical law that barred medical [...]

ChatGPT Sparks Shift in Online Information Seeking, But Trust Issues Remain Among Users in South Korea

ChatGPT Sparks Shift in Online Information Seeking, But Trust Issues Remain Among Users in South Korea

SEOUL, Feb. 28 (Korea Bizwire) – The advent of ChatGPT is anticipated to transform how we search for information online, yet a recent survey reveals that South Korean users still harbor doubts about the platform’s reliability. Specifically, only 40% of respondents believe the search results provided by ChatGPT are reliable. According to the ’2024 Search Trends [...]

Hotline on Teachers’ Rights Infringement to Open Next Month

Hotline on Teachers’ Rights Infringement to Open Next Month

SEOUL, Feb. 27 (Korea Bizwire) — A hotline will open next month, allowing teachers to report cases of infringement upon their teaching rights, the education ministry said Tuesday. The plan was announced after the apparent suicide of a young public school teacher distressed by malicious parental complaints last year led to a series of mass [...]

K-Pop Power: How Global Brands are Tapping into the Korean Wave

K-Pop Power: How Global Brands are Tapping into the Korean Wave

  SEOUL, Feb. 26 (Korea Bizwire) – As K-pop continues to capture hearts worldwide, the food and beverage industry is keenly leveraging this global phenomenon by collaborating with K-pop artists to target international markets. Coca-Cola is setting a prime example by launching a special edition product named ‘Coca-Cola Zero K-Wave’ in 36 countries, drawing inspiration from [...]

Panda Craze Sweeps Nation as Fubao Bids Farewell to South Korea

Panda Craze Sweeps Nation as Fubao Bids Farewell to South Korea

SEOUL/YONGIN, Feb. 24 (Korea Bizwire) –As South Korea prepares to bid farewell to Fu Bao, the beloved giant panda mascot of Everland, a surprising trend has emerged among the country’s young adults. Convenience store owners find themselves overwhelmed by the demand for “FuTong cards,” a playful abbreviation for the “Fu Bao Transportation Card.” Despite continuous [...]

Caught in the Crosshairs: South Korea’s Water Deer Struggle for Survival Amid Modern Threats

Caught in the Crosshairs: South Korea’s Water Deer Struggle for Survival Amid Modern Threats

SEOUL, Feb. 24 (Korea Bizwire) –In a concerning development for wildlife conservation, the water deer (Hydropotes inermis argyropus) in South Korea are embroiled in a struggle for survival. Classified as a vulnerable species by the International Union for Conservation of Nature (IUCN), the water deer shares its precarious status with renowned fauna such as lions, [...]

South Korea’s Bold Greenbelt Deregulation: New Horizons, or a Path to Environmental Peril?

South Korea’s Bold Greenbelt Deregulation: New Horizons, or a Path to Environmental Peril?

SEOUL, Feb. 23 (Korea Bizwire) – Starting as early as May, significant portions of greenbelt areas designated for strategic local projects are set to be deregulated. This unprecedented move will allow for unlimited greenbelt releases, and even high-conservation-value lands will see eased restrictions to attract investments. While the government justifies this initiative as a boost for [...]

Study Links Higher Resting Heart Rate to Increased Diabetes Risk

Study Links Higher Resting Heart Rate to Increased Diabetes Risk

SEOUL, Feb. 22 (Korea Bizwire) – A recent study has revealed that a higher resting heart rate is associated with an increased risk of developing diabetes, a chronic condition. The Korea Disease Control and Prevention Agency reported that the National Institute of Health used data from 8,313 participants aged 40 and above, who took part in [...]

Controversy Surrounds Electric Vehicle Subsidies Amid Allegations of Favoritism Towards Domestic Brands

Controversy Surrounds Electric Vehicle Subsidies Amid Allegations of Favoritism Towards Domestic Brands

SEOUL, Feb. 21 (Korea Bizwire) – Electric vehicle (EV) subsidies in South Korea are facing scrutiny as disparities in subsidy amounts, particularly between Tesla’s Model Y RWD and Hyundai’s Ioniq 6, spark debates on potential favoritism towards domestic car manufacturers. The Ministry of Environment, responsible for the subsidy program, has revamped the subsidy structure to favor [...]