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[In-depth] “KakaoTalk Real Estate” Creates Shock Wave in Real Estate Market

[In-depth] “KakaoTalk Real Estate” Creates Shock Wave in Real Estate Market

SEOUL, Nov. 17 (Korea Bizwire) — A business model called “KakaoTalk Real Estate” is attracting keen interest among real estate industry participants as it is offered much lower rates than currently charged by agents. Amid a controversy following an announcement by the government that it would force the current brokerage commissions to be cut by [...]

[In-depth] SK Group Announces Blueprint to Transform Daejeon into a Silicon Valley

[In-depth] SK Group Announces Blueprint to Transform Daejeon into a Silicon Valley

SEOUL, Oct. 12 (Korea Bizwire) – SK Group will invest more than 90 billion won (US$83.8 million) in the cities of Daejeon and Sejong to transform the areas into a Silicon Valley-like tech hotbed. The group announced its plan on October 10 in a ceremony to launch the Daejeon Creative Economy Innovation Center in which the President [...]

[In-depth] Korean People Who Prefer Cremation to Traditional Burial Increasing

[In-depth] Korean People Who Prefer Cremation to Traditional Burial Increasing

SEOUL, Sep. 13 (Korea Bizwire) - Korean people traditionally have their deceased family member buried at a plot right after a three-day funeral service. The rest of the family members make a grave for him or her in their family burial ground, usually located in their home town or countryside. The place where their loved [...]

[Feature] Sewol Ferry’s Bereaved Families Stage Hunger Strikes at Papal Mass Venue

[Feature] Sewol Ferry’s Bereaved Families Stage Hunger Strikes at Papal Mass Venue

SEOUL, Aug. 7 (Korea Bizwire) – On August 16, Pope Francis will preside over a historic Mass at Seoul’s Gwanghwamun Square to beatify 124 Korean Catholic martyrs persecuted during the Joseon dynasty. But, the Pope is expected to face unexpected guests during the feast of the Catholic Church in Korea. Since July 14, about ten bereaved family [...]

[Feature] Jun Ji-hyun and Kim Soo-hyun under Hot Water for Their Commercial Contract

[Feature] Jun Ji-hyun and Kim Soo-hyun under Hot Water for Their Commercial Contract

SEOUL, June 22 (Korea Bizwire) – Jun Ji-hyun (Jianna Jun) and Kim Soo-hyun, South Korean Hallyu superstars and most sought-after celebrities nowadays, have been in serious trouble for their recently sealed contract with a Chinese company. The famous duo from “My Love from the Star” signed an ad contract with a Chinese mineral water maker Hengda [...]

[Feature] More Korean Companies in China Appreciate the Value of CSR

[Feature] More Korean Companies in China Appreciate the Value of CSR

SEOUL, June 15 (Korea Bizwire) – More and more Korean companies are spending generously on employee welfare and making donations for good social causes. For example, a manufacturer with a production site in China’s Tianjin recently established a building for employees who take turn in three shifts so that they can take ample rest and [...]