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Solar Panels Reach 60,000 Households in Seoul

Solar Panels Reach 60,000 Households in Seoul

SEOUL, Nov. 20 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) said on Monday that it had installed solar panels for 60,375 households in Seoul as of October this year. The number of solar panels for household use has increased from 13,778 households in 2015 to 35,932 in 2017. So far, a total of 162,145

Life Planners’ Employment in Jeopardy with Mandatory Employment Insurance

Life Planners’ Employment in Jeopardy with Mandatory Employment Insurance

SEOUL, Nov. 20 (Korea Bizwire) — A recent study suggests that 4 out of 10 life planners in South Korea may lose their jobs once employment insurance becomes mandatory for employees with jobs categorized as “special type of labor” in South Korea. Lee Ji-man, a professor at Yonsei University, will be presenting the details of

Mobile Payments at Convenience Stores Spike This Year

Mobile Payments at Convenience Stores Spike This Year

SEOUL, Nov. 20 (Korea Bizwire) — Mobile payments at South Korean convenience stores have more than doubled this year thanks to the greater use of smartphones and the expansion of mobile settlement services, a market player said Tuesday. South Korea’s top convenience store chain CU said the number of so-called easy mobile payments at its

Vietnamese Consumers Positive About S. Korean Goods: Poll

Vietnamese Consumers Positive About S. Korean Goods: Poll

SEOUL, Nov. 20 (Korea Bizwire) — The bulk of Vietnamese consumers are positive about the design and image of South Korean goods, but many feel burdened by their high prices, a poll showed Tuesday. The survey of 2,000 Vietnamese people, taken by the Ho Chi Minh City office of the Korea International Trade Association (KITA),

Seoul Proposes Taxi for Pets Based on Existing Taxi Network

Seoul Proposes Taxi for Pets Based on Existing Taxi Network

SEOUL, Nov. 19 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) is pushing for a new type of transportation service catering solely to pets and women on a reservation basis, utilizing existing taxi networks. According to the SMG, city officials are reviewing the adoption of new modes of taxi services including taxis for pets, the

Chinese Phone Producers Eye Korean Smartphone Market

Chinese Phone Producers Eye Korean Smartphone Market

SEOUL, Nov. 19 (Korea Bizwire) — With foreign-made cell phones making their way into the domestic market, members of the public and critics alike are wondering if these phones will be able to find a place in a market dominated by Korean-made devices. While the infiltration of Chinese-made phones is conspicuous, Xiaomi Corp.’s advancement into

Proposed Law Has Divorced Spouses Sharing Pension Funds After One Year of Marriage

Proposed Law Has Divorced Spouses Sharing Pension Funds After One Year of Marriage

SEOUL, Nov. 19 (Korea Bizwire) — A new law that would entitle each spouse to half of the other’s national pension funds upon divorce after a marriage period of one year or longer is being pushed forth. Under current laws, couples must be married for five years of more to be entitled to the same

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