SEOUL, May 20 (Korea Bizwire) — More than 10,000 animals were killed on Seoul roads over the last three years, according to Saenuri Party member Lee No-geun on May 18. The number of road kills in Seoul was 11,869 from 2012 to 2014. An average of 10.7 animals were killed on the road every day. Among [...]
SEOUL, May 20 (Korea Bizwire) — The Korean government is set to mark used cars with a red license plate and apply a three-strikes law to used car dealers who swindle their customers, according to congressman Kim Seong-tae who presented plans on May 18. As used cars are sometimes smuggled into other countries or used [...]
SEOUL, May 20 (Korea Bizwire) — Flying of drones within 2km of airports in Korea will soon be technically impossible. The Seoul Regional Aviation Administration said on May 18 that it has agreed with Chinese drone manufacturer DJI to start a program that automatically shuts down drones within 2km of airports. The program will be installed [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s securities transaction tax revenue will likely shoot up in 2015 from a year earlier as the recent stock market rally has led to explosive growth in trading volume, industry data showed Wednesday. According to the data, the government is expected to collect some 4 trillion won (US$3.67 [...]
SEOUL, May 20 (Korea Bizwire) — A Korean-born American pop star publicly apologized Tuesday for evading compulsory military service 13 years ago and appealed for a chance to get back to Korea to correct his past misdeeds. Steve Yoo, who is better known as Yoo Seung-jun in Korea, was banned from entering the country after acquiring [...]
SEOUL, May 20 (Korea Bizwire) — For Yang Jun-mo, a 26-year-old graduate student in Seoul, visiting a neighborhood convenience store for light snacks is a daily routine. But every time, there is one thing that grabs his attention: his favorite brands of bread come with collectible stickers of emojis from free mobile messenger KakaoTalk. “It kind [...]
SEOUL, May 19 (Korea Bizwire) — South Korea’s leading carmaker Hyundai Motor is considering a plan to build a third plant in India as part of efforts to expand its presence in the world’s second most populous country, the chairman of its parent group said Tuesday. Hyundai Motor, the flagship of the world’s fifth-largest auto [...]
“Counterfeit goods are an inevitable part of economic development but are still like rotten apples. Time is needed to ultimately solve the problem. Counterfeits tend to be most rampant when an economy’s per-capital gross domestic product is at the US$5,000-level. China is going through such a phase that advanced economies like Europe and the United [...]
SEJONG, May 19 (Korea Bizwire) — South Korean female workers lagged far behind their male counterparts in wages in 2013, government data showed Tuesday, highlighting a deep gender gap in the country’s workforce. The average salary of a female worker reached 21 million won (US$19,200) in 2013, just 57.5 percent of what a male counterpart [...]
SEOUL, May 19 (Korea Bizwire) – SK Telecom, South Korea’s top mobile carrier, said Tuesday it will start selling a new rate plan that offers unlimited calls and text messages and charges only based on the amount of downloaded data, joining the race with two local rivals as mobile trends shift to data-focused services. The [...]