SEJONG, July 27 (Korea Bizwire) — The last suspected patient of Middle East Respiratory Syndrome (MERS) in South Korea was released from isolation Monday as the country reported no additional cases of the disease for more than three weeks, the government said. The number of people diagnosed with the disease remained flat at 186 for the [...]
SEOUL, July 26 (Korea Bizwire) — Asiana Airlines, South Korea’s second-largest flag carrier, has been sued for allegedly causing serious burns to a female passenger on board one of its planes last year. The passenger in her mid-30s, identified only by her last name Jang, has filed a lawsuit seeking 200 million won (US$171,000) in [...]
SEOUL, July 26 (Korea Bizwire) – Seoul Mayor Park Won-soon said Sunday he will visit Beijing in early August to promote South Korea’s tourism industry hit by the MERS virus that has claimed 36 lives since May. “I will try to help revitalize the tourism industry depressed by MERS and normalize the tourism industry as soon as [...]
“M&As are the most efficient way to improve the competitive power of a company, and result in its growth. In advanced markets, even hostile M&As occur freely. It is true that companies need to understand and protect minority shareholders as well as major shareholders to be fair. But would we need to protect them in [...]
SEOUL, July 24 (Korea Bizwire) – It has been reported that the number of subscribers to North Korean propaganda SNS channels is soaring. As of July 24, there were 11,756 subscribers to a YouTube channel named “uriminzokkiri.” The channel features propaganda video clips about North Korea, and is run by its Committee for Peaceful Reunification. [...]
SEOUL, July 24 (Korea Bizwire) – The Population and Housing Census that is held every five years will be conducted this year as a registration-based census for the first time, using big data such as resident registrations and family relation certificates. Statistics Korea will conduct the census on all Koreans and foreign residents in the [...]
SEOUL, July 24 (Korea Bizwire) – Coupang, an online shopping site, was tops in terms of mobile app users among major e-commerce companies for the past three years. According to market researcher Neilsen Koreanclick, Coupang maintained its top position in the Korean e-commerce industry, including open markets, home shopping and composite online shopping malls in terms [...]
SEOUL, July 24 (Korea Bizwire) — Convenience store operator 7-Eleven has opened a “smart” convenience store where customers can enjoy virtual reality based on IT technologies. On the second floor of its Chinese Embassy store in Seoul’s Myeongdong, 7-Eleven placed six smart tables where customers can enjoy web surfing, gaming and watching Youtube videos in [...]
SEOUL, July 24 (Korea Bizwire) — Wine in a pouch and cup soup are no longer extraordinary food products in Korea, as food manufacturers are employing various other forms of packaging to fit changing trends and customers’ needs. According industry watchers, companies are aggressively introducing food products in new packaging, such as pouch wine, pouch [...]
Gwangju, July 24 (Korea Bizwire) – As a 34-year-old male with no job, ‘Oh’ fell into financial difficulties and credit delinquency after acting as a guarantor for his older sister. Oh came to a bizarre resolution after he was furious with rage when he was constantly called to repay a debt when he didn’t even [...]