SEOUL, Oct. 9 (Korea Bizwire) – It has been years since rumors that G-Dragon, member of K-pop idol group Big Bang, is dating Japanese model-actress Kiko Mizuhara have been around. Now a Korean entertainment news outlet revealed on October 8 they are really in love, which led to a plunge in the share price of YG [...]
SEOUL, Oct. 9 (Korea Bizwire) – The Gyeonggi provincial government said on October 7 that it would create a second high-tech industrial zone in Seongnam‘s Pangyo after the success of the Pangyo Techno Valley project. Dubbed “Next Pangyo,” the project will be built on a 460,000 square meter site, about two-thirds of the size of first [...]
SEOUL, Oct. 9 (Korea Bizwire) – The share of Chinese yuan deposits in total foreign currency-denominated deposits made by Korean nationals has surpassed the 30 percent level for the first time in September this year. According to data released by the Bank of Korea on October 8, the yuan deposit balance as of the end of September [...]
SEOUL, Oct. 8 (Korea Bizwire) – Recently the so-called “fintech” has been in vogue. A compound word between finance and technology, fintech encompasses services such as mobile payment, mobile money transfer, crowd funding, and the like. The main reason the word fintech has become more familiar with us is services like KakaoPay by Kakao Inc. and [...]
SEOUL, Oct. 7 (Korea Bizwire) – As the government’s decision to raise the cigarette prices by 80 percent from early next year has become the talk of the town, the scale of tobacco smuggling is getting bigger. According to data submitted by the Korea Customs Service requested by Congressman BakMaeng-woo (New Frontier Party), the value of smuggled tobacco [...]
SEOUL, Oct. 7 (Korea Bizwire) – Korea’s 16 major corporations, including Samsung Electronics and Hyundai Motor, plan to carry out investment projects worth 28.4 trillion won (US$26.6 billion) from the second half of this year to next year. The Ministry of Trade, Industry and Energy held a meeting with CEOs of the nation’s 16 major companies [...]
SEOUL, Oct. 7 (Korea Bizwire) — Almost nine out of ten Koreans believe the nation’s income gap is getting more serious, a survey said. To a question of whether income tax must be raised twofold, more than half of the respondents said no while two-thirds of the respondents answered in the affirmative to a question of whether [...]
SEOUL, Oct. 6 (Korea Bizwire) — The home equity loan balance for the purpose of financing the applicant’s business, paying for living expense or paying down other debts has increased close to 60 percent in three years. According to banking sources on October 5, as much as 53.8 percent (27.9 trillion won) was home equity loans out [...]
![[Infographic] How to Prevent No.1 Cause of Death: Heart Disease](http://koreabizwire.com/wp/wp-content/uploads/2014/10/Heart-disease-thumbnail-2.jpg "[Infographic] How to Prevent No.1 Cause of Death: Heart Disease")
SEOUL, Oct.6 (Korea Bizwire) – September 29 is the World Heart Day. The Korean Society of Cardiology lets you know ten ways to lower your heart disease risk in celebration of the day. Keeping your heart healthy, whatever your age, is the most important thing you can do to help prevent and manage heart disease, since the [...]
SEOUL, Oct. 6 (Korea Bizwire) — The government will actively nurture four major high-tech industry areas combining bio and information technologies such as mobile cardiopulmonary diagnostic devices, smart wheelchair, diagnostic and preventive technologies for Internet and game addiction, and bio implants. Lee Jin-kyu, an official with the Ministry of Science, ICT and Future Planning in charge of [...]