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2026.11.11 (Wed)
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South Korea's Youth Job Market Sinks to 6-Year Low as Officials Point to AI and Hiring Shifts

SEOUL — South Korea’s youth labor market faced a grim milestone in October 2026, recording its lowest October employment rate in six years. According to the National Data Agency’s la
Busan Previews Marine Taxi Service with Media Test Run on Suyeong River

BUSAN — Busan is taking a bold step toward redefining urban mobility and coastal tourism. On November 11, the metropolitan city hosted a special test run for local journalists, showcasing the up

Busan Forges Closer European Ties in Maritime, Port, and Design to Accelerate Global Hub Ambitions

MUNICH/LONDON/HAMBURG — In a robust push to elevate its global standing, Busan City has launched an ambitious 8-day European diplomatic mission spanning the United Kingdom and Germany. Led by Ma

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South Korea to Strengthen Regulations on Taxi-Hailing Platforms: Seoul, South Korea – The South Korean government is set to introduce a new law granting it the authority to issue improvemen ...; Hwang Sujin Reporter 2024.11.29

Buen Camino Aims to Be a FinTech Leader with Its Salary Management App, SAVLE: Seoul, South Korea – Buen Camino, a South Korean fintech startup, is aiming to become a major player in the fintech industry ...; Desk 2024.11.29

LG Uplus Revamps Organization to Accelerate AI-Driven Transformation: LG Uplus announced today a major organizational overhaul effective December 1st, aimed at accelerating its transformation into an ...; Hwang Sujin Reporter 2024.11.29

CJ CheilJedang Launches Bibigo Korean BBQ Fried Rice in North America: CJ CheilJedang, a leading South Korean food company, announced today the launch of "Bibigo Korean BBQ Fried Rice," a shelf-stable ...; Desk 2024.11.29

Olive Young Launches Year-End Sale with Up to 70% Off on Award-Winning Products: Olive Young, South Korea's leading health and beauty retailer, announced today that it will be holding its biggest sale of the yea ...; Hwang Sujin Reporter 2024.11.29

Samyangsa Becomes First to Secure Novel Food Approval for Allulose in Australia and New Zealand: Samyangsa, a leading South Korean food company, has announced that it has become the first company in the world to obtain Novel Fo ...; ONLINE TEAM 2024.11.29

Samyangsa Unveils New Commercial for Zero-Calorie Hangover Relief Drink, Sangkwaehwan Booster Zero: Samyangsa, a leading South Korean food company, announced today the release of a new commercial for its zero-calorie hangover reli ...; Global Economic Times Reporter 2024.11.29

Samyangsa Launches AI-Powered Platform for Industrial Water Treatment: Samyangsa, a leading South Korean industrial materials company, has unveiled a new AI-powered platform designed to provide custome ...; Global Economic Times Reporter 2024.11.29

Hanwha Ocean and Babcock International Forge Strategic Partnership for Global Submarine Market: Hanwha Ocean, a leading South Korean shipbuilding company, has signed a strategic partnership agreement with Babcock International ...; Desk 2024.11.29

Lotte Group Unveils Comprehensive Restructuring Plan to Improve Financial Health: Seoul, South Korea – Lotte Group has announced a company-wide restructuring plan aimed at improving its financial health. As ...; Desk 2024.11.29

KT Overhauls Organization to Accelerate AICT Transformation: Seoul, South Korea – KT Corporation, one of South Korea’s leading telecommunications companies, has announced a signif ...; ONLINE TEAM 2024.11.29

South Korea to Prioritize Regional SMEs and Startups in New Internet Bank Licensing: Seoul, South Korea – The Financial Services Commission (FSC) announced on November 28th new criteria for licensing new inter ...; KO YONG-CHUL Reporter 2024.11.29

Lotte Group Unveils Self-Help Measures to Address Liquidity Concerns: Seoul, South Korea – Lotte Group has announced a series of self-help measures aimed at addressing liquidity concerns and bol ...; Desk 2024.11.29

Pyeongchang Offers Discounted Trout Dishes to Boost Local Economy: Pyeongchang, South Korea – Pyeongchang County is offering a special discount on trout dishes from November 30th to December ...; Hwang Sujin Reporter 2024.11.28

Shinsegae Gangnam Department Store Breaks Record Again, Surpasses 3 Trillion Won in Annual Sales: Seoul, South Korea – Shinsegae Department Store’s Gangnam branch has once again set a new record, surpassing 3 trillio ...; KO YONG-CHUL Reporter 2024.11.28

Japan Probes Amazon for Antitrust Violations: Tokyo, Japan – Japan's Fair Trade Commission (JFTC) has launched a fresh investigation into Amazon Japan, conducting on-site ...; Ana Fernanda Reporter 2024.11.28

Nissan to Cut Thousands of Jobs in Thailand Amidst Global Restructuring: Bangkok, Thailand – Nissan Motor Co. is set to cut around 1,000 jobs in Thailand as part of a global restructuring plan, acc ...; Global Economic Times Reporter 2024.11.28

Unilever Indonesia Sells Ice Cream Business for Rp7 Trillion: Jakarta, Indonesia – Unilever Indonesia has officially completed the sale of its ice cream business, as part of its parent c ...; Desk 2024.11.28

Philippine Puyat Durian Steals the Show at China International Import Expo: Manila, Philippines – The Philippine’s renowned Puyat durian took center stage at the 7th China International Import E ...; Ana Fernanda Reporter 2024.11.28

SLIMTC Forecasts Faster Philippine Growth in 2025: Manila, Philippines – Sun Life Investment Management & Trust Corporation (SLIMTC) President Michael Gerald Enriquez has ...; Ana Fernanda Reporter 2024.11.28