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More Companies Switching to Blind Hiring for New Recruits

More Companies Switching to Blind Hiring for New Recruits

SEOUL, Oct. 17 (Korea Bizwire) — More local companies are switching to blind hiring for new recruits, looking more at qualifications for required skills rather than alma mater, hometowns and language proficiency, an analysis indicated Wednesday. According to the Korea Economic Research Institute, the surveyed firms mostly adopted blind hiring for select positions. Lotte Department [...]

6 out of 10 Gyeonggi Residents Support New “Local Currency”

6 out of 10 Gyeonggi Residents Support New “Local Currency”

SEOUL, Sept. 13 (Korea Bizwire) –Almost 60 percent of Gyeonggi Province residents support Governor Lee Jae-myung’s plan to introduce a local currency. According to a survey released yesterday, 59 percent of 1,000 Gyeonggi respondents were in favor of the new local currency, which is expected to be launched next year. In addition, 78 percent of [...]

Power Plants Switch to Eco-friendly, Bio-heavy Oil

Power Plants Switch to Eco-friendly, Bio-heavy Oil

SEOUL, Sept. 11 (Korea Bizwire) — A new law will allow bio-heavy oil made from pork fat and other leftover oil to be used to generate electricity in place of petroleum. The Ministry of Trade, Industry and Energy announced yesterday legislation that approves the use of bio-heavy oil to provide a more stable source of [...]

Number of Fathers Taking Paternity Leave Jumps 66 pct on-year in H1: Gov’t

Number of Fathers Taking Paternity Leave Jumps 66 pct on-year in H1: Gov’t

SEOUL, Jul. 23 (Korea Bizwire) — The number of fathers who took time off to take care of their children jumped 65.9 percent on-year in the first half, aided by the government’s increased support for parental leave, the labor ministry said Monday. The number of men who took paternity leave reached 8,463 in the January-June [...]

New System Relies on Big Data to Predict Red Tides

New System Relies on Big Data to Predict Red Tides

SEOUL, Jul. 18 (Korea Bizwire) — The National Institute of Fisheries Science revealed yesterday that it had created a new information system that measures the onset of red tides based on big data. The existing system requires seven to eight hours for analytic results to be released, because the collected data is reported by fax [...]

Sejong to Transform into a Futuristic “Smart City” with Emphasis on Healthcare and the Environment

Sejong to Transform into a Futuristic “Smart City” with Emphasis on Healthcare and the Environment

SEOUL, Jul. 17 (Korea Bizwire) — Sejong, South Korea’s central administrative city, will soon transform into a futuristic high-tech municipality having been designated by the government as a trial space where all aspects of daily life will be incorporated with high technology, the likes of which are commonly found in science fiction films. Yesterday at [...]

Eco-Friendly Fashion Takes Industry by Storm

Eco-Friendly Fashion Takes Industry by Storm

SEOUL, Jul. 13 (Korea Bizwire) – The wave of environmentally friendly efforts that recently hit the retail industry is now making similar strides in the fashion industry. Leading fashion companies have recently launched a series of marketing campaigns that incorporate environmental issues while highlighting lower prices for their products. K2, a popular outdoor brand, has [...]

Record Breaking Number of Foreigners Come to Korea to Learn the Language

Record Breaking Number of Foreigners Come to Korea to Learn the Language

SEOUL, Jul. 13 (Korea Bizwire) — With K-pop music breaking global music records, the number of international students who arrived in South Korea last year to study Korean also reached an all-time high. And for the first time, the number of language students surpassed those who were in the nation to earn an academic degree. [...]

Eating at Home Up After Start of Shortened Workweek

Eating at Home Up After Start of Shortened Workweek

SEOUL, Jul. 11 (Korea Bizwire) — Sales of coupons that can be used at restaurants have declined, newly released data showed Wednesday, a sign that South Koreans are eating more meals at home following the implementation of a shortened workweek. The data compiled by G-Market, a big online shopping platform, showed that sales of e-coupons [...]

More Convenience Stores to Launch Private Label Products

More Convenience Stores to Launch Private Label Products

SEOUL, Jul. 10 (Korea Bizwire) — More South Korean convenience stores are set to launch in-house products as local retailers move to attract more consumers with price competitiveness, industry sources said Tuesday. E-Mart24 Inc., the convenience store arm of South Korean retail giant Shinsegae, said it is planning to unveil its own private label product [...]