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Jeep’s First All-Electric SUV, the Avenger, Set to Debut in South Korea

Jeep’s First All-Electric SUV, the Avenger, Set to Debut in South Korea

SEOUL, Aug. 30 (Korea Bizwire) – Jeep, the American brand renowned for its rugged off-road vehicles, is preparing to launch its first all-electric SUV, the Avenger, in South Korea next month. This move marks a significant step in the brand’s electrification journey and its expansion in the Asian market.  The compact electric SUV, which has garnered [...]

Historic Korean Site to Showcase Global Currency in New Exhibition

Historic Korean Site to Showcase Global Currency in New Exhibition

GANGNEUNG, Aug. 29 (Korea Bizwire) — In a bid to breathe new life into its currency museum, the city of Gangneung is set to create a space where visitors can view current banknotes and coins from around the world, all under one roof.  The Ojukheon Museum, located within the historic Ojukheon complex, signed a memorandum of understanding [...]

Jeju Residents Push to Revive Traditional Fire Festival, Challenging Environmental Concerns

Jeju Residents Push to Revive Traditional Fire Festival, Challenging Environmental Concerns

JEJU, Aug. 29 (Korea Bizwire) – A citizen-initiated ordinance that would essentially restore the controversial burning of hillside grasslands during Jeju Island’s Fire Festival has been proposed, reigniting a debate between cultural preservation and environmental protection.  On August 28, the Jeju Provincial Council announced that 1,283 residents of Aewol-eup, Jeju City, where the festival is held, [...]

Jeju Island’s Tourism Appeal Hits Record Low as Domestic Travelers Look Elsewhere

Jeju Island’s Tourism Appeal Hits Record Low as Domestic Travelers Look Elsewhere

JEJU, Aug. 29 (Korea Bizwire) – A recent survey has revealed that interest in traveling to Jeju Island, a popular South Korean tourist destination, hit an all-time low in July, marking a significant shift in domestic tourism trends.  Consumer Insight, a travel research firm, reported on August 28 that only 29% of respondents expressed interest in [...]

Food Delivery App Reveals Shifting Consumer Trends Amid Economic Pressures

Food Delivery App Reveals Shifting Consumer Trends Amid Economic Pressures

SEOUL, Aug. 29 (Korea Bizwire) – Baemin, South Korea’s leading food delivery application, has unveiled new insights into consumer behavior, highlighting a growing focus on cost-saving measures and personalized dining experiences.  Woowa Brothers, the company behind Baemin, announced on August 28 that 7 out of 10 users now utilize the app’s search filter to find restaurants [...]

Despite Growing Recognition, AI Adoption in South Korean Businesses Remains Limited

Despite Growing Recognition, AI Adoption in South Korean Businesses Remains Limited

SEOUL, Aug. 28 (Korea Bizwire) – As deepfake-related crimes capture headlines and artificial intelligence continues its rapid incursion into daily life, the call for robust AI ethics education is growing louder. Yet, in the corporate world, the actual adoption of AI technology remains surprisingly modest. A recent survey by the Korea Chamber of Commerce and [...]

Record Surge in Out-of-Wedlock Births Marks a Cultural Shift in South Korea

Record Surge in Out-of-Wedlock Births Marks a Cultural Shift in South Korea

SEOUL, Aug. 28 (Korea Bizwire) – South Korea’s total births fell to a fresh low in 2023, while the proportion of babies born to mothers who were unmarried reached an all-time high, data showed Wednesday. A total of 230,000 babies were born last year, down 7.7 percent from a year earlier, according to the data [...]

South Korea to Introduce National Technical Qualification for Smart Manufacturing

South Korea to Introduce National Technical Qualification for Smart Manufacturing

SEOUL, Aug. 28 (Korea Bizwire) – The South Korean government is set to establish a new national technical qualification in the field of smart manufacturing, a cutting-edge manufacturing process that integrates Information Technology (IT) and Artificial Intelligence (AI).  On August 27, the Ministry of Employment and Labor announced the approval of an amendment to the enforcement [...]

South Koreans Lead World in Medical Radiation Exposure, Raising Concerns

South Koreans Lead World in Medical Radiation Exposure, Raising Concerns

SEOUL, Aug. 28 (Korea Bizwire) – South Koreans underwent an average of 7.7 medical radiation examinations per person last year, including X-rays and CT scans, according to a report released by the Korea Disease Control and Prevention Agency (KDCA) on August 26. This figure represents a 13% increase from the previous year and is approximately seven [...]

Buddhism Finds New Fans Among South Korea’s Youth, Boosting Book Sales

Buddhism Finds New Fans Among South Korea’s Youth, Boosting Book Sales

SEOUL, Aug. 28 (Korea Bizwire) – Buddhism is experiencing an unexpected resurgence among young South Koreans, driven by a mix of pop culture references and a search for meaning in a fast-paced society. This renewed interest is now making its mark in an unlikely place: bookstores.  The trend was kickstarted by unconventional events like an electronic [...]