SEOUL, July 11 (Korea Bizwire) — South Korean artist Kimsooja was named an Officer of the French Order of Arts and Letters, the second-highest of the European country’s three-tier honor. The artist received the award at the French ambassador’s residence in Seoul on Wednesday, recognizing her contributions to cultural exchange and relations between South Korea [...]
SEOUL, July 11 (Korea Bizwire) — Korean Air Co., South Korea’s leading air carrier, said Friday its net profit for the second quarter grew 13.4 percent from a year earlier thanks to stable demand in the company’s passenger services. The company’s net profit for the April-June period totaled 395.9 billion won (US$288.1 million) on a [...]
SEOUL, July 11 (Korea Bizwire) — K-pop star G-Dragon has canceled an upcoming concert in Thailand, citing concerns over fan safety due to extreme heat, his agency said Friday. The concert was scheduled to be held Aug. 2 at Rajamangala National Stadium in Bangkok as part of his “Ubermensch” world tour. Galaxy Corporation, the artist’s [...]
SEOUL, July 11 (Korea Bizwire) — Samsung Heavy Industries Co. said Friday it has provided a virtual reality (VR) training solution to Taiwan’s Evergreen Marine Corp. to support operations of eco-friendly container vessels of the shipping company. The VR solution is designed to allow crew members to familiarize themselves with dual-fuel methanol-powered ships in a [...]
SEOUL, July 11 (Korea Bizwire) — SK ecoplant Co., the construction arm of South Korea’s SK Group, has sold part of its stake in U.S.-based fuel cell company Bloom Energy Corp., sources said Friday. SK ecoplant offloaded 10 million common shares in Bloom Energy through an over-the-counter block trade at US$27.60 per share on Thursday, [...]
SEOUL, July 11 (Korea Bizwire) — Despite rising health concerns, just over a quarter of South Korean adults meet the recommended levels of physical activity, placing the country well above the global average for physical inactivity, according to a new government report. The Korea Disease Control and Prevention Agency (KDCA) revealed Wednesday that only 26.6% [...]
SEOUL, July 11 (Korea Bizwire) — Amid a tough job market, only a third of South Korean office workers who sought new positions in the first half of 2025 succeeded in making a job switch, according to a new survey. Career platform Saramin reported Wednesday that just 28 percent of job changers were able to [...]
SEOUL, July 10 (Korea Bizwire) — South Korean artificial intelligence (AI) company iSciLab has won an award at a global summit hosted by the International Telecommunication Union (ITU), the company said Thursday. During the AI for Good Global Summit 2025 held from Tuesday in Geneva, the company’s AI-based animal biometrics solution was recognized by the [...]
SEOUL, July 10 (Korea Bizwire) — The number of foreigners coming to South Korea to get a job fell for the first time in four years in 2024 as labor demand fell in the country amid an economic slowdown, data showed Thursday. In 2024, 164,000 foreign nationals came to Korea with a working visa, down [...]
SEOUL, July 10 (Korea Bizwire) — South Korea is weighing a significant pension reform that could bring platform workers — such as food delivery riders and chauffeur-for-hire drivers — under the same pension contribution scheme as regular employees, with their platforms potentially covering half of their premiums. A new report released Tuesday by the National [...]