SEOUL, May 13 (Korea Bizwire) – On the first floor of Lotte World Mall last month, queues snaked up to the third floor as crowds of students and foreign visitors flocked to a pop-up store event featuring the K-pop group Tomorrow X Together. At a Kiwoom Heroes baseball team pop-up that ran until May 5 at [...]
CHEONGJU, May 10 (Korea Bizwire) – At the smoking hazard laboratory in Osong, a city in North Chungcheong Province, researchers have been meticulously analyzing the liquid contents of commercially available e-cigarettes using advanced equipment, according to officials who gave a tour to reporters on May 8. The intensive analysis stems from concerns that e-cigarette liquids may [...]
SEOUL, May 10 (Korea Bizwire) — The combined loss by insurers from selling medical indemnity insurance products widened from a year earlier in 2023 despite an increase in sales, data showed Friday. The combined loss of seven life insurers and 10 non-life insurers from their medical indemnity insurance, or reimbursement-backed private medical insurance, came to [...]
SEOUL, May 10 (Korea Bizwire) – The National Institute of Biological Resources, an affiliate of South Korea’s Ministry of Environment, has announced the potential use of a fungus to reduce the recent mass outbreaks of stick insects in the greater Seoul metropolitan area, with findings showing that over 90% of the insects were killed by an [...]
SEOUL, May 9 (Korea Bizwire) – The Tesla Model 3 surpassed the Mercedes-Benz E300 4Matic and BMW 520 to become the best-selling imported vehicle in South Korea last month, according to data from the Korea Automobile Importers and Distributors Association (KAIDA). Tesla’s Model 3 Highland topped the registration charts as the single most popular imported model [...]
SEOUL, May 8 (Korea Bizwire) – Samsung Electronics has introduced Korea’s largest Micro LED display, a 114-inch colossus that doubles down on its pursuit of the ultra-premium TV segment by expanding its Micro LED lineup to meet consumer demand for supersized screens. The 114-inch model joins Samsung’s existing 89-inch and 101-inch Micro LED offerings, providing consumers [...]
SEOUL, May 8 (Korea Bizwire) – Kia Motors unveiled the first teaser images and video for its highly anticipated EV3 on May 7, a compact electric SUV that aims to spearhead the mass adoption of electric vehicles and expand the company’s EV lineup. The EV3 is Kia’s third dedicated electric model following the EV6, the brand’s [...]
SEOUL, May 7 (Korea Bizwire) – The relentless surge of Chinese e-commerce platforms like AliExpress, Temu, and Shein into the South Korean market, posing threats to domestic platforms, small businesses, and small manufacturers, appears to be losing momentum due to consumer dissatisfaction with shipping and returns, as well as repeated discoveries of hazardous substances including carcinogens [...]
SEOUL, May 6 (Korea Bizwire) –Fans of the K-pop superstars BTS are inundating social media with outrage over an ongoing government investigation into allegations of illegal music streaming manipulation involving the group. On May 5, the hashtag “SOUTH KOREA APOLOGIZE TO BTS” trended in the K-pop category on X, the platform formerly known as Twitter, [...]
SEOUL, May 6 (Korea Bizwire) –Overcharging, disputes over taxes and difficulties with returns or exchanges were among the leading grievances from foreign visitors to South Korea last year, according to a report released on May 5 about tourist complaints. The Korea Tourism Organization’s “2023 Tourist Complaint Analysis” showed a 213 percent spike in reported inconveniences [...]