SEOUL, May 31 (Korea Bizwire) – Data revealed that a cattle farmer takes an average of 573,000-won loss for every bull he raises. According to a report “2013 Livestock Production Cost Survey” published by the National Statistical Office on May 30, the total cost of raising a beef cow was 6,509,000 won as of 2013. In contrast, [...]
SEOUL, May 30 (Korea Bizwire) – 5Rocks (CEO Changsu Lee) announced on May 30 that it has entered into a partnership agreement with HasOffers’ MobileAppTracking (CEO Peter Hamilton), North America’s leading mobile attribution analytics product. 5Rocks’ mobile game analytics and operation service has been fully integrated with MobileAppTracking’s (MAT) mobile attribution analytics, such that MAT clients [...]
SEOUL, May 30 (Korea Bizwire) – From now on, all buildings will be required to disclose their energy consumption information and buildings of a certain size will be mandated to earn energy efficiency certifications. In addition, buildings that undergo energy-saving renovations will get low-cost loans whose interest rate is close to zero. The Ministry of Land, Infrastructure, [...]
SEOUL, May 29 (Korea Bizwire) – Yoon Young-Hwan, founder and chairman of Daewoong Pharmaceutical Co., decided to donate all his stock holdings worth 80 billion won to a foundation and an in-house fund for workers’ welfare. According to the company on May 28, the chairman would establish the Seokcheon-Daewoong Foundation, recapitalize the Daewoong Foundation for educational causes, [...]
SEOUL, May 29 (Korea Bizwire) – The affiliate companies under the direct control of Yoo Byung-eun, the former chairman of Semo Group, are expected to go bankrupt sooner or later. That’s because major creditor banks has already begun recalling their loans from the major Semo affiliates including Chonhaeji, Ahae, and Jongseok Chemical. For example, Korea Development Bank [...]
SEOUL, May 28 (Korea Bizwire) – For the first quarter of this year, the Chinese bought the largest amount of land in Korea of all nationalities. The Ministry of Land, Infrastructure, and Transportation said on May 28 that the total foreign land holdings as of the end of March were 227.44 square kilometers, accounting for about 0.22 [...]
SEOUL, May 28 (Korea Bizwire) – Beginning in May next year, air-conditioned office buildings will be required to install curtains or blinds to save energy. The Ministry of Land, Infrastructure, and Transportation published on May 28 a revised law on green buildings. According to the new law, buildings with large glass walls are bound by law to [...]
![[Stats] Variation of Household Credit Volume](http://koreabizwire.com/wp/wp-content/uploads/2014/05/가계신용증감액1.png "[Stats] Variation of Household Credit Volume")
[Related Article] Korea’s Household Leverage Exceeds OECD Average (Korea Bizwire, May 28) An analysis that Korea’s household debts have not only exceeded the OECD average but also reached the critical point which could trigger an economic crisis has come out… (see the full text of this news) Infographics Design Team (Infographic@kobizmedia.co.kr)
![[Infographics] If People Avoid Conversation with You, Suspect Bad Breath of Your Mouth](http://koreabizwire.com/wp/wp-content/uploads/2014/05/bad-breath_2.png "[Infographics] If People Avoid Conversation with You, Suspect Bad Breath of Your Mouth")
SEOUL, May 27 (Korea Bizwire) – Have you ever experienced that your companion keeps distance from you when you are talking with them? It may be caused from your bad breath coming from your mouth. Here are the tips for self-diagnosis and prevention of bad breath. With this infographic, recover your confidence while conversing closely [...]
SEOUL, May 26 (Korea Bizwire) – LG Electronics looks to continue the success of its best-selling drum washing machine in the overseas market. Starting from this month, the home appliance company will launch the “Comangs” lines in Taiwan, a highly popular drum wash machine which has been released in Korea in April last year and in China [...]