Korea Bizwire, Author at Be Korea-savvy
Anti-Japanese Sentiment Likely to Throw Cold Water on Pepero Day

Anti-Japanese Sentiment Likely to Throw Cold Water on Pepero Day

SEOUL, Sept. 13 (Korea Bizwire) – Pepero Day, one of South Korea’s biggest marketing events – similar to Valentine’s Day that falls on November 11, is expected to be less successful this year as convenience stores are reluctant to order chocolate sticks from Japan. Pepero Day, the same day celebrated in China as Singles Day, [...]

3 out of 4 Seniors Exposed to Financial Exploitation

3 out of 4 Seniors Exposed to Financial Exploitation

SEOUL, Sept. 13 (Korea Bizwire) —Three out of four senior citizens in South Korea who fell victim to ‘elder financial abuse’, a fast-growing form of abuse of seniors — involving deprivation of income or property, commonly involving trusted persons — were between 70 and 80 years of age, a recent study showed. The Korea Elder [...]

McDonald’s Korea Holds Promotional Event for Corn Pie

McDonald’s Korea Holds Promotional Event for Corn Pie

SEOUL, Sept. 12 (Korea Bizwire) — Thai celebrities and distinguished guests are appearing in a McDonald’s promotion for the company’s new corn pie. McDonald’s Korea held a promotional event titled ‘Corn Pie, the Taste of Thailand’ at a McDonald’s restaurant at Seoul Sangam DMC last Tuesday jointly with the Thai Department of International Trade Promotion [...]

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 [...]