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South Korean Women Face Unprecedented Levels of Image-Based Sexual Abuse, Global Study Reveals

South Korean Women Face Unprecedented Levels of Image-Based Sexual Abuse, Global Study Reveals

SEOUL, Jul. 8 (Korea Bizwire) – A groundbreaking international study has shed light on the alarming prevalence of image-based sexual abuse, with South Korean women emerging as particularly vulnerable victims. The research, published in the academic journal “Human Behavior and Computing,” was conducted by professor Nicola Henry from RMIT University in Australia and Rebecca Umbach, a [...]

South Korea Nears Milestone of 1,000 Hydrogen Buses on Roads, Government Reports

South Korea Nears Milestone of 1,000 Hydrogen Buses on Roads, Government Reports

SEOUL, Jul. 4 (Korea Bizwire) – The South Korean Ministry of Environment announced on July 3 that the country is on the brink of a significant clean energy milestone, with 992 hydrogen-powered buses currently in operation nationwide. This puts the nation on the cusp of reaching 1,000 hydrogen buses on its roads, a goal set in [...]

Italian Luxury Automaker Maserati Launches Sales Unit in S. Korea

Italian Luxury Automaker Maserati Launches Sales Unit in S. Korea

SEOUL, Jul. 3 (Korea Bizwire) — Italian luxury vehicle manufacturer Maserati has launched a sales unit in South Korea, the company said Wednesday, while announcing a plan to release new models in the country each month until the end of the year. Maserati Korea held a ceremony in Seoul to celebrate its launch, expressing its [...]

Over 60 Pct of Large Firms Expect Exports to Grow in H2: Survey

Over 60 Pct of Large Firms Expect Exports to Grow in H2: Survey

SEOUL, Jul. 1 (Korea Bizwire) — Over 60 percent of large companies in South Korea predict the country’s exports to see on-year growth during the second half of the year, according to a poll released Monday. According to the survey conducted recently by polling agency Mono Research on the top 1,000 domestic companies in terms [...]

S. Korea, Vietnam Host Business Forum to Promote Bilateral Economic Ties

S. Korea, Vietnam Host Business Forum to Promote Bilateral Economic Ties

SEOUL, Jul. 1 (Korea Bizwire) — South Korea’s industry ministry said Monday it has hosted a business forum with Vietnam to seek new opportunities for partnerships in chips, artificial intelligence and other areas. Around 500 government and business officials from both countries attended the event, which took place during Vietnamese Prime Minister Pham Minh Chinh’s [...]

S. Korea, U.S., Japan Underline Commitment to Three-way Cooperation on Supply Chains, Economic Security

S. Korea, U.S., Japan Underline Commitment to Three-way Cooperation on Supply Chains, Economic Security

WASHINGTON, Jun. 26 (Korea Bizwire) — South Korea, the United States and Japan underscored their commitment to enhancing three-way cooperation on critical technologies, supply chains and other areas of economic security as they held their first trilateral ministerial meeting on the issue in Washington on Wednesday. South Korean Industry Minister Ahn Duk-geun, U.S. Commerce Secretary [...]

Economic Woes and Digital Shifts Erode Trust in South Korea’s Struggling News Media

Economic Woes and Digital Shifts Erode Trust in South Korea’s Struggling News Media

SEOUL, Jun. 18 (Korea Bizwire) – South Korea’s embattled news industry, battered by economic headwinds and seismic shifts in digital consumption habits, is also grappling with plummeting public trust that ranks among the lowest levels globally, according to a major report. The 2024 Digital News Report from the Reuters Institute found just 31% of South Korean [...]

Vice FM Kang Says 3-way Cooperation among S. Korea, China, Japan Vital despite ‘Difficulties’

Vice FM Kang Says 3-way Cooperation among S. Korea, China, Japan Vital despite ‘Difficulties’

SEOUL, Jun. 18 (Korea Bizwire) — Second Vice Foreign Minister Kang In-sun on Tuesday underscored efforts among South Korea, China and Japan to further cement the trilateral cooperation, calling it a vital framework for the development of the three-way relationship despite many “difficulties.” Kang made the point at a forum, stressing that the solid cooperation [...]

S. Korea’s Global Competitiveness Rises Eight Notches to 20th in 2024: Report

S. Korea’s Global Competitiveness Rises Eight Notches to 20th in 2024: Report

SEOUL, Jun. 18 (Korea Bizwire) – South Korea’s global competitiveness ranking rose by eight notches to reach the highest level for the country ever in 2024 on improved corporate efficiency and infrastructure, a report showed Tuesday. The country ranked 20th in terms of global competitiveness among 67 countries surveyed in 2024 compared with 28th the [...]