SEOUL, Nov. 8 (Korea Bizwire) – After news broke of KIA Tigers cheerleader Lee Ju-eun’s contract termination with her agency, Taiwanese media outlets, including TVBS, reported on November 5 that she is considering various career options, with strong interest emerging from Taiwan’s baseball community. Lee gained international fame for her casual yet captivating performance of the ‘Pikki ...

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.

DAEJEON, Dec. 23 (Korea Bizwire) – In a significant advance for cancer treatment, researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a novel technique that transforms colon cancer cells into normal-like cells without destroying them, the institute announced on December 22. The research team, led by professor Cho Kwang-hyun from the Department of Bio ...

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 ...

Dec 30, 2024 · KUALA LUMPUR, Malaysia, Dec. 30, 2024 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), today announced that its investment holding arm for artificial intelligence (AI) portfolios, VC AI Limited (“VC.AI”) has invested in Marvis Inc., a Delaware corporation (“Marvis”), an innovative AI startup …

SEOUL, Dec. 30 (Korea Bizwire) — South Korean stock markets have shed more than 250 trillion won in market capitalization this year, standing in stark contrast to the record-setting rallies seen in other major global markets. According to the Korea Exchange, as of December 27, the main KOSPI market’s capitalization stood at 1,966.96 trillion won, while the tech-heavy KOSDAQ reached 333.87 ...

SEOUL, Dec. 18 (Korea Bizwire) – South Korea’s antitrust watchdog has identified multiple structural factors that could restrict fair competition and harm consumer interests in the country’s generative artificial intelligence market, according to a policy report released on December 17. The Korea Fair Trade Commission (KFTC) announced plans to …

WONJU, Dec. 26 (Korea Bizwire) — The iconic ginkgo tree in Bangye-ri, Wonju, previously believed to be 800–900 years old, has been scientifically confirmed to be 1,317 years old, according to a report released by the Wonju History Museum on Thursday. The tree, a designated Natural Monument (No. 167) since 1964, is now recognized as one …

GUMI, Dec. 25 (Korea Bizwire) — On Christmas morning, hundreds of bottles of drinking water were delivered to the Korean Optical High Tech factory in Gumi, North Gyeongsang Province, where two dismissed workers have been staging a grueling rooftop sit-in protest for 352 days. The delivery was a result of a spontaneous nationwide campaign sparked by a …

SEOUL, Jan. 15 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it seeks to sell at least 58,000 units of its newly facelifted Palisade SUV in the domestic market by leveraging its hybrid and new nine-seat variants. The newly overhauled Palisade comes six years after the model’s debut in November 2018. The 2.5 turbo gasoline version was released Wednesday, while the hybrid model will be ...