SEOUL, Feb. 13 (Korea Bizwire) — Standard Chartered signed a MoU with Shinsegae Corp. to implant sales and marketing channels at main Shinsegae retail stores, on February 12. Standard Chartered is also in talks to sell off its Cheil Branch in Myeongdong to Shinsegae, which is one of the largest retailers in Korea. Standard Chartered will install [...]
SEOUL, Feb. 13 (Korea Bizwire) — Seoul city is set to introduce a service quality certification system and an app reservation system for Seoul taxis. According to the city government’s plan announced on February 12, the city government will assess service quality for 255 taxi companies operating in Seoul, and classify the companies into three grades: AAA, [...]
SEOUL, Feb. 13 (Korea Bizwire) – A fin whale was spotted in Korean waters for the first time in 41 years. The whale was found caught and struggling to get out of nets off the coast near Mijo-myeon in Gyeongnam province, on February 11. Local authorities soon arrived at the scene with five ships and divers for [...]
SEOUL, Feb. 13 (Korea Bizwire) – Shinsegae Department Store is holding a photo shoot event for Valentine’s Day on the seventh floor of its head branch store in Chungmuro from February 13 to 15. Couples, friends and families can preserve their moments in wall-size, black-and-white photographs. Shinsegae’s Gwangju Branch is also holding a similar event for customers who [...]
SEOUL, Feb. 12 (Korea Bizwire) — A teen couple in Korea was arrested for illegally compounding and selling liquid nicotine used in electronic cigarettes. The Gangdong Police Agency in Seoul said on February 11 that the couple is accused of having made 668 online transactions of e-cigar liquid nicotine made with undiluted liquid nicotine over the last [...]
SEOUL, Feb. 12 (Korea Bizwire) – A research team at the Korea Institute of Machinery & Material (KIMM) has developed a new soundproofing measure that can be installed between floors. The team, led by Dr. Kim Dong-Hoon, announced on February 11 that they have devised a new acoustic absorption structure with springs, which absorb low frequency sound [...]
SEOUL, Feb. 12 (Korea Bizwire) — The Korean government is planning to develop a massive business belt composed of at least five private-public development projects and a 260 billion won (US$ 235 million) fund for the Korean content industry. President Park Geun-Hye attended the opening ceremony of CJ E&M Center, the business belt’s first project, in Sangam-dong, [...]
SEOUL, Feb. 12 (Korea Bizwire) — The Korean government is planning to ban plastic surgery advertisements with ‘before and after’ references, and introduce a system to prevent patients from being falsely informed about the doctors who are actually performing the surgical procedures on them. The Ministry of Health and Welfare (MOHW) presented a plan on February 11 [...]
SEOUL, Feb. 12 (Korea Bizwire) – Getting newly printed bills during this Lunar New Year period in Korea is going to be challenging. Since Koreans have a custom of giving money to wish others well during the Lunar New Year, Korean banks have been competing to get larger stocks of newly printed currency, due to Koreans preference [...]
SEOUL, Feb. 12 (Korea Bizwire) – Seoul city is hosting an exhibition of a historical archive composed of 260 photographs, newspapers, magazines and other media selected to talk about the main historical events that took place around the site of Seoul Plaza over the past 70 years. The exhibition is to be held from February 12 to [...]