IDEA KOREA Archives | Page 2 of 34 | Be Korea-savvy

Archive by category IDEA KOREA

Problematic Flies Can Be Eradicated by Natural Enemy Insects

Problematic Flies Can Be Eradicated by Natural Enemy Insects

SUWON, Dec. 18 (Korea Bizwire) – Gyeonggi Agricultural Research & Extension Services has developed an eco-friendly extermination technology to eradicate houseflies, often a problem for livestock farmers, using natural predators. The research center entered an agreement to transfer the breeding technology of ‘Carcinops pumilio’, a natural predator of houseflies, to the private research laboratory Korea [...]

New Pohang Generator Uses Everyday Waste to Produce Electricity

New Pohang Generator Uses Everyday Waste to Produce Electricity

POHANG, Dec. 7 (Korea Bizwire) — The city of Pohang, North Gyeongsang Province will begin operating a generator that uses everyday waste to generate electricity starting next January. The city announced on Thursday that it has invested 153.4 billion won (US$137.1 million) to build the facility as part of a project that kicked off in [...]

Kakao Pay to Allow Users to ‘Sprinkle’ Their Cash with Friends

Kakao Pay to Allow Users to ‘Sprinkle’ Their Cash with Friends

SEOUL, Dec. 4 (Korea Bizwire) — Kakao Pay announced on Monday that it will be adding a ‘sprinkle’ service using its money-wiring function. The ‘sprinkle’ service allows a user to share a certain amount of money with their friends in a KakaoTalk chatroom. The user first selects the number of recipients and the amount of [...]

Emart24 Offers ‘Good Taste’ Guarantee

Emart24 Offers ‘Good Taste’ Guarantee

SEOUL, Nov. 26 (Korea Bizwire) — Emart24, Shinsegae Group’s convenience store chain, is offering a one-month food guarantee service in December that offers customers a full refund if a food product tastes bad, as it plans to attract new customers and stimulate franchise activities. All refund costs will be paid by Emart24. The food guarantee [...]

Shinsegae TV Shopping Sells Movie Tickets in Industry First

Shinsegae TV Shopping Sells Movie Tickets in Industry First

SEOUL, Nov. 26 (Korea Bizwire) — Shinsegae TV Shopping, the home shopping arm of retail giant Shinsegae, showed outstanding performance in movie ticket sales as it adopted a new strategy by inviting a popular movie star to host a home shopping program that sells movie tickets. Shinsegae TV Shopping attracted more than 500,000 people to [...]

Octopus Farming Taps into Motherly Affection to Increase Output

Octopus Farming Taps into Motherly Affection to Increase Output

  SEOUL, Nov. 21 (Korea Bizwire) — Motherly love turns out to be one of the keys to the successful development of octopus aquaculture. Releasing female octopuses full of eggs into the wide mud flats off the South Korean coast has contributed to huge improvement in octopus aquaculture, according to a report from the Institute [...]

Proposed Law Has Divorced Spouses Sharing Pension Funds After One Year of Marriage

Proposed Law Has Divorced Spouses Sharing Pension Funds After One Year of Marriage

SEOUL, Nov. 19 (Korea Bizwire) — A new law that would entitle each spouse to half of the other’s national pension funds upon divorce after a marriage period of one year or longer is being pushed forth. Under current laws, couples must be married for five years of more to be entitled to the same [...]

Successful Cooperation Profit Sharing Relies on Participation of Large Corporations

Successful Cooperation Profit Sharing Relies on Participation of Large Corporations

SEOUL, Nov. 7 (Korea Bizwire) — The South Korean government is striving to come up with alternative profit-sharing schemes between large corporations and small-and-medium-sized companies with the intention of promoting a more horizontal relationship between them. The government is also looking to implement a coexistence model where both large corporations and SMCs can achieve a win-win [...]