INCHEON, Korea, Feb. 28 (Korea Bizwire) – The New York Fashion Institute of Technology (FIT), one of world’s best fashion institutes, will offer courses in Korea from March 2017, choosing Incheon for its first foray into the Asian market. The Incheon Free Economic Zone (IFEZ) announced on February 26 that it signed an MoU with FIT and [...]
“According to Google, 80 percent of Koreans use smartphones, the second highest distribution rate following Singapore. Koreans spend an average of 13.4 hours per week on mobile apps, which is longer than the 9 hours they spend watching TV. They even spend twice as much time on mobile apps than Americans, who spend 6.3 hours [...]
HWASEONG, Korea, Feb. 27 (Korea Bizwire) — Four people were dead and another injured Friday after a shooting rampage in this city south of Seoul, authorities said. Police said they received a phone call around 9:30 a.m., saying the caller’s relative had shot a gun in a two-story residence in the central Hwaseong district of [...]
SEOUL, Feb. 26 (Korea Bizwire) – Divorce lawyers have welcomed the Constitutional Court’s ruling over cheating among marital couples, under the expectation that divorce lawsuits will increase and provide a boost to their practices. A divorce lawyer said, “As the court has ruled adultery unconstitutional, there will be more civil lawsuits over compensation and divorce [...]
SEOUL, Feb. 26 (Korea Bizwire) – Due to climate change, apple cultivation is expected to be limited to certain areas in Gangwon province by the end of the 21st Century. According to the Rural Development Administration (RDA) on February 26, growing areas for other fruits such as pears, peaches and grapes will also decrease after 2050, [...]
“It’s really difficult to give a generous assessment. I’ve seen people give D’s, but strictly speaking, it should be an F.” “The economy is in a crisis, and the ruined livelihoods of ordinary citizens in particular must be tackled at once. It’s extremely important for the president and the leader of the opposition party to [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korea’s Constitutional Court threw out a decades-old law banning adultery on Thursday, reflecting a growing importance of personal choice over marital order in a traditionally group-oriented society. In a 7-2 decision, the nine-member bench ruled that Article 241 of the criminal code was unconstitutional. “The article violates individuals’ freedom [...]
SEOUL, Feb. 26 (Korea Bizwire) – Changes in dining culture in Korea focusing on well-being, as well as a prolonged economic recession and increases of single-person households have led to the closure of family restaurants in Korea. For example, Outback Steakhouse, which led the heyday of the family restaurant industry in the early and mid-2000s, [...]
SEOUL, Feb. 26 (Korea Bizwire) – A special bank has been set up to lend money to poor criminals who are fined but have to endure prison labor because they have no money to pay the penalties. Citizens’ Solidarity for Human Rights announced on February 26 that it established the “Jean Valjean Bank” to help [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korean duty-free retailers Hotel Lotte and Hotel Shilla are competing again to open more stores, this time on the country’s southern island of Jeju, which has become a business hotspot teeming with Chinese tourists who have proven to be zealous shoppers. The two duty-free giants, in addition to local builder [...]