SEOUL, June 20 (Korea Bizwire) — Seoul’s subway system has faced a deluge of temperature-related complaints in recent months, with over 283,000 grievances filed from January through May, according to Seoul Metro. The figure accounts for 75.5% of all customer service issues reported during the five-month period. As temperatures rose in May, so did commuter frustration, [...]
SEOUL, June 19 (Korea Bizwire) — In a milestone for South Korea’s luxury financial market, Hyundai Card has become the first local issuer to launch the American Express Centurion Card—widely known as the “original black card”—marking the domestic debut of a product long reserved for the global ultra-elite. The card, issued exclusively by invitation and [...]
SEOUL, June 18 (Korea Bizwire) — South Korea is experiencing a widening deficit in high-skilled labor as more top-tier professionals, particularly in fields like artificial intelligence, continue to leave the country, prompting renewed calls for structural reforms to retain and attract global talent. In a report released Tuesday, the Korea Chamber of Commerce and Industry’s [...]
SEOUL, June 18 (Korea Bizwire) – In South Korea, older and more conservative citizens are increasingly turning to YouTube as their primary source of news, while younger and progressive users appear to be migrating away from the platform, according to the Digital News Report 2025 published by the Korea Press Foundation in partnership with the [...]
SEOUL, June 18 (Korea Bizwire) — Foreign visitors to South Korea ranked punctuality as the most satisfying aspect of the country’s railway services, according to a new customer satisfaction survey released by national rail operator KORAIL. The survey, conducted on May 18–19, polled 301 foreign tourists at major transportation hubs including Seoul Station, Busan Station, [...]
SEOUL, June 17 (Korea Bizwire) — For the first time in South Korean history, eco-friendly vehicles—including electric, hybrid, and plug-in hybrid models—surpassed internal combustion engine (ICE) vehicles in domestic monthly sales, signaling a significant market shift as electric vehicle (EV) concerns begin to ease. According to data released Tuesday by the Ministry of Trade, Industry [...]
SEOUL, June 16 (Korea Bizwire) — Global investors are showing renewed confidence in South Korea’s stock market, with over ₩1 trillion (US$770 million) pouring into the iShares MSCI Korea ETF (ticker: EWY) this month alone—the highest monthly inflow in 18 months. The U.S.-listed exchange-traded fund, which offers global investors passive exposure to Korea’s leading equities, has [...]
SEOUL, June 15 (Korea Bizwire) — As summer temperatures begin to climb, South Korea’s major retailers are seeing a sharp uptick in sales of sliced and mini watermelons, reflecting a growing consumer preference for convenience and smaller servings—especially among the nation’s increasing number of one- and two-person households. Traditionally seen as a “the bigger, the [...]
SEOUL, June 13 (Korea Bizwire) — A new public opinion survey shows that a strong majority of South Koreans have confidence in President Lee Jae-myung’s ability to lead the nation, with 70 percent of respondents saying they expect him to perform well during his five-year term. The poll, conducted by Gallup Korea from June 10 to [...]
SEOUL, June 13 (Korea Bizwire) — Roughly eight out of ten South Koreans believe public hospitals are essential, particularly in times of medical crisis such as the COVID-19 pandemic and recent government-doctor disputes. Yet despite broad public recognition of their importance, actual usage of public hospitals remains relatively low, according to a new government-funded study. [...]