SEOUL, Nov. 6 (Korea Bizwire) – “Whether it’s carrying ammunition or cooking meals, I’ll help however I can if war breaks out,” said Kim Jong-su, 68, explaining why he volunteered for basic military training. “We need this fundamental training to be useful when that time comes.” At the Cheong-an Reserve Forces Training Ground of the Army’s [...]
SEOUL, Nov. 6 (Korea Bizwire) – A Vietnamese tourist’s social media posts showing her performing yoga poses in form-fitting attire at a historic Seoul palace has ignited controversy in Vietnam over appropriate behavior at cultural heritage sites. According to VN Express on November 5, a Hanoi resident identified only as “H” photographed herself executing advanced yoga [...]
SEOUL, Nov. 6 (Korea Bizwire) – The front-line deployment of North Korean troops in support of Russia’s war effort in Ukraine would pose significant risks that extend beyond the battlefield to impact the security environment on the Korean Peninsula, also marking a significant development since Russia’s full-scale invasion of Ukraine in 2022, analysts said. Concerns [...]
SEOUL, Nov. 6 (Korea Bizwire) – The Seoul Metropolitan Government announced on November 5 that it will become the first city in South Korea to designate “scooter-free zones” on streets with high accident risks, marking a significant shift in urban mobility management. The city will also begin immediate towing of illegally parked e-scooters, with municipal officials, [...]
SEOUL, Nov. 6 (Korea Bizwire) – The Washington Post reported on November 3 that sodium-ion batteries are gaining attention as a potential challenger to lithium-ion batteries, which have dominated the rechargeable battery market for decades, offering a cheaper and more environmentally friendly alternative. Also known as sodium batteries, these devices operate on principles similar to lithium-ion [...]
ROME, Nov. 6 (Korea Bizwire) – Leading Italian daily newspaper La Repubblica has turned its spotlight on the growing phenomenon of Korean cosmetics, highlighting the global surge in K-beauty’s popularity in a recent article titled “The New Era of Korean Cosmetics.” In its November 2 report, the newspaper cited data from global market research firm Statista [...]
SEOUL, Nov. 6 (Korea Bizwire) – A Seoul Metropolitan Government initiative providing companion plants to socially isolated young adults has led to decreased depression levels and improved self-efficacy among participants, according to city officials on November 5. The program, which marks a crucial first step in encouraging social participation among isolated youth, has shown tangible benefits [...]
ULSAN, Nov. 6 (Korea Bizwire) – International and domestic companies are set to invest 37.2 trillion won in what will become the world’s largest floating offshore wind farm complex off the coast of Ulsan, South Korea. The Ulsan Metropolitan Government announced on November 5 that it will sign Letters of Intent (LOI) with multiple energy companies [...]
SEOUL, Nov. 6 (Korea Bizwire) – Pizza Hut Korea filed for court receivership after being ordered to pay billions of won in damages following a lawsuit by franchise owners, marking a significant downturn for the once-prominent pizza chain in South Korea. The company submitted its application for bankruptcy protection to the Seoul Bankruptcy Court on November [...]
SEOUL, Nov. 6 (Korea Bizwire) – A new survey has revealed that seven out of 10 Korean companies believe extending the retirement age would create significant management challenges due to seniority-based wage systems, according to findings released on November 5 by the Korea Enterprises Federation (KEF). The survey, conducted by Research & Research on behalf of [...]