UIJONGBU, Mar. 11 (Korea Bizwire) – In a testament to courage and endurance, a firefighter from the Namyangju Fire Station in South Korea’s Gyeonggi Province has secured a gold medal at an international competition that tests the physical limits of firefighters worldwide. The event, known for its grueling challenges, was held in Dhahran, Saudi Arabia. The [...]
SEOUL, Mar. 7 (Korea Bizwire) — South Korean adults’ financial literacy is higher than the Organization for Economic Cooperation and Development (OECD) average, a report showed Thursday. According to the survey by the Bank of Korea and the Financial Supervisory Service, the financial literacy of South Koreans aged between 18 and 79 came to 67 [...]
BUSAN, Mar. 7 (Korea Bizwire) – Asia’s largest drone exhibition, the 2024 Drone Show Korea, has commenced at the BEXCO exhibition center in Busan, showcasing the current and future advancements in drone technology. Now in its eighth year, the exhibition has been organized on an unprecedented scale. Participants from 10 countries, totaling 228 companies, are presenting [...]
MIRYANG, Mar. 6 (Korea Bizwire) – The city of Miryang in South Gyeongsang Province recently concluded the successful World Strawberry Symposium held in Seoul, attracting over 1,500 participants, including strawberry producers, consumers, and international guests from major strawberry-producing countries. Held from February 29 to March 2 at the Wicked Wife café in Seongdong District, Seoul, the [...]
SEOUL, Mar. 6 (Korea Bizwire) – The National Police Agency’s National Office of Investigation has announced the development of a deepfake detection software, marking a significant step in the crackdown on crimes associated with deepfake technology. Deepfakes, a blend of ‘deep learning’ and ‘fake,’ involve overlaying existing videos with other images using AI to create fake [...]
SEOUL, March 5 (Korea Bizwire) – Online shopping sales in South Korea rose 12.1 percent on-year in January on the back of growing demand for tourism and transportation services ahead of the Lunar New Year holiday, data showed Tuesday. The value of online shopping transactions amounted to 20.28 trillion won (US$15.21 billion) in January, up [...]
SEOUL, Mar. 4 (Korea Bizwire) — South Koreans spent over 40 hours on global video streaming platform YouTube in January, surpassing the mark for the first time, industry data showed Monday. South Koreans users on Android and iOS systems collectively spent a record 111.9 billion minutes on YouTube in January, according to a sample survey [...]
SEOUL, March 3 (Korea Bizwire) – The average annual working hours for South Koreans fell by nearly 200 hours over the past decade but still remain about 150 hours longer than the average of the Organization for Economic Cooperation and Development (OECD), data showed Sunday. According to statistics from the Ministry of Employment and Labor, [...]
SEOUL, Mar. 3 (Korea Bizwire) –In the last ten years, South Korea has seen a significant 40% decrease in the number of marriages, casting uncertainty on the premise of childbirth in a country where marriage traditionally precedes starting a family. Statistics Korea’s December 2023 population trends report and data from the Korean Statistical Information Service [...]
YONGIN, Mar. 3 (Korea Bizwire) – In an unprecedented surge of visitors, Everland, a popular theme park in Yongin, South Korea, is witnessing massive crowds this weekend, all eager for a final glimpse of Fu Bao, the beloved giant panda, before its scheduled return to China in early April. Starting from the March 1 holiday’s eve, [...]