SEOUL, Sept. 21 (Korea Bizwire) – With the 10 day-long Chuseok holiday fast approaching, the South Korean tourism industry finds itself at a critical turning point, with millions of South Koreans deciding between traveling around the country and going abroad. This year’s much anticipated Chuseok holiday, South Korea’s Thanksgiving celebration, is one of the longest in [...]
SEOUL, Sept. 19 (Korea Bizwire) — One might feel a little dazed when dining out in Seoul. Walking by column after column of neon lights advertising a multitude of dining options, all the while breathing in an entire spectrum of scents and odors, diners deliberating on their choices can easily be hit with a strong [...]
SEOUL, Sept. 18 (Korea Bizwire) — Earlier this month, South Korean poet Choi Young-mi caused a storm after publicly posting a plea on her Facebook to ‘five-star hotels, preferably with a swimming pool’ to let her stay for free for a year, while offering in exchange to become an honorary ambassador to promote the hotel. [...]
SEOUL, Sept. 16 (Korea Bizwire) – The recent bust of a gambling ring by South Korean law enforcement agencies has once again turned the national spotlight on the enduring connection between illegal gambling and homemakers. With annual numbers of around 4,000 (number of people discovered by police onsite) involved in illegal gambling in the previous [...]
SEOUL, Sept. 13 (Korea Bizwire) – Facing the challenge of a declining birth rate, the lack of support for breastfeeding in South Korea has emerged as a pressing issue, as mothers and health authorities urge the country as a whole to do more to create a nursing-friendly environment. The medical perks of breastfeeding have been [...]
SEOUL, Sept. 11 (Korea Bizwire) – By announcing a set of regulatory guidelines dealing with the peripherals of the virtual currency market, the South Korean government has made one thing very clear: virtual currency is here to stay. Virtual currency’s proliferation has been rapid since its conception by programmer Satoshi Nakamoto in 2009. His creation, [...]
SEOUL, Sept. 10 (Korea Bizwire) – With a plummeting birth rate and soaring life expectancy, care workers are emerging as one of the crucial professions in an aging South Korea where seniors now account for over 14 percent of the country’s population, but pressing issues such as difficult working conditions and poor treatment still remain [...]
SEOUL, Sept. 8 (Korea Bizwire) – Government funding for startups is bearing fruit after a report released on August 9 by the Korea Institute of Startup and Entrepreneurship Development and the Ministry of SMEs and Startups revealed that government-sponsored startups had hiring increases that were five to six times higher than at small and medium-sized [...]
SEOUL, Sept. 7 (Korea Bizwire) — Just like the phrase ‘Netflix and Chill’ has become an inseparable part of the modern dating culture in the West in recent years, the lexicon of dating has been expanding on the other side of the world in South Korea also. The newly coined phrase ‘You wanna eat ramen before [...]
BUSAN, Sept. 6 (Korea Bizwire) – A bullying case involving a group of female middle school students brutalizing a fellow student in Busan has turned into a national issue as the outpouring of public rage has prompted many to question police competence and juvenile criminal law. On September 1, a group of four girls gave [...]