SEOUL, Feb.10 (Korea Bizwire) – The number of households having trouble paying off their debts due to a lack of income is increasing. According to data issued by the Bank of Korea (BOK), the number of households with limited financial ability was 1,580,000 in March 2015, which was 14.7 percent of the 10,720,000 households with [...]
SEOUL, Feb. 10 (Korea Bizwire) – Seoul and Pyongyang are both anticipated to suffer repercussions from the latest decision to “completely shutdown” the operation of the joint industrial complex in the North Korean border city of Kaesong, industry watchers said Wednesday. On Wednesday, the South Korean government said it has decided to indefinitely suspend the [...]
SEOUL, Feb.10 (Korea Bizwire) – With drones at the center of attention as a future growth industry, insurance companies are preparing for serious competition to take the lead in the blue ocean which is insurance for drones. The increasing attention given to drones themselves has provoked interest in the possibility of drone accidents, and indemnity [...]
SEOUL, Feb.10 (Korea Bizwire) – With the increased popularity of ‘athleisure’ clothing, sales of training wear are increasing at online shopping sites. ‘Athleisure’ is a portmanteau derived from the words ‘athletic’ and ‘leisure’, and refers to clothing that is suitable for everyday life as well as leisure activities. According to the online shopping site Auction [...]
SEOUL, Feb.10 (Korea Bizwire) – The Bank of Korea (BOK) will manage a course on economic education at a university. Bank officials announced that they will open a course called ‘Research on Policies and the Market’ at the graduate schools of economics at Yonsei and Sogang universities, and give lectures on macroeconomic theory. Employees from [...]
CORK, IRELAND, Feb. 10 (Korea Bizwire) – SolarWinds, a leading provider of powerful and affordable hybrid IT infrastructure management software, today announced its upcoming participation at Cisco Live!® Berlin, February 15-19 in Berlin, Germany. At the event, the company will unveil its “Network Monitoring For Dummies®,” SolarWinds Special Edition book and exhibit its latest network [...]
SEOUL, Feb.10 (Korea Bizwire) – Presales of books, a system which has been adopted as a marketing tactic by publishing companies, is becoming a trend in the publishing industry. The method, which is increasingly popular, promotes new books about to be released, and at the same time draws the attention of readers, often resulting in [...]
SEOUL, Feb. 10 (Korea Bizwire) – The National Assembly endorsed a resolution censuring North Korea’s recent rocket launch on Wednesday, demanding additional retaliation measures from the Seoul government. The resolution, which was put to a vote during an extra session, was passed 243-0, with five abstentions, three days after the North fired off a long-range [...]
SEOUL, Feb. 10 (Korea Bizwire) – A record number of people traveled through Incheon International Airport, South Korea’s main gateway, over the Lunar New Year’s holiday that ends Wednesday, the airport said. This year, the holiday lasted five days, including the weekend, prompting a large number of people to travel at home and abroad. Between [...]
SEOUL, Feb. 10 (Korea Bizwire) – The South Korean government said Wednesday the local economy remains intact despite the latest provocations made by North Korea, adding it will roll out market stabilization measures in case of any contingencies. “There have been no special trends after North Korea’s missile launch during the holiday,” Vice Finance Minister [...]