SEOUL, March 28 (Korea Bizwire) — A new government study has revealed that South Korean women born in the 1980s and later have achieved higher rates of tertiary education than their male counterparts, marking a significant shift in educational demographics. The research, released on March 27 by Statistics Korea’s Statistics Research Institute, examines educational attainment, [...]
SEOUL, March 28 (Korea Bizwire) — Krafton Inc., the South Korean game developer of global hit titles such as PUBG: Battlegrounds, on Friday released the early access version of its new life simulation game inZOI on the global PC gaming platform Steam. Developed by Krafton’s inZOI Studio, the game has drawn growing interest from global [...]
SEOUL, March 28 (Korea Bizwire) — Kia introduced its new mid-size pickup truck, the Tasman, at a Tech Day event held Thursday on Seoul’s Floating Island in Seocho District. Highlighting the company’s foray into authentic pickup territory, Kia emphasized the Tasman’s rugged durability, off-road prowess, and substantial payload capabilities. Described by the automaker as the [...]
SEOUL, March 27 (Korea Bizwire) — Shinhan Card announced on Thursday the launch of TripPass, a new finance and identity verification platform designed to enhance the experience of foreign tourists and residents in South Korea. The platform offers seamless digital services from identity authentication to payments, and is accompanied by two types of prepaid cards. Developed [...]
SEOUL, March 27 (Korea Bizwire) — The average debt held by wage workers in South Korea edged up in 2023 from the previous year, despite a rise in the benchmark interest rate, partly due to government-funded low-interest loan programs for low-income individuals, the statistics agency said Thursday. The average bank and non-bank loans extended to [...]
SEOUL, March 27 (Korea Bizwire) — While the compensation gap between top earners and average employees at major South Korean companies narrowed slightly last year, executives still earned more than 15 times their workers’ salaries, according to a new analysis by Leaders Index. The research firm’s study of 284 companies among Korea’s top 500 firms [...]
SEOUL, March 26 (Korea Bizwire) — The number of imported vehicles registered in South Korea has exceeded 3.5 million for the first time, marking a significant milestone in the nation’s evolving automotive landscape. According to data released Wednesday by the Korea Automobile Importers & Distributors Association (KAIDA), a total of 3,508,876 imported vehicles were registered as [...]
SEOUL, March 26 (Korea Bizwire) — A growing number of South Korea’s isolated and withdrawn youth are attempting to reenter daily life through study and hobbies, but nearly 40% ultimately fall back into isolation, according to the country’s first nationwide survey on the issue released Tuesday. The Korean Youth Policy Institute’s 2024 National Survey on Isolated [...]
SEOUL, March 26 (Korea Bizwire) — LG Electronics has announced the global rollout of its 2025 OLED TV lineup, further cementing its position in the premium television market. Beginning March 27, LG’s latest OLED models will be available in major retail stores across South Korea, including its flagship Best Shop locations in Gangseo and Daechi. This [...]
SEOUL, March 26 (Korea Bizwire) — The Korea Heritage Service (KHS) announced plans on Tuesday to launch a major research initiative aimed at restoring the population of the jewel beetle, an iridescent insect once prized in ancient Silla-era royal adornments. The jewel beetle, designated as a Natural Monument and a Class I endangered species, is [...]