SEOUL, May 26 (Korea Bizwire) – Hyundai Economic Research Institute has published a report “Korea’s Social Capital Index” on May 25, comparing the index of Korea with those of 32 Organization for Economic Cooperation and Development member nations. Of the components of social capital, the report defined 15 indexes each for private and public social capital. The [...]
SEOUL, May 26 (Korea Bizwire) – What’s the future like? That’s the question we have asked to ourselves since childhood. The Korean Ministry of Science, ICT, and Future Planning asked the same question to people and published the survey results on May 25. According to the ministry, it conducted a survey “General Perceptions on Future Society” as [...]
![[Feature] Guerrilla Gardening Catches on in Korea](http://koreabizwire.com/wp/wp-content/uploads/2014/05/5952909494_a3972c5ceb_z.jpg "[Feature] Guerrilla Gardening Catches on in Korea")
SEOUL, May 25 (Korea Bizwire) – Nobody in the world abhors upon seeing fully bloomed roses along garden fences. Even people of hardened hearts smile when offered a bouquet of flowers. Lately there are special groups of people “fighting” with flowers instead of guns. These are so-called guerrilla gardeners. They tend abandoned or underutilized land plots [...]
![[Feature] How to Revive Flagging SME Sector](http://koreabizwire.com/wp/wp-content/uploads/2014/05/SME-800x497.png "[Feature] How to Revive Flagging SME Sector")
SEOUL, May 23 (Korea Bizwire) – The share of the big-three retailers, including Lotte, Shinsegae, and Hyundai, in the nation’s retail market reaches up to 80 percent. Even amid a host of policy measures designed to revive small- and medium-sized merchants, the market is still dominated by a few oligopolistic players. Lim Chae-woon, Professor of marketing at [...]
SEOUL, May 22 (Korea Bizwire) – A study said the total amount of penalties and punitive charges imposed on Korea’s top-30 business groups for the past three years surpassed 2 trillion won. By amount, LG Group topped the list with almost 40 percent in the total. In terms of the number of cases, Samsung Group was ranked [...]
SEOUL, May 22 (Korea Bizwire) – The Fair Trade Commission will abolish all 18 regulatory guidelines that may restrict business activities until the end of the third quarter, at which time new bakeries can be set up within the distance of 500 meters from an existing one. On May 21, the competition authorities said that its “recommendations” [...]
![[Feature] Biogas Technologies That Will Change the World](http://koreabizwire.com/wp/wp-content/uploads/2014/05/7017618_m-800x533.jpg "[Feature] Biogas Technologies That Will Change the World")
SEOUL, May 21 (Korea Bizwire) – Most industrialized countries are today busy developing clean energy sources as a way to prevent climate change-induced catastrophes. Korea is no exception in that the government and the private sector are working together for clean energy development initiatives. At the fifth Clean Energy Ministerial (CEM) held for two days between May [...]
![[Infographics] Detoxify Your Body by Drinking Vegetable!](http://koreabizwire.com/wp/wp-content/uploads/2014/05/detox_English.png "[Infographics] Detoxify Your Body by Drinking Vegetable!")
SEOUL, May 20 (Korea Bizwire) – When your body is filled with toxic substances, you may feel more fatigue and can easily catch various adult diseases like cancers. Also, the toxic substances cause you sleep disorder or even overweight. However, just eating more vegetables can reduce the toxic substances in your body. Those vegetables good [...]
SEOUL, May 20 (Korea Bizwire) –Due to the massive personal information breaches that have occurred this year, major credit card companies such as KB Kookmin Card, Nonghyup Card, and Lotte Card took more than 160 million won in losses from business suspensions. But they are not out of the woods yet given they must face the [...]
SEOUL, May 20 (Korea Bizwire) – As part of the government’s regulatory reform drive, the permission procedure for construction development projects will be drastically simplified. In addition, it would abolish the approval requirements for companies to move in to free economic zones and free trade zones. The Ministry of Trade, Industry, and Energy held on May 18 [...]