Highland growers in Gangwon face mounting losses as warming temperatures and extreme weather push summer cabbage to the brink GANGNEUNG, August 5 (Korea Bizwire) — Once known for its cool summer breezes and starlit skies, the alpine cabbage fields of Anbandegi in Gangwon Province—South Korea’s largest high-altitude farming zone—are now at the frontline of climate [...]
Experts call for targeted, integrated mental health strategies as older adults face higher suicide risk and lower access to care SEOUL,August 5 (Korea Bizwire) — More than 18,000 South Koreans aged 65 and older died by suicide over the past five years, averaging more than 10 deaths per day, according to new findings that highlight [...]
SEOUL, Aug. 5 (Korea Bizwire) — South Korea’s largest companies now employ more workers in their 50s than in their 20s, a demographic shift that underscores slowing youth hiring amid persistent economic headwinds. As of the end of 2024, employees in their 20s accounted for 19.8% of the workforce at 124 major companies tracked [...]
Experts call for stronger protections as digital surveillance expands beyond physical boundaries SEOUL, August 5 (Korea Bizwire) — As digital technologies reshape the nature of personal relationships, experts are warning that South Korea’s legal system is falling behind in protecting victims of online stalking—an increasingly pervasive form of tech-enabled coercive control. In a recent paper [...]
SEOUL, Aug. 4 (Korea Bizwire) – Lotte Chilsung Beverage Co. said Monday its second-quarter net profit rose nearly 32 percent from a year earlier, driven by improved exports of key products. Net profit came to 27.7 billion won (US$20 million) for the April-June period, up 31.6 percent from a year earlier, the company said in [...]
SEOUL, Aug. 4 (Korea Bizwire) — More than 6 in 10 South Koreans gave a positive assessment of the trade deal reached last week between Seoul and Washington, a poll showed Monday. According to the survey conducted by Realmeter on 1,016 adults aged over 18 on Friday, 63.9 percent said they viewed the deal positively, [...]
New climate projections highlight urgent need for emissions reduction under President Lee’s administration as global temperatures rise under Trump-era climate diplomacy gap SEOUL, August 4 (Korea Bizwire) — South Korea could face a dramatic surge in extreme heat events unless global carbon emissions are curbed, with so-called “compound extreme heat days” projected to increase up [...]
SEOUL, Aug. 1 (Korea Bizwire) — AhnLab, a leading South Korean cybersecurity firm, reported Wednesday that phishing scams disguised as digital wedding invitations were the most common form of SMS-based cyberattacks in the second quarter of 2025. According to AhnLab’s “Q2 2025 Phishing SMS Trend Report,” such scams accounted for 28.10% of all phishing messages, [...]
SEOUL, July 31 (Korea Bizwire) — South Korea’s top 92 conglomerates now operate more than 6,360 overseas affiliates across 131 countries, with the United States accounting for the largest share at over 26%, according to a new report from the Korea CXO Institute released on Thursday. The number of foreign subsidiaries grew by nearly 200 [...]
SEOUL, July 30 (Korea Bizwire) — South Korea’s credit card spending rose sharply in the second quarter of 2025, buoyed by recovering consumer sentiment and optimism over potential economic stimulus measures in the second half of the year. According to data released Wednesday by the Credit Finance Association, total card-approved transactions reached 313 trillion won [...]