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Abandoned Railways Brought Back to Life

Abandoned Railways Brought Back to Life

DAEJEON, Dec.21 (Korea Bizwire) – The Korea Rail Network Authority announced that it has selected eight local governments to start businesses using railways and land which are no longer in use. Some of the abandoned areas have been used under agreements between local governments and the Korea Rail Network Authority, but as the Ministry of [...]

3 Promising Fields of New Tech gets Government Support

3 Promising Fields of New Tech gets Government Support

SEOUL, Dec.8 (Korea Bizwire) – The government has decided to lower regulations and financially support three new technologies – wireless charging, fused pay channels, and Internet of Things (IoT). These technologies are attracting significant attention, as they could change the way we live forever. On the other hand, there is a need for large-scale R&D [...]

KTA Uses Friendly Webtoon Characters to Prevent Juvenile Smoking

KTA Uses Friendly Webtoon Characters to Prevent Juvenile Smoking

The Korea Tobacco Association (KTA) announced that it will start a campaign to prevent smoking among teenagers with students from ‘The School to help you Grow, Byeol’ and popular webtoonist Jeon Sun-wook, famous for his webtoon ‘Free draw’ on Naver. (Image : Kobizmedia / Korea Bizwire) SEOUL, Dec.2 (Korea Bizwire) – The Korea Tobacco Association [...]

Seoul Provides Valuable Information to Empower Small Local Businesses

Seoul Provides Valuable Information to Empower Small Local Businesses

SEOUL, Dec.2 (Korea Bizwire) – After analyzing 43 categories of small businesses such as restaurants and both wholesalers and retailers, the Seoul Metropolitan Government reported that their 10 year survival rate was only 19.9 percent. To boost the sales of small businesses struggling to stay afloat, Seoul city officials announced on December 1 that they [...]

K Bank Revealed: Phone Booths will be Used as Hubs to Connect with Clients

K Bank Revealed: Phone Booths will be Used as Hubs to Connect with Clients

SEOUL, Dec.1 (Korea Bizwire) – K Bank Consortium, which has gained preliminary approval as an internet-only bank, pledged that it will create an innovative success model and lead the revitalization of the economy. Company officials also mentioned their vision to make ‘community neo-banks’ that are friendly and easy to use for everyone. Officials also laid [...]

Weather a Key Factor to Boost Sales

Weather a Key Factor to Boost Sales

SEOUL, Nov.30 (Korea Bizwire) – ‘Weather Management’ is rising as a new method for companies to create new businesses and enhance the efficiency of management overall. According to a report entitled ‘Understanding Weather Management and its Possibilities’ issued by the Korea Institute for Industrial Economics and Trade (KIET), weather management is a field with a [...]

Afreeca TV Launches ‘FreeCap’ Social Trading Service

Afreeca TV Launches ‘FreeCap’ Social Trading Service

Afreeca TV has announced that it will be officially launching its new ‘FreeCap’ service, which allows users to invest in overseas futures through social trading methods. (Image : Firmbee / Pixabay) SEOUL, Nov.29 (Korea Bizwire) – Afreeca TV has announced that it will be officially launching its new ‘FreeCap’ service, which allows users to invest [...]