SEOUL, Jan. 29 (Korea Bizwire) - Debit card use in South Korea continued to rise in 2015 on tax benefits, data showed Friday, in a sign that the direct payment system is taking root in the country. According to the data by the Credit Finance Association of Korea (CREFIA), purchases made with debit cards reached 131.5 [...]
SEJONG, Jan. 29 (Korea Bizwire) - Per capita rice consumption in South Korea hit a record low in 2015 as people added other types of grain products to their diet, government data showed Friday. The average annual consumption of rice per person fell to 62.9 kilograms last year, down 3.4 percent from the previous year’s 65.1 [...]
SEOUL, Jan. 29 (Korea Bizwire) – The Korean cosmetic industry has grown fast thanks to eager Chinese consumers, but the K-beauty boom has given rise to another booming business in the key market: counterfeits. Over the past years, Korean cosmetics have become frequent and common targets in the black market as they have gained popularity [...]
SEOUL, Jan.28 (Korea Bizwire) – A telemedicine system that has voice recognition features has been revealed for the first time in Korea. The system makes it easier for senior citizens to benefit from telemedicine, and has also achieved better results in treating diabetes compared to conventional treatment. The U-Healthcare team at the Seoul National University [...]
ULSAN, Jan.28 (Korea Bizwire) – A Mediterranean marine city inspired by Nice, Venice and other similar municipalities will be created in Ulsan. According to the local government, the establishment of a Mediterranean marine city is still in the planning stages. Authorities plan to make the location into a tourist attraction from the early stages of [...]
SEOUL, Jan.28 (Korea Bizwire) – Data shows that imports of food and medication from 57 countries that are members of the Organization of Islamic Cooperation (OIC) have more than doubled over the past 10 years. However, Korean exports to OIC countries are still negligible, raising the issue of halal assurance in the food and medication [...]
The Justice Ministry said Thursday it has expanded its “visit reservation system” to include more foreign residents in South Korea, effective on Monday, to reduce inconvenience at crowded immigration offices. (Image : Homepage screen capture) SEOUL, Jan. 28 (Korea Bizwire) - The Justice Ministry said Thursday it has expanded its “visit reservation system” to include more [...]
SEOUL, Jan. 28 (Korea Bizwire) - South Korean TV series “Cheese in the Trap” has been one of the most searched foreign soap operas on Weibo, the Chinese equivalent of Twitter, the program’s publicist said Thursday. The series based on the popular webtoon in South Korea was the third and second-most searched keyword of the hour [...]
SEOUL/SEJONG, Jan. 28 (Korea Bizwire) – South Korea’s finance minister said Thursday that the government will make determined efforts to help companies make headway into untapped overseas markets like Iran, and revive exports as Asia’s fourth largest economy strives keep alive its economic momentum in the coming months. “We are facing challenges as uncertainties are [...]
SEOUL, Jan. 28 (Korea Bizwire) – Hani of the girl group EXID will co-host “Baek Jong-won’s Three Great Emperors,” terrestrial network SBS said Thursday. She will join three existing hosts — the celebrity chef Baek and comedians Lee Hwi-jae and Kim Joon-hyun — starting Saturday at 6:10 p.m. Her inaugural episode will cover “doeji galbi,” [...]