SEOUL, July 7 (Korea Bizwire) – “What is the use of interest rates if they are already too low? Aren’t you tired of entering long account numbers every time you transfer money?” Kakao Bank, an Internet-only bank, held a presentation to discuss its business model and the future of its services on Wednesday, July 6, at [...]
SEOUL, July 7 (Korea Bizwire) — A 23-year-old named Anne Muhammed from Egypt works as a medical interpreter for Arabic at Seoul National University (SNU) Hospital’s International Healthcare Center. She had been looking forward to the 6th of July, which marks the end of a month-long fasting period for Ramadan, the ninth month of the Muslim [...]
SEOUL, July 6 (Korea Bizwire) – A waxwork of South Korea’s No.1 TV personality and host, Yoo Jae-suk, is being created. To celebrate the one-year anniversary of Grevin Seoul, a wax museum from Paris, PR representatives from Hahm Shout publicly announced on Wednesday, July 6, that the museum plans to make a wax model of ‘National [...]
SEOUL, July 6 (Korea Bizwire) – Starting next year, foreign laborers in Korea will no longer benefit from a policy that allowed them to receive medical treatment for free, and will instead have to pay 20 percent of the total expense. Laborers with foreign citizenship used to receive up to 10 million won ($8,500) for their [...]
JEJU, July 6 (Korea Bizwire) – Caves and geological features of volcanoes on Jeju Island will be put up as candidates for registration as UNESCO World Heritage Sites. The Jeju World Natural Heritage Center revealed on Tuesday, July 5, that it selected Geomunoreum’s upstream caves Utsanjeon, Bukoreum, Daerim, and Socheon Cave in Hallim-eup as candidates. For [...]
SEOUL, July 6 (Korea Bizwire) – Some even say a new era for start-ups began a couple of years ago, as they are gaining popularity, but that doesn’t seem to be the case yet for jobseekers in Korea. While current employees of start-up companies report higher workplace satisfaction than those who are employed at large firms [...]
SEOUL, July 5 (Korea Bizwire) – McDonald’s Korea announced on Tuesday, July 5, that it will launch a “Big Mac Cooking Class” for both children and parents at 70 different locations across the country. The event is part of the company’s “Moms are Surprised” campaign that started in 2013 to publicize the excellence of its ingredients [...]
WONJU, South Korea, July 5 (Korea Bizwire) – As most highway rest areas in Korea offer a great variety of eateries, they are becoming the perfect place for young entrepreneurs to start their businesses, just like an ‘incubator’. The Korea Expressway Corporation’s Gangwon Regional Headquarters announced on Tuesday, July 5, that it is holding a contest [...]
BUSAN, July 5 (Korea Bizwire) – A sailor on Kwang Hyun 803, a 138-ton Korean deep-sea fishing vessel, saved the lives of crewmen from two murderers who fatally stabbed a Korean captain and engineer. When two Vietnamese crewmen decided to attack the captain, a 50-year-old sailor named Lee was taking a break in a cabin room. [...]
JEJU, July 5 (Korea Bizwire) – Jeju Island is expected to see more than 1.5 million cruise visitors next year, in line with the scheduled opening of a civilian-military tourist harbor in the island’s southern city of Seogwipo. The Jeju Provincial Government announced on Monday, July 4, that a total of 26 cruise ships will enter [...]