SEOUL, Jul. 4 (Korea Bizwire) – A recent survey by the Korea Consumer Agency has found that while South Korean consumers highly appreciate the store environment and payment convenience of their local convenience stores, they are less satisfied with customer communication and promotional events. The agency released its findings on July 3, detailing consumer satisfaction and [...]
BUSAN, Jul. 4 (Korea Bizwire) – For the second consecutive year, Busan has secured the sixth position among Asian cities in the “Global Liveability Index 2024″ report, published by the Economist Intelligence Unit (EIU), a British economic analysis firm. According to Busan city officials on July 3, the EIU annually evaluates and ranks major global cities [...]
DAEGU, Jul. 4 (Korea Bizwire) – The 2024 Daegu Chicken and Beer Festival, one of South Korea’s premier summer events, kicked off on July 3 for a five-day run in Daegu’s Duryu Park and Pyeonghwa Market areas. This annual celebration, known locally as the Chimaek Festival (a portmanteau of “chicken” and “maekju,” the Korean word for [...]
SEOUL, July 3 (Korea Bizwire) – Samsung Electronics has announced a breakthrough in wearable technology with the introduction of the industry’s first 3-nanometer processor designed for smartwatches. The new chip is expected to power the upcoming Galaxy Watch 7, marking a significant leap in performance and efficiency for wearable devices. On July 3, Samsung revealed the [...]
SEOUL, July 3 (Korea Bizwire) – South Korean gaming giant Krafton Inc. will showcase its new titles at one of the largest global gaming events in Germany next month, the company said Wednesday. Krafton will unveil its extraction role-playing game, Dark and Darker Mobile, and life simulation game, inZOI, at gamescom 2024, which will take [...]
SEOUL, Jul. 3 (Korea Bizwire) — Italian luxury vehicle manufacturer Maserati has launched a sales unit in South Korea, the company said Wednesday, while announcing a plan to release new models in the country each month until the end of the year. Maserati Korea held a ceremony in Seoul to celebrate its launch, expressing its [...]
SEOUL, Jul. 3 (Korea Bizwire) – The Jangseong Mine in Taebaek, Gangwon Province, South Korea’s largest coal production site, permanently closed its doors on June 30. This historic shutdown marks the end of an era for the nation’s coal mining industry, as the government’s mine closure policy takes full effect, transforming the once-bustling site into a [...]
GWANGJU, Jul. 1 (Korea Bizwire) – The city of Gwangju has implemented a smart crosswalk system that automatically extends crossing times for elderly or mobility-impaired pedestrians who may need extra time to cross the street safely. According to city officials on July 1, the “Intelligent Transportation System (ITS) Smart Crosswalk” developed in collaboration with the Gwangju [...]
SEOUL, Jul. 1 (Korea Bizwire) – South Korean e-commerce platforms appear to be regaining strength after facing intense pressure from Chinese competitors like AliExpress and Temu last year. This resurgence comes as concerns over the safety of low-cost Chinese products have risen, and domestic platforms have launched aggressive promotional campaigns to win back customers. According to [...]
SEOUL, Jul. 1 (Korea Bizwire) – With the summer vacation season approaching, many South Koreans are finding themselves priced out of their usual holiday plans, opting instead for “staycations” or scaled-back trips due to persistent inflation and high interest rates. Lee, a 29-year-old office worker in Seoul who asked to be identified only by their surname, [...]