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More Transparency for Bank Loan Interest Rates

More Transparency for Bank Loan Interest Rates

SEOUL, Jun. 18 (Korea Bizwire) — Starting as early as the latter half of the year, consumers who have taken out bank loans will be able to request information from banks as to how their interest rates are being calculated. In addition, a detailed breakdown of interest rates for each bank to be publicly announced [...]

Models Showcasing Runway Walks to Mark “Car-free Street Day”

Models Showcasing Runway Walks to Mark “Car-free Street Day”

SEOUL, Jun. 17 (Korea Bizwire) — In celebration of Seoul’s “car-free street day” which comes on every Sunday for this year (from April to October), the city government arranged for ‘street fashion show’ on a road at Sejong-daero in Seoul on June 17. The event, “Seoul 365-Car-free Street Fashion Show,” was designed to showcase the [...]

New Campaign Gives Abandoned Dogs a Chance for a New Home

New Campaign Gives Abandoned Dogs a Chance for a New Home

SEOUL, Jun. 15 (Korea Bizwire) — The Seoul Metropolitan Government announced today plans to operate a program that would allow Seoul residents to take a stroll in the park with abandoned dogs before making a decision whether or not to adopt the animal. The adopt-a-dog campaign is scheduled to take place at two venues in [...]

BLACKPINK Returns with New Album to ‘Hit You with That Ddu-du Ddu-du’

BLACKPINK Returns with New Album to ‘Hit You with That Ddu-du Ddu-du’

SEOUL, Jun. 15 (Korea Bizwire) — Returning from a one-year hiatus following the release of its previous single, successful K-pop girl group BLACKPINK on Friday dropped its new EP, led by the track “Ddu-Du Ddu-Du,” which comes with a choreography of finger guns to match that shooting sound. The new EP, “Square Up,” is the [...]

Bukchon Hanok Village to Implement “Visitation Hours”

Bukchon Hanok Village to Implement “Visitation Hours”

SEOUL, Jun. 15 (Korea Bizwire) — Bukchon Hanok Village, a major tourist hot spot in Seoul, will be implementing “visitation hours,” barring visitors from touring the area early in the mornings and at night. The measure stems from complaints of loud noise and invasion of privacy from Bukchon residents. The local governments of Seoul and [...]

Government Bans Coffee Products from Schools

Government Bans Coffee Products from Schools

SEOUL, Jun. 14 (Korea Bizwire) — Starting in mid-September, the sale of coffee products will be banned from all schools in the nation. According to the Ministry of Food and Safety, the special revised law pertaining to food safety for children will come into effect on September 14. According to the newly revised law, coffee [...]

Vending Machines to Start Selling Beef

Vending Machines to Start Selling Beef

SEOUL, Jun. 14 (Korea Bizwire) — Starting at the end of this month, beef will be available through IoT-based vending machines for purchase by consumers. The measure is aimed at relaxing measures previously binding the livestock industry while helping consumers gain easier access to beef. When beef goes on sale at vending machines, consumers will [...]