SEOUL, May 29 (Korea Bizwire) — General Motors’ South Korean unit has announced plans to sell off domestic service centers and production facilities, fueling renewed speculation that the Detroit-based automaker may be preparing to wind down its presence in the country. On Thursday, GM Korea informed employees of its decision to divest nine company-owned service [...]
SEOUL, May 29 (Korea Bizwire) – K-pop boy group Seventeen placed third on Billboard’s 2025 midyear Top Tours chart, earning $120.9 million from ticket sales. According to Billboard’s midyear boxscore report released on Wednesday (U.S. time), Seventeen sold 842,000 tickets across 30 shows on its latest “Right Here” world tour legs. The report covers the [...]
SEOUL, May 29 (Korea Bizwire) — SM Entertainment will expand its strategic partnership with Tencent Music Entertainment Group, following the Chinese streaming giant’s move to become SM’s second-largest shareholder. SM announced Thursday it signed a memorandum of understanding with Tencent Music to broaden cooperation beyond music distribution. The partnership will include the co-production of new [...]
SEOUL, May 29 (Korea Bizwire) — J-Hope of K-pop supergroup BTS will release a new digital single next month, his agency said Thursday. The song titled “Killin’ It Girl (feat. GloRilla)” will drop June 13 at 1 p.m., according to BigHit Music. The agency described it as a hip-hop song that candidly captures the thrill [...]
SEOUL, May 29 (Korea Bizwire) — One year after the launch of Samsung Electronics’ all-in-one washer-dryer — hailed as a “dream appliance” — consumer usage data suggests the product is redefining laundry habits, particularly for working households. According to a recent survey of over 200 purchasers of the 2024 Bespoke AI Combo and similar models, [...]
SEOUL, May 29, 2005 (Korea Bizwire) — Amid persistent economic challenges and a robust public transportation network, an increasing number of young South Koreans are putting off getting their driver’s licenses — or skipping the process altogether. According to data released by the National Police Agency, the number of newly issued licenses to teenagers and [...]
SEOUL, May 29, 2025 (Korea Bizwire) — With forecasts pointing to another record-breaking heatwave this summer, South Korea’s construction industry is ramping up health and safety measures to protect outdoor workers from heat-related illnesses. Major construction firms have begun implementing advanced heat-response protocols ahead of new amendments to the Industrial Safety and Health Act, set [...]
SEOUL, May 29 (Korea Bizwire) — The average cost of a wedding in South Korea has reached ₩21.01 million (approximately $15,400), with costs in Seoul’s affluent Gangnam district soaring to nearly three times that of the most affordable regions, according to a newly released nationwide survey by the Korea Consumer Agency. The agency’s first comprehensive [...]
SEOUL, May 29 (Korea Bizwire) — In a landmark ruling, South Korea’s Patent Court has confirmed that foreign companies selling patent-infringing products through overseas e-commerce platforms can be held accountable under Korean patent law — if their sales target domestic consumers. The ruling, handed down by the 21st Civil Division of the Patent Court, sided [...]
MANILA, May 29 (Korea Bizwire) — Korean dramas are not just winning hearts in the Philippines — they’re reshaping drinking habits, too. Fueled by scenes of characters sharing drinks over grilled pork belly or mixing soju and beer, a growing number of Filipinos in their 20s and 30s are embracing Korea’s iconic green-bottle liquor. At [...]