JEJU, Jul. 24 (Korea Bizwire) — On July 21, Jeju Island’s government announced new regulations that will modify the approval process for investors that wish to participate in local developmental projects. Officials from South Korea’s largest island stated the new regulations will soon come into effect, as they seek investors for the latest development project, [...]
SEOUL, Jul. 24 (Korea Bizwire) — Rows of shelves crammed with books that crisscrossed rooms like walls are now a thing of the past – at least when it comes to university libraries in South Korea. Universities are doing away with rows upon rows of musty books, and pivoting towards current social trends as they [...]
SEOUL, Jul. 24 (Korea Bizwire) — A big data analysis of credit card usage at businesses within a 1km radius of the five busiest subway stations in Seoul revealed Hongdae Station to be at the head of the pack, with Express Bus Terminal Station lagging behind. According to the Seoul Metropolitan Government, the five busiest [...]
SEOUL, Jul. 24 (Korea Bizwire) — News that noodle maker Ottogi has been listed as one of the fifteen companies included in President Moon’s powwow with major business leaders on July 27 has caught many by surprise. The list contains industry heavyweights such as Hyundai and Samsung, which makes the inclusion of a middle-sized company [...]
SEOUL, Jul. 22 (Korea Bizwire) — Regional authorities are increasingly looking towards the evening skyline as a potential revenue stream. The reasoning goes that successful nighttime activities will pull in a share of the tourism market, which should provide a boost to related businesses such as restaurants and lodgings. Andong City in Gyeongsangbuk Province has for years [...]
SEOUL, Jul. 22 (Korea Bizwire) — On July 20, figures released from a report by Statistics Korea revealed that the number of unemployed youth between the ages of 15 and 29 was 1.47 million as of May of this year, with the tally in some cases resulting from a failure to find work after graduation [...]
SEOUL, Jul. 21 (Korea Bizwire) — Samsung Electronics’ dedication to technology development has entered the spotlight, as tech enthusiasts and everyday consumers alike have taken notice of the company’s groundbreaking product releases like the new Wind-Free Air Conditioner. Technologies like the Wind-Free Air Conditioner (it’s exactly what it sounds like) and Samsung washing machines with [...]
SEOUL, Jul. 21 (Korea Bizwire) — On July 19, the Rural Development Administration (RDA) announced that with the collaboration of professor Yoon Ik Jin and his team, a cornea transplant from a pig to a Philippine monkey has shown no side effects after 234 days. It is the first recorded case where a cornea transplant [...]
SEOUL, Jul. 21 (Korea Bizwire) — As the market for electric cars heats up, charging stations are springing up all over the country. Everything moves fast in Korea and the growth of electric cars is no different. A country that had a mere 458 electric cars registered has seen that number explode by a factor [...]
SEOUL, Jul. 21 (Korea Bizwire) — “Returning Home”, a movie produced in Korea about the sex slave victims of the Japanese military, will be screened in Taiwan for the first time. Grandmothers’ House, a museum of Taiwan sex slave victims, said it would host the International Sex Slave Human Rights Film Exhibition from August 3 [...]