SEOUL, Oct. 23 (Korea Bizwire) – NCSoft, one of South Korea’s largest gaming companies, announced on October 22 a major restructuring that will see it abandon several new intellectual properties (IPs) to refocus on its successful “Lineage” series and other massively multiplayer online role-playing games (MMORPGs). The company will shut down multiple projects, including “Battle Crush,” [...]
SEOUL, Oct. 23 (Korea Bizwire) – A recent survey has revealed that 60% of South Korean adults support stabilizing the national pension system to ensure future generations can receive benefits at least equal to their contributions. The poll also showed that young people, particularly those in their 20s and 30s, harbor deep skepticism about the sustainability [...]
DAEJEON, Oct. 23 (Korea Bizwire) – In a significant move to boost electric vehicle safety, South Korea’s Public Procurement Service (PPS) announced on October 22 comprehensive measures to improve fire safety management and emergency response capabilities for public EV charging facilities. The new guidelines require all future public buildings to have EV charging stations installed at [...]
SEOUL, Oct. 23 (Korea Bizwire) – The CEO of Adidas Korea, Peter Kwak, faced harsh criticism from lawmakers on October 21 for what they deemed an uncooperative attitude during a parliamentary audit, particularly his insistence on speaking English despite demonstrating Korean language ability. Kwak appeared as a witness before the National Assembly’s Political Affairs Committee to [...]
ULSAN, Oct. 23 (Korea Bizwire) – Researchers at the Ulsan National Institute of Science and Technology (UNIST) have developed an innovative device aimed at alleviating depressive symptoms through guided writing exercises, the university announced on October 22. The device, developed by professor Kim Chajoong’s team at UNIST’s Department of Design, specifically targets individuals with anxious attachment [...]
JEJU, Oct. 23 (Korea Bizwire) – The number of foreign visitors overstaying their permitted duration on Jeju Island, South Korea’s popular tourist destination with visa-free entry, reached 11,191 as of June of this year, according to Ministry of Justice data released on October 22. The figure represents a 3.4% increase from last year’s 10,826 illegal residents, [...]
SEOUL, Oct. 22 (Korea Bizwire) – In a parliamentary audit on October 21, Ham Yoon-sik, vice president of Woowa Brothers, defended his company’s controversial fee increases by pointing to similar moves by competitor Coupang Eats, highlighting growing tensions in South Korea’s competitive food delivery market. During the National Assembly’s political affairs committee audit of the Fair [...]
SEOUL, Oct. 22 (Korea Bizwire) – The Seoul Metropolitan Government announced on October 22 that four bridge-top cafes overlooking the Han River will reopen on October 24 following extensive renovations and partnerships with local coffee brands. The cafes, located on Hangang, Hannam, and Yangwha Bridges, have been completely redesigned through a public-private partnership program initiated in [...]
SEOUL, Oct. 22 (Korea Bizwire) – With their distinctive white skin, prominent melons, and upturned mouths that give the appearance of a perpetual smile, beluga whales have captured hearts worldwide. These charismatic marine mammals, known for their sociable nature, are estimated to number around 136,000 in the wild, primarily inhabiting Arctic waters. While capable of traveling [...]
SEOUL, Oct. 22 (Korea Bizwire) – As tensions between the medical community and the government continue to simmer, an increasing number of South Korean doctors are exploring opportunities abroad, signaling a potential brain drain in the nation’s healthcare sector. On October 19, a healthcare consulting company held an information session for Tokushukai Group, Japan’s largest medical [...]