SEOUL, Nov. 28 (Korea Bizwire) – British sports car manufacturer Lotus announced through its South Korean subsidiary, Lotus Cars Korea, on November 27 that it is launching its electric SUV, the Eletre, in the domestic market. According to Lotus Korea, the Eletre offers exceptional value compared to competitors in its class, with a price tag approximately [...]
BUSAN, Nov. 28 (Korea Bizwire) – A new artistic photo zone featuring three distinctive lighthouse sculptures has been installed at the entrance of Chilam Port in Gijang, Busan, a coastal village known for its conger eel delicacies. The Busan Regional Office of Oceans and Fisheries announced on November 26 that it has collaborated with the Gijang [...]
SEOUL, Nov. 28 (Korea Bizwire) – The mental health of elementary school staff in South Korea is under scrutiny as nearly 10,000 employees reported suffering from depression in 2023, according to data released by the National Health Insurance Service. This alarming trend follows a high-profile incident involving the suicide of a new teacher at an elementary [...]
SEOUL, Nov. 28 (Korea Bizwire) – Samsung Electronics announced the release of its Galaxy A16 LTE smartphone in South Korea on November 29, targeting budget-conscious consumers with robust features at an affordable price. The Galaxy A16 LTE boasts a 6.7-inch Super AMOLED display with a 90Hz refresh rate, a 50MP rear camera, a 13MP front camera, [...]
SEOUL, Nov. 27 (Korea Bizwire) – Amid heavy snowfall across South Korea on November 27, public access to several historic sites, including palaces and royal tombs, has been temporarily suspended to ensure visitor safety. The National Heritage Administration announced on its website that Deoksugung Palace, a popular tourist destination in Seoul, will be closed for two [...]
SEOUL, Nov. 27 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it plans to launch an electric vehicle (EV) charging subscription service for Hyundai customers in Indonesia this week. Starting Thursday, subscribers of the service will be able to use 518 chargers at 288 charging stations operated by Hyundai and its EV partner companies across [...]
SEJONG, Nov. 27 (Korea Bizwire) – South Koreans experience their largest per-capita financial deficit of 40.78 million won at age 17 and reach their maximum surplus of 17.53 million won at age 43, according to new government data. Labor income begins declining after peaking at 43, leading to a return to deficit spending at age 61. [...]
SEOUL, Nov. 27 (Korea Bizwire) – Toyota Korea announced on November 26 the official launch of its 2025 Camry Hybrid, which will be available at Toyota dealerships nationwide from December 2. The Camry, first introduced to the Korean market in 2009, has been a global favorite for over 40 years due to its high quality and [...]
SEOUL, Nov. 26 (Korea Bizwire) – The number of Korean venture companies surpassing ₩100 billion in annual revenue exceeded 900 for the first time last year, signaling robust growth in the country’s innovation-driven economy, the Ministry of SMEs and Startups announced on Tuesday. The total reached 908 firms in 2023, a 4.5% increase from 869 in [...]
SEOUL, Nov. 26 (Korea Bizwire) – “All cosmetic samples for just 10,000 won.” Such listings have become increasingly common on Danggeun Market, South Korea’s popular secondhand trading platform, reflecting a growing divide in the nation’s beauty market amid persistent inflation. While some consumers hunt for bargain cosmetics and sample-size products, others flock to luxury brands like [...]