BUSAN, March 29 (Korea Bizwire) – With crimes targeting convenience stores on the rise, the Busan Metropolitan police Agency announced yesterday plans to ramp up security of vulnerable retail business establishments. South Korea has experienced an increase in crimes targeting convenience stores as of late, and local police forces are now teaming up with major [...]
SEOUL, March 29 (Korea Bizwire) – “Iron Fist,” a new original series produced for Netflix, is brighter in tone and more focused on drama than other series based on the Marvel comic book universe on the service, its executive producer said Monday. “I think each of these shows takes its tones from the character. ‘Daredevil,’ [...]
SEJONG, March 29 (Korea Bizwire) – South Korea’s corporate watchdog said Wednesday that it has imposed a combined 1.8 billion-won (US$1.6 million) fine on two duty-free shop operators — Lotte and Shilla — for colluding on discount events. Hotel Lotte Co., the operator of the country’s biggest Lotte Duty Free, and Hotel Shilla Co., the [...]
SEOUL, March 29 (Korea Bizwire) – Hyundai Motor Co., the country’s biggest carmaker by sales, said Wednesday it is considering launching its luxury Genesis sedans in China next year to expand its presence in the world’s biggest auto market. “We have recently set up a task force team under our Chinese operations to push the [...]
SEOUL, March 28 (Korea Bizwire) – As desperate times call for desperate measures, South Korean conglomerate Lotte is doubling down on its all-out efforts to pander to the Chinese market after 87 Lotte Mart stores were shut down by the Chinese government. Lotte’s unexpected move to send its Chinese consumers a message of understanding and [...]
SEOUL, March 28 (Korea Bizwire) – As the Sewol ferry emerges from the depths three years after a tragedy that shook the nation upside down, the public is once again mourning the victims of what is widely seen as an act of gross negligence. Since the raising of the Sewol began last Wednesday, South Koreans [...]
SEOUL, March 28 (Korea Bizwire) – With more than a thousand alternative fuel vehicles sold in the last two months, the city of Daegu is continuing efforts to encourage its citizens to make use of electric cars. Of all 1,379 vehicles carmakers supplied to the southeastern city for private use, over 1,000 vehicles were sold, [...]
SEOUL, March 28 (Korea Bizwire) – Reports of security breach threats to Internet of Things (IoT) devices have tripled over the last year, according the Korea Internet & Security Agency. The KISA said yesterday that a total of 362 complaints were filed regarding security concerns, jumping 280 percent from last year’s 130. Reports of security vulnerability [...]
SEOUL, Mar. 27 (Korea Bizwire) — Sexism is rife in Korean TV dramas, a recent report of gender equality in the media from the Korean Institute for Gender Equality Promotion and Education (KIGEPE) has found. The KIGEPE’s monitoring of gender equality in the media revealed six out of ten female characters in Korean drama series tend [...]
SEOUL, Mar. 27 (Korea Bizwire) — A much-anticipated sky lantern event sold out the first round of 1,500 tickets only 30 seconds after sales began, and now complaints are mounting among those who failed to secure a ticket. Colorful Merrymaking is an annual sky lantern event which is held by the Daegu Metropolitan City and the [...]