![[In-depth] Renault Samsung’s Twingo Won’t Land in Korea due to Regulation](http://koreabizwire.com/wp/wp-content/uploads/2014/11/Renaut-Twingo_01-800x533.jpg "[In-depth] Renault Samsung’s Twingo Won’t Land in Korea due to Regulation")
SEOUL, Nov. 25 (Korea Bizwire) — Due to a difference of 4 centimeters in width, the Twingo, the popular city car model manufactured by Renault, will not land in Korea. Renault Samsung Motors said recently that it won’t be able to import the light car model because of incongruity with Korea’s light car regulation. Currently the Korean government defines [...]
![[In-depth] Korea Ranked No. 1 in Elderly Poverty Rate among OECD Members](http://koreabizwire.com/wp/wp-content/uploads/2014/11/4256438530_d725ae7d2b_z1.jpg "[In-depth] Korea Ranked No. 1 in Elderly Poverty Rate among OECD Members")
SEOUL, Nov.20 (Korea Bizwire) – On November 1 this year, a single man in his late 60s was found dead in his room with a note and some money left to pay for his funeral and overdue bills. It turned out he had lived with recently deceased mother and he killed himself a few months after sending [...]
![[In-depth] “KakaoTalk Real Estate” Creates Shock Wave in Real Estate Market](http://koreabizwire.com/wp/wp-content/uploads/2014/11/online-realtor-800x565.jpg "[In-depth] “KakaoTalk Real Estate” Creates Shock Wave in Real Estate Market")
SEOUL, Nov. 17 (Korea Bizwire) — A business model called “KakaoTalk Real Estate” is attracting keen interest among real estate industry participants as it is offered much lower rates than currently charged by agents. Amid a controversy following an announcement by the government that it would force the current brokerage commissions to be cut by [...]
![[In-depth] How Temporary Workers Live in South Korea](http://koreabizwire.com/wp/wp-content/uploads/2014/11/cart1.jpg "[In-depth] How Temporary Workers Live in South Korea")
SEOUL, Nov. 15 (Korea Bizwire) – South Korea’s non-regular workers are hopeless to become a permanent employee. The latest OECD Employment Outlook 2014 showed that one to two contract workers out of ten can win a permanent status in a year. Seven are still under fixed-term contracts and even two become unemployed. It means that the [...]
SEOUL, Nov. 13 (Korea Bizwire) – K-wave star Lee Min-ho will receive the Prime Minister’s Award in recognition of his contribution of promoting Korean culture throughout Asia in the 2014 Korea Pop and Art Culture Award Ceremony. The Ministry of Culture, Sports and Tourism announced on November 11 the list of the award winners who [...]
SEOUL, Nov. 3 (Korea Bizwire) – The State Administration of Press, Publication, Radio, Film and Television of the People’s Republic of China will soon announce a new regulation on foreign drama contents available on the Internet. Once the rule is in place, it would put a damper on the popularity of Korean dramas in China. [...]
![[In-depth] K-Dramas and Show Programs Lure Global Viewers](http://koreabizwire.com/wp/wp-content/uploads/2014/10/별에서온그대.jpg "[In-depth] K-Dramas and Show Programs Lure Global Viewers")
SEOUL, Oct. 17 (Korea Bizwire) — Korean television dramas have widely been beloved across Asian countries from China to Japan to the Philippines to Indonesia for the past few years with a series from “Autumn in My Heart” in 2000 to the most recent “My Love from the Star.” Now dramas from South Korea dubbed [...]
![[In-depth] SK Group Announces Blueprint to Transform Daejeon into a Silicon Valley](http://koreabizwire.com/wp/wp-content/uploads/2014/10/14480387419_11e66e21c3_z.jpg "[In-depth] SK Group Announces Blueprint to Transform Daejeon into a Silicon Valley")
SEOUL, Oct. 12 (Korea Bizwire) – SK Group will invest more than 90 billion won (US$83.8 million) in the cities of Daejeon and Sejong to transform the areas into a Silicon Valley-like tech hotbed. The group announced its plan on October 10 in a ceremony to launch the Daejeon Creative Economy Innovation Center in which the President [...]
SEOUL, Sep. 16 (Korea Bizwire) – The Korea National Tourism Organization announced on September 14 that it expected more than 160,000 Chinese travelers would visit Korea during the Chinese National Day from October 1 through 7, which is 35 percent up from 118,000 visitors last year. The number of Chinese tourists to Korea from January [...]
![[In-depth] Korean People Who Prefer Cremation to Traditional Burial Increasing](http://koreabizwire.com/wp/wp-content/uploads/2014/09/natural-burial_korea.jpg "[In-depth] Korean People Who Prefer Cremation to Traditional Burial Increasing")
SEOUL, Sep. 13 (Korea Bizwire) - Korean people traditionally have their deceased family member buried at a plot right after a three-day funeral service. The rest of the family members make a grave for him or her in their family burial ground, usually located in their home town or countryside. The place where their loved [...]