SEOUL, March 24 (Korea Bizwire) – A recent report indicates that eight out of ten restaurants nationwide that offer delivery have partnerships with delivery applications. Baedal Minjok, Baedaltong, and Yogiyo issued a joint report that revealed statistics about restaurants offering delivery services. The researchers investigated 702 restaurants nationwide from November 2015 to February 2016, to [...]
SEOUL, March 24 (Korea Bizwire) – Lotte HiMart announced it will be selling the ‘Phantom 4’, a drone produced by DJI, in a first for a large domestic retailer. DJI, the No.1 global drone manufacturer with a share of more than 70 percent of the international private drone market, launched the Phantom 4 at the beginning of [...]
SEOUL, March 24 (Korea Bizwire) – The Seoul Metropolitan Government will provide a large quantity of public rental housing so that young city dwellers will not be forced to move to suburbs due to high rent. If high-density development of areas near important subway stations is allowed like in Japan or Hong Kong, more than 40,000 units [...]
SEOUL, March 24 (Korea Bizwire) – South Korean boy band BigBang has won four awards at China’s 2016 QQ Music Awards, the group’s management said Thursday. The band received the best music video, most popular foreign group and best-selling foreign digital album awards for “Bang Bang Bang,” with its leader G-Dragon being picked as the male artist [...]
SEOUL, March 24 (Korea Bizwire) – Embattled shipper Hyundai Merchant Marine Co. is faced with a series of hurdles toward its normalization as some of its creditors oppose extending part of its maturing debts and its efforts to cut rates paid to the owners of chartered ships made little progress, industry sources said Thursday. According to [...]
SEOUL, March 24 (Korea Bizwire) - South Korean TV sensation “Descendants of the Sun” has been exported to 27 countries and the number is set to grow, its production company said Wednesday. Next Entertainment World said that the burgeoning attention the drama has been attracting overseas raised the possibility of sealing more broadcasting contracts in the [...]
SEOUL, March 24 (Korea Bizwire) – The Cultural Heritage Administration announced that it will perform a reenactment of a ceremony to appoint the chief gatekeeper of Gyeongbok palace (Gyeongbokgung) on March 27 at 2 p.m. The ceremony is an event in which the king appointed the chief gatekeeper, and congratulated his naming. The reenactment will [...]
SEOUL, March 24 (Korea Bizwire) – The ‘K-beauty’ market is expanding its sphere of influence beyond Asia, and reaching out to other global markets. According to Aju News, a Korean newspaper, Korean cosmetics brands are exploring new markets worldwide. As the global interest in K-pop and K-dramas is rising, women all over the world are now looking [...]
SEJONG, March 23 (Korea Bizwire) – The National Fisheries Research & Development Institute announced the development of fishing equipment that allows porpoises to easily escape from fishing nets. Porpoises are small dolphins that live in the seas to the south and west of the Korean peninsula, and are an endangered species internationally. However, about 1,000 porpoises die [...]
SEOUL, March 23 (Korea Bizwire) – Government officials have announced the adoption of a new electronic bond system. Using the new method, ownership can change hands without any the completion of any physical paperwork, as the securities are electronically registered. The Korea Securities Depository (KSD) announced that the bill regarding electronic registration of securities and bonds [...]