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[Kobiz Stats] Per Capita Credit Card Transactions among Industrialized Nations

[Kobiz Stats] Per Capita Credit Card Transactions among Industrialized Nations

[Related Article] Paper Receipts Turning to Waste Are Worth 270 Billion Won (Korea Bizwire, April 3) The receipts printed upon making transactions are doing more harm than personal data spill: waste of resources, and the fear of endocrine disruptor commonly known as environmental hormone. However, the credit card companies and the government authorities are not [...]

[China Report]  Should E-cigarettes Be Regulated?

[China Report] Should E-cigarettes Be Regulated?

  SEOUL, Korea, April 3 (Korea Bizwire) –As the demand for electronic cigarettes is rapidly on the rise, controversies arise as much as to whether e-cigarettes are really harmless as the marketers say they are. Since 2008 when the first shipment of e-cigarettes arrived in Korea, the importers have insisted that the smokeless cigarettes are an [...]

[Kobiz Stats] China’s E-commerce trading volume in 2011-2017

[Kobiz Stats] China’s E-commerce trading volume in 2011-2017

[Related Article] Chinese Social Commerce Industry Undergoing a Wave of Consolidation(Korea Bizwire, Mar 28) According to data released recently by the China International Electronic Commerce Center, the number of social commerce sites closed for business since the beginning of the first social commerce site in China has been 5,376 out of total 6,246 operators. The [...]

[Kobiz Feature] “Avengers 2” Shooting in Seoul Arouses Mixed Reactions

[Kobiz Feature] “Avengers 2” Shooting in Seoul Arouses Mixed Reactions

SEOUL, Korea, April 1 (Korea Bizwire) – As the filming of a Hollywood blockbuster movie began in Seoul last weekend, Seoulites showed mixed reactions to inconveniences caused by blocking traffic for the shootings. The shooting of “The Avengers: Age of Ultron,” began on March 30 at Mapo Bridge and of the nearby small floating island in [...]

[Kobiz Stats] Increasing Trend of “solo”households

[Kobiz Stats] Increasing Trend of “solo”households

(graphic:Kobizmedia/Korea Bizwire) [Related Article] Consumer Market Dynamics Changed by “Solo” Economy (Korea Bizwire, Mar 31) According to the National Statistical Office, single-person households accounted for only 9.0 percent of the whole population in 1990. In 1995, the ratio first surpassed a double–digit level, and it ultimately grew to 25.3 percent, last year. (see the full text [...]

[China Report]  Chinese Social Commerce Industry Undergoing a Wave of Consolidation

[China Report] Chinese Social Commerce Industry Undergoing a Wave of Consolidation

SEOUL, Korea, Mar 28 (Korea Bizwire) – According to data released recently by the China International Electronic Commerce Center, the number of social commerce sites closed for business since the beginning of the first social commerce site in China has been 5,376 out of total 6,246 operators. The closure rate is as high as 86 [...]

[Kobiz Photo] “Spring Is Just Around the Corner”

[Kobiz Photo] “Spring Is Just Around the Corner”

Time really flies. Signs of a spring season could be found everywhere. This is a picture taken at a Yangdong Folk Villange, which was named a UNESCO World Heritage Site.  Yangdong Folk Village (Yangdong Village of Gyeongju) is a traditional village from the Joseon Dynasty. The village is located in Gangdong-myeon, sixteen kilometers northeast of Gyeongju, Gyeongsangbuk-do, [...]