JEJU, Nov. 3 (Korea Bizwire) – A new variety of gold kiwifruit from Jeju Island, uniquely shaped like a heart, is making its way to consumers’ tables, the Jeju Agricultural Research and Extension Services announced on November 2. Named ‘Heart Gold,’ this new brand represents a new cultivar called ‘Gamhwang,’ a hybrid of Hongshim and Okcheon [...]
SEOUL, Nov. 2 (Korea Bizwire) – The South Korean Ministry of Environment announced on October 31 that the musk deer, an ancient species often called a “living fossil” with only about 50 individuals remaining in the country, has been designated as November’s Endangered Wildlife Species of the Month. The musk deer, whose appearance has remained unchanged [...]
RIYADH, Nov. 1 (Korea Bizwire) – South Korea ranked lowest in life satisfaction according to a new international survey released on October 30, highlighting growing concerns about quality of life in one of Asia’s most developed economies. The survey, conducted by Saudi Arabia’s Future Investment Initiative (FII), polled 50,700 adults across 24 countries between July 15 [...]
SEOUL, Nov. 1 (Korea Bizwire) – Statistics Korea released expanded results from its national census on October 30, revealing significant shifts in the country’s marriage and demographic patterns. According to the census, among 42.94 million South Korean citizens aged 18 and over, 12.68 million (29.5%) have never been married, while 24.32 million (56.6%) are married with [...]
SEOUL, Oct. 31 (Korea Bizwire) – New car registrations in South Korea have fallen to their lowest level in 11 years during the first three quarters of 2024, according to data released by the Korea Automobile Mobility & Industry Association (KAMA) on October 30. Total new vehicle registrations for January through September reached 1,209,154 units, marking [...]
SEOUL, Oct. 31 (Korea Bizwire) — Hyundai Motor Co. on Thursday unveiled the concept of its upcoming passenger hydrogen fuel cell electric vehicle (FCEV) named Initium that comes with an extended driving range and ample hydrogen fuel storage capacity. Initium is a concept by Hyundai that reflects the product and design direction of a passenger [...]
SEOUL, Oct. 31 (Korea Bizwire) – LG Electronics is entering the modular housing market with its new LG Smart Cottage, a compact dwelling that integrates artificial intelligence-enabled appliances with advanced heating, ventilation, and air conditioning (HVAC) technology. The South Korean technology giant announced on October 30 that it has launched a dedicated website for the Smart [...]
SEOUL, Oct. 30 (Korea Bizwire) – Household loan growth continued in October, rising slightly higher than the previous month, the country’s chief regulator said Wednesday, but added that it is unclear whether tightened curbs on loans for home rent would be implemented this year. Kim Byoung-hwan, head of the Financial Services Commission (FSC), told reporters [...]
SEOUL, Oct. 30 (Korea Bizwire) – Kia Motors made its first foray into the pickup truck market on October 29, unveiling the Tasman at the 2024 Jeddah International Motor Show, marking a significant expansion of the South Korean automaker’s vehicle lineup. The mid-size pickup truck, developed under the theme “Dive into a New Dimension,” represents more [...]
SEOUL, Oct. 30 (Korea Bizwire) — Hyundai Motor Co. on Wednesday unveiled a teaser image of its upcoming all-electric Ioniq 9 sports utility vehicle, highlighting its massive-yet-sleek exterior design. The teaser for the three-row electric SUV presents the overall silhouette and the model’s elongated wheelbase. Hyundai said the Ioniq 9 draws inspiration from the sleek [...]