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Koreans Change Perspective on Divorce, Living Together Before Marriage

Koreans Change Perspective on Divorce, Living Together Before Marriage

SEOUL, Feb. 17 (Korea Bizwire) – In a sign of a shift away from a once highly conservative society, more Koreans are growing comfortable with the idea of divorce, and living together before tying the knot.  Researchers from the Korea Institute of Health and Social Affairs, Seoul National University (Institute for Social Development and Policy [...]

Naver Launches AI Platform that Recommends News Articles

Naver Launches AI Platform that Recommends News Articles

SEOUL, Feb. 17 (Korea Bizwire) – Naver, South Korea’s leading web portal, said Friday that it is launching a beta service for AIRS (AI Recommender System), the company’s up and coming AI system that will now recommend news articles based on one’s web content consumption patterns, time spent, and personal interests.  The company said that [...]

S. Korea Aims to Nurture 100 ‘Star’ Venture Companies by 2020

S. Korea Aims to Nurture 100 ‘Star’ Venture Companies by 2020

SEOUL, Feb. 17 (Korea Bizwire) – South Korea on Friday announced a plan to nurture 100 ‘star’ venture firms in the science and technology sectors by 2020 to secure new economic growth engines.  The Ministry of Science, ICT and Future Planning reported a set of measures to Acting President and Prime Minister Hwang Kyo-ahn to [...]

S. Korea to Deregulate AI, VR, Fintech Sectors

S. Korea to Deregulate AI, VR, Fintech Sectors

SEOUL, Feb. 16 (Korea Bizwire) – South Korea announced plans Thursday to ease regulations on three industries — artificial intelligence (AI), virtual reality (VR) and financial technology, or fintech — as part of the government’s aggressive deregulation drive to find a new growth engine.  The Ministry of Science, ICT and Future Planning reported a set [...]

Businesses Turn to IT Services to Cut Costs

Businesses Turn to IT Services to Cut Costs

SEOUL, Feb. 15 (Korea Bizwire) – IT solutions and services have become a popular go-to for Korean businesses struggling with stagnant growth, allowing them to cut operating costs while boosting productivity. Fuji Xerox Korea is one of the companies that offers such services. The company’s IT solutions focus on integrating multi-function devices with cloud computing, [...]

Government Cracks Down on ‘Green’ Labeling, Advertisements

Government Cracks Down on ‘Green’ Labeling, Advertisements

SEOUL, Feb. 15 (Korea Bizwire) – The government has ruled that clear and objective expressions are mandatory for indicating and advertising products as being environment-friendly. The Ministry of Environment announced on February 14 that it will enact the “Notification on Management System of Indication and Advertisement about Environment Impact” and adopt the measure on February [...]

Smart Devices Make Life Easier for the Elderly and Disabled

Smart Devices Make Life Easier for the Elderly and Disabled

SEOUL, Feb. 14 (Korea Bizwire) – Three new government initiatives will make use of the latest smart devices to help improve the lives of elderly farmers and the disabled.  The Ministry of Science, ICT and Future Planning and the Institute for Information & Communications Technology Promotion, in partnership with the local governments of Andong, Jeonju, [...]

New Convenience Store Offers Classical Music Experience

New Convenience Store Offers Classical Music Experience

SEOUL, Feb. 14 (Korea Bizwire) – In a new addition to the list of unique convenience stores in South Korea, Shinsegae’s convenience store franchise With Me opened Monday a new outlet at the Seoul Arts Center with classical music as its main theme. The 79-square-meter store is With Me’s 1,830th outlet. It has a fan-shaped [...]

Korean Valentine’s Day Celebrates Friendship more than Love

Korean Valentine’s Day Celebrates Friendship more than Love

SEOUL, Feb. 13 (Korea Bizwire) – Valentine’s Day is still one of the most meaningful occasions for lovers, but for South Koreans, it has become a day to express friendship between colleagues, classmates, and even family members.  Big data analysis firm Daumsoft said Monday that the word “friends” has been the most popular term related [...]

Seoul Plans Changes for the Self-Driving Era

Seoul Plans Changes for the Self-Driving Era

SEJONG, Feb. 13 Korea Bizwire) – The Ministry of Land, Infrastructure and Transport announced Monday a set of plans for the local automotive industry from 2017 to 2021 to better prepare South Korea for the imminent era of autonomous vehicles. According to the ministry, demand for safer vehicles will only increase given Korea’s rapidly aging [...]