SEOUL, May 16 (Korea Bizwire) — With a growing number of Koreans choosing to focus on their work-life balance, particularly among office workers from the MZ generation (those born between the 1980s and 2000s), companies are setting out to provide more welfare benefits to employees. Battery maker LG Energy Solution Ltd. introduced a “Healing Trip” [...]
SEOUL, May 16 (Korea Bizwire) — Half of older adults in Seoul have no experience using digital kiosks, a survey showed Monday, despite a rising number of businesses adopting such self-service electronic machines amid the pandemic. The poll released by the Seoul Digital Foundation, a digital arm of the city government, showed 45.8 percent of [...]
SEOUL, May 16 (Korea Bizwire) — South Korea’s car exports grew 12.4 percent in April from the previous year on the back of global popularity of eco-friendly cars, data showed Monday. Outbound shipments of automobiles stood at 196,780 units last month, compared with 175,015 units a year earlier, according to the data from the Ministry [...]
SEOUL, May 16 (Korea Bizwire) — South Korea’s main stock market saw its trading volume shrink more than 16 percent this month from a year earlier, data showed Monday, as investors remained on the sidelines amid inflation worries and other negatives. The daily trading volume of the country’s main bourse averaged 940 million shares during [...]
SEOUL, May 13 (Korea Bizwire) — Douglas Emhoff, the husband of U.S. Vice President Kamala Harris, visited a traditional market in South Korea to experience Korean culture. The second gentleman, leading a congratulatory group, attended President Yoon Suk-yeol’s inaugural ceremony on Tuesday. He then posted a photo of himself visiting the bustling Gwangjang Market in [...]
YONGIN, May 13 (Korea Bizwire) — Samsung C&T Corp.’s Resort Group, the operator of amusement park Everland, said Thursday it will release the Everland Metaverse next month. The new metaverse platform, up for primary release on June 17, will allow users to virtually ride the T-express, join a water gun fight onboard the “Shooting Water [...]
DAEJEON, May 13 (Korea Bizwire) — A local college is garnering attention thanks to its adoption of a speech-to-text translation tool for lectures targeting foreign students who lack competency in Korean. Mokwon University in Daejeon is using this tool on a trial basis. If users speak into the computer mouse-shaped translation tool after pushing the [...]
SEOUL, May 12 (Korea Bizwire) — Former President Moon Jae-in, after finishing his five-year term, returned to his retirement home on Tuesday, beginning his first day as an ordinary citizen. Moon returned to his private residence in Pyeongsan Village in the southeastern city of Yangsan to a warm welcome from his supporters, spending his first day [...]
SEOUL, May 12 (Korea Bizwire) — Starbucks Korea said Wednesday it will recycle 100 percent of its coffee grounds by 2027. Coffee grounds were considered a non-recyclable material until they were reclassified as a recirculation resource in March, allowing them to be used for a variety of purposes. The U.S. coffee giant plans to conduct [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s major listed firms saw their sales jump more than 16 percent to an all-time high in 2021 despite the prolonged coronavirus pandemic, a corporate tracker said Thursday. The combined top line of the country’s leading 1,000 companies by sales stood at 1,734 trillion won (US$1.35 trillion) last [...]