SEOUL, Dec. 18 (Korea Bizwire) – As univeresities continue to go through structural reshuffles and eliminate programs that are widely seen as ‘unpopular’ and ‘unattractive’, discussion is being had acreoss the country over the responsibility of universities as academic institutions. In the midst of the controversy is Seoul Women’s University, where academic departments are being [...]
SEOUL, Dec. 15 (Korea Bizwire) – With less than three weeks left before the end of 2017, not everyone in South Korea is excited about the festive season, particularly young people who are mired in record high unemployment this year. To many people, December is often associated with holidays like Christmas and New Year’s Eve, [...]
SEOUL, Dec. 14 (Korea Bizwire) – Bitcoin fever has officially swept the nation, but accompanying it is a marked increase in illegal activity that has concerned voices wondering whether the government should play a larger role in the industry. Since its invention eight years ago, never has Bitcoin been a topic of greater interest, thanks [...]
SEOUL, Dec. 12 (Korea Bizwire) — A growing number of South Koreans are expressing concern over the soaring cost of living in their country. According to the Worldwide Cost of Living Report 2017 from the Economist Intelligence Unit, the inflation rate in South Korea was highest among the 133 countries surveyed, while it was also [...]
SEOUL, Dec. 7 (Korea Bizwire) – South Korea’s decades-long free subway ride policy for elderly passengers is being met with calls for a higher age threshold, with local public transport operators seeking ways to offset the growing losses. Since its implementation during the 1980s under the Chun Doo-hwan government, the free subway ride policy has been [...]
SEOUL, Dec. 5 (Korea Bizwire) – A survey of prospective car owners has revealed that if prices of both domestic autos and foreign brands are raised by equal amounts, demand for the former will suffer, while consumer proclivity for the latter will actually increase. The domestic auto industry has gone on to say that should [...]
SEOUL, Dec. 4 (Korea Bizwire) – Despite the widespread social stigma surrounding sexual minorities in South Korea, most young people are supportive of the LGBT community, according to a new survey. Nearly 8 in 10 school middle students said they would continue a friendship with someone after finding out they are gay, the survey by the [...]
SEOUL, Dec. 1 (Korea Bizwire) – The debate over ‘no-kids zones’ is heating up after a Korean human rights commission ruled the exclusive policy as discriminatory. The National Human Rights Commission of Korea (NHRCK) announced last week it had advised a restaurant owner to lift a business policy banning children younger than 13 years old. [...]
SEOUL, Nov. 30 (Korea Bizwire) – What a difference a few weeks make. Earlier in the month, the iPhone 8′s launch event via mobile carrier KT brought out a grand total of one person who waited overnight for the release. With consumer sentiment towards the eighth iteration of the smartphone lukewarm for a number of [...]
SEOUL, Nov. 28 (Korea Bizwire) — Seoul Metro announced plans on Monday to ban all plastic surgery advertisements from the city’s metro system by 2020. The latest move by Seoul Metro has been met with praise amid growing criticism over what is known as ‘advertisement pollution’, characterized by the overwhelming number of advertisement images found [...]