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“Health Insurance” Policy for Korean Cattle Introduced Following Outbreak of Foot-and-Mouth Disease

“Health Insurance” Policy for Korean Cattle Introduced Following Outbreak of Foot-and-Mouth Disease

SEOUL, Feb. 20 (Korea Bizwire) – Following criticism of recurrent foot-and-mouth disease outbreaks in South Korea, the Ministry of Agriculture, Food and Rural Affairs announced Sunday that it will introduce a pilot project for a mutual aid system that will function much like a health insurance policy for cattle.   The “premiums” will be split fifty-fifty [...]

Incheon Airport Sees Record Number of Daily Passengers

Incheon Airport Sees Record Number of Daily Passengers

SEOUL, Feb. 20 (Korea Bizwire) – Incheon International Airport, South Korea’s main gateway, saw its record number of daily passengers renewed this week, airport officials said Monday, with a large number of spring vacation travelers.  The number of passengers arriving at and departing from the airport reached 200,868 on Sunday, the highest daily tally since [...]

Naver Dominates Korean Advertising Market

Naver Dominates Korean Advertising Market

SEOUL, Feb. 20 (Korea Bizwire) – A new report has once again highlighted Naver’s dominant position in South Korea in terms of advertising revenue. MezzoMedia, a digital marketing agency, categorized revenue into three types – PC display ads (DA), mobile display ads, and video ads.  For PC DA, which mainly include online banners, Naver outperformed [...]

Less Than 1 in 5 Medical Device Companies to Increase R&D Positions: Survey

Less Than 1 in 5 Medical Device Companies to Increase R&D Positions: Survey

SEOUL, Feb. 20 (Korea Bizwire) – Less than one in five South Korean manufacturers of medical supplies and equipment said they plan to increase new research and development (R&D) jobs, a survey showed Monday, despite the government’s push to become a global biotech and medical industry hub.  According to the survey by the Korea Medical [...]