SEOUL, May 21 (Korea Bizwire) – South Korea unveiled its “tobacco endgame” plan that calls for adopting uniform, plain packaging for all cigarettes and more graphic warning labels to push people to quit smoking, the government said Tuesday. The comprehensive endeavor, reached by the public health policy review committee, aims to lower the smoking rate [...]
SEOUL, May 20 (Korea Bizwire) — Following the enactment of a new provision that enables value appreciation of chattel mortgages, for items such as factory machinery, when Internet of Things (IoT) systems are in place to manage them, South Korean banks are offering various IoT-based mortgage loan products and services. The Korea Federation of Banks [...]
SEOUL, May 10 (Korea Bizwire) — The Seoul Metropolitan Government (SMG) announced on Thursday that it will give 50,000 won (US$42.46) worth of congratulatory gifts to citizens who adopt abandoned animals under a business agreement with Samsung Card Co., the credit card arm of South Korea’s top conglomerate Samsung Group. Under the agreement, the SMG [...]
SEOUL, Apr. 26 (Korea Bizwire) — The district of Gwanak in Seoul announced on Thursday that it will hold a ‘Trash-Tag Challenge’ to encourage residents to clean up public areas until May 24. Trash-tag is a combination of the words “trash” and “tag,” a term used on social media for tagging keywords. The Trash-Tag Challenge [...]
SEOUL, Apr. 25 (Korea Bizwire) — Last summer, Seoul Mayor Park Won-soon did a ‘one-month stay’ in a rooftop house in Seoul without a single air conditioner. He coursed through the summer’s blazing heat with a single electric fan, gifted to him by South Korean President Moon Jae-in. His modest lifestyle inspired many, particularly when [...]
CHANGWON, Apr. 25 (Korea Bizwire) — Farmland near Junam Reservoir in the city of Changwon, South Gyeongsang Province, a popular destination for migratory birds, will turn into a pesticide-free farming complex that helps both the birds and the environment. Changwon, the Morning of Junam, a farming association, and the Machangjin Federation for Environmental Movement signed [...]
SEOUL, Apr. 18 (Korea Bizwire) — Sookmyung Women’s University (SWU) announced on Tuesday that it had conducted a simulated interview program for job seekers using virtual reality. The program, which runs on virtual reality (VR) technology, brings participants to a virtual interview session, where interviewers are present for a real-time interview. All of the answers [...]
GWANGJU, Apr. 16 (Korea Bizwire) — Local governments, businesses and education authorities have joined hands in developing play education for teenagers by recycling old tires. Gwangsan District in the city of Gwangju said that it will sign a business agreement with Kumho Tire Co., South Korea’s second-largest tiremaker, and the Gwangju Educational Research Information Service [...]
SEOUL, Apr. 15 (Korea Bizwire) — Capt. Heo Jun-nyeong of the 21st Infantry Division of the ROK Army has developed an artificial intelligence (AI) program that can predict the aftereffects of a stroke. The Army announced on Sunday that Heo’s paper on the AI program was published by Stroke, an internationally acclaimed journal on strokes. [...]
SEOUL, Apr. 15 (Korea Bizwire) — South Korean lender KB Kookmin Bank has introduced a new service that allows customers to make withdrawals through hand recognition, instead of having to use a bankbook, stamp or password. The bank announced on Sunday that customers will now be able to make withdrawals at the counter using palm [...]