SEOUL, Oct. 2 (Korea Bizwire) – LG Electronics Inc. on Thursday unveiled new modular housing models featuring the latest home appliances in response to the growing demand for second houses. The South Korean tech giant launched two new models of the LG Smart Cottage, which refers to the company’s prefabricated home equipped with its heating, [...]
SEOUL, Oct. 2 (Korea Bizwire) — Nearly four in ten foreign companies operating in South Korea view the new government’s labor policies unfavorably, with particular concern over the recently enacted “Yellow Envelope Law,” a survey shows. According to a poll released Wednesday by the Korea Foreign Enterprises Association (KOFA), 41 percent of the 100 foreign-invested [...]
SEOUL, Oct. 1 (Korea Bizwire) — South Koreans in their 20s have seen the weakest real income growth of any generation over the past decade, according to a new analysis, underscoring concerns over job quality and rising living costs that continue to weigh heavily on the country’s youth. The Korea Economic Association (HanKyungHyup) reported on [...]
SEOUL, Oct. 1 (Korea Bizwire) — Fewer than half of South Koreans believe unification with the North is necessary, though support has edged higher compared with a year ago, a new survey shows. The 2025 Unification Awareness Survey, conducted by Seoul National University’s Institute for Peace and Unification Studies and Gallup Korea, found that 41.1 [...]
SEOUL, Oct. 1 (Korea Bizwire) — South Korea’s largest conglomerates have sharply increased their lobbying expenditures in the United States, more than doubling their spending in the past five years as they navigate regulatory pressures, trade disputes, and large-scale investments in America. According to new data released Wednesday by corporate tracker CEO Score, 52 Korean [...]
SEOUL, Oct. 1 (Korea Bizwire) — Online shopping in South Korea surged to its highest level for any August on record, fueled by booming Tesla sales and growing appetite for food services, government data showed Wednesday. Total online transactions reached 22.48 trillion won (US$15.56 billion) in August, up 6.6 percent, or 1.39 trillion won, from [...]
SEOUL, Oct. 1 (Korea Bizwire) — In the wake of a string of high-profile data leaks, an overwhelming majority of South Koreans say they view such incidents as a serious threat and support adopting punitive damages similar to those in Europe and other advanced economies, a new poll shows. According to a Realmeter survey of 500 [...]
SEOCHEON, Oct. 1 (Korea Bizwire) – In March 1919, cries of “Manse for Korean independence” rang out across a market square in Seocheon County, South Chungcheong Province, as more than 2,000 villagers rallied against Japanese colonial rule. More than a century later, that historic site has taken on a new life — as a café [...]
SEOUL, Oct. 1 (Korea Bizwire) – Hyundai Motor Co. said Wednesday it has begun sales of the Ioniq 6 N, its first high-performance electric vehicle (EV) sedan and the second electrified model under the company’s N brand. The Ioniq 6 N is equipped with front and rear motors that deliver a combined maximum output of [...]
SEOUL, Oct. 1 (Korea Bizwire) — Kakao Mobility said Tuesday it has begun offering real-time taxi-hailing services in Guam through its Kakao T app, expanding its overseas footprint in mobility services. Travelers can book rides in Guam via the “Travel” tab in the Kakao T app, while international users can access the service through Kakao’s [...]