SEOUL, Sept. 6 (Korea Bizwire) – In a bid to address the chronic shortage of software talent in its burgeoning tech industry, South Korea has launched an initiative to recruit skilled developers from India. The Ministry of SMEs and Startups announced on September 5 that 103 Indian software developers have been hired by South Korean venture [...]
SEOUL, Sept. 6 (Korea Bizwire) – In a concerning trend for South Korea’s once-dominant shipbuilding industry, Chinese competitors are rapidly gaining market share, aided by alleged industrial espionage and lenient court rulings in South Korea. The situation has raised alarms about the potential loss of South Korea’s world-leading position in the sector, particularly in the crucial [...]
SEOUL, Sept. 6 (Korea Bizwire) – CJ Logistics, a leading South Korean transportation and logistics company, has reported growing popularity for its AI-driven freight transportation platform, ‘the unban.’ The platform, which directly connects shippers with truck drivers, has gained traction due to its next-day payment system, the company announced on September 5. Launched in July 2023, [...]
SEOUL, Sept. 6 (Korea Bizwire) – BMW Korea is maintaining a lead in South Korea’s imported vehicle market so far this year, industry data showed Friday, as main rival Mercedes-Benz Korea is faced with a brand reputation setback after a massive fire that broke out from one of its electric vehicles. According to the Korea [...]
SEOUL, Sept. 6 (Korea Bizwire) – A recent study by the Korea Consumer Agency has found that wearing a sports bra during exercise can reduce breast movement by 13 to 20 percent, potentially improving workout efficiency and preventing breast pain and injury. However, the agency notes that support and comfort levels vary significantly between products, emphasizing [...]
DAEGU, Sept. 6 (Korea Bizwire) – A South Korean court has ordered a man in his 30s to pay approximately 727 million won in damages to Asiana Airlines for opening an emergency exit door on a flight approaching Daegu International Airport last year, an incident that caused panic among passengers and significant damage to the aircraft. [...]
SEOUL, Sept. 6 (Korea Bizwire) – A recent government study has revealed startling disparities in the cost of medical procedures across South Korea, with some treatments varying in price by as much as 23 times between different healthcare providers. The Ministry of Health and Welfare and the Health Insurance Review and Assessment Service (HIRA) announced on [...]
SEOUL, Sept. 6 (Korea Bizwire) – As inflation continues to squeeze household budgets, South Korean consumers are increasingly turning to budget-friendly options at convenience stores. CU, one of the country’s leading convenience store chains, reported a significant surge in sales of products priced under 1,000 won on September 5. The trend reflects a broader shift in [...]
SEOUL, Sept. 5 (Korea Bizwire) – Following their goalless draw against Palestine in a World Cup qualifier marked by jeers from fans in Seoul on Thursday night, South Korean players said they could have done without such a negative reaction. Fans actually cheered for the players, trying to will them to score a few goals [...]
SEOUL, Sept. 5 (Korea Bizwire) – Hyundai Motor Company has pulled back the curtain on its 2025 Ioniq 5 electric vehicle, a test version produced at its new manufacturing plant in Bryan County, near Savannah, Georgia. The unveiling, which took place on September 3 at a local dealership, marks a significant step in the South Korean [...]