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 [...]
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 [...]
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 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 [...]
SEOUL, Nov.27 (Korea Bizwire) – Small ideas that have the power to change an individual’s everyday life were presented at the ‘Creative Economy Expo’ held at COEX, on November 26. Featured products included 3D printers that only cost 290,000 won, fermented brown rice that includes lactic acid bacteria, and ‘Car-Talk’, which offers drivers of nearby [...]
HONGSEONG, Nov.24 (Korea Bizwire) – To efficiently put out fires in areas with narrow streets, Chungnam province is disposing 28 small sized fire trucks all over the region. The head office of the Chungnam fire department announced that they will be disposing 28 multi-purpose fire trucks all over the region to arrive at the site [...]
SEOUL, Nov.23 (Korea Bizwire) – ‘Hotties’ from the Seoul Fire Department have once again posed in front of the camera as calendar models to gather funds to treat burn victims in lower income groups. City officials announced that 14 firefighters participated in making the 2016 calendar. Currently active fire fighters who won the ‘Hot Firefighter [...]
SEOUL, Nov.20 (Korea Bizwire) – Twenty seven facilities to feed stray cats will be established at four parks in the metropolitan area, including Seoul Forest and World Cup Park. The Seoul Metropolitan Government announced that it will be managing feeding facilities for stray cats. The facilities will be run in cooperation with animal related non-governmental [...]
INCHON, Nov.12 (Korea Bizwire) – The local government of Incheon has set out to create jobs for the elderly, teaming up with a logistics company. Incheon’s city government signed an agreement with CJ Korea Express and the Korea Labor Force Development Institute for the Aged to cooperate on carrying forward the ‘Incheon Silver Total Distribution [...]
SEOUL, Nov.10 (Korea Bizwire) – The Seoul Metropolitan Government has announced that deserted phone booths will be modified into ‘relief booths’. A ‘relief booth’ is a phone booth where citizens can take shelter when they are threatened criminally. After an individual enters and presses a button, the door closes automatically and sirens go off. Through [...]