SEOUL, June 7 (Korea Bizwire) — In an industry where spontaneity can often come at the expense of safety and consent, Kwon Bo-ram is trying to rewrite the rules—literally. As South Korea’s first certified intimacy coordinator, she is advocating for the recognition of her profession in local film and television production. “In action scenes, violating the [...]
SEOUL, June 7 (Korea Bizwire) — South Korea’s entertainment stocks are rallying on renewed hopes of a diplomatic thaw with China, as investors bet on policy tailwinds under President Lee Jae-myung’s new administration. According to data released by the Korea Exchange, shares of the nation’s four major entertainment companies have surged an average of 56.7% [...]
SEOUL, June 6 (Korea Bizwire) — As President Lee Jae-myung signals a return to the historic Blue House as his presidential office, public interest in visiting the iconic former seat of government is surging. Weekend tour reservations have filled up entirely, reflecting heightened attention to the compound that could soon resume its role as the heart [...]
SEOUL, June 6 (Korea Bizwire) — South Korean brokerage stocks are soaring on renewed optimism over the new administration’s stock market revitalization agenda, fueling a dramatic uptick in leveraged retail investing. But analysts warn that selective, fundamentals-based investment is now essential as market differentiation is expected to intensify. According to data compiled by Yonhap Infomax, credit-based [...]
SEOUL, June 6 (Korea Bizwire) — In an ambitious push to curb waste and promote circular economy practices, the South Korean government has joined forces with local governments and private companies to recycle discarded election banners into construction materials, car interiors, and eco-conscious consumer products. The Ministry of the Interior and Safety announced on Thursday [...]
SEOUL, June 6 (Korea Bizwire) — In a bid to strengthen its defenses against rising cyber threats, the Seoul Metropolitan Government has announced its first-ever ordinance dedicated to cybersecurity, marking a significant step beyond previous administrative regulations. On Thursday, the city officially unveiled a draft of the Seoul Cybersecurity Ordinance, elevating its current cybersecurity protocols [...]
SEOUL, June 6 (Korea Bizwire) – Global tech giants Apple and Google are facing intensifying legal and political challenges to their longstanding in-app payment fee policies, prompting a growing number of South Korean game and IT companies to join class action efforts in the United States. According to Wither People, a Seoul-based law firm representing the [...]
SEOUL, June 5 (Korea Bizwire) — South Koreans spent a staggering ₩82.9 trillion (approximately $61 billion) on fashion products over the past year, with casual wear topping the list and consumers in their 50s emerging as the most active spenders, according to a nationwide survey released Wednesday. The Korea Federation of Textile Industries reported that [...]
SEOUL, June 5 (Korea Bizwire) — A joint team of researchers from KAIST and Seoul National University has developed a groundbreaking liquid metal ink capable of shifting between rigid and flexible states depending on temperature, paving the way for next-generation wearable devices and medical implants. The team, led by Professor Jung Jae-woong of KAIST’s Department [...]
SEOUL, June 5 (Korea Bizwire) — In a major move to strengthen animal welfare protections, South Korea has expanded its mandate requiring closed-circuit television (CCTV) installation to all pet-related businesses, including pet shops and animal exhibition facilities. The Ministry of Agriculture, Food and Rural Affairs announced Wednesday that a revised enforcement ordinance of the Animal [...]