SEOUL, Jan. 28 (Korea Bizwire) — South Korean mobile carriers are launching unmanned stores and expanding their online retail platforms as the COVID-19 pandemic limits in-person contact and accelerates the use of virtual services. KT Corp. said Thursday it launched its first unmanned store equipped with digital kiosks for customers to buy phones and switch [...]
SEOUL, Jan. 28 (Korea Bizwire) — South Korea’s cosmetics industry is stepping up efforts to promote the circular economy, including the reduction of plastic packaging and the recycling of resources. The Korea Cosmetic Association, L’Oreal Korea, AmorePacific Corp., Aekyung Industrial Co. and LG Household & Health Care Ltd. jointly declared the ‘2030 cosmetics plastic initiative’ [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s gender ministry said Monday that it will push forward with a plan to have unmarried couples living together recognized as official families. The Ministry of Gender Equality and Family noted that the 4th Healthy Family Basic Plan (2021-2025) includes measures to enable the formation of families in [...]
SEOUL, Jan. 25 (Korea Bizwire) — A Seoul court has allowed the import of lifesize dolls, saying such sex toys for personal use do not corrupt public morals. According to the Seoul Administrative Court on Monday, it has recently overturned a decision by Gimpo International Airport’s customs office to block the import of a mannequin. [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korean school kids are expected to attend more in-person classes this year, as concerns are growing over the widening education gap and child care among working parents. “The ministry is planning to expand in-person instruction this year, either by giving schools more leeway, or expanding exceptions” to the [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korean retail investors’ holdings of shares in electric vehicle leader Tesla Motors Inc. soared nearly 32 percent this year to cross the US$10 billion mark, data showed Monday. Local individual investors owned $10.33 billion worth of Tesla shares as of Friday, up 31.9 percent from the end of [...]
SEOUL, Jan. 22 (Korea Bizwire) — Park Hye-seong, a 39-year-old mother of two, recently subscribed to a rice delivery service offered by a specialty shop featuring “premium rice” in pursuit of better tasting and healthier varieties, a decision that would have been unlikely before the coronavirus pandemic struck. “My children have taken online classes and [...]
SEOUL, Jan. 21 (Korea Bizwire) — South Korea’s national gender equality level improved for the fifth straight year in 2019, as more women were appointed to senior government posts and committees, a government report showed Thursday. The country’s gender equality index stood at 73.6 out of 100 in 2019, inching up 0.5 points from the [...]
SEOUL, Jan. 19 (Korea Bizwire) — Concern over animal abuse is on the rise due to what many South Koreans describe as lenient punishment for offenders. The Korean Animal Welfare Association and Lawyers for Animal Rights recently published a compilation of animal rights cases which noted that many instances of animal abuse have ended in [...]
SEOUL, Jan. 17 (Korea Bizwire) — South Korean retail investors have emerged as deep pockets in the stock market, pouring in more than 100 trillion won (US$90.6 billion) since early last year, data showed Sunday. Individual investors net bought a combined 102.2 trillion won in local and overseas stocks from Jan. 2, 2019, to Friday, [...]