SEJONG, Jan. 18 (Korea Bizwire) – South Korea will impose tougher punishments on disruptive air passengers as part of its efforts to boost aviation safety and curb air rage incidents, the transportation ministry said Monday. The revised aviation law, effective Tuesday, slaps a five year-prison term or a fine of 50 million won (US$41,000) on [...]
SEOUL, Jan. 18 (Korea Bizwire) - The success of the TV series “Reply 1988″ has translated into a widespread demand for retro goods and family values at a time when empathy between generations is harder to come by. Set in the 1980s when South Korea underwent major political and economic changes, the series that ended Saturday [...]
SEJONG, Jan. 18 (Korea Bizwire) – South Korea’s finance minister called Monday for preemptive measures to block any fallout from economic uncertainties including a Chinese slowdown. “Earlier than expected, external downside risks stemming from China are drawing nearer,” Finance Minister Yoo Il-ho was quoted as telling a meeting of senior ministry officials. “We have to [...]
SEOUL, Jan.18 (Korea Bizwire) – SK Telecom announced that it will start accepting reservations for its new private-label smartphone called Sol, which will be released on January 22. The phone will sell for as little as 19,800 won. Sol is a private-label product of SK Telecom, and is manufactured by China’s TCL Alcatel. It is [...]
SEOUL, Jan.18 (Korea Bizwire) – With volunteer work increasingly arranged by citizens instead of government organizations, a change seems to be occurring in the concept of what ‘volunteering’ actually means. The Seoul Volunteer Center announced that it will start its ‘Strength of Citizens’ campaign, in which citizens suggest volunteer projects and gather participants for volunteer [...]
GWANGJU, Jan.18 (Korea Bizwire) – ‘Anger crimes’, in which small arguments or sudden rage lead to extreme actions, are on the rise. Some say that the increase in the number of anger crimes is derived from individual behavior, but experts comment that cases resulting from structural problems in society are increasing. Because societal pressures are [...]
SEOUL, Jan.18 (Korea Bizwire) – With the advancement of technology, not only have methods to prevent and solve robberies evolved, but also the concept of stealing has changed drastically. Yonhap News, a Korean news agency, analyzed how theft has changed throughout the years by interviewing police officers with between 20 and 30 years of experience. Veteran [...]
SEOUL, Jan.18 (Korea Bizwire) – Large discount stores are making changes by launching clothing lines in collaboration with designers. Lotte Mart announced it will sell shirts from designers Han Sang-hyuk and Go Tae-yong at 64 stores across the nation. Han Sang-hyuk is one of the most prestigious mens’ apparel designers, and has worked as a [...]
SEOUL, Jan.18 (Korea Bizwire) – Cosmetics brands that have been mainstays in the Korean market for 10 to 20 years are facing their biggest test – the aging of their target customers. A recent marketing event held by a popular cosmetics brand at a department store only attracted customers in their 60s and 70s, and [...]
SEOUL, Jan. 18 (Korea Bizwire) – The government plans to build business zones this year that are modeled after Silicon Valley in the U.S. and house ventures from home and abroad as part of efforts to help develop a startup hub, the science ministry said Monday. In a New Year’s policy report to President Park [...]