SEOUL, May 17 (Korea Bizwire) – BLACKPINK, one of K-pop’s biggest next-generation idol groups, plans to debut in Japan this summer, its agency said Wednesday. YG Entertainment, which represents the four-member team, said the band is scheduled to hold a debut showcase at the Budokan in Tokyo on July 20 and release a Japanese album [...]
SEOUL, May 17 (Korea Bizwire) – Philip Morris International Inc. said Wednesday its new e-cigarette device that contains tobacco leaves will go on sale in South Korea starting early next month. The local unit of the global tobacco company, Philip Morris Korea, said IQOS, the brand of its new tobacco product, will be available in Seoul [...]
SEOUL, May 17 (Korea Bizwire) – SK C&C is launching a new physical distribution service which uses a distributed database system called a blockchain, the company announced yesterday. Blockchain is a groundbreaking technology that allows users to keep a record of all their transactions transparently, in linear and chronological order. Instead of saving information on a [...]
SEOUL, May 17 (Korea Bizwire) – As a growing number of young foreign nationals are struggling to integrate in South Korean society after moving to the country during their adolescence, the Seoul Metropolitan Government is taking matters into its own hands with a new friend matchmaking project. Seoul’s new program will help connect foreign national [...]
SEOUL, May 17 (Korea Bizwire) – Most international students studying in South Korea believe culture and arts are the country’s biggest strengths, a new survey revealed. According to a survey released yesterday by the Institute of International Education at Kyung Hee University, over 30 percent of the 751 students from 46 countries surveyed said culture and [...]
SEOUL, May 17 (Korea Bizwire) – Nearly seven in ten companies in South Korea are not prepared for the fourth industrial revolution, which is reshaping many economies and industries with a range of new technologies, a new report revealed. According to the report released yesterday by the Hyundai Research Institute on the perception of the fourth [...]
SEOUL, May 17 (Korea Bizwire) – SsangYong Motor Co., the South Korean unit of India’s automaker Mahindra & Mahindra Ltd., said Wednesday it has reentered Saudi Arabia after a four-year absence, as part of its efforts to expand into the Middle East market. The sport utility vehicle-centered carmaker withdrew from the oil rich country in [...]
SEOUL, May 17 (Korea Bizwire) – Almost half of South Koreans living alone are skipping breakfast, with a growing tendency of the younger generation to consume more instant meals and less vegetables and fruit, a survey showed Tuesday. Only 53.5 percent of the respondents who live on their own said they have breakfast every day, far lower than the 65.3 percent of people who were asked the [...]
SEOUL, May 17 (Korea Bizwire) – South Korean shipbuilders and related firms sharply reduced the size of their workforces last year in the face of a drawn-out slump, industry data showed Tuesday. According to the data compiled by industry tracker Chaebul.com, the shipbuilding sector slashed its workforce by 8,670 last year, or a 14.8 percent cut. The figure includes regular and nonregular workers. South Korea’s major [...]
SEOUL, May 16 (Korea Bizwire) – Seven Eleven Signature opened today at Lotte World Tower, the world’s very first unmanned convenience store where shoppers can pay with the swipe of their hand, thanks to a biometric verification system that scans palm vein patterns. The vein-scanning self-checkout terminal studies the size, color, and shape of each shopper’s [...]