SEOUL, Mar. 15 (Korea Bizwire) – The South Korean government is gearing up to disclose a report by year-end that will reveal the financial benefits received by doctors from pharmaceutical companies, sparking a debate on whether to include identifiable information such as names in the report. According to a statement from the Ministry of Health and [...]
SEOUL, Mar. 15 (Korea Bizwire) – The Alibaba Group, parent company of the online shopping platform AliExpress, has announced its intention to set up an integrated logistics center in South Korea by the end of this year, sparking interest in the location and structure of the new facility. Logistics experts suggest that, given the lengthy process [...]
SEOUL, Mar. 14 (Korea Bizwire) – A recent study forecasts that artificial intelligence (AI) could potentially replace up to 13% of jobs in South Korea, totaling approximately 3.27 million positions, with a significant portion of these at risk within professional fields. The Korea Institute for Industrial Economics & Trade released a report on March 13 outlining [...]
SEOUL, Mar. 14 (Korea Bizwire) – The proliferation of AI-generated cover songs that mimic the voices of famous singers has sparked controversy and raised legal concerns, as these ‘AI covers’ spread across YouTube, potentially infringing upon the rights of the artists involved. Legal experts warn that such activities, especially when they generate sponsorship or advertising revenue, [...]
SEOUL, Mar. 13 (Korea Bizwire) – Amid the rapidly growing global robotics market, fueled by advancements in Artificial Intelligence (AI) and Information and Communication Technology (ICT), tech giants Samsung Electronics and LG Electronics are ramping up their investments and research and development efforts. The robotics sector, which integrates various fields such as AI, semiconductors, optics, telecommunications, [...]
SEOUL, Mar. 13 (Korea Bizwire) – Seoul’s effort to neuter stray cats has paid off, cutting the city’s stray cat numbers in half over the past eight years. City officials are optimistic that they will be able to halve the number of stray cats again in the near future. A recent survey conducted by the city [...]
SEOUL, Mar. 13 (Korea Bizwire) – A groundbreaking study has found that workers transitioning from regular to irregular employment are twice as likely to contemplate suicide compared to their counterparts who remain in regular employment. This significant discovery was made possible through the use of machine learning technology, traditionally employed in the business sector for analyzing [...]
SEOUL, Mar. 12 (Korea Bizwire) – As the conflict between Israel and Palestine persists, K-pop artists find themselves inadvertently embroiled in the fallout from a boycott movement targeting companies perceived as pro-Israel. Recently, online communities buzzed with criticism towards Le Sserafim’s Huh Yun-jin for her consumption of Starbucks coffee, considered a trigger for the backlash due [...]
SEOUL, Mar. 11 (Korea Bizwire) –The Board of Audit and Inspection of Korea has confirmed allegations of a so-called ‘private education cartel,’ involving active teachers providing mock test questions to private education companies in exchange for monetary compensation. The audit, conducted from September last year over a three-month period, scrutinized the involvement of educators in [...]
SEOUL, March 9 (Korea Bizwire) – A small amount of cesium, a type of radioactive material, was detected in a Japanese confectionery product slated for import to South Korea, prompting the importer to cancel its plans, the food safety agency here said Friday. During radiation inspections for imported products, 1 bequerel (Bq) per kilogram of [...]