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Older Workers Outnumber Young Employees in South Korea’s Corporate Ranks

Older Workers Outnumber Young Employees in South Korea’s Corporate Ranks

SEOUL, Sept. 8 (Korea Bizwire) — For the first time, older workers now make up a larger share of full-time employees at South Korea’s major corporations than younger recruits, underscoring the deepening generational divide in the country’s labor market. A report released Sunday by the Korea Employers Federation found that employees aged 55 to 59 in [...]

Netflix’s “K-Pop Demon Hunters” Sparks Global Fascination With Jeju’s Hat-Making Heritage

Netflix’s “K-Pop Demon Hunters” Sparks Global Fascination With Jeju’s Hat-Making Heritage

 JEJU, Sept. 6 (Korea Bizwire) — A Netflix animated feature has unexpectedly cast a centuries-old Korean craft into the global limelight. In K-Pop Demon Hunters, the boy band “Saja Boys,” rivals of the girl group protagonists, don traditional hats known as gat — and audiences worldwide have taken notice. One character’s performance, twirling a gat’s [...]

Sleepless in Seoul: Why More South Koreans Are Turning to Decaf

Sleepless in Seoul: Why More South Koreans Are Turning to Decaf

SEOUL, Sept. 6 (Korea Bizwire) –  In a nation often described as a “coffee republic,” South Koreans are increasingly reaching for decaffeinated brews, reshaping menus and fueling new debates about caffeine’s role in daily life. On a busy avenue in central Seoul, a café recently advertised only decaf coffee on a large signboard — a [...]

Gender Pay Gap Widens at Listed Companies Despite Longer Female Tenure

Gender Pay Gap Widens at Listed Companies Despite Longer Female Tenure

SEOUL, Sept. 6 (Korea Bizwire) — South Korea’s gender wage gap at publicly listed companies grew wider last year, even as the gap in average tenure between men and women narrowed, according to new government data. An analysis of 2,980 corporate annual reports for 2024, released Friday by the Ministry of Gender Equality and Family, [...]

Lonely Deaths in South Korea Exposed as Systemic Failure, Not Personal Misfortune

Lonely Deaths in South Korea Exposed as Systemic Failure, Not Personal Misfortune

SEOUL, Sept. 6 (Korea Bizwire) — Once regarded as isolated personal misfortunes, “lonely deaths” — people dying alone and unnoticed — are increasingly being understood in South Korea as symptoms of systemic failure. A government-commissioned study released Friday portrays the phenomenon as a “social disaster” demanding urgent intervention. According to the report, prepared by the Korea [...]

Ruling Party Targets Media With Expanded Liability Plan Ahead of Holiday Deadline

Ruling Party Targets Media With Expanded Liability Plan Ahead of Holiday Deadline

SEOUL, Sept. 6 (Korea Bizwire) — South Korea’s Democratic Party on Friday unveiled plans to impose far heavier financial penalties on media outlets for publishing false or manipulated reports, vowing to pass the legislation before the Chuseok holiday on Oct. 6. At a press briefing, the party’s special committee on media reform said it would [...]

New Kochia Garden Along Imjin River Offers Autumn Escape Near Seoul

New Kochia Garden Along Imjin River Offers Autumn Escape Near Seoul

YEONCHEON, Sept. 5 (Korea Bizwire) — As autumn settles in, Yeoncheon County in Gyeonggi Province has opened the Imjin River Kochia Garden, transforming a once-overrun floodplain into a seasonal attraction now filled with color. The garden will remain open to visitors free of charge until Oct. 31. The site, spanning 82,600 square meters, was originally [...]

LG Display To Benefit From Expected OLED Demand Boost This Year: Report

LG Display To Benefit From Expected OLED Demand Boost This Year: Report

SEOUL, Sept. 5 (Korea Bizwire) –Demand for organic light-emitting diode (OLED) panels among major television and monitor makers is expected to see a boost throughout the remainder of 2025, industry data showed Friday, a trend likely to benefit LG Display Co., a leading OLED supplier.  According to global market research firm Omdia, LG Electronics Co. [...]

S. Korea Aims To Double Bio Exports By 2030 To Become Global Top 5

S. Korea Aims To Double Bio Exports By 2030 To Become Global Top 5

SEOUL, Sept. 5 (Korea Bizwire) — South Korea on Friday outlined a plan to help the biohealth industry double its exports by 2030 and join the world’s top five. Under the “K-Bio Leap Strategy” unveiled at a seminar in Songdo, west of Seoul, the government outlined new targets for the industry, which also include the [...]