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New Uniform for National Short Track Speed Skating Team Unveiled

New Uniform for National Short Track Speed Skating Team Unveiled

SEOUL, Sept. 19 (Korea Bizwire) – South Korea’s national short track speed skating team has unveiled new uniforms consisting of black, white, red, and blue to represent the colors of the country’s flag, topped off with a red helmet with the fierce face of a tiger. Despite controversy and lawsuits between sportswear companies over the supply [...]

Relationship Between Illegal Gambling and Gambling Homemakers a Lasting One

Relationship Between Illegal Gambling and Gambling Homemakers a Lasting One

SEOUL, Sept. 16 (Korea Bizwire) – The recent bust of a gambling ring by South Korean law enforcement agencies has once again turned the national spotlight on the enduring connection between illegal gambling and homemakers. With annual numbers of around 4,000 (number of people discovered by police onsite) involved in illegal gambling in the previous [...]

Free-Range Eggs a Trendy Chuseok Gift After Egg Contamination Scandal

Free-Range Eggs a Trendy Chuseok Gift After Egg Contamination Scandal

SEOUL, Sept. 14 (Korea Bizwire) – After a serious egg contamination scandal that shook the confidence of South Korea consumers, gift sets of free-range eggs from animal-friendly farms have appeared at department stores, marking the first time eggs are being considered as a Chuseok gift. Lotte Department Store, one of the country’s major department store chains, [...]

Amidst Uncertainty, One Thing is Clear: Virtual Currency is a Reality

Amidst Uncertainty, One Thing is Clear: Virtual Currency is a Reality

SEOUL, Sept. 11 (Korea Bizwire) – By announcing a set of regulatory guidelines dealing with the peripherals of the virtual currency market, the South Korean government has made one thing very clear: virtual currency is here to stay. Virtual currency’s proliferation has been rapid since its conception by programmer Satoshi Nakamoto in 2009. His creation, [...]