SEOUL, Aug. 1 (Korea Bizwire) — A booth representing South Korean video game companies this year at one of China’s biggest gaming expos was told to drop ‘Korea’ from its name to conceal the nationality of the participants amid endless political tension between the two countries, an official from the South Korean organizing body has [...]
SEOUL, Aug. 1 (Korea Bizwire) — More South Koreans are traveling solo to avoid unnecessary stress and focus on resting well, a big data study has revealed. According to data released on Monday by artificial intelligence-based big data analytics company Daumsoft, the number of times ‘traveling alone’ was mentioned on social network services increased notably [...]
SEOUL, July 31 (Korea Bizwire) – Seoul’s subway system continues to receive praise from international media outlets over a number of features including its efficient payment system and wide internet coverage. Seoul Metro said on Sunday that TripAdvisor, one of the largest international travel websites, recommended its users last year to take the subway if they [...]
SEOUL, Jul. 31 (Korea Bizwire) — Thousands of people gathered in the heart of the South Korean capital to take part in a water gun fight in the sweltering summer heat over the weekend. Under the theme ‘aliens versus humans’, this year’s two day-long Shinchon Water Gun Festival proved a hit with young people, attracting [...]
SEOUL, July 31 (Korea Bizwire) – Kakao Bank, South Korea’s second Internet-only bank, said Sunday it has attracted some 800,000 accounts four days since its launch, with combined deposits and loans hovering above 500 billion won (US$445.2 million). The bank said the number of clients came to 826,000 as of 3:00 p.m., with deposits being estimated at 275 billion won. [...]
SEOUL, July 31 (Korea Bizwire) – Rapper T.O.P of popular boy band BIGBANG was ordered by police on Monday to discontinue his duty as a conscripted policeman, an alternative to his mandatory military service, following his conviction for smoking marijuana. The Seoul Metropolitan Police Agency said it held a disciplinary review committee and concluded that [...]
SEOUL, July 31 (Korea Bizwire) – The number of consumer complaints lodged against South Korea’s budget carriers was nearly twice as high as complaints leveled on full-service airlines last year, a consumer rights agency said Monday. In 2016, low-cost carriers (LCC) received a total of 417 consumer complaints, while Korean Air Lines Co. and Asiana [...]
SEOUL, July 31 (Korea Bizwire) – Social network services, particularly messaging apps such as KakaoTalk with popular group chat features, are becoming one of the most popular means of communication among South Korean lawmakers, replacing e-mail and text messaging. Group chat features, which allow people to create a chat room and invite others to have [...]
GYEONGGI, Jul. 31 (Korea Bizwire) — Those living alone are over 10 percent less satisfied with their life than four-person households, a new report has claimed. The report, released by the Gyeonggi Research Institute on the quality of life among residents of Gyeonggi Province, reveals a link between the number of household members and one’s life satisfaction [...]
SEOUL, July 31 (Korea Bizwire) – South Korea’s leading conglomerates had some 116 trillion won (US$103.29 billion) in cash or cashable assets as of the end of March this year, an increase of 54 percent from five years ago, data showed Monday, a sign that the companies remain hesitant about investing. Seventy-two companies were analyzed [...]