SEOUL, Nov. 5 (Korea Bizwire) – The average wedding gift money in South Korea has risen to 90,000 won, reflecting a 23% increase since 2021, according to recent data analysis by KakaoPay of its digital money transfer envelope service. The mobile payment provider’s analysis, released on November 4, shows a steady upward trend in wedding gift [...]
SEOUL, Nov. 5 (Korea Bizwire) – A recent survey has revealed that an overwhelming majority of South Korean small and medium-sized enterprises (SMEs) have yet to embrace artificial intelligence technology, highlighting a significant digital divide in the country’s business landscape. According to the results of a recent survey released on November 4 by the Korea Federation [...]
DAEJEON, Nov. 5 (Korea Bizwire) – In a significant development highlighting South Korea’s dominance in battery technology, patent applications for battery fire safety technologies have surged nineteen-fold over the past decade, according to data released by the Korean Intellectual Property Office on November 3. An analysis of patent applications filed with major patent offices worldwide—including South [...]
SEOUL, Nov. 4 (Korea Bizwire) – In an unusual blend of spiritual retreat and modern matchmaking, more than half of the participants in a recent temple stay program at Baekyang Temple found romantic connections, according to the Jogye Order of Korean Buddhism Social Welfare Foundation. The two-day program, which concluded on November 3 at Baekyang Temple [...]
SEOUL, Nov. 4 (Korea Bizwire) — South Korean online high-fashion gallery jente has launched its official global service to make inroads into markets in different regions, its officials said Monday. According to the officials, jente’s global platform with English language services is now available for access across the world. The platform will feature products from [...]
SEOUL, Nov. 4 (Korea Bizwire) — Kia Corp., South Korea’s second-largest automaker, said Monday it has released a revamped version of its K5 midsize sedan with an improved value proposition and a suite of feature upgrades. The latest K5 features expanded safety and convenience options across its trims, with Kia adding a new entry-level trim [...]
SEOUL, Nov. 4 (Korea Bizwire) – In a significant nod to the growing global popularity of Korean instant noodles, Indonesia’s leading noodle manufacturer has unveiled a new Korean Ramyeon product line featuring K-pop sensation NewJeans, as international companies increasingly capitalize on the K-food phenomenon. Indomie, a subsidiary of Indonesian food giant Indofood and one of the [...]
SEOUL, Nov. 4 (Korea Bizwire) – In a significant reflection of changing attitudes toward family planning in South Korea, about half of unmarried women aged 20-40 in Seoul have considered egg freezing, according to a new report from the Seoul Metropolitan Government’s Women and Family Policy Review. The study, released on November 2, surveyed 800 unmarried [...]
SEOUL, Nov. 4 (Korea Bizwire) – The crisp autumn weather that has settled across most of South Korea is drawing weekend visitors to popular foliage viewing spots, though the seasonal color change has arrived notably later than usual this year. At Baekyang Temple in Jangseong County, South Jeolla Province, visitors were finally able to enjoy the [...]
SEOUL, Nov. 3 (Korea Bizwire) – A new report has revealed that only 4 out of 10 newly employed wage workers in South Korea remain at their initial workplace after one year, highlighting ongoing concerns about job stability among new entrants to the workforce. According to an analysis published November 3 by the Korea Employment Information [...]