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Rapid Growth of Dollar Store Giant Daiso Korea a Worry to Small Business Owners

Rapid Growth of Dollar Store Giant Daiso Korea a Worry to Small Business Owners

SEOUL, Aug. 16 (Korea Bizwire) – With South Korean dollar store giant Daiso Korea set to reach two trillion won in sales after 20 years of steady growth since its founding, concerns are growing over the negative impact of its dominance on small local businesses. Marking its 20th anniversary this year, Daiso, which specializes in [...]

For Some Koreans, Pets Are Disposable Too

For Some Koreans, Pets Are Disposable Too

SEOUL, Aug. 14 (Korea Bizwire) — Let’s try a thought experiment for a moment. Picture in your mind, an empty, crushed aluminum soda can. It’s slightly sticky around the edges and speckled with dirt. Got it? Now, picture in your mind a one month-old puppy. It’s fluffy, helpless and frightened. See the connection? If you’re wondering [...]

Jeju’s ‘Haenyeo’ Female Divers to Receive Government Allowance

Jeju’s ‘Haenyeo’ Female Divers to Receive Government Allowance

JEJU, Aug. 11 (Korea Bizwire) — Jeju Island’s aging traditional female divers known as ‘haenyeo’ are set to receive an allowance from the local government beginning in September. According to a new ordinance enacted by the Jeju provincial government last month, aging haenyeo divers, who are also recognized as an intangible cultural heritage by UNESCO, will [...]