Nov 8, 2024 · Korean Baseball Cheerleader Who Sparked Viral ‘Pikki Pikki’ Dance Draws Interest from Taiwan Posted on November 8, 2024 by Korea Bizwire in Lifestyle, Sports & Entertainment, Top News with 0 Comments

SEOUL, Jan. 2 (Korea Bizwire) – South Korea’s Ministry of Environment announced on January 1 a series of policy changes for 2025, including enhanced subsidies for young buyers of electric vehicles (EVs) and expanded environmental initiatives. Young individuals aged 19 to 34 purchasing their first EV will now receive a 20% additional subsidy on top of the base national subsidy. This builds ...

SEOUL, Dec. 20 (Korea Bizwire) – South Korea will admit 130,000 foreign workers under the Employment Permit System (EPS) in 2025, a 21% reduction from this year’s 165,000 quota, according to the Ministry of Employment and Labor. The decision reflects changing labor demand due to economic shifts and increased reliance on alternative visa programs, such as E-7 and E-8. The EPS allows ...

SEOUL, Dec. 19 (Korea Bizwire) – South Korean industry and academia have proposed creating a “KSMC” (Korea Semiconductor Manufacturing Company), modeled after Taiwan’s TSMC, to address challenges facing the nation’s semiconductor industry. The plan, revealed at a seminar held by the National Academy of Engineering of Korea (NAEK) on December 18, aims to build a balanced ecosystem ...

Jan 2, 2025 · Korean Snacks Ride K-Culture Wave to Global Success as Exports Top $1.3 Billion Posted on January 2, 2025 by Korea Bizwire in Business, Food/Beverage, Industries, Lifestyle, Sports & Entertainment, Top News with 0 Comments

SEOUL, Jan. 14 (Korea Bizwire) — Audi Korea has announced its most ambitious product launch schedule since entering the Korean market in 2004, with plans to introduce 16 new models this year alongside an expansion of its sales and service network to better meet customer needs. The announcement ...

SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s Ministry of Culture, Sports and Tourism, in collaboration with the Visit Korea Committee, announced on January 15 the launch of the 2025 Korea Grand Sale, the largest edition to date. The event will run until February 28, aiming to attract foreign tourists during the off-peak winter season …

SEOUL, Dec. 29 (Korea Bizwire) —Seoul police are investigating a group of Chinese nationals accused of violently assaulting a Korean couple at a restaurant after a dispute over indoor smoking. According to the Yeongdeungpo Police Station, six Chinese individuals allegedly attacked a man, identified as B, and his girlfriend at a lamb skewer restaurant in Yeongdeungpo District’s Daerim-dong ...

SEOUL, Jan. 10 (Korea Bizwire) — The use of cashless payment methods, such as credit cards and digital wallets, has led to a record low number of counterfeit bills detected in South Korea last year, according to the Bank of Korea. In its report released on …

SEOUL, Sept. 23 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has signed a partnership with the American Bureau of Shipping to jointly develop advanced offshore technologies. Under the agreement, signed during Gastech 2024, an international energy exhibition, in Houston, Texas, last week, the collaboration between Hanwha Ocean and ABS will focus on three ...