SEOUL, Sept. 5 (Korea Bizwire) – In a move signaling strengthening ties between South Korea and the United States, Lee Jae-yong, the executive chairman of Samsung Electronics, met with a delegation of U.S. senators and the U.S. Ambassador to South Korea, Philip Goldberg, to discuss ways to boost business cooperation between the two countries. The meeting, [...]
SEOUL, Sept. 5 (Korea Bizwire) – A fierce “recruitment war” is unfolding across South Korea as hospitals scramble to staff their emergency rooms, highlighting a growing crisis in the country’s healthcare system. Some hospitals are offering annual salaries of up to 400 million won for emergency medicine specialists, yet still struggle to fill positions. The situation [...]
SEOUL, Sept. 5 (Korea Bizwire) – Audi, once a dominant player in South Korea’s imported car market, is facing a series of challenges that threaten its position in the country. The German luxury automaker, previously part of the “Big Three” German premium brands alongside BMW and Mercedes-Benz, is grappling with plummeting sales and the closure of [...]
SEOUL, Sept. 5 (Korea Bizwire) – As international travel demand surges, foreign airlines operating in South Korea are facing a consumer complaint rate three times higher than that of domestic carriers, according to a report released on September 4 by the Korea Consumer Agency (KCA). The KCA reported that from last year through the first half [...]
SEOUL, Sept. 5 (Korea Bizwire) – LG Electronics announced on September 4 that it will showcase its new transparent OLED TVs at Frieze Seoul 2024, reinterpreting the works of a master of abstract ink painting. The four-day art fair, considered one of the two major contemporary art fairs alongside Art Basel, is being held at COEX [...]
SEOUL, Sept. 5 (Korea Bizwire) – Residents of Songdo, a new urban development near Incheon, are facing an unexpected challenge: the emergence of wild raccoon dogs in the heart of their meticulously planned community. According to the Incheon Facilities Corporation, there have been numerous sightings of raccoon dogs in urban parks such as Central Park and [...]
SEOUL, Sept. 5 (Korea Bizwire) – In the wake of a recent fire in an apartment building’s underground parking lot in Incheon, concerns over electric vehicle (EV) safety have led to a significant drop in used EV prices, particularly for imported models. According to data released on September 3 by Chutcha, a popular used car platform [...]
SEOUL, Sept. 5 (Korea Bizwire) – A new study has revealed the stark reality of homeownership in South Korea’s capital, where the average family would need to save their entire income for over a decade to afford a mid-priced apartment. According to data from KB Real Estate Data Hub released on September 3, a household with [...]
SEOUL, Sept. 5 (Korea Bizwire) – The Seoul Metropolitan Government announced on September 4 that it will implement a new administrative telephone service improvement plan aimed at enhancing citizen convenience and protecting government employees. Under the new system, when Seoul city officials make calls to citizens’ Android smartphones, the caller ID will display not only the [...]
SEOUL, Sept. 4 (Korea Bizwire) – Tottenham Hotspur star Son Heung-min, a pivotal figure in South Korean soccer, recently shared his thoughts on what it means to be truly “world-class” during an appearance on a popular YouTube entertainment show. In the episode of “Salon Drip 2″ released on September 3, Son responded to host Jang Do-yeon’s [...]