SEOUL, Nov. 12 (Korea Bizwire) – Controversy has erupted after Eric, a member of K-pop group The Boyz, mistakenly shared photos of condoms packaged to look like Pepero snacks on social media, prompting an apology from the condom manufacturer Bareun Saenggak. The incident occurred on November 11 when Eric posted a handwritten letter to fans for [...]
SEOUL, Nov. 12 (Korea Bizwire) – BMW Group Korea announced plans to expand its regional distribution center (RDC) in Anseong, investing an additional 65 billion won over the next three years to increase the facility’s size by approximately 50%. The announcement came during a press briefing held on November 11 at the Anseong parts center for [...]
SEOUL, Nov. 12 (Korea Bizwire) – LG Electronics announced on November 11 the launch of its latest mobility innovation, the Digital Cockpit Gamma, a new concept that reimagines the driving experience through advanced automotive technology. This marks the third iteration in the company’s forward-looking cockpit series, following the Alpha and Beta versions released last year. The [...]
SEOUL, Nov. 11 (Korea Bizwire) – South Korean domestic beer is poised to reclaim its position as the best-selling alcoholic beverage at major retailers this year, overtaking wine as consumers adapt to persistent inflation, according to recent market data. An analysis by Emart, one of South Korea’s largest retailers, shows that through November 6, domestic beer [...]
SEOUL, Nov. 11 (Korea Bizwire) – As temperatures drop in Seoul, a long-simmering conflict over the care of stray cats is heating up again, pitting animal welfare advocates against local residents concerned about nuisance and ecological impact. “We must prevent these babies from freezing to death,” said a resident of Seoul’s Gwanak district, who has been [...]
SEOUL, Nov. 11 (Korea Bizwire) – South Korea directed 43% of its overseas investments to the United States last year, marking the highest proportion since 1988, as bilateral trade relations reached new heights. The surge comes amid record trade surpluses with the U.S., where intermediate goods like raw materials and components account for half of South [...]
SEOUL, Nov. 11 (Korea Bizwire) – In a bid to attract pop culture enthusiasts, South Korea’s leading department stores are hosting exclusive pop-up stores featuring iconic entertainment franchises. Lotte Department Store is showcasing “Dragon Ball,” while Shinsegae Department Store features “Arcane Season 2,” the animated series based on the popular game “League of Legends.” Lotte Department [...]
SEOUL, Nov. 11 (Korea Bizwire) – In South Korea’s fiercely competitive coffee market, where a “coffee war” is in full swing, Coffee Bean leads major franchises with the highest prices, charging 5,000 won for an Americano. For context, the true price ceiling in South Korea’s coffee scene belongs to Bacha Coffee’s Cheongdam flagship store, recently opened [...]
SEOUL, Nov. 11 (Korea Bizwire) – Diabetes, once primarily associated with older adults, is increasingly affecting younger South Koreans, with an estimated 308,000 people in their 20s and 30s living with the condition, according to new data. The Korean Diabetes Association, ahead of World Diabetes Day on November 14, released its “Diabetes Fact Sheet 2024″ revealing [...]
SEOUL, Nov. 11 (Korea Bizwire) – The Ministry of Land, Infrastructure and Transport has launched a comprehensive investigation into corporate vehicle registrations this year, following reports of companies attempting to circumvent new regulations requiring green license plates on corporate vehicles worth over 80 million won. The distinctive green plates, introduced early this year, are reportedly being [...]