SEOUL, March 15 (Korea Bizwire) - South Korea’s high youth unemployment could persist for a while, as Japan’s did, a local think tank warned Tuesday. Asia’s fourth-biggest economy seems to be following in Japan’s footsteps when it comes to the growth trend and demographics, according to a report authored by Ryu Sang-yoon, a senior analyst [...]
SEOUL, March 15 (Korea Bizwire) - Netmarble Games, South Korea’s leading online game developer and publisher, has landed a hit in Japan with its “Seven Knights,” marking a success in its localization strategy, the company said Tuesday. “Seven Knights,” released in Japan on Feb. 5, ranked No. 7 in sales as of Friday on the App [...]
SEOUL, March 15 (Korea Bizwire) – Park Min-seo, on his fifth year working at a large telecom company in Seoul, has his office routine lined up with meetings, report write-ups, client consultations and periodic constructive criticism from his superiors. So to pat himself on the back for surviving a difficult day or week, he occasionally [...]
SEOUL, March 14 (Korea Bizwire) – Beekeeping in urban areas is becoming popular nationwide. Cities are warm and dry, providing an environment suitable for beekeeping. While producing natural honey safe of artificial additives is highly satisfying, the act of beekeeping can be more than just a hobby, offering an additional source of revenue for some. [...]
SEJONG, March 14 (Korea Bizwire) - Nearly half of South Korean men in their 30s are obese, while women have longer legs nowadays compared with 10 years ago, a nationwide survey showed Monday. According to the survey on 6,413 people conducted last year by the Korean Agency for Technology and Standards (KATS), some 52 percent of those [...]
SEJONG, March 14 (Korea Bizwire) – To be reborn as a ‘sleepless’ facility, officials from Incheon International Airport have taken steps to keep stores open 24 hours a day, increase the number of late night buses, and most importantly, build a 60 room capsule hotel. For the convenience of passengers transiting through Incheon airport, Walkerhill [...]
SEOUL, March 14 (Korea Bizwire) – An experiment has been conducted to see if readers could discern the difference between articles written by robots and humans. In the study, participants were shown five articles written by robots about a baseball game. The results revealed that only 46 percent of the respondents could tell that they [...]
SEOUL, March 14 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s most popular mobile messenger Kakao Talk, said Monday that it has teamed up with a Chinese conglomerate to bring its online webtoons to the rapidly-growing market. Under the deal with Huace Group, one of China’s leading entertainment groups, five of Kakao’s Daum [...]
MOKPO, March 14 (Yonhap) – The U.S. Navy cruiser Mobile Bay, which arrived in the southwestern port city of Mokpo over the weekend to take part in a combined exercise, opened to the public on Monday. The 9,957-ton Ticonderoga class guided-missile cruiser, which has a cruising speed of 30 knots per hour, was named after the naval [...]
CHUNCHEON, March 14 (Korea Bizwire) – Gangwon Province is prolonging the effective period of the Real Estate Investment Immigration Act at the Alpensia resort in Pyeongchang. The Real Estate Investment Immigration Act was part of a strategy to attract foreign capital investment and successfully host the 2018 Winter Olympic Games. In 2011, Alpensia was designated as one [...]