Korea Bizwire, Author at Be Korea-savvy
South Korean Retailers Fed Up with Apple’s Overbearing Practices

South Korean Retailers Fed Up with Apple’s Overbearing Practices

SEOUL, Nov. 22 (Korea Bizwire) — South Korean retailers have joined forces to confront Apple’s continuous “gapjil” — a uniquely Korean term referring to the abuse of power by someone against a person in a weaker position — that has put an increasing financial burden on their operations. In a press release from the Korea Mobile [...]

Octopus Farming Taps into Motherly Affection to Increase Output

Octopus Farming Taps into Motherly Affection to Increase Output

  SEOUL, Nov. 21 (Korea Bizwire) — Motherly love turns out to be one of the keys to the successful development of octopus aquaculture. Releasing female octopuses full of eggs into the wide mud flats off the South Korean coast has contributed to huge improvement in octopus aquaculture, according to a report from the Institute [...]

Study Shows 6 Out of 10 Toddlers Use Smartphones

Study Shows 6 Out of 10 Toddlers Use Smartphones

 SEOUL, Nov. 7 (Korea Bizwire) — A recent study has revealed that 6 out of 10 South Korean children under the age of 6 use smartphones, and the age at which children start using smartphones is steadily decreasing. The Barun ICT Research Center at Yonsei University conducted a study on 602 participants with children between [...]

Successful Cooperation Profit Sharing Relies on Participation of Large Corporations

Successful Cooperation Profit Sharing Relies on Participation of Large Corporations

SEOUL, Nov. 7 (Korea Bizwire) — The South Korean government is striving to come up with alternative profit-sharing schemes between large corporations and small-and-medium-sized companies with the intention of promoting a more horizontal relationship between them. The government is also looking to implement a coexistence model where both large corporations and SMCs can achieve a win-win [...]

Civic Action Coalition Calls for Higher Tax Rates for Property Owners

Civic Action Coalition Calls for Higher Tax Rates for Property Owners

SEOUL, Oct. 10 (Korea Bizwire) —Various civic groups that claim the problem of land speculation in Korea cannot be overcome without increasing property holding tax have come together to launch a civic action coalition calling for stronger measures. Civic groups such as Citizens’ Coalition for Economic Justice and Mibyun’s Committee on People’s Livelihood & Economy [...]

Seniors, Low-Income Earners, and Less Educated Individuals Unable to Claim Rights as Consumers

Seniors, Low-Income Earners, and Less Educated Individuals Unable to Claim Rights as Consumers

SEOUL, Oct. 10 (Korea Bizwire) — South Koreans who were older, lower income earners, and with low levels of education were found to have less capacity to understand and utilize consumer information or claim their rights as consumers, according to a survey titled “2018 Consumer Empowerment Index of Korea” conducted by the Korea Consumer Agency [...]

Marriage Visa Rule Change Encourages Korean Spouses to Learn Foreign Language

Marriage Visa Rule Change Encourages Korean Spouses to Learn Foreign Language

SEOUL, Oct. 9 (Korea Bizwire) – A recent legislative change will make it easier for an immigrant spouse to acquire a South Korean visa if his or her Korean partner is willing to learn the spouse’s mother tongue. The Ministry of Justice announced Monday that the Korean language qualification required for a marriage visa will [...]