SEOUL, July 4 (Korea Bizwire) – 8PERCENT, a P2P (peer-to-peer) lending company, revealed on July 4 that 30-something men who live in metropolitan areas are their primary investors. P2P lending refers to a system where lenders and borrowers make direct monetary exchanges with one another. A P2P lender evaluates the creditability of potential borrowers applying for [...]
DAEJEON, South Korea, July 4 (Korea Bizwire) – In vivo nanoparticles that can be injected into the body for real-time monitoring of cancer cell metastasis or movement of drugs have been developed by researchers in Korea. On Monday, July 4, Dr. Hong Kwan-su and Dr. Park Hye-sun from the Korea Basic Science Institute and Dr. Seo [...]
SEOUL, July 4 (Korea Bizwire) – More than half of the young jobseekers in Korea are preparing for some kind of examination, particularly the civil service examinations. Most ‘lucky’ new hires who have started careers at large companies as permanent employees tend to stay in their jobs, whereas half of the new employees hired on temporary [...]
SEOUL, July 4 (Korea Bizwire) – Alumni and retired professors from the College of Agriculture and Life Sciences at Seoul National University (SNU) are establishing an agricultural school in Uganda to pass on their knowledge and technical expertise. A group of alumni announced on Sunday, July 3, that they had formed a committee for Uganda’s Sangrok [...]
SEOUL, July 1 (Korea Bizwire) – Seoul Metropolitan Government revealed on July 1 an updated ‘Online Tree Sharing’ website where citizens can donate or adopt a tree. The ‘Online Tree Sharing’ website (env.seoul.go.kr/tree-sharing) supports tree sharing among citizens who own trees at an individual house or a multiplex building but can no longer provide care for [...]
SEJONG, July 1 (Korea Bizwire) – More young Koreans ended up working unskilled labor and temporary contract jobs last year. Employment figures show that many young people of working age even accepted employment opportunities that were far below their qualifications and capabilities. According to a recently published report entitled “Recent Employment Trend of Younger Generation and [...]
SEOUL, July 1 (Korea Bizwire) – The Korean government is allowing some personal information to be used without an individual’s consent in ICT fields including big data, IoT (Internet of Things), and fintech (financial technology), as long as the information does not reveal the person’s identity. The Ministry of the Interior (MOI) announced on Thursday, June 30, [...]
SEOUL, June 30 (Korea Bizwire) – Due to long working hours and an increase in the number of single-person households, sharing dinner as a family is becoming less frequent. A recent study has shown that a man who has dinner alone is 2.4 times more likely to suffer from depression than a person who eats dinner [...]
SEJONG, June 30 (Korea Bizwire) – The South Korean government is promoting a large-scale, public-private joint campaign to establish a new work-life balanced corporate culture. The Ministry of Employment and Labor held the “Second Public-Private Council on Work-Life Balanced Culture” at the Seoul Job Center on Thursday, June 30, along with other relevant authorities and economic [...]
SEOUL, June 30 (Korea Bizwire) – Starting next week, anyone with a low smartphone battery will be able to charge their phone in a taxi, if they get lucky. All they have to do is to watch a short advertisement. The Seoul Taxi Association (STA) announced on Thursday, June 30 that it will launch a pilot [...]