SEOUL, May 12 (Korea Bizwire) — South Korean gaming company Krafton Inc. said Monday it has opened the PUBG Global Series 8, an international esports tournament for its flagship battle royale game PUBG: Battlegrounds, in Shanghai. The event, running through Sunday, brings together 24 of the world’s top professional PUBG teams to compete in two [...]
SEOUL, May 12 (Korea Bizwire) — Pulmuone Co., a South Korean food company, unveiled a new management vision Monday aimed at transforming itself into a global sustainable food manufacturer. Pulmuone Chief Executive Officer (CEO) Lee Woo-bong announced the initiative during a ceremony marking the company’s 41st anniversary at its headquarters in Seoul, focusing on the [...]
SEOUL, May 12 (Korea Bizwire) — As South Korea grapples with the financial implications of its aging population, the government has released the nation’s first full-scale survey on so-called “dementia money”—the frozen assets held by elderly citizens with dementia—and experts are urging swift action modeled on Japan’s experience. According to the Presidential Committee on Aging Society [...]
SEOUL, May 12 (Korea Bizwire) — For the first time in nearly two decades, nuclear power has surpassed coal to become South Korea’s largest source of electricity, signaling a broader shift in the country’s energy landscape toward cleaner and more sustainable sources. According to the Ministry of Trade, Industry and Energy’s newly released 2024 Energy Supply [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s birthrate continues to decline, but a growing number of unmarried adults now say they still intend to marry—offering a potential, if modest, glimmer of hope in the nation’s battle against population decline. According to a comprehensive 2024 survey released Sunday by the Korea Institute for Health and Social [...]
SEOUL, May 11 (Korea Bizwire) — Under the soft breeze of a post-rain afternoon at Seoul’s Banpo Hangang Park, 126 participants in clown wigs, hanbok, and even llama costumes sat silently side-by-side across the Jamsu Bridge on Sunday. They weren’t preparing for performance art—they were competing to do absolutely nothing. This was the annual “Han River [...]
SEOUL, May 9 (Korea Bizwire) — Rose of K-pop girl group BLACKPINK released “Messy,” an original soundtrack for the new Hollywood sports action drama film “F1,” on Friday, aiming for another success following her global hit single “APT.” Scheduled for release next month, “F1″ tells the story of veteran driver Sonny Hayes (played by Brad [...]
SEOUL, May 9 (Korea Bizwire) — Korean Air Lines Co., South Korea’s leading air carrier, said Friday it will acquire a 10 percent stake in WestJet, Canada’s second-largest airline, in a bid to strengthen its presence in the North American market. The South Korean airline’s board approved the US$220 million deal earlier in the day, [...]
SEOUL, May 9 (Korea Bizwire) — South Korean consumers reined in spending on everyday items and luxury goods in the first quarter of 2025, while showing a notable willingness to spend on travel-related expenses, according to new data from mobile analytics platform IGAWorks. The firm’s Mobile Index data, based on estimated credit and debit card transactions [...]
BOREYONG, South Korea, May 9 (Korea Bizwire) — What began as a modest college car festival has evolved into one of South Korea’s largest grassroots motorsports events. The Boryeong Motor Festival, now in its 15th year, drew a record 150,000 visitors to Daecheon Beach earlier this month, marking a dramatic rise in public engagement with [...]