SEOUL, Feb. 4 (Korea Bizwire) – The local floricultural industry is facing a downturn despite the annual graduation season, industry sources said Thursday, due to increasing production costs and stagnant consumption. At a high school graduation ceremony held earlier this week at Changwon, South Gyeongsang Province, 90 percent of the flowers that were being sold [...]
SEOUL, Feb.4 (Korea Bizwire) – Kakao, the Korean internet pioneer, has selected ‘Hair Shop’ as its first O2O (online to offline) business in the beauty sector. Kakao plans to expand its O2O business by releasing new services in the relief driver business and the hair industry. According to industry analysts, Kakao is planning to launch [...]
SEOUL, Feb 4. (Korea Bizwire) – A woman referred to as ‘A’ (49), who kept her husband’s dead body in their house and received his pension for seven years, has been found not guilty of committing fraud. The Seoul District Court ruled that ‘A’ was not guilty, as the date of her husband’s death was [...]
SEOUL, Feb. 4 (Korea Bizwire) - Kang Eun-hee, the newly appointed gender minister, said Thursday she will strengthen parental education to eradicate child abuse in the country. Extreme cases of violence against children have shocked the country every year, with the latest one having surfaced just a day earlier. On Wednesday, a pastor and his wife [...]
SEOUL, Feb.4 (Korea Bizwire) – Data indicates that Chinese tourists who visit Korea often buy instant ramen noodles and almonds at large discount stores. Lotte Mart analyzed purchases made by Chinese tourists at its Seoul Station store. The results showed that sales of instant ramen noodles and almonds ranked first and second. Sales of instant [...]
SEOUL, Feb.4 (Korea Bizwire) – Samsung Electronics revealed a new vehicle called the ‘Samsung Safety Truck’, which was developed to prevent accidents resulting from overtaking. The truck’s distinguishing feature is its ‘smart signage’ in the form of a large commercial display that is mounted to the back of the vehicle. Samsung Electronics revealed a prototype [...]
SEOUL, Feb. 4 (Korea Bizwire) – Iran is seeking a long-term commitment from South Korean firms to invest in the Middle Eastern country as it puts behind crippling international sanctions and strives for sustainable growth, Tehran’s envoy to Seoul said Thursday. In an interview with Yonhap News Agency, Hassan Teherian said Iran wants South Korean [...]
SEOUL, Feb. 4 (Korea Bizwire) – South Korean boy band BigBang has cruised to the top of Japan’s Oricon chart with its new album “MADE SERIES,” its agency said Thursday. The band sold 80,262 copies of the album on Wednesday, the day of its release, and has comfortably sat atop Oricon’s Daily Albums and the [...]
SEJONG, Feb. 4 (Yonhap) – Sales of lottery tickets in South Korea soared to a 12-year high in 2015 on robust demand for online lotteries, government data showed Thursday, amid a prolonged economic slump. Lottery sales stood at 3.56 trillion won (US$2.96 billion) last year, up 8.3 percent from the previous year’s 3.29 trillion won, [...]
SEOUL, Feb. 4 (Korea Bizwire) – LG Electronics Inc. on Thursday released more teasers for its next flagship smartphone set to be released later this month, although it refrained from giving significant details about features or design. The G5 smartphone will be introduced on Feb. 21, a day before the opening of the Mobile World [...]