SEOUL, Nov. 21 (Korea Bizwire) – Lotte Department Store announced the launch of its European-style Christmas Market, running from November 20 to January 5 at the Lotte World Mall’s Lawn Plaza in Jamsil, Seoul. This year’s market, themed “Wonderful Showtime,” represents the largest iteration to date, featuring collaboration with luxury brand Chanel and integration with an [...]
SEOUL, Nov. 21 (Korea Bizwire) – As global economic uncertainties persist, South Korea’s largest conglomerates are intensifying efforts to secure cash reserves, even divesting profitable core businesses and world-leading operations to strengthen their financial positions and fund future investments. According to industry sources on November 20, major business groups are actively selling profitable subsidiaries and flagship [...]
SEOUL, Nov. 21 (Korea Bizwire) – A new survey has revealed a significant transformation in South Korean teachers’ workplace experiences and perceptions over the past 20 years, with student misconduct and parental complaints now ranking as their primary source of stress, replacing administrative overload as the top concern from two decades ago. The Korean Education Policy [...]
SEOUL, Nov. 21 (Korea Bizwire) – In a significant shift for South Korea’s healthcare system, 42 of the nation’s 47 tertiary hospitals have agreed to participate in a government initiative aimed at restructuring their services to focus on severe illnesses and emergency care. The program represents a key component of the government’s healthcare reform agenda, which [...]
SEOUL, Nov. 21 (Korea Bizwire) – LG Electronics announced it will debut its private 5G network technology at the Korea Radiocommunication Show (KRS), a three-day event beginning November 20 at COEX in Seoul’s Gangnam district. Private 5G is a customized network solution designed for specific spaces such as smart factories and logistics centers. The technology utilizes [...]
CHANGWON, Nov. 21 (Korea Bizwire) – A group of individuals has been charged with orchestrating an elaborate scheme that placed Kenyan marathon runners in illegal employment at seafood farms along South Korea’s southern coast, the Changwon Coast Guard announced on November 19. According to authorities, a 29-year-old marathon runner affiliated with a local sports association has [...]
DAEJEON, Nov. 21 (Korea Bizwire) – The ambitious plan to bring a Starbucks Reserve Roastery to a historic former government building in Daejeon has been scrapped, Mayor Lee Jang-woo announced during a city briefing on November 19. “We are discontinuing our pursuit of the Starbucks Reserve Roastery and will instead focus on restoring the former Daejeon [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korean regulators have blocked nearly 2,000 product listings from Chinese e-commerce platforms AliExpress and Temu since May, citing safety violations that threaten consumer well-being. This move underscores the growing challenges posed by cross-border e-commerce amid its meteoric rise in the country. A Surge in Unsafe Products From May to [...]
SEOUL, Nov. 20 (Korea Bizwire) – A recent study by Chung-Ang University Hospital reveals that intermittent fasting is significantly more effective than continuous calorie-restricted diets in reducing fatty liver caused by metabolic abnormalities. This condition, closely linked to obesity, high cholesterol, and diabetes, can progress to serious complications such as hepatitis, liver cancer, and cardiovascular-related deaths [...]
SEOUL, Nov. 20 (Korea Bizwire) – A growing concern over foreign street racers performing dangerous stunts on South Korean roads at night has emerged, with the group brazenly posting videos of their activities and taunting law enforcement on social media. The issue first gained public attention through recent posts on Bobaedream, an online automotive community, detailing [...]