SEOUL, Dec. 7 (Korea Bizwire) – With over six million diabetes patients in South Korea, new research reveals a troubling connection between severe gum disease (periodontal disease) and an elevated risk of developing diabetes, particularly among younger individuals. A study led by Professor Shin Myung-hee of Sungkyunkwan University’s School of Medicine analyzed data from nearly 30,000 [...]
SEOUL, Dec. 6 (Korea Bizwire) – South Korea’s tourism and retail industries are on edge following the recent declaration and lifting of martial law, as travel warnings from major countries raise concerns about a potential decline in foreign visitors. While the Korea Tourism Organization reported no significant cancellations as of December 5, signs of apprehension [...]
SEOUL, Dec. 6 (Korea Bizwire) – South Korea is witnessing a steady shift toward transparent corporate governance as more conglomerates adopt holding company structures. However, concerns are mounting over indirect investments via overseas subsidiaries, potentially enabling unfair internal transactions and abuse of authority. According to the Fair-Trade Commission (FTC), 43 of the country’s 88 conglomerates [...]
SEOUL, Dec. 6 (Korea Bizwire) – Major gaming companies worldwide are intensifying their competition to secure valuable intellectual property through aggressive mergers, acquisitions, and investments, with Asian technology giants leading the charge. Tencent, China’s largest gaming and technology company, has recently acquired domestic game developer Kuro Games, the studio behind Wuthering Waves, adding to its growing portfolio [...]
SEOUL, Dec. 6 (Korea Bizwire) – With global markets increasingly focusing on South Korean webtoons, Japan’s traditional manga is experiencing a surprising surge in popularity within South Korea itself, marked by a wave of high-profile exhibitions and unprecedented author visits throughout the year. The manga renaissance has been particularly evident in Seoul’s bustling exhibition scene. The year [...]
SEOUL, Dec. 5 (Korea Bizwire) — Amid South Korea’s declining birthrate, corporations are stepping up with innovative and generous measures to support employees who choose to have children. From cash incentives to tailored family support policies, the private sector is playing a growing role in addressing the country’s demographic challenges. Buoyed by a groundbreaking policy [...]
SEOUL, Dec. 5 (Korea Bizwire) – CJ OnStyle, a major South Korean online retailer, has identified “newmiliar” as the defining consumer trend of 2024, describing a preference for products that combine familiarity with innovative twists. The term “newmiliar,” a portmanteau of “new” and “familiar,” emerged from the company’s analysis of sales data across its most popular [...]
SEOUL, Dec. 4 (Korea Bizwire) — Video streaming service YouTube has been the most used mobile app in South Korea for an entire year, industry data showed Wednesday. The Google-owned mobile platform recorded 46.35 million monthly active users in November, maintaining its lead for 12 straight months in the country, according to the data from [...]
SEOUL, Dec. 3 (Korea Bizwire) – In a shift away from luxury brand obsession, South Korea’s younger generation is increasingly adopting a “YONO” (You Only Need One) approach to fashion consumption, prioritizing practicality and versatility over conspicuous consumption. The trend, particularly popular among millennials and Gen Z consumers born between the early 1980s and early 2000s, [...]
SEOUL, Dec. 3 (Korea Bizwire) –Half of the citizens from eight countries regard the unification of South and North Korea as necessary, and North Korea giving up its nuclear weapons is cited as the top prerequisite for unification, a poll showed Tuesday. A total of 50 percent of respondents said the two Koreas should [...]