DAEJEON, Oct. 23 (Korea Bizwire) – The number of patent applications filed for powered exoskeletons, also known as exosuits, are increasing steadily in South Korea, as the economy shifts towards the so-called Fourth Industrial Revolution. Reports of an increasing number of patent applications for exosuits come with emphasis being placed on the field of robotics, one [...]
SEOUL, Oct. 23 (Korea Bizwire) – Standard Chartered Bank Korea is releasing check cards featuring famous Marvel characters including Hulk and Thor in its latest effort to attract more customers. According to the bank on Monday, check cards and bankbooks designed after Marvel characters including Hulk and Thor have been released in celebration of the release [...]
SEOUL, Oct. 23 (Korea Bizwire) – The Ministry of Health and Welfare has announced it is temporarily allowing deathbed patients to choose whether to continue medical care for life prolongation or not this year, in preparation for the new so-called ‘well-dying’ hospice law entering effect next year. The decision by the health ministry means that from [...]
SEOUL, Oct. 23 (Korea Bizwire) – Members of the ‘YOLO’ tribe, which refers to consumers with a tendency towards impulse buying, are found to be frequent users of coupons, discount deals and secondhand markets, a new report has claimed. According to a report from Innocean Worldwide based on an analysis of big data collected over the [...]
UIJEONGBU, Oct. 20 (Korea Bizwire) – Local governments in Gyeonggi Province are reaping the rewards from transforming deserted places into cultural attractions. According officials from the province and the city of Pocheon on October 20, deserted facilities that were revamped into cultural spaces include abandoned coal mines turned into a Cave Theme Park and Art [...]
SEOUL, Oct. 22 (Korea Bizwire) – With the South Korean launch of the iPhone 8 looming, much attention is being paid to how Apple’s latest phone will affect the domestic mobile communication market in Korea. Some anticipate that cutthroat competition will come about surrounding the abolishment of upper limits on subsidies and the newly instituted 25 [...]
INCHEON, Oct. 22 (Korea Bizwire) – The Nam District Office in the city of Incheon is undertaking a project whereby vacant public houses will be transformed into urban farms. District officials announced on October 20 that they had signed an MOU with the Korea Land and Housing Corporation (LH) for the comprehensive utilization of vacant houses, [...]
SEOUL, Oct. 20 (Korea Bizwire) – South Korea on Friday assured foreign diplomats and executives of foreign companies operating in the country of its efforts to ensure the safety of the 2018 PyeongChang Winter Olympics and Paralympics. The Ministry of Foreign Affairs briefed around 100 diplomats from embassies and business people on the measures being [...]
SEOUL, Oct. 20 (Korea Bizwire) – South Korea’s unification minister met with the head of a U.N. agency on population Friday to discuss Seoul’s possible support for its census on North Korea, government officials said. Minister Cho Myoung-gyon held talks with Natalia Kanem, executive director of the United Nations Population Fund (UNFPA), who is in Seoul for a forum on population, according to the Ministry of Unification. Cho emphasized the [...]
SEOUL, Oct. 20 (Korea Bizwire) – South Korean President Moon Jae-in said during a meeting with senior aides earlier this week that a ‘society where long working hours and overwork are the norm’ must end, while calling for support among lawmakers to pass new labor reforms. Moon’s pledge comes on the heels of growing calls to [...]