SEOUL, Feb.11 (Korea Bizwire) – A law change that will allow officials at public institutions to fill out civil service forms for clients based on their verbal instructions has been enacted, and is expected to lessen the burden on senior citizens and the disabled who often had difficulty filling out forms and other paperwork. At [...]
SEOUL, Feb.11 (Korea Bizwire) – As the period of economic stagnation is dragging on, consumer demand for used or refurbished products (displayed products or returned products that have been fixed) is increasing greatly both online and offline. Sales of used laptops and PCs online have shown a two to threefold increase with the new school [...]
SEOUL, Feb.11 (Korea Bizwire) – With the number of Korean pet-owners now exceeding 10 million, various businesses catering to the needs of pets are appearing. The size of the pet industry was estimated to reach 1.8 trillion won last year. Despite the sluggish economy, ‘petfams’ (a term created by putting together ‘pet’ and ‘family’) are [...]
SEOUL, Feb. 11 (Korea Bizwire) – Prime Minister Hwang Kyo-ahn said Thursday that the government should preemptively deal with the possible outbreak of the Zika virus by strengthening cooperation with international health authorities. “The government should intensify cooperation with the World Health Organization (WHO) and share information with Zika outbreak countries,” Hwang said during a [...]
SEOUL, Feb. 11 (Korea Bizwire) – Seoul Selection said Thursday it has published an English language book on court paintings from the Joseon Dynasty (1392-1910) to introduce more Korean culture and tradition to foreigners. The 170-page book on court paintings, the first part of the series “Visual Korean Heritage,” features the beauty of various court [...]
SEOUL/SEJONG, Feb. 11 (Korea Bizwire) – South Korea’s new economic policy team led by Finance Minister Yoo Il-ho is facing tough challenges as domestic and overseas developments threaten to drag down growth down the road, local observers said Thursday. The warning comes as slowdowns in China and emerging markets, contracting exports and weakening domestic consumption [...]
SEOUL, Feb. 11 (Korea Bizwire) – A local crime comedy film has gathered a record number of viewers over this Lunar New Year’s holiday, data by the official market tracker showed Thursday. “A Violent Prosecutor” was watched by more than 4.76 million movie-goers from Saturday to Wednesday, a record for the holiday known as “Seol” [...]
SEOUL, Feb. 11 (Korea Bizwire) – S.M. Entertainment said Thursday it has formed a strategic partnership with Alibaba Group. Under the deal, the Chinese e-commerce giant will buy 870,000 of S.M.’s newly issued stocks for 35.5 billion won (US$29.8 million), the South Korean management agency said in a regulatory filing. That means Alibaba will own [...]
SEOUL, Feb. 11 (Korea Bizwire) - South Korean panel maker LG Display Co. regained its status as the top seller of Ultra HD panels in the fourth quarter of 2015, industry data showed Thursday, amid the booming popularity of high-end TVs. LG Display shipped 3.98 million units of UHD TV panels in the October-December period, [...]
SEOUL, Feb.10 (Korea Bizwire) – The days of memorizing numbers, or running to the phone booth with a phone number written on a piece of paper are fading into memory. According to data related to the management status of phone booths over the past five years collected by the Ministry of Science, ICT and Future [...]