SEOUL, Aug. 13 (Korea Bizwire) – In a groundbreaking move, the virtual idol group PLAVE has been appointed as the first-ever “Startup Seoul Ambassador,” the Seoul Metropolitan Government announced on Tuesday. The appointment ceremony, held at Seoul City Hall, marks a strategic effort to enhance the global visibility of Seoul’s startup ecosystem. PLAVE, a five-member [...]
SEOUL, Aug. 13 (Korea Bizwire) — As artificial intelligence (AI) continues to expand across industries, a new report from the Korea Institute for Industrial Economics and Trade (KIET) forecasts a mixed impact on employment. While jobs in fields like humanities and social research, law, and office work are expected to increase, roles in construction, mining, [...]
BUSAN, Aug.13 (Korea Bizwire) — A team of South Korean researchers has successfully decoded the full genome of the extinct sea lion species, known as Kangchi, which once inhabited Dokdo Island. The breakthrough, the first of its kind in the world, provides scientific evidence that the species’ extinction was primarily caused by overhunting during the [...]
DAEJEON, Aug. 13 (Korea Bizwire) — A team of South Korean researchers has unveiled a groundbreaking smart contact lens capable of performing retinal diagnostics, a significant step in the evolution of eye health technology. The collaborative effort, led by Professor Yoo Seung-hyeop of KAIST, Professor Woo Se-jun from Seoul National University Bundang Hospital, Professor Han [...]
SEOUL, Aug. 13 (Korea Bizwire) – South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has announced a new rebate program offering consumers a 10% refund on energy-efficient household appliances purchased after July 4, 2025. The initiative, known as the “Top Efficiency Household Appliance Rebate Program,” aims to encourage the purchase of energy-saving products and [...]
SEOUL, Aug. 12 (Korea Bizwire) — LG CNS Co., an information technology affiliate of South Korea’s LG Electronics Inc., said Tuesday it has signed an agreement to build an artificial intelligence (AI) data center in Vietnam. A memorandum of understanding (MOU) was signed with Vietnam Posts and Telecommunications Group (VNPT) and Korea Investment Real Asset [...]
SEOUL, Aug. 12 (Korea Bizwire) — Police said Tuesday they have launched an investigation into K-pop star G-Dragon and Yang Hyun-suk, the founder and chief producer of major agency YG Entertainment, over alleged violation of copyright law. Seoul’s Mapo Police Station began the probe after receiving a complaint in November from a composer who claimed [...]
SEOUL, Aug. 12 (Korea Bizwire) — Two British naval vessels have docked in South Korea as part of a regional tour aimed at enhancing security cooperation in the Indo-Pacific, the British Embassy in Seoul said Tuesday. The frigate HMS Richmond arrived at a port in the southern city of Busan earlier in the day, while [...]
SEOUL, Aug. 12 (Korea Bizwire) — Top business leaders of South Korea and Vietnam on Tuesday highlighted the need to form a strategic economic partnership between their countries while vowing to continue enhancing their bilateral cooperation in various sectors. “Today, the business environment faced by both countries at home and abroad remains challenging,” Chey Tae-won, [...]
SEOUL, Aug. 12 (Korea Bizwire) — In a heartwarming display of community spirit, individuals across South Korea are using their consumer recovery coupons not for personal benefit, but to support others in need. This initiative, aimed at reviving local economies amid the ongoing challenges, has inspired numerous acts of kindness, from donating to frontline workers [...]