SEOUL, Sept. 4 (Korea Bizwire) — Samsung Electronics is turning Seoul’s busiest landmarks into canvases for oversized digital art installations to showcase its latest foldable smartphones, the Galaxy Z Fold 7 and Z Flip 7, blending Korean tradition with cutting-edge technology. The company said Wednesday it has begun displaying panoramic digital out-of-home (DOOH) advertising at [...]
SEOUL, Sept. 3 (Korea Bizwire) – South Korea’s largest art market events, Frieze Seoul and Kiaf Seoul, opened Wednesday at the Coex convention center, drawing collectors, artists and cultural leaders from around the world and signaling the city’s rising prominence in the international art trade. The joint fairs began with a VIP preview attended by Kim Hye-kyung, [...]
SEOUL, Sept. 3 (Korea Bizwire) — The state-run Korea Hydro & Nuclear Power (KHNP) said Wednesday it has signed a memorandum of understanding (MOU) with the Serbian government to expand cooperation in the nuclear energy and hydrogen sectors. Under the MOU, KHNP will join hands with Serbia’s Ministry of Mining and Energy to lay ground [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korea’s major discount store chain Homeplus Co. said Wednesday it will close 15 stores by December while cutting operating hours at others as part of belt-tightening efforts by the ailing retail company. Under the plan, Homeplus will shut five locations in mid-November and 10 others in December, the [...]
SEOUL, Sept. 3 (Korea Bizwire) – With reservoirs at record lows and water rationing already in effect, Gangneung residents are grasping for relief from the city’s worst drought in decades. While local officials have staged traditional rain rituals, many Koreans are embracing a modern version — turning to social media with humor, superstition and collective [...]
SEOUL, Sept. 3 (Korea Bizwire) — A government-funded study, quietly withheld during South Korea’s contentious pension reform debate, has surfaced with stark warnings that elderly poverty could worsen dramatically under the current system, raising questions over transparency and policy priorities. The report, produced last December by researchers at the National Pension Research Institute, projected that if the [...]
SEOUL, Sept. 3 (Korea Bizwire) — Poverty and low educational attainment are significantly delaying young South Koreans’ transition into adulthood — from employment to leaving home to marriage — while also deepening psychological distress, according to a government-funded study released Tuesday. The Korea Institute for Health and Social Affairs analyzed data from more than 1,200 [...]
SEOUL, Sept. 3 (Korea Bizwire) — Korean e-commerce platforms are bracing for shifting consumer behavior after the United States scrapped its longstanding tax exemption on small imports, a move that effectively raises prices for American shoppers buying Korean products. Since Aug. 29, parcels valued under $800 — previously exempt from import duties — have been [...]
GUNSAN, Sept. 3 (Korea Bizwire) — The city of Gunsan in North Jeolla Province said Monday it will begin accepting applications from local farmers to join its 2025 Ecosystem Service Payment Program, designed to secure food and habitat for migratory birds that flock to the Geum River and Mangyeong River estuaries each winter. Under the [...]
SEOUL, Sept. 2 (Korea Bizwire) — “My Universe,” a collaboration single between boy group BTS and global pop icon Coldplay, has surpassed 1.5 billion streams on Spotify, the world’s largest music streaming platform, BTS’ agency said Tuesday. It became the second BTS’ group song with more than 1.5 billion streams following “Dynamite.” The two bands [...]