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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 [...]

First Apartment Complex in S. Korea Coated with Fine Dust Fighting Paint

First Apartment Complex in S. Korea Coated with Fine Dust Fighting Paint

SEOUL, Oct. 31 (Korea Bizwire) — The first apartment complex in South Korea armed with an air filtering function has made its reveal. The Seoul Housing & Communities Corp. (SH) painted the exterior of an apartment complex in Seoul with a type of photocatalyst paint that helps remove nitrogen oxide and sulfur oxides, the main [...]

Kia Motors Launches 2 Programs Targeting Current Kia Owners and Rentals

Kia Motors Launches 2 Programs Targeting Current Kia Owners and Rentals

SEOUL, Oct. 31 (Korea Bizwire) — Kia Motors Corp. will be launching two new “mobility programs,” making it easier for those who currently rent or own Kia vehicles on a long-term basis to have their existing vehicles replaced for newer models. Kia’s “switch” program caters to rentals of the car maker’s new K7 and Sorento [...]

Bodyfriend Introduces World’s First “Brain Massage” Function

Bodyfriend Introduces World’s First “Brain Massage” Function

SEOUL, Oct. 31 (Korea Bizwire) — Bodyfriend Inc., the manufacturer of massage chairs, has revealed that its new massage chairs feature the world’s first “brain massage” function. At a press conference yesterday at the Four Seasons Hotel in Seoul, Bodyfriend introduced the massage chairs equipped with the brain massage function. According to Bodyfriend, the brain [...]

S. Jeolla Province Reviews Feasibility of 1,000 Won Ferry Fare

S. Jeolla Province Reviews Feasibility of 1,000 Won Ferry Fare

SEOUL, Oct. 31 (Korea Bizwire) — Kim Yung-rok, the governor of South Jeolla Province, has called for a review of a possible implementation of a 1,000 won (US$ 0.88) ferry fee for island residents. The municipality of Goheung-gun is pushing for a new measure that would standardize the ferry transportation fee at 1,000 won. The [...]