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South Korea’s Low-Rate Baby Loan Program Attracts 5 Trillion Won in Applications

South Korea’s Low-Rate Baby Loan Program Attracts 5 Trillion Won in Applications

SEOUL, May 6 (Korea Bizwire) – A special loan program in South Korea offering rock-bottom interest rates for newlywed couples and new parents has drawn more than 5 trillion won in applications just three months since its launch, data showed on May 5. The “New Baby” loan program, introduced on January 29 by the Ministry [...]

South Korean Workers Give Poor Grades to President Yoon’s Labor Policies

South Korean Workers Give Poor Grades to President Yoon’s Labor Policies

SEOUL, May 6 (Korea Bizwire) – One in three South Korean workers rated the labor and employment policies of President Yoon Suk-yeol’s administration 20 points or below out of 100, according to a survey released on May 5 by a civic group. The group, Gabjil 119, said its poll of 1,000 workers found Yoon’s labor [...]

Breaking Barriers: Korean and French Dance Crews Unite in Electrifying Performance

Breaking Barriers: Korean and French Dance Crews Unite in Electrifying Performance

SEOUL, May 4 (Korea Bizwire) – In a captivating display of unity through dance, Korean and French breaking crews took to the stage in Paris, leaving the audience roaring with a series of dynamic moves and daring acrobatic feats. As the cheers from the stands intensified, the two crews – Korea’s 1Million and France’s Pockemon Crew [...]

Security Guard and Mercedes Owner Sue Automaker Over Alleged Sudden Acceleration

Security Guard and Mercedes Owner Sue Automaker Over Alleged Sudden Acceleration

SEOUL, May 3 (Korea Bizwire) – A security guard and the owner of a Mercedes-Benz vehicle he was moving have decided to file a damages lawsuit against the German automaker and its South Korean subsidiaries, claiming the car experienced sudden unintended acceleration that caused an accident. Lawyer Ha Jong-sun from the law firm Namu, representing the [...]

Decaffeinated Coffee Gains Popularity Among South Koreans Seeking Caffeine-Free Indulgence

Decaffeinated Coffee Gains Popularity Among South Koreans Seeking Caffeine-Free Indulgence

SEOUL, May 2 (Korea Bizwire) – For those sensitive to caffeine or seeking to enjoy coffee without its stimulant effects, Starbucks in South Korea offers a decaffeinated option – one out of every 11 Americanos sold is now a decaf version.  Starbucks announced on May 1 that the cumulative sales of decaffeinated coffee in South Korea [...]

Incheon Airport Welcomes Travelers with Vibrant Videos Showcasing Korean Culture

Incheon Airport Welcomes Travelers with Vibrant Videos Showcasing Korean Culture

SEOUL, May 2 (Korea Bizwire) – As travelers arrive at Incheon International Airport in South Korea, they are greeted by a captivating display of the nation’s traditional culture and scenic beauty through a series of videos. The National Palace Museum of Korea and the Cultural Heritage Administration announced on May 1 the premiere of four new [...]

S. Korea to Focus on Fostering Console Game Industry over Next 5 Yrs: Culture Ministry

S. Korea to Focus on Fostering Console Game Industry over Next 5 Yrs: Culture Ministry

SEOUL, May 1 (Korea Bizwire) — South Korea will focus on fostering its console game sector over the next five years as part of efforts revive the country’s game industry, the culture ministry said Wednesday. Under the five-year plan to promote the game industry, the Ministry of Culture, Sports and Tourism will work to expand [...]

Augmented Reality App Revives Memorial for Korean Laborers Demolished in Japan

Augmented Reality App Revives Memorial for Korean Laborers Demolished in Japan

TOKYO, May 1 (Korea Bizwire) – A memorial honoring Korean workers during Japan’s colonial occupation, which was dismantled by authorities in Gunma Prefecture in January, has been digitally resurrected through an augmented reality (AR) application, according to a report by the Asahi Shimbun on April 30. The “AR Korean Workers’ Memorial” app allows users to virtually [...]

South Korea’s Gyeonggi Province Offers Low-Interest Loans to Family-Friendly Businesses

South Korea’s Gyeonggi Province Offers Low-Interest Loans to Family-Friendly Businesses

UIJONGBU, May 1 (Korea Bizwire) – Gyeonggi Province, South Korea’s most populous province that surrounds the capital Seoul, has unveiled a new initiative aimed at promoting a work-life balance and addressing the country’s chronically low birth rate. The provincial government announced on April 30 that it will provide low-interest loans of up to 200 million won [...]