SEOUL, June 17 (Korea Bizwire) — For the first time in South Korean history, eco-friendly vehicles—including electric, hybrid, and plug-in hybrid models—surpassed internal combustion engine (ICE) vehicles in domestic monthly sales, signaling a significant market shift as electric vehicle (EV) concerns begin to ease. According to data released Tuesday by the Ministry of Trade, Industry [...]
SEOUL, June 17 (Korea Bizwire) — LG Electronics announced Tuesday that it will launch a new AI-powered digital whiteboard in July, aiming to redefine smart education through advanced artificial intelligence features designed to benefit both teachers and students. The new model includes cutting-edge tools such as AI Summary, which condenses video-based teaching content; AI Real-Time [...]
SEOUL, June 17 (Korea Bizwire) — A growing number of South Korean healthcare workers believe the country is facing a severe shortage of doctors, a situation they say has worsened over the past year and is fueling systemic strain across hospitals. According to a survey released Monday by the Korean Health and Medical Workers’ Union, [...]
SEOUL, June 17 (Korea Bizwire) — A new government-backed study has raised doubts about the effectiveness of routine endoscopic screenings for stomach and colorectal cancers in South Koreans aged 80 and older, prompting calls for more individualized screening guidelines for elderly patients. The Korea Health Industry Development Institute (KHIDI) released a report Monday based on [...]
SEOUL, June 17 (Korea Bizwire) — With South Korea set to require all KOSPI-listed firms to submit corporate governance reports starting in 2026, POSCO Holdings has emerged as the top performer in governance compliance over the past five years, according to a comprehensive industry analysis released Tuesday. The study by Leaders Index, which reviewed 2024 corporate [...]
SEOUL, June 17 (Korea Bizwire) — The Bank of Korea’s issuance of 10-won coins hit an all-time monthly low in May, underscoring the accelerating decline of physical currency in a society increasingly reliant on digital payments. According to data released Tuesday from the central bank’s Economic Statistics System, just 17 million won worth of 10-won [...]
SEOUL, June 16 (Korea Bizwire) — Rising K-pop girl group ILLIT showcased its artistic evolution with confidence on Monday as it unveiled its third EP, “bomb.” The release follows the group’s earlier albums, “Super Real Me” and “I’ll Like You,” and continues ILLIT’s coming-of-age narrative. This time, the group broadens its perspective, shifting from introspective [...]
SEOUL, June 16 (Korea Bizwire) — Celebrated soprano Sumi Jo on Monday expressed gratitude for the support and love from her fans throughout her career, which culminated in her receiving a prestigious French cultural award. Last month, she was honored with France’s Commandeur of the Order of Arts and Letters, the highest rank of the [...]
SEOUL, June 16 (Korea Bizwire) — The Korea Trade-Investment Promotion Agency, better known as KOTRA, said Monday it has launched a seminar in Malaysia to support South Korean companies in making local investments and joining global semiconductor supply chains. KOTRA is co-hosting the two-day event in Kuala Lumpur starting Monday in collaboration with the Ministry [...]
SEOUL, June 16 (Korea Bizwire) — South Korea’s Hanwha Systems Co. has partnered with U.S. defense giant Northrop Grumman Corp. to jointly develop multilayered air defense systems, industry sources said Monday. According to the sources, Hanwha Systems has recently signed a memorandum of understanding (MOU) for joint projects in air defense systems with the U.S. [...]