SEOUL, July 25 (Korea Bizwire) — Roughly 40% of South Korea’s major online shopping platforms rely on proprietary algorithms to rank product reviews without disclosing the criteria behind those rankings, raising concerns about consumer trust and transparency, according to a new report by the Seoul Metropolitan Government. In a survey released Friday by the Seoul [...]
SEOUL, July 24 (Korea Bizwire) – Restaurants remained the most common workplace for South Korean teenagers working part-time jobs last year, but new data suggests significant changes in youth employment patterns over the past decade. According to a study released Tuesday by the National Youth Policy Institute, 39.3% of middle and high school students who worked [...]
SEOUL, July 24 (Korea Bizwire) — South Korea’s National Assembly on Wednesday passed the country’s first dedicated law to support and promote community enterprises, small-scale businesses operated by local residents to tackle regional challenges such as population decline and job shortages. The new legislation—the Community Enterprise Promotion and Support Act—was spearheaded by the Ministry of [...]
SEOUL, July 21 (Korea Bizwire) — One year after South Korea implemented a program allowing pregnant women in crisis to give birth under pseudonyms, 109 women have utilized the service, and 171 others have opted to raise their children following state-supported counseling, according to the Ministry of Health and Welfare. The program, known as the [...]
SEOUL, July 21 (Korea Bizwire) — With South Korea’s pet-owning population now exceeding 15 million, demand is surging for home appliances designed with companion animals in mind — a fast-growing category known as “pet care appliances.” According to industry sources, the number of users accessing the Pet Care features of Samsung Electronics’ SmartThings platform increased [...]
SEOUL, July 21 (Korea Bizwire) — As South Korea prepares to roll out its nationwide consumer coupon initiative aimed at reviving domestic spending, some foreign residents, including permanent residents and marriage immigrants, are set to benefit from the program for the first time. Beginning July 21, eligible residents can apply for the consumer coupons, which offer [...]
SEOUL, July 16 (Korea Bizwire) — One in nine South Korean civil servants recently participated in the long-criticized custom of subordinates treating senior officials to meals, underscoring the persistence of outdated hierarchical practices within the public sector despite reform efforts. A joint survey released Friday by the Ministry of the Interior and Safety and the [...]
SEOUL, July 16 (Korea Bizwire) — As temperatures in South Korea soar past 36 degrees Celsius, air-conditioned cinemas are becoming urban sanctuaries — and 4D screenings are emerging as a favorite form of escape. Blockbuster releases like F1: The Movie and Jurassic World: New Beginning are drawing crowds eager for immersive experiences that offer more [...]
DAEJEON, July 15 (Korea Bizwire) — In response to the alarming decline in bee populations due to the climate crisis, residents near Lake Daecheong have joined forces with the Korea Water Resources Corporation and the Energy Transition Haeyou Cooperative to launch a community-driven ecological initiative known as the “Daecheongho Buzzing Bee Restaurant.” The project involves [...]
SEOUL, July 15 (Korea Bizwire) — Apartment sales in Seoul have surged to a record-high share of the housing market in 2024, as concerns over rental fraud and weakening demand for non-apartment housing deepen a long-standing shift toward high-rise units. According to data released July 14 by South Korea’s Ministry of Land, Infrastructure and Transport, [...]