SEOUL, April 13 (Korea Bizwire) — Bell peppers have become a major food product for local consumption and exports since they were first brought in from the Netherlands 25 years ago, agricultural data showed Friday. As of end-2016, the average individual consumption of bell peppers measured 0.9 kilogram, more than a threefold jump from 0.28 [...]
SEOUL, April 13 (Korea Bizwire) — The majority of recent sexual harassment cases within public sector workplaces supposedly went unreported, a government poll showed Friday. A blind survey on sexual violence in the public sector conducted by the gender equality and family ministry showed that 67.3 percent of alleged victims did not report their experience [...]
SEOUL, April 13 (Korea Bizwire) — Samsung Electronics Co. is focusing on expanding its patent holdings in the United States, industry sources said Friday, amid intensifying industrywide intellectual property rights disputes. The South Korean company held 119,337 patents around the globe as of end-2017, with the U.S. accounting for 46,150, followed by South Korea with [...]
SEOUL, April 13 (Korea Bizwire) — While South Korea’s three big mobile carriers SK Telecom, KT and LG Uplus have trimmed weekly hours and are introducing various working arrangements for greater work-life balance, those on the front lines of the mobile industry are still struggling to do likewise. Double digit working hours are the norm, [...]
SEOUL, April 12 (Korea Bizwire) — A study conducted with 22,374 pregnant women as participants over a recent six-year period has found that 2.9 percent (650 women) had taken acne medication including isotretinoin before, during or after pregnancy. Also called roaccutane in the South Korean market, isotretinoin is a pharmaceutical that treats severe acne problems, [...]
SEOUL, April 12 (Korea Bizwire) — South Korea’s insect industry is on the rise. In North Gyeongsang Province, the number of insect farms increased by 63 percent last year, from 244 to 398 households with an increase of 209 workers. Since 2014, when there were 68 households farming insects, the industry has seen more entrants [...]
SACHEON, April 12 (Korea Bizwire) — Passengers on a new cable car’s trial run at the southern tip of Korea found themselves twice lucky as they were treated to a rare sighting of an endangered porpoise species native to regional waters. The sighting occurred at Sacheon, a coastal city in South Gyeongsang Province. What made [...]
SEOUL, April 12 (Korea Bizwire) — The central bank said Thursday that the South Korean economy is expected to grow 3 percent this year despite rising uncertainties at home and abroad. The Bank of Korea (BOK) maintained its earlier growth forecast made in January, when it adjusted up the growth rate 0.1 percentage point from [...]
SEOUL, April 12 (Korea Bizwire) – Shinsegae Department Store President Jang Jai-yeong was paid the most among South Korea’s retail industry CEOs last year, industry data showed Thursday. Jang received 1.59 billion won (US$1.49 million), with the total breaking down to 929 million won in salary and 669 million won in bonuses. Lee Gap-su, president [...]
SEOUL, April 12 (Korea Bizwire) — Samsung Electronics Co. said Thursday that sales of its premium QLED TVs are growing sharply in the United States, as its products are continuing to carve out larger presences in overseas markets. The South Korean tech giant said sales of the QLED TVs in the United States rose seven-fold [...]