SEOUL, June 24 (Korea Bizwire) — As South Korea grapples with a persistently low birthrate under President Lee Jae-myung’s administration, a new report highlights how the demographic shift is reshaping the nation’s small business ecosystem, prompting price hikes and deepening inequality among local service providers. According to a study released Monday by Hana Financial Group’s [...]
SEOUL, June 23 (Korea Bizwire) — South Korean football star Son Heung-min has appeared in the popular online shooting game Fortnite as an in-game character, the title’s publisher Epic Games said Monday. Fortnite players can purchase the limited-time Son character within Fortnite’s item shop from Monday through Saturday. The character comes with the uniform themed [...]
SEOUL, June 23 (Korea Bizwire) — South Korean grocery delivery platform Oasis Corp. said Monday it has acquired full ownership of e-commerce platform TMON after a court approved its rehabilitation plan, which included the acquisition proposal. TMON filed for court receivership in July last year following widespread delays in payments to vendors using its platform. [...]
SEOUL, June 23 (Korea Bizwire) — Naver Cloud Corp., the cloud service affiliate of IT giant Naver Corp., said Monday it has signed an agreement with the city of Izumo in southern Japan to introduce its artificial intelligence (AI) phone chatbot service, CLOVA CareCall. Under the agreement, Naver Cloud will work with the city of [...]
SEOUL, June 23 (Korea Bizwire) — South Koreans in their 30s to 60s scored an average of 69.9 out of 100 in overall retirement preparedness, reflecting modest improvement over the past five years but revealing persistent disparities across income levels, marital status, and geographic regions. According to a new government-commissioned report released by the Korea [...]
SEOUL, June 23 (Korea Bizwire) — The share of South Korean households burdened by catastrophic medical expenses—those that exceed 40 percent of a household’s ability to pay—rose for the second consecutive year, according to new government data, highlighting widening healthcare inequality despite improvements in overall access to treatment. A joint report released Saturday by the Korea [...]
SEOUL, June 21 (Korea Bizwire) — Hyundai Engineering & Construction (Hyundai E&C) unveiled an artificial intelligence-based sleep environment solution on Thursday, as South Korea’s leading builder accelerates efforts to integrate wellness technologies into residential living. The new system, dubbed “Hey, Sleep,” uses AI to analyze individual sleep patterns and automatically optimize environmental factors such as [...]
SEOUL, June 20 (Korea Bizwire) — K-pop boy band Tomorrow X Together (TXT) will kick off its fourth world tour in August. The group announced on the K-pop fan community platform Weverse on Friday that the “Act: Tomorrow” tour will begin with concerts at Gocheok Sky Dome in Seoul on Aug. 22 and 23. It [...]
SEOUL, June 20 (Korea Bizwire) — As the number of marriage migrant women continues to rise in South Korea, a new government report highlights the growing health disparities they face — including a higher prevalence of depression and limited access to critical health information due to language and cultural barriers. According to the Korea Institute [...]
SEOUL, June 20 (Korea Bizwire) — A new study by researchers at Seoul National University Hospital suggests that terminal cancer patients who maintain a positive, proactive attitude toward life may live significantly longer — regardless of whether they suffer from depression. The study, published this week in the journal BMC Psychiatry, found that patients with [...]