SEOUL, Jul. 10 (Korea Bizwire) – A recent study has revealed that teachers in South Korea face more than twice the risk of developing work-related mental illnesses compared to other civil servants, shedding light on a growing concern in the country’s education sector. The research, published in the latest issue of the international journal Occupational Medicine, [...]
SEOUL, Jul. 10 (Korea Bizwire) – In a significant shift of public opinion, South Koreans have increasingly identified climate change as the most critical environmental issue facing their nation, according to a recent survey. The Korea Environment Institute (KEI) released its “2023 National Environmental Awareness Survey” on July 9, revealing a surge in concern about climate [...]
SEOUL, Jul. 10 (Korea Bizwire) – In a bid to capture the attention of younger consumers, South Korea’s home shopping industry is racing to produce short-form content, leveraging artificial intelligence to transform hour-long live broadcasts into bite-sized videos for mobile apps and YouTube. Leading the charge, Shinsegae Live Shopping announced on July 9 that it would [...]
SEOUL, Jul. 10 (Korea Bizwire) – A recent survey has revealed that 7 out of 10 South Korean adults have tried zero-sugar or non-alcoholic beverages when drinking, signaling a significant shift in the country’s drinking culture towards healthier alternatives. Lotte Members, a South Korean marketing solutions company, conducted a nationwide survey of 2,000 adults from May [...]
SEOUL, Jul. 10 (Korea Bizwire) — Delivery app Baedal Minjok, or Baemin, said Wednesday it will raise its commission fee for restaurants that have registered for Baemin delivery services to 9.8 percent of food prices from next month. Baemin has received 6.8 percent commissions from the registered restaurants. But its two smaller rivals — Coupang [...]
SEOUL, Jul. 10 (Korea Bizwire) — South Korea began production of the homegrown KF-21 fighter jet Wednesday, the defense procurement agency said, in the latest milestone in the country’s efforts to build an advanced fighter aircraft. A ceremony marking the assembly of the first KF-21 production model took place at Korea Aerospace Industries Ltd. (KAI), [...]
SEOUL, Jul. 10 (Korea Bizwire) — Hyundai Motor Co. and Kia Corp., South Korea’s leading automakers, are aiming for a rebound in domestic electric vehicle (EV) sales in the second half of the year with reasonably priced new entry-class compact models. According to industry data, Hyundai Motor sold a total of 16,842 EVs domestically in [...]
SEOUL, Jul. 10 (Korea Bizwire) — Unionized workers at Samsung Electronics Co., staging the biggest labor action in the technology giant’s 55-year history, declared an “indefinite general strike” Wednesday, stepping up pressure over their demand for a pay raise. After a three-day strike scheduled to come to an end Wednesday, the National Samsung Electronics Union [...]
SEOUL, Jul. 10 (Korea Bizwire) — Most athletes good enough to compete in an Olympic Games dream of winning a gold medal. Saying, “I want to win a silver medal!” doesn’t quite have the same ring to it as declaring, “My goal is to win a gold medal and nothing less!” South Korean weightlifter Park [...]
SEOUL, Jul. 10 (Korea Bizwire) — South Korea has struck a 1.3 trillion-won (US$939 million) deal to supply weapons, including K-9 self-propelled howitzers, to Romania, the state arms procurement agency said Wednesday, the latest in Seoul’s push to clinch major arms export deals. Under the agreement signed Tuesday, South Korean defense giant Hanwha Aerospace will [...]