SEOUL, March 25 (Korea Bizwire) — South Korean teenagers spend about an hour and a half on average when they participate in a sports activity, a survey showed Thursday. The average monthly frequency of their participation in sports activities stood at 9.6 times, according to the survey conducted of 2,238 teenagers by the National Youth [...]
SEOUL, March 25 (Korea Bizwire) — The Korea Advanced Institute of Science and Technology (KAIST) said Thursday that it has developed a highly efficient electrochemical system that produces eco-friendly ammonia using nitric oxide. Emissions of nitric oxide are strictly regulated since it not only causes respiratory diseases but also produces ozone in the atmosphere. Selective [...]
SEOUL, March 24 (Korea Bizwire) — North Korea’s intercontinental ballistic missile (ICBM) launch Thursday ended its moratorium on nuclear and ICBM tests — an anticipated move denting President Moon Jae-in’s fragile peace drive and presaging a struggle for his successor, Yoon Suk-yeol. The end to the moratorium, a symbol of budding trust with Washington, is [...]
SEOUL, March 24 (Korea Bizwire) — Heightened interest in earning extra income through side-jobs is resulting in a growing number of related publications. Books about smart stores or generating profit on social media, in particular, are gaining popularity. Yes24, a leading online bookstore, reported that among books about secondary jobs, 36.3 percent were books that [...]
SEOUL, March 24 (Korea Bizwire) — The smoking rate of South Koreans aged 19 and older fell below 20 percent for the first time in 2020 amid growing public awareness of health and the government’s anti-smoking drive, a report showed Thursday. The smoking rate of Korean adults came to a record low of 19.2 percent [...]
SEOUL, March 24 (Korea Bizwire) — Nearly 7 in 10 foreign buyers think that South Korea’s national brand is having a positive impact on their purchases of products from Asia’s fourth-largest economy, a poll showed Thursday. According to the survey of 213 foreign buyers, 72.9 percent of the respondents replied that their imports of South [...]
SEOUL, March 24 (Korea Bizwire) — The government has decided to reflect the hospital admission rate of COVID-19 patients in the assessment of medical institutions as a way to give incentives to those who actively accommodate virus patients. The Central Disaster and Safety Countermeasures Headquarters said Wednesday it devised an incentive to encourage medical institutions [...]
LONDON, March 23 (Korea Bizwire) – The Metaverse - Decentraland’s Metaverse Fashion Week (MVFW22) unveils to the world the future of fashion. Featuring AI & robots, luxury wearables, ‘phygital goods,’ and immersive experiences, more than 70 participating brands, artists, and designers, are coming together to be a part of MVFW22, a milestone event in the global fashion industry. A combination of [...]
SEOUL, March 23 (Korea Bizwire) — The number of babies born in South Korea inched down in January from a year earlier, data showed Wednesday, highlighting the country’s gloomy demographic situation with the chronically low birthrate. A total of 24,598 babies were born in January, down 1.2 percent from a year earlier and the lowest [...]
SEOUL, March 23 (Korea Bizwire) – South Korea’s antitrust regulator will investigate e-commerce giant Coupang Inc., suspected of mobilizing employees to post false reviews on private brand (PB) products for more exposure and to attract customers, industry sources said Tuesday. Civic groups had filed reports with the Fair Trade Commission (FTC) about the suspected act [...]