SEOUL, June 3 (Korea Bizwire) – News consumers showed positive responses to native advertising on news sites, as it offers useful and credible information in the form of news stories, according to a study conducted by the Korea Press Foundation. According to the study surveying 1,033 adults on responses to native advertising, 52.4 percent of readers [...]
SEOUL, June 3 (Korea Bizwire) – While visiting the Hanok (Korean traditional house) Village in Jeonju, Charles Hay, the British Ambassador to Korea, could not hide his amazement at its splendid beauty. Ambassador Hay visited Jeonju on June 2, and enjoyed the traditional beauty of the village. While in the village, he looked around some 700 [...]
“Sepp Blatter’s resignation is quite disappointing and regrettable. As someone who served as FIFA’s vice president for 17 years, I feel responsible (for the scandals). I’ll listen carefully to the opinions of international football leaders before making final decision on running for FIFA presidency.” “Blatter shouldn’t be overseeing finances or elections at FIFA, and people [...]
SEOUL, June 3 (Korea Bizwire) — South Korean tech giant Samsung Electronics said Wednesday it will launch a mobile payment platform in South Korea and the United States around September. Samsung Pay will be available upon the release of Samsung’s next flagship model around September, and the company will gradually expand sales to China, Europe, Australia [...]
SEOUL, June 3 (Korea Bizwire) — South Korea’s consumption of refined oil products rose solidly this year on low crude prices, industry data showed Wednesday, providing some relief to local refiners struggling to cope with slumping exports. Domestic consumption of refined petroleum products reached 283.7 million barrels in the January-April period, up 4.7 percent from [...]
SEOUL, June 3 (Korea Bizwire) — Fears over the Middle East Respiratory Syndrome (MERS) are casting a pall over South Korea’s tourism and retail industries as the respiratory illness does not show signs of a letup, prodding overseas travelers to cancel their trips and locals to abstain from outdoor activities, industry sources said Wednesday. South Korea [...]
SEOUL, June 3 (Korea Bizwire) — South Korean mobile carriers said Wednesday they have opened a unified app store for their smartphone users, as part of an effort to bolster their presence in the growing app content sector dominated by two app giants: Google and Apple. The One Store is a consolidated mobile version of [...]
SEOUL, June 2 (Korea Bizwire) – The new SK Corporation, which will be launched in August after a merger between SK Corporation and SK C&C, aims to achieve 200 trillion won in sales and 10 trillion won in pre-tax profits by 2020. SK Corporation, SK Group’s holding company, and SK C&C, the group’s IT arm, [...]
SEOUL, June 2 (Korea Bizwire) – A recent study showed that smokers or those exposed to second-hand smoke require more anesthetic and painkillers during surgical operations than non-smokers, hinting that exposure to smoking can hinder anesthesia and pain control. According to a May 30 report by Science Daily, Erdogan Ozturk of Bezmialem Vakif University in [...]
SEOUL, June 2 (Korea Bizwire) – Eight Korean retail giants have thrown their hats into the ring in a bid to secure the rights to operate two new duty-free shops in Seoul. Duty-free businesses are considered to be geese that lay golden eggs. According to the Korea Customs Office, as of June 1, the closing [...]