DAEJEON, Aug. 14 (Korea Bizwire) – In a significant breakthrough for energy storage technology, researchers at the Korea Institute of Energy Research have developed a new battery material capable of functioning in temperatures as low as -20 degrees Celsius, the institute announced on August 13. Traditionally, graphite has been the go-to material for anodes in lithium-ion [...]
SEOUL, Aug. 12 (Korea Bizwire) – A recent study has shed light on the growing social isolation faced by individuals living alone in Seoul, South Korea’s bustling capital. More than half of Seoul’s single-person households report having no one to turn to for help with daily tasks or during emergencies, raising concerns about the need for [...]
SEOUL, Aug. 12 (Korea Bizwire) — Over half of foreign companies operating in South Korea expect a contentious pro-labor bill being pushed forward by opposition parties will negatively impact their businesses here, a survey showed Monday. In the survey conducted by Mono Research on 100 foreign companies with over 100 employees from July 26 to [...]
SEOUL, Aug. 11 (Korea Bizwire) – In a market long dominated by homegrown players, South Korea’s internet search landscape is showing signs of a significant shift. Global tech giants Google and Microsoft’s Bing are steadily gaining market share, while local stalwarts Naver and Kakao’s Daum are seeing their once-ironclad grip on the market loosen. According to [...]
SEOUL, Aug. 10 (Korea Bizwire) – The number of foreign medical doctors in South Korea has been on a steady increase, data showed Saturday, amid a prolonged walkout by doctors and trainee doctors here over a government-proposed spike in the medical school quota. The report comes amid plans by the health ministry to allow foreign [...]
SEOUL, Aug. 9 (Korea Bizwire) – The number of patients hospitalized for COVID-19 has grown sharply in South Korea recently amid a virus resurgence in summertime nationwide, health authorities said Friday. The number of people admitted to 220 hospitals nationwide for COVID-19 came to 861 in the first week of August, the highest level since [...]
SEOUL, Aug. 8 (Korea Bizwire) – As South Korea’s aging population rapidly expands, a government-funded research institute is warning that the country’s age-friendly industry is failing to keep pace, potentially missing out on a significant economic opportunity. The Korea Institute for Industrial Economics and Trade (KIET) released a report on August 7 highlighting the disconnect between [...]
SEOUL, Aug. 6 (Korea Bizwire) – South Korea’s gig economy workforce, comprising delivery riders, designated drivers, and other platform-based workers, reached approximately 883,000 in 2023, according to a new government study released on August 5. The Ministry of Employment and Labor and the Korea Employment Information Service conducted the 2023 Platform Worker Survey based on a [...]
SEOUL, Aug. 5 (Korea Bizwire) – A recent study has revealed a significant decline in South Korea’s social cohesion over the past two years, marking a reversal from the heightened unity observed during the peak of the COVID-19 pandemic. The Korea Institute for Health and Social Affairs (KIHASA) released these findings on August 4 in its [...]
SEOUL, Aug. 5 (Korea Bizwire) – A recent survey has revealed that two out of three South Koreans perceive their society as unfair, with particular distrust in the justice system and administrative processes. Corruption was cited as the primary cause of this perceived unfairness. The Korea Institute for Health and Social Affairs (KIHASA) released these findings [...]