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Living and entertainment news about South Korea. We bring you the latest information on what is happening in Korea today.

‘Night Fishing’ Invited to Compete in Canadian Film Fest

‘Night Fishing’ Invited to Compete in Canadian Film Fest

SEOUL, Jun. 7 (Korea Bizwire) – The mystery thriller “Night Fishing,” starring Son Suk-ku, has been invited to compete in the short film category at Canada’s Fantasia International Film Festival, its distributor said Friday. “With its intriguing universe, ‘Night Fishing’ has the potential to be expanded into a feature film,” CGV quoted Nicolas Archambault, a [...]

Two-Thirds of Young Adults in South Korea Remain Financially Dependent, Study Finds

Two-Thirds of Young Adults in South Korea Remain Financially Dependent, Study Finds

SEOUL, Jun. 6 (Korea Bizwire) –A staggering two out of three South Koreans aged 25 to 34 are living with their parents or are financially dependent on them, even if they reside separately, according to a new study on the phenomenon known as the “kangaroo tribe.” Hwang Gwang-hoon, an associate research fellow at the Korea [...]

Oxford University Shines a Spotlight on Korean Literature

Oxford University Shines a Spotlight on Korean Literature

SEOUL & LONDON, Jun. 6 (Korea Bizwire) –Korean literature is stepping into the global literary scene as Oxford University launches an annual festival to celebrate the works of prominent Korean authors and introduce them to European audiences. The Korean Literature Festival, organized by Cho Ji-eun, a professor of Asian and Middle Eastern Studies at Oxford, [...]

South Korean Pharma Companies Forge Partnerships for New Drug Development

South Korean Pharma Companies Forge Partnerships for New Drug Development

SEOUL, Jun. 6 (Korea Bizwire) –Domestic pharmaceutical firms in South Korea are increasingly joining forces with former competitors to develop new drugs, marking a shift in strategy. While co-marketing existing products or outsourcing manufacturing has been common practice, collaborations now extend to the realm of novel drug development. Last month, Ildong Pharmaceutical secured Dong-A Socio [...]

Climate Crisis Weighs Heavily on 90% of South Koreans, Survey Finds

Climate Crisis Weighs Heavily on 90% of South Koreans, Survey Finds

SEOUL, Jun. 6 (Korea Bizwire) –Nine out of 10 South Koreans perceive the effects of climate change and believe their nation is facing a climate crisis, according to the results of an online survey on climate change released by the Korea Meteorological Administration on June 4. The survey, conducted through the Anti-Corruption and Civil Rights [...]

Conrad Seoul Hotel Sells for Over 400 Billion Won in Blockbuster Deal

Conrad Seoul Hotel Sells for Over 400 Billion Won in Blockbuster Deal

SEOUL, Jun. 5 (Korea Bizwire) – The Conrad Seoul hotel in the Yeouido financial district has been sold for over 400 billion won, marking the largest single hotel transaction in South Korea this year, according to JLL, the global real estate services firm that advised on the deal. The sale represents the second-largest hotel transaction in [...]

UNESCO Intangible Heritage Gangneung Danoje Festival Returns

UNESCO Intangible Heritage Gangneung Danoje Festival Returns

GANGNEUNG, Jun. 5 (Korea Bizwire) – The ancient Gangneung Danoje festival, designated a UNESCO Intangible Cultural Heritage of Humanity and a National Intangible Cultural Property of South Korea, will take place from June 6 to 13 at the Namdaecheon event grounds in Gangneung. Under the theme “Rise Up, Danoje,” the 2024 edition carries a multilayered [...]

Popularity of Meal Kits and Kids’ Cafes Soar with Increase in Dual-Income Households

Popularity of Meal Kits and Kids’ Cafes Soar with Increase in Dual-Income Households

SEOUL, Jun. 5 (Korea Bizwire) – As the number of dual-income households increases in South Korea, more grandparents are taking on child care responsibilities, leading to a surge in their use of meal kit delivery services and kids’ cafes, according to new data. Shinhan Card’s Big Data Research Institute reported on June 4 that the proportion [...]