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Boycott of Japanese Products and Services Expands to Travel Industry

Boycott of Japanese Products and Services Expands to Travel Industry

SEOUL, Jul. 12 (Korea Bizwire) — A boycott campaign against Japanese products and services is becoming a nationwide movement. The boycott started after Japan imposed trade restrictions against South Korea. Amid the boycott, a series of statistics show that the number of reservations for trips to Japan has dropped significantly. Hana Tour, the nation’s leading [...]

Gov’t Chooses Site for “Korean Silicon Valley”

Gov’t Chooses Site for “Korean Silicon Valley”

INCHEON, Jul. 12 (Korea Bizwire) — The Korean version of Silicon Valley will be created in Incheon. The Ministry of SMEs and Startups said Thursday that Tomorrow City complex in Incheon’s Songdo District, has been selected as the result of a public offering by local governments nationwide. To this end, the “2019 Start-up Park Creation [...]

AI Speaker ‘Emotional Conversation’ Services Popular Among Solitary Senior Citizens

AI Speaker ‘Emotional Conversation’ Services Popular Among Solitary Senior Citizens

SEOUL, Jul. 10 (Korea Bizwire) — A recent report has revealed that senior citizens who live alone tend to engage in ‘emotional talks’ with artificial intelligence (AI) speakers, where the speaker answers statements like “I am tired” or “How are you feeling?”, three times more often than others. SK Telecom Co. analyzed the pattern of [...]

Foreigners Defaulting on State Health Insurance Fees Required to Cover full Medical Cost

Foreigners Defaulting on State Health Insurance Fees Required to Cover full Medical Cost

SEOUL, Jul. 9 (Korea Bizwire) — Foreign residents in South Korea who default on state health insurance fees will be required to personally pay for all medical costs, the health ministry said Tuesday. Under changes made to the National Health Insurance Act that will go into effect on July 16, foreign nationals who reside in [...]

7 out of 10 S. Korean Tired of the Culture of Celebrating Everything: Survey

7 out of 10 S. Korean Tired of the Culture of Celebrating Everything: Survey

SEOUL, Jul. 5 (Korea Bizwire) — A recent survey has revealed that 7 in 10 South Koreans are sick of various anniversaries such as Valentine’s Day and Pepero Day. According to a survey of 1,000 men and women aged between 13 to 59 nationwide by local research firm Embrain, 69.6 percent of respondents said they [...]

Untact Service Suddenly Popular with 40-somethings

Untact Service Suddenly Popular with 40-somethings

SEOUL, Jul. 4 (Korea Bizwire) — A recent survey has found that “Untact” service, which helps users minimize contact with people and provides services with limited human interaction, increased sharply for customers in their 40s. Hyundai Card, a credit card service provider, unveiled Wednesday the results of its analysis of data on the use of [...]

Gov’t to Set 5-year Plan on Animal Welfare

Gov’t to Set 5-year Plan on Animal Welfare

SEOUL, Jul. 3 (Korea Bizwire) — South Korea’s agriculture ministry said Wednesday it is drawing up a five-year plan on improving the welfare of animals in the country, which will focus on adopting tougher regulations against animal cruelty and providing them with a better living environment. Under the 2020-2024 plan which is anticipated to be [...]

Like Lady Gaga, BTS is Market-changing Force in U.S. Pop Scene

Like Lady Gaga, BTS is Market-changing Force in U.S. Pop Scene

SEOUL, Jul. 2 (Korea Bizwire) — As American pop icon Lady Gaga once inspired the U.S. pop scene to follow her example and find copycats, K-pop boy band BTS stands now as a force that changes the contours of the American pop industry, an American columnist specializing in K-pop said Tuesday. “In the grand scheme [...]

S. Korea-Japan Relations Heading to New Low After Japan’s Retaliatory Step

S. Korea-Japan Relations Heading to New Low After Japan’s Retaliatory Step

SEOUL, Jul. 2 (Korea Bizwire) — The long-fraught ties between South Korea and Japan are plunging to a new low, as their intractable historical issues are bleeding into the economic domain, with voices for reconciliation drowned out by domestic politics, nationalism and mutual distrust. On Monday, Tokyo blindsided Seoul by announcing that it would tighten [...]

In digitized S. Korea, Going Cashless Not an Option

In digitized S. Korea, Going Cashless Not an Option

SEOUL, Jul. 2 (Korea Bizwire) — Throughout history, a new invention or technological advance has often allowed people to carry less with them. For instance, the invention of coins helped reduce the burden of people carrying loads of goods they wished to trade. Just decades ago, it would have been considered unwise, or even unthinkable, [...]