SEOUL, May 21 (Korea Bizwire) – In the heart of Seoul, a rooftop garden has become an oasis for a thriving colony of bees, their gentle buzzing filling the air as they flit from flower to flower. But elsewhere in the city, and in urban centers around the globe, a worrying phenomenon is unfolding: honeybees are [...]
SEOUL, May 21 (Korea Bizwire) – As the South Korean public continues to grapple with high interest rates and soaring consumer prices, credit card loan balances reached an all-time high last month, reflecting the mounting financial strain on ordinary citizens. According to data released on May 20 by the Credit Finance Association, the combined credit card [...]
SEOUL, May 20 (Korea Bizwire) – The competition among South Korea’s major food delivery apps — Baedal Minjok, Coupang Eats and Yogiyo — to poach customers from one another is intensifying into a bruising battle. The clash among the three services erupted last year over discounts on delivery fees. After a brief lull, their rivalry reignited [...]
SEOUL, May 20 (Korea Bizwire) – With extending the retirement age emerging as a key issue in this year’s wage and collective bargaining negotiations at major South Korean companies, discussions on the matter are expected to take place at Hyundai Motor, a leader in the country’s automotive industry. On May 19, the Dong-A Ilbo reported that [...]
SEOUL, May 18 (Korea Bizwire) – This weekend, the banks of the Han River in Seoul will become an unusual stage for citizens to showcase their diverse talents, from sleep prowess to singing and dancing skills. On Saturday, May 18 at 2 p.m., the Seoul Metropolitan Government will host the “Han River Sleep Masters Competition” on [...]
SEOUL, May 18 (Korea Bizwire) – The Seoul Metropolitan Government announced on May 16 that it will provide an electronic newspaper service to 3,000 disabled individuals and their families, transitioning from the paper-based news previously distributed to over 1,000 facilities and organizations serving the disabled community. The Korea Disabled News, a specialized publication covering disability welfare [...]
SEOUL, May 17 (Korea Bizwire) – Throughout the summer, the sprawling Ttukseom Hangang Park in Seoul’s Gwangjin District will undergo a metamorphosis, transforming into a grand garden oasis for the city’s residents. The Seoul Metropolitan Government announced that the 2024 Seoul International Garden Show will take place from May 16 to October 8, under the theme [...]
SEOUL, May 17 (Korea Bizwire) – The sacred spaces of the Jongmyo Shrine, where Korea’s ancient kings paid tribute to their royal ancestors, have undergone renovations and will reopen to the public with new exhibitions beginning May 17. Hyangdaecheong Hall and Mangmyoru Pavilion, integral to the Jongmyo Jerye royal ancestral rites, have been refurbished, offering visitors [...]
SEOUL, May 17 (Korea Bizwire) – Two companies that supply semiconductors to China have entered Samsung Electronics’ list of five top revenue sources, underscoring the growing importance of the Chinese market for the South Korean tech giant. According to Samsung’s quarterly report disclosed on May 16, its five biggest revenue drivers in the first quarter were [...]
SEOUL, May 17 (Korea Bizwire) – LG Electronics is experiencing robust growth in its appliance subscription service, with projections indicating the company will reach the 1 trillion won sales mark for the first time this year in this burgeoning sector. In its first-quarter report released on May 16, LG Electronics announced that its appliance subscription business [...]