SEOUL, Dec. 21 (Korea Bizwire) – With the end of the year fast approaching, consumer research has shed light on the predispositions of South Koreans towards taking time off work and seasonal activities like gift-giving. From December 7 to 13, online shopping mall Gmarket conducted a survey asking 342 users about their plans for gift-giving [...]
INCHEON, Dec. 20 (Korea Bizwire) — Prosecutors said Wednesday they have uncovered a multimillion-dollar fraud scheme by a cryptocurrency mining agency based here and in the United States that has incurred huge losses for investors around the world. The Incheon District Prosecutors’ Office indicted 21 suspects associated with U.S.-based Mining Max LLC on fraud and [...]
SEOUL, Dec. 20 (Korea Bizwire) — South Korea’s gender equality level increased for the sixth straight year in 2016, as more men took paternity leave to take care of their children, a government report showed Wednesday. According to the report by the ministry of gender equality and family, the nation’s equality index stood at 72.7 [...]
SEOUL, Dec. 20 (Korea Bizwire) — Jeju Air Co., South Korea’s leading budget carrier, said Wednesday it will increase the number of planes in its fleet to 39 next year. On Wednesday, Jeju Air added its 31st plane, the 189-seat B737-800 leased jet, to strengthen services on routes to Jeju Island and Southeast Asian countries [...]
SEOUL, Dec. 20 (Korea Bizwire) – The Seoul city government held an awards ceremony on December 19 where a take-a-number dispensing app and a lost pet locator service took home the top prizes. Six Sejong University students created the dispenser app for use at the Seoul Bamdokkaebi Night Market, a city attraction that brings out [...]
POHANG, Dec. 20 (Korea Bizwire) – An inter-university research team has successfully incorporated motion sensors with morse code to open up the possibility of two-way communication with victims of full-body paralysis. Researchers from Postech and Chungnam National University made the announcement on December 19, with the details of their research included in the scientific journal [...]
SEOUL, Dec. 20 (Korea Bizwire) – The world’s lightest GPS tracker for wildlife monitoring has been developed by South Korean researchers. Weighing only 17g, the new tracker is 8g lighter than what was formerly the lightest tracking gadget in the world, a device manufactured by Canadian firm Lotek. The Ministry of Environment announced on December [...]
SEOUL, Dec. 20 (Korea Bizwire) – Four keywords selected by the agriculture ministry and state-operated entity that sum up the major trends expected to influence the dining industry in 2018 are: “Feel-Good Value”, “Big Blur”, “Dining out at Home”, and “Evolution of Korean Meals”. Announced on December 19, the four phrases were chosen via a [...]
SEOUL, Dec. 20 (Korea Bizwire) – Unbeknownst to the general public, “Train One”, the rail transport of South Korean presidents, was first arranged in 1979. Operating in relative anonymity for 38 years, it was finally unveiled to the public on December 19 through a trip President Moon Jae-in took from Seoul to the east coast [...]
SEOUL, Dec, 20 (Korea Bizwire) — Vietnam was the most visited Southeast Asian country for South Koreans in the first 11 months of this year with more tourists taking advantage of cheaper tickets offered by low-cost carriers, government data showed Wednesday. The total number of South Koreans who visited Vietnam came to 1.71 million in [...]