SEOUL, Dec. 19 (Korea Bizwire) – With Korean cuisine continuing to gain global popularity, local governments across South Korea are launching food-themed festivals, marking a shift from traditional tourism strategies centered on historical sites and local specialties. These innovative festivals are transforming previously overlooked regions into tourist destinations, drawing hundreds of thousands of visitors and combining [...]
BUSAN, Dec. 19 (Korea Bizwire) – Gamcheon Culture Village, a popular tourist destination in Busan known for its high share of international visitors, is launching new tourism initiatives utilizing vacant homes left behind by an aging population, aiming to extend visitors’ typically brief stays and increase economic benefits to the local community. The Saha District Office [...]
SEOUL, Dec. 19 (Korea Bizwire) – The Korea Institute of Science and Technology (KIST) announced on December 18 that its team, led by senior researcher Kwak Sona from the Intelligent Interaction Research Center, received the top award in the Innovative Prototype category at the International Conference on Social Robotics (ICSR). Their winning entry, the oOoBOT, [...]
SEOUL, Dec. 19 (Korea Bizwire) – Nearly one-third of South Korea’s small and medium-sized exporters report being negatively impacted by the country’s ongoing political turmoil, according to a survey conducted by the Korea Federation of SMEs. The survey, conducted from December 10 to 13 among 513 exporting SMEs, revealed that 26.3% of respondents had experienced [...]
SEJONG, Dec. 19 (Korea Bizwire) – Less than 20% of South Koreans moved up the income ladder in the past year, according to new data released by Statistics Korea on December 17, highlighting growing concerns about social mobility in the country. The comprehensive “Income Mobility Statistics 2017-2022″ report, which analyzed data from 11 million individuals, reveals [...]
SEOUL, Dec. 19 (Korea Bizwire) – The Korea Consumer Agency (KCA) announced on December 18 that domestic brands demonstrated superior value for money in a comprehensive quality and safety evaluation of 10 wireless headphone models currently available in the market. The evaluation covered a wide range of models across different price points and countries of origin: [...]
SEOUL, Dec. 19 (Korea Bizwire) – Japan welcomed 33.38 million foreign visitors from January to November 2024, surpassing its previous annual record of 31.88 million set in 2019 before the pandemic, according to data released by the Japan National Tourism Organization (JNTO) on December 18. South Koreans accounted for the largest share, with 7.95 million visitors [...]
MUAN, Dec. 19 (Korea Bizwire) – Cheongsando, a picturesque island in Wando County, South Jeolla Province, has been recognized as a 2024 “Star of Korean Tourism” in the eco-friendly tourism category by the Ministry of Culture, Sports, and Tourism and the Korea Tourism Organization, according to a December 18 announcement. Renowned as Asia’s first “Slow City” [...]
SEOUL, Dec. 18 (Korea Bizwire) – Kioxia Holdings, Japan’s leading NAND flash memory producer and formerly Toshiba Memory, made its debut on the Tokyo Stock Exchange Prime Market on December 18, drawing attention from the global semiconductor industry. The IPO raises questions about shifts in the NAND market, currently dominated by Samsung Electronics and SK Hynix, [...]
SEOUL, Dec. 18 (Korea Bizwire) – Samsung Electronics announced on Wednesday the enhancement of its proprietary AI model, Galaxy AI, and the development of a robust data protection platform. These advancements will debut in the upcoming Galaxy S series, slated for release in January 2025, and are being tested through the One UI 7 beta program. [...]