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Archive by category Editor Picks

Jeju’s Reusable Container Program Surges Past 2,000 Orders, Expands Islandwide Push Against Plastic

JEJU, Oct. 1 (Korea Bizwire) — Jeju Province’s pilot program encouraging food delivery in reusable containers has surpassed 2,000 orders in less than two months, signaling strong public support for the island’s ambitious campaign to curb single-use plastics. Launched on Aug. 13 in Jeju City’s Yeon-dong and Nohyeong-dong districts, the “Yonggi-inneun Jumun” (“Courageous Order”) service allows [...]

Survey Finds Fewer Than Half of South Koreans Now See Unification as Necessary

SEOUL, Oct. 1 (Korea Bizwire) — Fewer than half of South Koreans believe unification with the North is necessary, though support has edged higher compared with a year ago, a new survey shows. The 2025 Unification Awareness Survey, conducted by Seoul National University’s Institute for Peace and Unification Studies and Gallup Korea, found that 41.1 [...]

Koreans Push for EU-Style Punitive Damages as Trust in Corporate Data Security Erodes

SEOUL, Oct. 1 (Korea Bizwire) — In the wake of a string of high-profile data leaks, an overwhelming majority of South Koreans say they view such incidents as a serious threat and support adopting punitive damages similar to those in Europe and other advanced economies, a new poll shows. According to a Realmeter survey of 500 [...]

From Spas to Herbal Clinics, K-Culture Wave Turns Korean Daily Life Into Tourist Hotspots

SEOUL, Sept. 25 (Korea Bizwire) — When a young Taiwanese tourist emerged from the steaming heat of a jjimjilbang in Seoul last week, she laughed and admitted the traditional Korean sauna had been “hot but fun.” She said she came with her mother after watching the hit Netflix animation K-Pop Demon Hunters, curious to experience [...]

Seoul Unveils Data-Driven Strategy to Address Middle-Aged Employment Gaps

SEOUL, Sept. 25 (Korea Bizwire) — South Korea’s widening gap between retirement and pension eligibility is fueling structural imbalances in middle-aged employment, with Seoul turning to data-driven policymaking to address the challenge. According to a new survey of 10,000 job seekers and 450 companies released by the Seoul Metropolitan Government and the Seoul 50 Plus [...]

Seoul Stresses Currency Swap as “Necessary Condition,” but Not Enough in U.S. Trade Talks

SEOUL, Sept. 25 (Korea Bizwire) — A top South Korean presidential aide said Wednesday that a potential currency swap with the United States is an essential safeguard in ongoing trade talks, but not sufficient on its own to resolve the thorny negotiations. Kim Yong-beom, presidential chief of staff for policy, told reporters in New York [...]

Visa Dispute Not a Precondition for Korean Investment, But Seoul Seeks Early Fix: FM Cho

SEOUL, Sept. 17 (Korea Bizwire) —South Korea’s foreign minister on Friday sought to draw a fine line between the country’s massive investment commitments in the United States and the fallout from a U.S. immigration raid that detained hundreds of Korean workers, saying the visa dispute is not a formal condition for the projects but will [...]

Korea’s E-Commerce Enters Three-Way Battle as Shinsegae–Alibaba JV Wins Approval

SEOUL, Sept. 19 (Korea Bizwire) — South Korea’s antitrust regulator on Thursday conditionally approved a joint venture between Shinsegae Group’s Gmarket and Alibaba’s AliExpress Korea, clearing the way for a new challenger to disrupt a market long dominated by Coupang and Naver. The tie-up, structured as a 50:50 joint company under Grand Opus Holding, will [...]

Fed Rate Cut Seen as Double-Edged Signal for South Korean Stocks

SEOUL, Sept. 18 (Korea Bizwire) — The U.S. Federal Reserve’s decision to lower its benchmark interest rate for the first time under President Donald Trump is fueling cautious optimism in Seoul’s financial markets, with analysts predicting improved liquidity and renewed foreign inflows — but also warning of lingering risks tied to trade negotiations. On Wednesday [...]

“Like Criminals”: South Korean Workers Recount Harrowing Detention in the U.S.

SEOUL, Sept. 13 (Korea Bizwire) — When Ji, a 41-year-old technician from South Korea, finally walked into the arrivals hall at Incheon International Airport this week, he was carrying more than a suitcase. He carried a story of humiliation. “The food was like garbage. We couldn’t eat it,” Ji said, recalling the seven days he [...]