SEOUL, Nov. 15 (Korea Bizwire) – Sales volume of Nongshim instant noodle lineups hit a record on November 11, when Chinese e-commerce company Alibaba Group offered steep discounts on products on its website Taobao in celebration of Singles Day. Nongshim, South Korea’s largest processed food manufacturer, announced on November 13 that the sales [...]
![[In-depth] How Temporary Workers Live in South Korea](http://koreabizwire.com/wp/wp-content/uploads/2014/11/cart1.jpg "[In-depth] How Temporary Workers Live in South Korea")
SEOUL, Nov. 15 (Korea Bizwire) – South Korea’s non-regular workers are hopeless to become a permanent employee. The latest OECD Employment Outlook 2014 showed that one to two contract workers out of ten can win a permanent status in a year. Seven are still under fixed-term contracts and even two become unemployed. It means that the [...]
SEOUL, Nov. 14 (Korea Bizwire) – Daum Kakao said it will feature a “real-con,” the short 2-second emoticon that allows KakaoTalk users to express their state of emotion in a more fun way. The real-con makes use of images of Girl’s Day, a four-member Korean girl band, which makes the user feel like he is [...]
SEOUL, Nov. 14 (Korea Bizwire) – Samsung Electronics said on November 13 that it would debut a special edition of the Samsung Curved ultra HD TV in the world’s largest fine arts auction to be held by Christie’s Hong Kong from the 20th and donate all the proceeds to charities. In partnership with modern artist [...]
SEOUL, Nov. 14 (Korea Bizwire) – Korean construction companies are in a slump in the Middle East as European contractors encroach upon their traditional bread-and-butter market. As construction orders from the Middle East are expected to dwindle, domestic contractors are asked to prepare strong countermeasures. European contractors recently put their utmost effort to win major [...]
SEOUL, Nov. 14 (Korea Bizwire) – Hyundai Motor Group plans to expand its green vehicle models by 2020. As part of its long-term plan, it will launch a new hybrid electric vehicle in competition with the Prius manufactured by Toyota. The auto maker announced on November 12 that it would increase the number of eco-friendly car [...]
SEOUL, Nov.14 (Korea Bizwire) – Shinsegae Department Store opens a specialized luxury goods and watch section on the basement floor in its main store in downtown Seoul as it will have about 20 world famous luxury brands. Shinsegae launches the luxury goods and watch floor mainly targeting Chinese tourists on November 14. The official expects Chinese [...]
SEOUL, Nov. 14 (Korea Bizwire) – South Korea was the world’s most research and development intensive country in 2012, spending 4.36 percent of GDP on R&D, according to the OECD Science, Technology and Industry Outlook 2014. Korea also was the top at the R&D spending rate out of the total revenue, representing 3.4 percent. The report [...]
SEOUL, Nov.14 (Korea Bizwire) – Korea’s small s medical start-up firm has successfully completed a clinical test for bio-artificial liver transplant. The research firm has been researching in this area for 15 years investing 12 billion won (US$11 million). Based on its successful clinical experiment, the company plans to enter the bio-artificial organ market by [...]
SEOUL, Nov. 13 (Korea Bizwire) – The Seoul Taxi Association accused an Uber taxi driver to prevent Uber taxis from running on the Seoul streets. The association announced on November 12 that it charged the Uber chauffeur on the 5th with illegally operating a rental car. The driver ran a rental Mercedes to deliver passengers [...]