SEOUL, April 16 (Korea Bizwire) — Cadillac has officially unveiled its revamped flagship SUV, The New Escalade, in South Korea, signaling a major push to expand its luxury footprint in the competitive domestic market. At a media launch event held April 16 at the Ibex Studio in Gwangmyeong, Gyeonggi Province, the General Motors (GM) luxury brand [...]
SEOUL, April 16 (Korea Bizwire) — Roughly seven in ten South Koreans aged 25 to 44 believe women should work to help support their families, reflecting a growing societal shift toward shared economic responsibility and evolving gender roles, according to a new study released Wednesday. The report, titled “Greater Flexibility in Life Course Outlooks and the [...]
SEOUL, April 15 (Korea Bizwire) — After more than a decade of planning, South Korea’s first public art museum devoted exclusively to photography is set to open in Seoul’s Dobong District on May 29. The Seoul Museum of Photography, a new branch of the Seoul Museum of Art (SeMA), spans 7,048 square meters across two underground [...]
SEOUL, April 15, (Korea Bizwire) — South Korea’s TV home shopping industry continues to face mounting financial strain as broadcasting fees soared to consume more than 70 percent of television sales revenue in 2024, despite a modest rise in overall sales. According to a report released Monday by the Korea TV Home Shopping Association, the [...]
SEOUL, April 15, (Korea Bizwire) — In an effort to protect consumers from online shopping mishaps, the Seoul Metropolitan Government has introduced a new self-assessment service designed to help residents identify and prevent potential e-commerce risks before making purchases. The interactive service, launched through the city’s E-Commerce Center, draws on an extensive database of 7,000 [...]
SEOUL, April 14 (Korea Bizwire) — A growing number of young South Koreans are choosing to forgo marriage due to financial strain and evolving personal values, according to a government-backed survey released Monday. The 2nd National Population Behavior Survey, conducted in October 2024 by the Korea Population, Health and Welfare Association, revealed that 41.5% of unmarried [...]
SEOUL, April 14 (Korea Bizwire) — From bedtime stories to discipline dilemmas, South Korean parents are increasingly turning to ChatGPT to help raise their children—ushering in what many see as the beginning of an AI-assisted parenting era. The phenomenon, dubbed “ChatGPT parenting,” has taken off across online communities, where parents share how the generative AI tool not [...]
SEOUL, April 12 (Korea Bizwire) — As South Korea’s petrochemical sector grapples with a historic downturn, the government is expected to unveil new support measures in the coming months, following the completion of a strategic industry consulting project commissioned to address deep structural challenges. The Korea Petrochemical Industry Association recently submitted a final report to [...]
SEOUL, April 12 (Korea Bizwire) — A quarter of drama viewers switch channels or stop watching when ads air at the end of a program, while variety show viewers are more likely to stay tuned, according to a recent study highlighting the growing complexity of TV advertising effectiveness in South Korea. The report, released on [...]
BUSAN, South Korea, April 12 (Korea Bizwire) — South Korea is testing an unconventional, eco-friendly method to control invasive pests at one of its busiest ports. The Busan Port Authority (BPA) and the Animal and Plant Quarantine Agency jointly conducted a pilot seawater-spraying operation from April 9 to 10, targeting a container yard at the [...]