Korea In Depth Archives | Page 19 of 20 | Be Korea-savvy

Archive by category Korea In Depth

[Kobiz Feature] Easing Parallel Import, More Options for Customers

[Kobiz Feature] Easing Parallel Import, More Options for Customers

SEOUL, Korea, April 11 (Korea Bizwire) – As the Korean government decided to ease process and regulations on parallel importing and direct purchasing, consumers are expected to have more choice selecting import goods at lower prices. By lowering entry barriers to the parallel importing market and expanding the items for overseas direct purchasing, the April [...]

[Kobiz Feature] “Avengers 2” Shooting in Seoul Arouses Mixed Reactions

[Kobiz Feature] “Avengers 2” Shooting in Seoul Arouses Mixed Reactions

SEOUL, Korea, April 1 (Korea Bizwire) – As the filming of a Hollywood blockbuster movie began in Seoul last weekend, Seoulites showed mixed reactions to inconveniences caused by blocking traffic for the shootings. The shooting of “The Avengers: Age of Ultron,” began on March 30 at Mapo Bridge and of the nearby small floating island in [...]

[Kobiz Feature] How Unsustainable Factory Farming Can Be?

[Kobiz Feature] How Unsustainable Factory Farming Can Be?

SEOUL, Korea, Mar 18 (Korea Bizwire) – Since mid-January when the first case of bird flu was reported, as many as 10 million chickens and ducks have been killed as part of preemptive measures to contain the spread of the epidemic. Amid the massive slaughter of the fowls, the media is quiet about the travail [...]

Store Clerks, Be Aware of Mystery Shoppers!

Store Clerks, Be Aware of Mystery Shoppers!

SEOUL, Korea, Feb 27 (Korea Bizwire) – Probably you know who “mystery shoppers” are. Now, warfare of nerves is sharpening between store clerks and the mystery shoppers and it is always hot. The mystery shoppers disguising themselves as normal customers by performing specific tasks such as purchasing a product, asking questions, filing complaints or behaving [...]

[Kobiz Feature] Nationalism: Parallels in Olympic Games and Automotive Industry

[Kobiz Feature] Nationalism: Parallels in Olympic Games and Automotive Industry

SEOUL, Korea, Feb 25 (Korea Bizwire) – As most sport games are contested between national teams, they naturally become a matter of national pride. Among them, the Olympic Games are the premier stage of nationalist competition where every country can show their power like a battlefield without firing guns. Likewise, it’s the same in the [...]

[Kobiz Feature] #3 Future of Auto Parts: Responses from Parts Material Suppliers

[Kobiz Feature] #3 Future of Auto Parts: Responses from Parts Material Suppliers

 SEOUL, Korea, Jan 9 (Korea Bizwire) – In a situation where the evolution of the auto parts industry is accelerating rapidly, parts material suppliers are responding in two different ways to catch up with the developments. The first is to form alliances with fellow material developers to step up efforts in reducing the weight. This kind of [...]

[Kobiz Feature] #2 Future of Auto Parts: Three Major Evolutionary Directions

[Kobiz Feature] #2 Future of Auto Parts: Three Major Evolutionary Directions

SEOUL, Korea, Jan 07 (Korea Bizwire) – Efforts by auto makers and parts makers to introduce more and more parts and components lighter in weight in the car have been long-standing. In the past, however, there were many suggestions within the industry that one can improve fuel efficiency through many different ways than lighter-weight parts. But now [...]

[Kobiz Feature] #1 LG Economic Research Institute: Future of Auto Parts Materials

[Kobiz Feature] #1 LG Economic Research Institute: Future of Auto Parts Materials

SEOUL, Korea, Jan 06 (Korea Bizwire) – Future is always hard to predict. In many cases only one or two predictions turn out close to reality out of ten future projections. This is more so in the annals of consumer goods, from the case of the automobile replacing the horse-drawn carriage to the personal computer overtaking the [...]

[Kobiz Feature] “Household Debt”: Time Bomb Waiting to Explode

[Kobiz Feature] “Household Debt”: Time Bomb Waiting to Explode

SEOUL, Korea, Jan 03 (Korea Bizwire) – Last year Korea’s economy was wobbled by the concerns of a tapering of the U.S. Fed’s quantitative easing policy. If the American monetary authorities start reducing the bank’s US$85 billion in monthly bond purchases, the reasoning went, the won-dollar exchange rate would fluctuate wildly and send huge shock waves to [...]