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Seven Korean Companies Secure Spots on Deloitte Korea’s 2022 List of Top 100 Global Builders

Seven Korean Companies Secure Spots on Deloitte Korea’s 2022 List of Top 100 Global Builders

SEOUL, Sept. 20 (Korea Bizwire) – Samsung C&T Corp. and six other South Korean companies have ranked among the world’s top 100 builders based on their 2022 sales, Deloitte Korea said Wednesday. Samsung C&T, the construction and trading arm of South Korea’s No. 1 conglomerate Samsung Group, placed 15th, down two notches from a year [...]

Lotte Chemical Unveils ECOSEED: A Sustainable Material Brand for a Greener Future

Lotte Chemical Unveils ECOSEED: A Sustainable Material Brand for a Greener Future

SEOUL, Sept. 19 (Korea Bizwire) – Lotte Chemical has introduced a new eco-friendly material brand called ECOSEED. They unveiled it during a “Green Recycling Day” event on Monday at Lotte World Tower in Jamsil as part of their 2030 vision for recycling. Under the ECOSEED brand, the company combines recycled materials (PCR) and biodegradable plastics [...]

Cross-border Shopping from S. Korean Consumers Nearly Tripled from 2018 to 2022: Data

Cross-border Shopping from S. Korean Consumers Nearly Tripled from 2018 to 2022: Data

SEOUL, Sept. 19 (Korea Bizwire) — Direct purchases South Koreans made from overseas almost tripled over the past four years, data from the Korea Customs Service showed Tuesday. According to the data submitted to Rep. Han Byung-do of the main opposition Democratic Party, South Korean shoppers made about 96,120,000 cross-border purchases online in 2022, up [...]

Only 47% of Korean Adults Recognize Heart Attack Symptoms

Only 47% of Korean Adults Recognize Heart Attack Symptoms

SEOUL, Sept. 19 (Korea Bizwire) – Among South Korean adults, less than half are aware of the early symptoms of a heart attack (myocardial infarction).  According to the Korea Disease Control and Prevention Agency, a regional community health survey conducted last year of 230,000 Korean adults over 19 years of age across the country showed that [...]

Yeongyang Pepper H.O.T Festival: A Spicy Celebration in the Heart of Seoul!

Yeongyang Pepper H.O.T Festival: A Spicy Celebration in the Heart of Seoul!

SEOUL & YEONGYANG, Sept. 18 (Korea Bizwire) – The Yeongyang Pepper H.O.T Festival, a festival celebrating chili peppers in Yeongyang County, is happening for three days starting on September 18 at Seoul Plaza. The festival’s motto is “Yeongyang Pepper is Always Right!” This festival began back in 2007 at Seoul Plaza, solely dedicated to chili [...]

Pro-Specs Launches One Spec: Personalized Sneakers Tailored to Your Feet

Pro-Specs Launches One Spec: Personalized Sneakers Tailored to Your Feet

SEOUL, Sept. 18 (Korea Bizwire) – On Monday, Pro-Specs announced a new service called ‘One Spec’ that allows you to create personalized sneakers tailored to the shape of your own feet. Here’s how it works: You simply take a photo of your feet using your smartphone and then upload it to the official Pro-Specs website. [...]

Color-Changing Disaster Warning Balloon Wins Top Design Award

Color-Changing Disaster Warning Balloon Wins Top Design Award

ULSAN, Sept. 18 (Korea Bizwire) — A design idea for a special balloon that changes color based on the severity of a disaster situation has earned a prestigious global design award. Ulsan National Institute of Science and Technology (UNIST) announced that it secured the top prize at the IDEA Design Awards, one of the world’s [...]

Majority of Koreans Complain that Taxes Are Too High Compared to Social Security Benefits

Majority of Koreans Complain that Taxes Are Too High Compared to Social Security Benefits

SEOUL, Sept. 18 (Korea Bizwire) – A recent survey showed that about two out of three Koreans believe they are paying too much in taxes compared to the social security benefits they receive.  The share of those who said they would not like to pay more taxes or social insurance fees even if welfare benefits were [...]

Alarming Surge in Car Accidents Involving Elderly Drivers Sparks Concerns

Alarming Surge in Car Accidents Involving Elderly Drivers Sparks Concerns

SEOUL, Sept. 18 (Korea Bizwire) — Newly released data indicates a concerning surge in car accidents involving drivers aged 65 and older, marking a record high in the past year. This uptick has been a persistent trend since 2017, with a brief interruption attributed to the COVID-19 pandemic in 2020. Unfortunately, this pattern has resumed since [...]