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In Seoul, Average Families Need 11.5 Years of Savings to Buy a Home

In Seoul, Average Families Need 11.5 Years of Savings to Buy a Home

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 to Display Department Names on Caller ID for Government Calls

Seoul to Display Department Names on Caller ID for Government Calls

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 [...]

Son Heung-min Reflects on ‘World Class’ Label and Career Aspirations

Son Heung-min Reflects on ‘World Class’ Label and Career Aspirations

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 [...]

Samsung’s Galaxy Watch Health Data Proven Accurate in University Study

Samsung’s Galaxy Watch Health Data Proven Accurate in University Study

SEOUL, Sept. 4 (Korea Bizwire) – Samsung Electronics announced on September 4 that the health data collected by its Galaxy Watch has been validated for accuracy in a collaborative study with the Human Performance and Sports Science Center (HPSSC) at the University of Michigan. According to Samsung, the HPSSC simultaneously measured indicators such as heart rate, [...]

Volvo Launches High-Efficiency ‘FH Aero’ Truck Line in South Korea

Volvo Launches High-Efficiency ‘FH Aero’ Truck Line in South Korea

SEOUL, Sept. 4 (Korea Bizwire) – Volvo Trucks, the Swedish commercial vehicle manufacturer, is bringing its latest line of fuel-efficient heavy-duty trucks to the South Korean market. The company announced the domestic launch of its FH Aero lineup at a media briefing held on September 4 in Seongdong-gu, Seoul. The FH Aero is the latest iteration [...]

Naver Maps Emerges as Essential Tool for Foreign Visitors to South Korea

Naver Maps Emerges as Essential Tool for Foreign Visitors to South Korea

SEOUL, Sept. 4 (Korea Bizwire) – As South Korea continues to see a surge in international visitors, Naver Maps, a homegrown navigation app, is rapidly becoming an indispensable tool for tourists navigating the country’s bustling cities and scenic landscapes. According to internal data released by Naver on September 1, the daily active users (DAU) of Naver [...]

Young South Korean Teachers Contemplate Career Changes Amid Dissatisfaction With Pay

Young South Korean Teachers Contemplate Career Changes Amid Dissatisfaction With Pay

SEOUL, Sept. 4 (Korea Bizwire) – A recent survey has revealed that a majority of South Korean teachers in their 20s and 30s are considering changing careers due to dissatisfaction with their salaries. The survey also indicates that improving compensation is seen as a higher priority than protecting teachers’ rights in attracting and retaining quality educators.  [...]

KT to Showcase AI Innovations with Partners at IFA 2024 in Berlin

KT to Showcase AI Innovations with Partners at IFA 2024 in Berlin

SEOUL, Sept. 4 (Korea Bizwire) – South Korean telecommunications giant KT announced on September 3 its plans to participate in IFA 2024, Europe’s largest consumer electronics and information technology exhibition. The event, celebrating its 100th anniversary this year, will take place in Berlin, Germany, from September 6 to 10.  KT will join the exhibition alongside 10 [...]