SEOUL, July 21 (Korea Bizwire) – As cases of missing dementia patients increase, the Korean government is teaming up with police services and a mobile carrier to develop a location position system to easily track down lost patients. The Ministry of Science, ICT and Future Planning signed an MoU with SK Telecom, Jeonnam Provincial Police Agency [...]
CHEONGJU, July 21 (Korea Bizwire) – A public servant in Cheongju has donated the money he saved from quitting smoking 10 years ago. He has been saving 3,000 won every day as his “cigarette price” for the past 10 years. Byeon Chang-soo, 56, who works at the city-run Cheongju Land, made a donation of 5 million [...]
SEOUL, July 20 (Korea Bizwire) – Thanks to their much-touted health benefits, demand for imported “super grains” is increasing, while Korean crops such as beans are becoming unpopular among Koreans. According to E-mart on July 19, sales of the imported super grains such as quinoa, lentils and chickpeas increased by up to 5 times last year, and they [...]
SEOUL, July 20 (Korea Bizwire) – Hanwha Chemical has launched the unified Hanhwa Compound by merging its chemical compounds business operator Hanhwa Next with Hanwha Compound on July 19. Chemical compounds are used to make automotive and electronics parts and construction materials, and the merger of the Hanwha units was designed to increase management efficiency by unifying [...]
SEOUL, July 20 (Korea Bizwire) – With the increase of so-called “home alone” people or single-person households, a wave of change is coming to Koreans’ consumption patterns, and it is affecting the stock prices of related industries. Restaurants or karaoke rooms for one visitor are already thriving in Korea, and various ‘home alone’ products such [...]
SEOUL, July 20 (Korea Bizwire) – Sales of “mini fruits” that are easy to eat and don’t require peeling, such as blueberries and cherries, are increasing among single and two-person households. According to the Rural Development Administration, which surveyed fruit consumption trends in urban households from 2010 to 2014, per capita purchases of blueberries increased by [...]
Seoul, July 20 (Korea Bizwire) – Among the domestic cars launched during the first half of the year, the Tivoli from Ssangyong Motor was selected as the best car. Among foreign cars, a new Landrover model was selected. According to a survey conducted by SK Encar, 42.3 percent of the 345 male and female adult respondents selected [...]
Seoul, July 20 (Korea Bizwire) – The Ministry of Unification and Jeil Worldwide have announced the launch of a project called ‘The Piano of Unification’ to draw interest to the topic of unification, and celebrate the 70th anniversary of Korean independence. ‘The Piano of Unification’ project will feature a piano made from the barbed-wire fence dividing [...]
Seoul, July 20 (Korea Bizwire) – The polarization of consumption is intensifying in the deflated economy as the number of ‘For Me’ spenders – those who spend money generously on what they want and what makes them happy – are increasing. NH Investment & Securities observed that “‘For Me’ spenders are showing a tendency of [...]
Seoul, July 20 (Korea Bizwire) – Consumer “A” bought a pair of shoes for 249,000won last month. When “A” received the shoes, “A” didn’t like the design and requested a refund. However, the seller rejected the request, saying the shoes were not refundable because they were tailor made. As the number of people purchasing shoes [...]