SEOUL, Oct. 18 (Korea Bizwire) – Analysts suggest that photographs released by North Korea on October 17, purportedly showing the demolition of inter-Korean liaison facilities, may have been illicitly captured from video footage recorded by South Korea’s military. The Korean Central News Agency (KCNA), North Korea’s state media outlet, reported on the destruction of road connections [...]
SEOUL, Oct. 18 (Korea Bizwire) – More than half of South Korea’s wild Asiatic black bears, also known as moon bears, are currently unaccounted for, according to data released by the Ministry of Environment. The report, obtained by Democratic Party lawmaker Lee Yong-woo of the National Assembly’s Environment and Labor Committee, reveals that out of 89 [...]
YONGIN, Oct. 18 (Korea Bizwire) – A hidden ginkgo forest, concealed for over half a century near the Everland theme park, is set to open to the public for the first time on October 25. Samsung C&T Resort Group, which operates Everland, announced on October 17 that it would launch a new program called Secret Ginkgo [...]
SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Card, a major South Korean credit card company, has successfully exported its proprietary artificial intelligence software to Japan, marking the first such international sale by a South Korean financial institution. The company announced on October 17 that it had signed a contract to sell its AI software, Universe, to [...]
SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Motor Company announced on October 17 the launch of The New Casper, an improved version of its compact SUV, three years after the model’s debut in 2021. The New Casper represents Hyundai’s effort to refine its entry in the increasingly competitive mini-SUV market. The updated model features design enhancements [...]
SEOUL, Oct. 18 (Korea Bizwire) – Rolls-Royce Motor Cars introduced the latest iteration of its luxury sport utility vehicle, the Cullinan Series II, to the South Korean market on October 17. The British automaker showcased two bespoke models of the Cullinan at a launch event held at a resort in Incheon. This marks a significant update [...]
SEOUL, Oct. 17 (Korea Bizwire) – The South Korean Ministry of National Defense and the White House have voiced concerns over reports suggesting North Korea has sent troops to support Russia’s invasion of Ukraine, marking a potential escalation in military cooperation between Pyongyang and Moscow. On October 16, South Korea’s Defense Ministry stated they were “closely [...]
SEOUL, Oct. 17 (Korea Bizwire) – A recent survey has revealed the emergence of a “new elderly” demographic in South Korea, characterized by higher income, better education, and shifting values regarding inheritance and self-perception of age. This trend, partly attributed to the baby boomer generation (born 1955-1963) entering their senior years, is reshaping traditional notions of [...]
UIJONGBU, Oct. 17 (Korea Bizwire) – In a bid to support small business owners grappling with high commissions and delivery fees, Gyeonggi Province is taking steps to stimulate the market for private delivery apps that charge commission rates of 2% or less. The provincial government announced on October 16 that it would be accepting applications from [...]
SOKCHO, Oct. 17 (Korea Bizwire) – In a bid to preserve natural habitats and prevent safety hazards, officials at Seoraksan National Park have launched a campaign to discourage hikers from using unauthorized trails, the park administration announced on October 16. The campaign, which runs through October 31, aims to raise awareness about the environmental impact of [...]