DAEGU, May 24 (Korea Bizwire) – An increasing number of medical tourists from foreign countries are visiting Daegu, surpassing 20,000 for the first time last year. Daegu had nearly 21,000 overseas patients in 2016, up 62.5 percent compared to the year before, making the city the biggest medical tourism destination apart from the Seoul Capital [...]
SEJONG, May 24 (Korea Bizwire) – The number of childbirths in South Korea sank for the 16th consecutive month in March as the country is struggling with a continuing trend of late marriage and a rapidly aging population, a government report showed Wednesday. About 33,200 babies were born in March, down 13.1 percent, or 5,000, [...]
SEOUL, May 24 (Korea Bizwire) – Naver Corp. was picked as the top firm for its business performance among the country’s major 500 companies, data showed Tuesday, beating Samsung Electronics Co. According to the data compiled by industry tracker CEO Score, South Korea’s No. 1 Internet portal operator received top remarks in a business evaluation that centered on eight areas, including earnings, investment, job creation and transparency. While Naver stood as the [...]
SEOUL, May 24 (Korea Bizwire) – A Seoul-based cultural foundation has opened a photo and video contest about Korea, aimed at piquing interests among foreigners in the country and offering a chance for a dialogue on how to better promote the country abroad. The Corea Image Communications Institute (CICI), which is holding the contest until July 17, said on Tuesday foreigners living in Korea and Koreans who want to [...]
SEOUL, May 23 (Korea Bizwire) – Industry experts say Microsoft’s much-maligned ActiveX software may be scrapped and replaced with advanced technology such as biometric recognition under the newly elected Moon administration, after being slammed over its security vulnerabilities and widely viewed as plaguing the South Korean web with exhausting and complex online identification processes for [...]
SEOUL, May 23 (Korea Bizwire) – South Korean formed a policy consultative body to actively deal with the global WannaCry ransomware attacks that have affected the country along with the rest of the world, the government said Tuesday. The body is made up of government officials, researchers from state-run tech institutes, including the Korea Internet [...]
SEOUL, May 23 (Korea Bizwire) – K-pop girl group TWICE has sold more than 1 million copies of its five albums so far, a rare feat for a girl group that debuted less than two years ago, its agency said on Tuesday. JYP Entertainment said the nine-member act has sold an accumulated 1.24 million copies [...]
SEOUL, May 23 (Korea Bizwire) – As concerns over fine dust problems are seeing the newly formed Moon administration act swiftly to improve air quality, including closing down aging coal-fired power plants, eco-friendly solar energy businesses are attracting attention as a new private business model. According to renewable energy industry experts, private citizens with no [...]
SEOUL, May 23 (Korea Bizwire) – Sales of organic food products in South Korea have nearly halved in recent years, as the long-term economic slump sees more and more consumers in the country hesitate to open their wallets for eco-friendly and chemical-free produce. What was once fast becoming a popular lifestyle choice on the back [...]
SEOUL, May 23 (Korea Bizwire) – A new report has revealed that South Koreans on average receive pension benefits that are significantly lower than the average income in the country before retirement, making the lives of retirees harder for those who rely on pensions. According to an audit report on the national pension system released [...]