SEOUL, Oct. 28 (Korea Bizwire) – Consumers in South Korea can now enjoy banking and securities services in one sitting. The Financial Services Commission announced on October 24 that it would allow banks to provide banking and securities services at the same time, as a follow-up to a plan to lift financial regulations reported last July. [...]
WASHINGTON & EXCELSIOR, Minn, Oct. 27, 2014 (Korea Bizwire) – Special Olympics today announced plans for engaging the $100 billion global video game industry in an effort to expand Special Olympics’ global message of inclusion and acceptance for people who have intellectual disabilities. Force Multiply Gaming (forcemultiplygaming.com), a social impact movement and brand of WarpSpeed Innovations Inc. [...]
SEOUL, Oct. 27 (Korea Bizwire) – Ssangyong Motor said on October 26 that it would offer a variety of support to Ssangyong car fan club members including invitation to its Pyeongtaek assembly plant for tour. On the 25th, the company gave a factory tour to 40 members and their families for the “Korando C” fan [...]
SEOUL, Oct. 25 (Korea Bizwire) – The Ministry of Trade, Industry & Energy announced on October 23 that it would hold the first drag racing competition for tuned cars at a racing track of the Korea Intelligent Automotive Parts Promotion Institute in Daegu City on November 15. The event is part of plans to promote [...]
SEOUL, Oct. 25 (Korea Bizwire) – An increasing number of global companies try to jump on the “Fintech” bandwagon. Fintech, a compound word between finance and technology, encompasses services such as mobile payment, mobile money transfer, crowd funding and the like. Investment volume on fintech skyrocketed by three-folds only in five years. According to management [...]
SEOUL, Oct. 24 (Korea Bizwire) – It is reported that female migrant workers are easily exposed to one of the worst human rights violations, sexual abuse, in South Korea. Of the migrant women working in South Korea, 10.7 percent went through sexual harassment or sexual assault, according to data conducted by a human rights advocacy [...]
SEOUL, Oct. 24 (Korea Bizwire) – LG Household and Healthcare is expected to boost its sales volume by acquiring CNP Cosmetics, a local “cosmeceuticals” firm, even though it failed to win a bid for U.S. cosmetics company Elizabeth Arden. The Korea’s leading cosmetics company announced on October 22 that it signed a 54.2-billion-won agreement to [...]
SEOUL, Oct. 24 (Korea Bizwire) – Uber eventually starts to run a taxi service called UberTaxi from October 23 in Seoul. Uber has been right in the center of controversies in many countries for its allegedly unlawful activities. Taxi drivers who registered themselves on Uber can carry passengers for a fee. The drivers and the passengers [...]
SEOUL, Oct. 23 (Korea Bizwire) – Samsung Electronics captivates Russian people’s heart with its cultural marketing. The Korea’s leading electronics company displayed its 105-inch curved ultra HD television on the stage of the Yasnaya Polyana Book Awards held in the Beethoven Concert Hall in the Bolshoi Theater, Moscow, on September 21. The Yasnaya Polyana Book [...]
SEOUL, Oct. 23 (Korea Bizwire) – Another epidemic spreads across the world: “Fear-bola.” People around the world are now deeply concerned about the Ebola epidemic in their homes. Mel Robbins, a CNN commentator and legal analyst, has first given it the name Fear-bola. She said, “Fear-bola attacks the part of the brain responsible for rational [...]