BEIJING, June 14 (Korea Bizwire) – China welcomed former basketball star Dennis Rodman’s visit to North Korea Wednesday, saying it supports efforts to build ties between Washington and Pyongyang. Lu Kang, spokesman of China’s foreign ministry, made the remark in response to a question about whether Beijing views this week’s trip by Rodman and the [...]
GYEONGGI, June 14 (Korea Bizwire) – From accountants to lawyers, Gyeonggi Province is accelerating its efforts to give opportunities to volunteers to share their specialized skills in the fields of medicine and law for the benefit of socially marginalized groups in the local community. After the appointment ceremony of labor attorneys, which will be held on [...]
SEOUL, Jun. 14 (Korea Bizwire) — The rise of fintech is reshaping the landscape of the South Korean financial industry. Fintech, a portmanteau of the words ‘finance’ and ‘technology’, refers to the use of IT services to replace traditional human-based processes or interaction, examples of which include internet payment systems such as Paypal. Similar services [...]
SEOUL, June 14 (Korea Bizwire) – Seven out of 10 people who abused elderly people were family members last year while the number of such cases increased, according to a survey revealed Wednesday by the welfare ministry. Out of 12,009 reported cases in 2016, 4,280 were confirmed by judiciary institutions as elder abuse, up 12.1 percent from a year earlier, according to the report. The victims were [...]
SEOUL, Jun. 14 (Korea Bizwire) — Korea Airports Corporation’s (KAC) aviation training center opened at Gimpo International Airport on Tuesday amid growing concerns over the shortage of pilots South Korean airlines have been experiencing in recent years. The newly opened center boasts 4,000 square meters of training area and is equipped with training jets and [...]
JEONGEUP, NORTH JEOLLA, Jun. 14 (Korea Bizwire) — As Jeongeup City in North Jeolla Province is set to move forward with plans to build a farm animal theme park, the local government is facing accusations of animal abuse from both progressive civic groups and political parties over a proposed bullfight stadium. Jeongeup City’s building project, [...]
SEOUL, Jun. 14 (Korea Bizwire) — The steady increase in the popularity of cycling as a recreational activity has engendered a corresponding increase in the number of accidents involving cyclists, prompting the Ministry of the Interior (MOI) to announce plans for a major safety overhaul of bike lanes. According to an announcement made by the [...]
SEOUL, June 14 (Korea Bizwire) – The number of South Korean skin cancer patients has spiked nearly 40 percent over the past four years, flirting with the 20,000 mark, apparently due to increased sunlight exposure, data showed Tuesday. Skin cancer patients in the country numbered 19,435 at the end of last year, up 38 percent from four years earlier, according to the data from the Health [...]
SEOUL, June 14 (Korea Bizwire) – South Korea’s major offline insurers have emerged as major players in the country’s online life insurance market, data showed Tuesday, as they focused marketing activities on savings-type policies, which life planners shun due to low commissions. Kyobo Lifeplanet Life Insurance Co., an Internet arm of Kyobo Life Insurance, became the largest online life insurer with the initial premium payments of 1.28 billion won (US$1.1 million) [...]
SEOUL, Jun. 13 (Korea Bizwire) — The Seoul Metropolitan Government is holding an online vote until the end of June to gather opinions on hot social issues ranging from pet cremation to a ban on public smoking, the results of which will be reflected in the city’s policy making. The Seoul government received 175 policy [...]