SEOUL, Oct. 21 (Korea Bizwire) – After baby laughter and cooks making delicious food filled TV shows, robots are about to make an appearance. The heroes of tvN’s new variety show, ‘Grandma’s Robot’, are actual robots worth 500 million won each. The program intends to help the elderly living alone in the countryside, and bring [...]
SEOUL, Oct. 21 (Korea Bizwire) – A recent report has found that the quality of life among Koreans was the lowest compared to other members of the OECD. According to a report issued by the OECD entitled ’2015 How’s life?’, the satisfaction level with life among Koreans was 5.80 out of 10, which was lower than [...]
SEOUL, Oct. 20 (Korea Bizwire) – JYP Entertainment, one of South Korea’s three largest entertainment agencies, on Tuesday showcased TWICE, its first girl group in five years. The nine-member act performed tracks from its first album “The Story Begins” at a press event in Seoul. The multinational group, comprised of six South Koreans, two Japanese [...]
SEOUL, Oct. 20 (Korea Bizwire) – As Koreans have started to see holidays as simply a ‘day off’, sales at amusement parks and businesses related to traveling have greatly increased. KB Kookmin Card analyzed big data related to the average daily sales of travel and entertainment businesses during the Chuseok holidays (Korean Thanksgiving) and the [...]
SEOUL, Oct. 20 (Korea Bizwire) – The Cultural Heritage Administration (CHA) announced that next year’s plan for its ‘Vivid Cultural Heritage’ program has been confirmed. The program uses the meaning and value of cultural assets as cultural content, to allow citizens to experience heritage vividly. The CHA selected 88 businesses among 197 applications that were submitted [...]
SEOUL, Oct. 20 (Korea Bizwire) - POSCO Co., South Korea’s largest steelmaker, said Tuesday that it swung to a net loss in the third quarter amid tough market conditions at home and abroad and a one-time charge for a patent suit settlement. Its consolidated net loss amounted to 658.24 billion won (US$582.5 million) during the July-September period, [...]
SEOUL, Oct. 20 (Korea Bizwire) – Samsung SDI Co. and LG Chem Co., South Korea’s two major battery makers, are expanding their product portfolios into flexible cells for wearable devices, a move seen to meet increasing global demand for bendable gadgets such as smartwatches. The two battery-making units of Samsung Group and LG Group said [...]
SEOUL, Oct. 20 (Korea Bizwire) – Authorities are launching a variety of new businesses for the benefit of the nation’s citizens. At Incheon International Airport, the departure process is set to be automated, allowing visitors to check in by themselves. In another example, information on over one million theses that were published in academic journals [...]
SEOUL, Oct. 20 (Korea Bizwire) – Korean boy band ‘BTS’ has received a ‘World Wide Act’ award at the 2015 MTV Europe Music Awards. The World Wide Act awards are given to the ‘most noticeable’ artists in different territories around the world. MTV announced that BTS was selected as the most noticeable artist in Korea [...]
SEOUL, Oct. 20 (Korea Bizwire) – GS Home Shopping, a major South Korean home shopping operator, said Tuesday it has added a Chinese-language shopping channel in Malaysia to target deep-pocketed consumers in the Southeast Asian nation. The retail unit of GS Group joined hands with Astro Malaysia Holdings, a local broadcaster, to launch a shopping [...]