SEOUL, Feb. 26 (Korea Bizwire) – According to the National Health Insurance Service, from 2011 to 2016 the number of individuals diagnosed with forward head posture went up from 2.4 million to 2.7 million, an increase of around 300,000 in only five years. With yearly growth in diagnoses of 2.4 percent, expert opinion attributes the [...]
SEOUL, Feb. 26 (Korea Bizwire) – Going forward, egg farms will be required to provide the date when the egg was laid and information on the hen’s living environment on egg shells. The Ministry of Food and Drug Safety stated on February 23 it had issued an official notification regarding modifications to livestock and poultry [...]
SEOUL, Feb. 26 (Korea Bizwire) – Going by the revenues convenience store chain 7-Eleven pulled in from February 9 through 24 – the dates when key South Korean performances were held at the PyeongChang 2018 Winter Olympics – the winter sport category most rooted for was women’s curling. An analysis tracking the fluctuations in sales [...]
SEOUL, Feb. 26 (Korea Bizwire) – Major bookstore chain Kyobo Book Centre’s podcast Nangman Bookstore disclosed that an analysis of sales records of world classics publisher brands from 2008 to last year found that Hermann Hesse’s “Demian”, F. Scott Fitzgerald’s “The Great Gatsby” and Nikos Kazantzakis’ “Zorba the Greek” topped the most-sold list. Readers in [...]
SEOUL, Feb. 26 (Korea Bizwire) – Talks of bringing back trams, retired in November of 1968, have begun in earnest. With a revision to the Road Traffic Act recently passing in a parliamentary committee, the discussion of re-introducing trams to Seoul is gaining steam. Seoul Metro announced on February 25 it will wrap up a [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korean small and medium-sized companies have a harder time borrowing from lenders than companies in other Organization for Economic Cooperation and Development (OECD) economies, official data showed Saturday. According to the Paris-based economic organization and the National Assembly Budget Office (NABO), the loan request rejection rate stood at [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korea’s air passenger traffic reached a new record high last year on growing travel demand, while flight delays declined due to improved schedule management, the transport ministry said Sunday. In 2017, the country’s passenger traffic on domestic and international routes stood at 109.36 million, up 5.2 percent from [...]
SEOUL, Feb. 23 (Korea Bizwire) — South Korea will increase the research and development (R&D) budget for joint defense technology cooperation between civilians and military to facilitate concerted efforts to develop high-tech arms equipment and systems, the commerce ministry said Friday. The Ministry of Trade, Industry and Energy said the basic plan on the joint [...]
SEOUL, Feb. 23 (Korea Bizwire) — South Korean companies that operated factories at the now-shuttered joint industrial park in North Korea will ask the Seoul government next week to travel to the border city of Kaesong to inspect their facilities, a private task force representing the firms said Friday. They will submit the application to [...]
SEOUL, Feb. 23 (Korea Bizwire) — Samsung Electronics Co. said Friday it has chosen a former head of Bell Labs as one of its new outside directors in an apparent move to enhance transparency at the South Korean tech giant. Kim Jeong-hoon, a Korean-American tech entrepreneur who served as president of Bell Labs, will join [...]