SEOUL, Oct. 2 (Korea Bizwire) – The South Korean government has announced plans to create a hub in Poland for exporting defense products to Europe. The Ministry of National Defense is looking to set up a Defense Cooperation Center in Poland, which will serve as a base to expand defense exports to Europe, as stated by [...]
SEOUL, Oct. 2 (Korea Bizwire) – Amid the deepening low fertility crisis and record-low birth rates, there is a growing focus on using public financial resources to support egg freezing for women of childbearing age. This is a desperate measure to reverse the declining birth rate, but it seems necessary to reach a social consensus on [...]
SEOUL, Oct. 2 (Korea Bizwire) – The first and second trial courts had differing judgments on whether illegal filming in women’s restrooms in a building frequently accessed by children and teenagers qualifies as producing sexually exploitative material. The first trial court ruled that videos created by filming the bodies of victims, which could cause sexual humiliation, [...]
SUWON, Oct. 2 (Korea Bizwire) – On Saturday, the Gyeonggi Provincial Government announced the registration of ‘Tasha’s Garden 251’ located in Sanpan-ri, Jojong-myeon, Gapyeong-gun, as Gyeonggi Province’s Private Garden No. 2. Tasha’s Garden 251 is a privately owned garden covering 5,839 square meters. It features a variety of trees and native plants, including pine trees, maple [...]
SEOUL, Oct. 1 (Korea Bizwire) – Samsung Electronics has provided Lucid Motors, a luxury electric vehicle brand based in California, with a high-tech screen called “The Wall.” Located at Lucid Motors’ Design Studio in Newark, California, The Wall is a massive, super-clear display that measures 5.65 meters in width and 3.2 meters in height. It [...]
SEOUL, Oct. 1 (Korea Bizwire) – Nearly 8 out of 10 South Koreans in their 20s and 30s agree on the need for Seoul to improve relations with Japan, a survey showed Saturday. The online poll — conducted by the Korea Youth Foundation — found 22 percent of the respondents said they “strongly agree” with [...]
PAJU, Oct. 1 (Korea Bizwire) –Chuseok is a traditional Korean holiday celebrated in the fall during the harvest season. People celebrate it to express gratitude to their ancestors for helping with the year’s farming and to wish for a successful harvest in the upcoming year. In simpler terms, Chuseok is a time when Koreans remember [...]
SEOUL, Sept. 30 (Korea Bizwire) – Samsung Electronics Co. is expected to reduce its chip deficit in the third quarter, thanks largely to a continued cut in its chip output, according to analysts Saturday. Samsung, the world’s largest memory chip maker, slashed its chip production early this year, belatedly joining its peers, like SK hynix [...]
SEOUL, Sept. 30 (Korea Bizwire) – As more and more people in their 60s and older in Korea are dealing with depression, there’s a growing need to pay attention to mental health among the elderly, especially as the country is moving towards having a significant elderly population. In 2021, statistics from the Health Insurance Review and [...]
SEOUL, Sept. 30 (Korea Bizwire) – The top 1 percent of South Korean singers in terms of income earned an average of 4.62 billion won (US$3.4 million) per person in 2021, with their aggregate income accounting for nearly 70 percent of that earned by all singers in the country that year, data showed Saturday. A [...]