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Popularity of Shared Workspaces Soars

Popularity of Shared Workspaces Soars

SEOUL, Jan. 16 (Korea Bizwire) — IGIS Asset Management Co. shared a report on Tuesday which analyzes the backdrop and prospects of office sharing in the Seoul Metropolitan Area. According to the report, office sharing accounts for 90 percent of service-oriented office leases in Seoul. Commercial office space is typically divided into general office and [...]

Seoul Launches Educational Program for Grandparents on How to Handle Children

Seoul Launches Educational Program for Grandparents on How to Handle Children

SEOUL, Jan. 14 (Korea Bizwire) — The Seoul Metropolitan Office of Education announced on January 13 that it is developing a six-hour educational program for grandparents raising their grandchildren. From as early as April, trial education programs will be held at five elementary schools. There have been programs to inform parents on how to handle [...]

Study Shows 7 in 10 S. Korean Adults Like Children’s Goods

Study Shows 7 in 10 S. Korean Adults Like Children’s Goods

SEOUL, Jan. 11 (Korea Bizwire) — A new study has revealed that more than 70 percent of South Korean adults over 20 years of age have ‘kidult’ tendencies. Gmarket, a South Korean online shopping mall, conducted a survey of 710 customers, 73 percent of whom said they like products made for children. Among the respondents, [...]

Refurbished Products Increasingly Popular

Refurbished Products Increasingly Popular

SEOUL, Dec. 31 (Korea Bizwire) — A shopping mall specializing in refurbished products has seen its sales soar after selling its goods at bargain basement prices. The company reportedly sold nutrition cream worth 50,000 won (US$44.92) for only 2,500 won (US$2.25) and facial masks worth 1,000 won for just 99 won. These shocking prices spread [...]

S. Korea to Ban Use of Disposable Shopping Bags at Supermarkets Starting Next Year

S. Korea to Ban Use of Disposable Shopping Bags at Supermarkets Starting Next Year

SEOUL, Dec. 31 (Korea Bizwire) — South Korea is to ban big-time supermarkets and retailers nationwide from using disposable plastic bags in an attempt to conserve natural resources and reduce recyclable waste, government officials said Monday. The ban will come into effect on Tuesday as part of a revised law on conserving resources and encouraging [...]

Shorter Workweek Boosts Popularity of Dining E-coupons

Shorter Workweek Boosts Popularity of Dining E-coupons

SEOUL, Dec. 28 (Korea Bizwire) — E-coupons for dining are selling like hot cakes as the end of the year approaches. The increased sales seem to be reflecting the lifestyle changes of many South Korean workers. With employees now limited to 52 hours of work per week, the number of work-related drinking get togethers has [...]

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 [...]