SEOUL, Feb.23 (Korea Bizwire) – A picture of a man’s hand holding a mobile phone shaped device that resembles a POS (point of sale) terminal, also known as a credit card machine, created a great buzz on the internet. The user who uploaded the picture on Facebook captioned the photo as a new way of [...]
SEOUL, Feb. 23 (Korea Bizwire) – Shin Won-ho, the producer of mega-hit television drama “Reply” series, didn’t aim too high. Just before the airing of “Reply 1988″ in November, he said in a press briefing, “Hoping the third series to succeed too would be asking too much. If it falls flat, the series will be [...]
SEOUL, Feb.23 (Korea Bizwire) – For the first time in the 27 years since convenience stores were introduced in Korea, sales of boxed lunches climbed to the top, exceeding sales of popular products such as alcohol and banana milk. The increase in the number of one or two person households, which are the target consumers [...]
SEOUL, Feb.23 (Korea Bizwire) – The Seoul Metropolitan Government has selected ‘diginomics’ as a new strategy to boost city growth. With the city currently losing its growth engine, and with the population dwindling and expected to fall under 10 million, diginomics will be counted on to boost growth, create jobs and make the lives of [...]
SEOUL, Feb. 23 (Korea Bizwire) – CJ Group, a South Korean conglomerate with entertainment, movie and food businesses, has seen rapid growth in its advertising revenue over the past decade, figures showed Tuesday. According to data from the Korea Communications Commission, the ad revenue of CJ broadcasting channels, including tvN, Mnet and OCN, jumped almost [...]
ILSAN, Feb. 23 (Korea Bizwire) - Kia Motors Corp., South Korea’s second-ranked carmaker, said Tuesday that it has received around 5,700 preorders for the new Mohave large-size sport utility vehicle since last September when its temporarily halted production resumed. Of the total customers, over 80 percent were men, indicating that its flagship SUV model is [...]
SEJONG, Feb. 23 (Korea Bizwire) – South Korea will lodge a formal complaint against China over its new battery subsidy rules found to be unfavorable for South Korean companies at bilateral trade talks next month, the trade ministry said Tuesday. China revised its subsidy rules last month to stop offering incentives to producers of nickel-cobalt-manganese [...]
CHEONGJU, Feb. 23 (Korea Bizwire) - One year after a spike in cigarette prices, the fever to quit smoking has died down with a much fewer number of people joining anti-smoking clinics operated by public health centers, data showed Tuesday. According to the data, only 219 smokers registered with a clinic that helps people kick the [...]
SEOUL, Feb. 23 (Yonhap) – Kia Motors Corp., South Korea’s second-ranked carmaker, plans to launch the Niro subcompact hybrid SUV in Europe in May, appealing to customers in overseas markets with its eco-friendly features, an industry source said Tuesday. The Niro is Kia Motors’s first hybrid dedicated model based on its own production platform. It [...]
SEOUL, Feb.23 (Korea Bizwire) – Young Korean job seekers selected Google as the foreign company that they would like to work at the most. Job portals Job Korea and Albamon conducted a survey on 2,007 university students and job seekers, asking them what foreign company they would like to work at. Google Korea ranked first [...]