Koreabizwire | Be Korea-savvy
WEBSEOUL, Sept. 13 (Korea Bizwire) – A recent study has revealed that 27 non-owning executives of South Korean companies with market capitalizations exceeding 2 trillion won hold stock wealth valued at over 10 billion won each, highlighting a growing trend of wealth accumulation among professional managers in the country’s booming tech sector.
About The Korea Bizwire - Be Korea-savvy
WEBWe created the Korea Bizwire with a simple motto: to be Korea-savvy to get ahead in the Asian age. Of late, Korea has come into the spotlight once again largely due to her dynamic cultural prowess — “Gangnam Style” by Psy is a typical example — but Korea is rich with other wonderful sources of pride, such as Korean cuisine, fashion ...
Global Tech Giants Gain Ground in South Korea’s Search Engine …
WEBAug 11, 2024 · 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 data from web analytics site Internet Trend, as of August 7, Naver was still leading the South Korean web search market with a 54.26% share.
deepfake Archives | Be Korea-savvy
WEBSEOUL, Aug. 28 (Korea Bizwire) — A court on Wednesday sentenced a deepfake crime suspect to five years in prison after finding him guilty of producing about 400 fabricated pornographic videos and distributing about 1,700 such videos online. The Seoul Central District Court handed out the sentence to the 28-year-old suspect, surnamed Park ...
Technology Archives - Be Korea-savvy
WEBSEOUL, Sept. 9 (Korea Bizwire) – Yogiyo, a South Korean food delivery app, officially launched the country’s first robot delivery service, the company said Monday. The service was introduced in the Songdo district of Incheon, about 40 kilometers west of Seoul, with plans for nationwide expansion in the future, according to Yogiyo.
South Korean Hospitals Overwhelmed as COVID-19 Surges Amid …
WEBSEOUL, Aug. 20 (Korea Bizwire) – As a seven-month-long medical dispute continues to strain South Korea’s healthcare system, a sudden surge in COVID-19 cases and the looming threat of mpox (formerly known as monkeypox) have pushed hospitals to their limits. Emergency rooms, in particular, are facing …
Lifestyle Archives - Be Korea-savvy
WEBSoccer vs. K-Pop: Debate Erupts Over Use of Seoul World Cup Stadium. SEOUL, Sept. 14 (Korea Bizwire) – A public controversy has erupted in South Korea over the use of Seoul World Cup Stadium, pitting soccer fans against K-pop enthusiasts in a debate that highlights the challenges of maintaining world-class sports facilities while accommodating the country’s booming entertainment industry.
naturism Archives | Be Korea-savvy
WEBMajority of South Koreans Oppose ‘Nudist Villa’ SEOUL, Aug. 1 (Korea Bizwire) — More than half of South Koreans oppose a controversial nudist villa in a small village near the city of Jecheon, a new survey has found, following media attention that has divided the nation.
Banks Rush to Further Raise Lending Rates amid Soaring …
WEBThis file photo, taken July 18, 2023, shows information about a bank’s loan programs in Seoul. (Image courtesy of Yonhap) SEOUL, Aug. 19 (Korea Bizwire) — Major South Korean banks are scurrying to further raise their lending rates, alarmed by a spike in household loans amid extended easing monetary policy, industry sources said Monday.
Culture & Society Archives | Be Korea-savvy
WEBSEOUL, Aug. 15 (Korea Bizwire) – In an era dominated by digital streaming, South Korean young adults are bucking global trends by maintaining a strong connection to traditional television viewing. A recent survey reveals that about 70% of South Koreans in their 20s regularly watch video content on TV, dedicating an average of 132 minutes per
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