SEOUL, June 27 (Korea Bizwire) – A multipurpose Korea Center has officially opened in New York, marking a significant expansion as a gateway to Korean culture, the culture ministry announced Thursday. “It will serve as a multiplex cultural hub for audiences that provides a window into Korean art, music, film, history, language, literature, and cuisine,” [...]
BUSAN, June 27 (Korea Bizwire) – Renault Korea Motors Co., the South Korean unit of French auto group Renault S.A., on Thursday unveiled the Grand Koleos, its new hybrid SUV, as the company aims to overcome its prolonged sales slump in the country. Renault Korea’s new D-segment hybrid SUV made its debut at the 2024 [...]
BUSAN, June 27 (Korea Bizwire) – Kia Corp., South Korea’s second-largest automaker, unveiled its highly anticipated new pickup truck model Thursday that sports an exterior wrap design inspired by Australia’s diverse landscape. Kia’s Tasman was unveiled for the first time at the 2024 Busan International Mobility Show. The name of the vehicle was derived from [...]
SEOUL, June 26 (Korea Bizwire) – The Marine Corps on Wednesday resumed full-scale live-fire exercises on islands near the tense inter-Korean maritime border for the first time in seven years, following South Korea’s suspension of an inter-Korean pact that had restricted such drills. This resumption follows South Korea’s complete suspension of the 2018 inter-Korean tension [...]
SEOUL, Jun. 26 (Korea Bizwire) – A new study predicts that South Korea’s declining birth rate and shrinking population could lead to a significant labor shortage in key sectors by 2042, with over 600,000 fewer workers in restaurants and retail compared to 2022 levels. The forecast was presented by professor Lee Chulhee of Seoul National University [...]
SEOUL, Jun. 26 (Korea Bizwire) — Samsung Electronics Co. is expected to unveil new Galaxy series smartphones with artificial intelligence (AI) features next month. The Samsung Galaxy Unpacked 2024 will take place in Paris on July 10 (local time), just about two weeks before the opening of the Paris Summer Olympics, Samsung said Wednesday. Samsung [...]
SEOUL, Jun. 26 (Korea Bizwire) – A recent survey has revealed that 4 out of 10 South Koreans cite cost as the primary reason for hesitating to get dental implants, with most respondents considering 500,000 to 600,000 won per implant as a reasonable price. The Korean Association of Medical Journalists (KAMJ) conducted the survey from May [...]
SEOUL, Jun. 26 (Korea Bizwire) – The country’s three major telecommunications companies are making a significant presence at Quantum Korea 2024, a premier event bringing together quantum technology experts, academics, industry leaders, and the public to explore the latest research trends and international innovations in the field. The event, held from June 25 to 27 at [...]
SEOUL, Jun. 25 (Korea Bizwire) — Internet-only lender Kakao Bank launched a new dollar deposit service Tuesday that can be linked with the online payment platform Travel Wallet to enable fee-free overseas cash withdrawals. The new program, called “Dollar Box,” allows any Kakao Bank customer aged 19 years old or older to open one account [...]
SEOUL, Jun. 25 (Korea Bizwire) – A recent survey by a civic group has revealed that only 1 in 10 victims of workplace bullying in South Korea report the incidents to their company, labor union, or the Ministry of Employment and Labor. The findings come as the amended Labor Standards Act, which prohibits workplace bullying, approaches [...]