JEJU, Nov. 5 (Korea Bizwire) – In a significant shift from its 1980s urban planning, Jeju Island is gradually removing its iconic palm trees from city streets, marking the end of an era in the island’s landscape design. The Jeju City government announced on November 4 that it plans to replace approximately 100 Washington palm trees [...]
SEOUL, Nov. 5 (Korea Bizwire) – The average wedding gift money in South Korea has risen to 90,000 won, reflecting a 23% increase since 2021, according to recent data analysis by KakaoPay of its digital money transfer envelope service. The mobile payment provider’s analysis, released on November 4, shows a steady upward trend in wedding gift [...]
SEOUL, Nov. 5 (Korea Bizwire) – China’s unprecedented decision to include South Korea in its visa-free policy could redirect the travel patterns of young Korean tourists, who have recently favored Japan as their primary destination in Asia. According to aviation industry sources on November 4, China will implement a visa waiver program for nine countries, including [...]
SEOUL, Nov. 5 (Korea Bizwire) – A recent survey has revealed that an overwhelming majority of South Korean small and medium-sized enterprises (SMEs) have yet to embrace artificial intelligence technology, highlighting a significant digital divide in the country’s business landscape. According to the results of a recent survey released on November 4 by the Korea Federation [...]
DAEJEON, Nov. 5 (Korea Bizwire) – The Korea Institute of Machinery and Materials (KIMM) announced on November 4 that researchers have developed an innovative nanofilm sensor that can diagnose building deterioration through color changes, marking a significant advance in structural health monitoring technology. Led by principal researcher Yoon Jae Sung of the department of nano manufacturing [...]
DAEJEON, Nov. 5 (Korea Bizwire) – In a significant development highlighting South Korea’s dominance in battery technology, patent applications for battery fire safety technologies have surged nineteen-fold over the past decade, according to data released by the Korean Intellectual Property Office on November 3. An analysis of patent applications filed with major patent offices worldwide—including South [...]
WANDO, Nov. 4 (Korea Bizwire) – Wando County, South Korea’s premier marine products region, is gaining international recognition for its seaweed farming industry’s potential role in combating climate change through carbon sequestration. The region, known for its pristine waters, produces 800,000 tons of seaweed annually – including kim (laver), miyeok, dashima (kelp), tot, and maesaengi – [...]
SEOUL, Nov. 4 (Korea Bizwire) – Vietnamese workers in South Korea earn the highest wages among their counterparts working abroad, according to a new government report from Vietnam’s Ministry of Foreign Affairs. The “Vietnam Migration Overview 2023″ report, cited by VN Express on November 4, analyzed income levels of Vietnamese overseas workers across different countries between [...]
SEOUL, Nov. 4 (Korea Bizwire) – In response to the recent suicide of a sex worker driven to despair by illegal loan sharks, Seoul Metropolitan Government has announced comprehensive measures to combat predatory lending practices, particularly those targeting vulnerable populations. The city’s initiative, announced on November 3, comes after the tragic death of a single mother [...]
SEOUL, Nov. 4 (Korea Bizwire) – In an unusual blend of spiritual retreat and modern matchmaking, more than half of the participants in a recent temple stay program at Baekyang Temple found romantic connections, according to the Jogye Order of Korean Buddhism Social Welfare Foundation. The two-day program, which concluded on November 3 at Baekyang Temple [...]