SEOUL, Nov. 16 (Korea Bizwire) — The administrative city of Sejong is suffering from what is becoming a serious elk problem. An endangered species, the elk population has jumped in the Sejong area, causing complaints. As of late last month, 349 complaints were submitted for the capture of elk in the area. Most of them [...]
SEOUL, Nov. 15 (Korea Bizwire) — Diesel vehicles are losing ground due to the rising popularity of eco-friendly vehicles and a hike in diesel prices. The number of new diesel cars registered in the domestic market between January and October of this year stood at 288,888 units, down 21.6 percent year on year, according to [...]
SEOUL, Nov. 14 (Korea Bizwire) — Sleep deprivation is prevalent in the modern world. Smartphone lights confuse the natural sleep-and-wake cycle of ordinary people, and the remote working culture makes it harder for them to switch off, even at night. There is also an acceptance — or even a glorification — of forgoing sleep, fueled [...]
SEOUL, Nov. 14 (Korea Bizwire) — An increasing number of consumers are attempting to eliminate depression and refresh themselves using their favorite fragrances after the onset of the COVID-19 pandemic. The home fragrance lines of the niche perfume brands Diptyque and Byredo saw their Nov. 1-10 sales rise by 20.4 percent and 28.1 percent, respectively, [...]
SEOUL, Nov. 12 (Korea Bizwire) – SsangYong Motor Co. said Friday it has graduated from the court-led debt rescheduling program 1 1/2 years after it was placed under court receivership amid the COVID-19 pandemic. SsangYong Motor applied for court receivership on April 15, 2021, after its Indian parent Mahindra & Mahindra Ltd. failed to attract [...]
SEOUL, Nov. 11 (Korea Bizwire) – A week into its introduction, Netflix’s more affordable ad-supported plan is being met with a lukewarm response from South Korean users. Consumer Insight conducted a survey of 1,473 consumers, only 13 percent of whom had the intention to use or switch to Netflix’s ad-supported plan. Only a few Netflix [...]
SEOUL, Nov. 11 (Korea Bizwire) — The home appliances industry showed poor performance in the third quarter this year due to a drop in demand. The rental market, which had been seeing exponential growth, has also taken a hit. Coway Co. reported 968 billion won in sales (US$733 million) and 165 billion won in operating [...]
SEOUL, Nov. 11 (Korea Bizwire) — A South Korean research team has developed a new technology that enables remote real-time monitoring of the location and owner of fishing nets via electronic tags. The Gwangju Institute of Science and Technology (GIST) said Thursday that it will carry out a marine demonstration test for the commercialization of [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s customs agency announced a plan to strengthen the crackdown on individuals evading taxes on imports of liquid-type e-cigarettes made of tobacco leaves by falsely reporting that they are made of synthetic nicotine. The Korea Customs Service said Thursday it had developed a high-precision analysis method to identify [...]
SEOUL, Nov. 10 (Korea Bizwire) — Individuals with traumatic brain injuries, including victims of the Itaewon crowd crush, are more likely to contract depression than others, a study indicated Wednesday. A joint research team from Seoul National University Hospital and the National Traffic Accident Rehabilitation Hospital analyzed the big data of 2.28 million patients with [...]