SEOUL, March 19 (Korea Bizwire) — The Seoul city government said late Friday that it retracted its administrative order requiring all foreign nationals to be tested for COVID-19, amid strong protest. The city said it has switched the policy to a recommendation for foreign workers at high-risk business establishments to get tested for the coronavirus [...]
SEOUL, March 19 (Korea Bizwire) — Seoul Ciry’s alleys have faced mixed fortunes in the era of COVID-19 pandemic. In collaboration with the Seoul Credit Guarantee Foundation, the Seoul Metropolitan Government analyzed the data on the use of Shinhan Card Co.’s credit cards in the city’s 1,009 commercial alleys for the period from October 2019 [...]
SEOUL, March 19 (Korea Bizwire) — The ‘well-being’ index and satisfaction levels for ‘social support’ of the older generation are higher among those who play digital games. Doh Young-yim, an invited professor at the Korea Advanced Institute of Science and Technology, conducted a survey of 190 people between the ages of 50 and 60, which [...]
SEOUL, March 19 (Korea Bizwire) — With the coronavirus pandemic showing no signs of a letup, YouTube videos are shifting from “mukbang” (a portmanteau in Korean of “eating” and “broadcast”) to “cookbang” (“cooking” and “broadcast”). YouTubers are coming up with easy-to-follow cooking videos to cater to an increasing number of viewers who choose to cook [...]
SEOUL, March 18 (Korea Bizwire) — An independent committee proposed on Thursday that legislation is needed to better handle and manage spent nuclear fuel as the issue has been a source of controversy over safety. The body under the industry ministry stressed a new law is necessary to proceed with the matter of building storage [...]
SEOUL, March 18 (Korea Bizwire) — More than half of South Koreans believe that quarantine policies take priority over human rights, a poll showed Wednesday. A survey conducted by Prof. Yoo Myung-soon from the Seoul National University Graduate School of Public Health with the participation of 1,000 men and women across the country showed that [...]
JEJU, March 18 (Korea Bizwire) — Potential Chinese tourists to the southern resort island of Jeju have positive views towards the island’s quarantine policy against the coronavirus, a local think tank said Wednesday. The Jeju Research Institute conducted a survey of 754 Chinese nationals who gave high marks to Jeju’s counter-pandemic policy with an average [...]
ULSAN, March 18 (Korea Bizwire) – South Korea’s largest shipbuilder, Hyundai Heavy Industries Co., said Wednesday that it had introduced quantum cryptography communication technology for the first time among global shipyards, aimed at ensuring stronger security for its defense technologies. Under the initiative of establishing quantum cryptography communication infrastructure, the company successfully set up a [...]
SEOUL, March 17 (Korea Bizwire) – South Korea’s political community has launched a drive to legislate a new law that forces global Internet platforms to pay copyright fees in return for using news reports created by domestic media. Thus far, global Internet platforms have chalked up huge profits while using such news sources for free. [...]
SEOUL, March 17 (Korea Bizwire) — Credit card companies are looking for a financial breakthrough in the data industry as they continue to struggle from Buy Now, Pay Later (BNPL) services. The onslaught of the fintech companies is pushing credit card companies away from their profit centers, after they lost monopoly over the BNPL market [...]