SEOUL, Nov. 18 (Korea Bizwire) – Kia has significantly scaled back production of its EV9 electric SUV at its Georgia plant, as the automaker navigates stricter U.S. tax credit requirements and awaits the completion of local battery manufacturing facilities. According to Kia’s sales data, only 21 EV9s were produced at the Georgia plant through the third [...]
POHANG, Nov. 18 (Korea Bizwire) – A civic organization in Pohang, North Gyeongsang Province, has launched a public campaign to boost morale at local steel companies, hanging 20 encouraging banners across the city on November 16. The “People Making Happy Pohang” group, led by Park Je-seo, displayed 15 banners supporting POSCO and five supporting Hyundai Steel, [...]
SEOUL, Nov. 18 (Korea Bizwire) – Korean actor Jung Il-woo has been selected as the new brand ambassador for Bia Saigon Special, one of Vietnam’s premier beer brands, following his enthusiastic endorsement of the beverage on his personal YouTube channel “1 Day 1 Woo.” The partnership emerged after brand executives noticed Jung’s genuine appreciation for Saigon [...]
SEOUL, Nov. 18 (Korea Bizwire) – South Korean lawmakers boast the highest level of academic credentials among parliamentarians worldwide, with more than one-third holding doctoral degrees, according to a recent academic study featured in The Economist on November 14. The comprehensive research, conducted by scholars from six institutions including Duke University, analyzed the educational backgrounds of [...]
SEOUL, Nov. 18 (Korea Bizwire) – Immigration to South Korea surged by 50.9% in 2023, placing it second among OECD nations in terms of year-over-year growth, powered in part by the global popularity of Korean culture, according to a new OECD report. The report, released on November 14, revealed that OECD member countries welcomed a record-breaking [...]
SEOUL, Nov. 17 (Korea Bizwire) – Hyundai Motor Company introduced its new Elantra N TCR Edition on November 17, incorporating technology and design elements from its successful motorsport program. The special edition model takes its name from the TCR (Touring Car Racing) World Tour, a racing series in which Hyundai has competed since 2017. The automaker [...]
SEOUL, Nov. 17 (Korea Bizwire) – LG Electronics announced November 17 the launch of its 2024 LG PuriCare Object Collection Hydro Tower, a premium water purifying humidifier featuring significant upgrades based on consumer feedback. The new model doubles the water tank capacity of its predecessor, addressing a key user demand identified through the company’s consumer behavior [...]
SEOUL, Nov. 16 (Korea Bizwire) – Every year, South Korean police officers drive anxious students to their college entrance examination sites and deliver forgotten ID cards to test-takers. But what has long been viewed as a heartwarming tradition is now facing scrutiny from within the force itself. According to the National Police Agency, officers provided 187 [...]
JEJU, Nov. 16 (Korea Bizwire) – In a testament to shared culinary heritage across East Asian waters, a unique food tasting event comparing Jeju Island’s “gogi-guksu” and Okinawa’s “soki soba” drew enthusiastic crowds at a cultural exchange program in Okinawa. The comparative tasting was held on November 14 as part of the 2024 Resort Technology Expo [...]
SEOUL, Nov. 16 (Korea Bizwire) – South Korean health authorities have issued an official notice to medical institutions urging caution in prescribing Wegovy, a recently introduced weight-loss medication, amid concerns over its indiscriminate prescription. According to medical sources on November 15, the Ministry of Health and Welfare distributed a notice titled “Cooperation Request Regarding Prescription of [...]