SEOUL, July 9 (Korea Bizwire) — Jung Se-hee, a 40-year-old office worker, recently bought a one-month mobile voucher offered by Burger King. It allows her to buy 30 cups of Americano for 4,900 won (US$4.11), a real steal as the price tag translates to just 170 won for a cup of coffee. “I started it [...]
SEOUL, July 9 (Korea Bizwire) — Select middle and high schools in South Korea will adopt school uniforms made in modified “hanbok,” traditional Korean attire, types as early as this fall semester, the government said Thursday. The culture ministry, together with the Korea Craft & Design Foundation (KCDF), has selected 22 middle and high schools [...]
SEOUL, July 9 (Korea Bizwire) – A recent study has revealed that elderly couples who live together for their entire lives are more likely to experience decrepitude and weight loss at the same time. The study, carried out by a research team led by Won Chang-won, professor of family medicine at Kyung Hee University Medical [...]
SEOUL, July 8 (Korea Bizwire) — A single-person household is the most common type of living arrangement in South Korea, data showed Wednesday. Data released by the Ministry of the Interior and Safety showed 8.77 million single-person residence registrations, accounting for 39 percent of the total number of 22.7 million. The second most common type [...]
SEOUL, July 8 (Korea Bizwire) — The value of Japan’s exports to South Korea sank to a near 11-year low in May due to the coronavirus pandemic and Tokyo’s export controls, data showed Wednesday. Japan shipped 329.3 billion yen (US$3 billion) worth of goods to its neighboring country in May, down 18 percent from a [...]
SEOUL, July 8 (Korea Bizwire) — King Sejong Institute, the state-run Korean culture and language education center, will introduce and support the operation of a preliminary Korean language program in foreign countries where there is demand for Korean language education but supply is limited. The King Sejong Institute Foundation (KSIF) announced on Tuesday that the [...]
SEOUL, July 8 (Korea Bizwire) –Coffee pods are making up a growing percentage of an ever-growing coffee market in South Korea, with sales of products using pre-ground coffee sealed in a capsule more than doubling compared to sales of ground coffee in the first half of the year. According to Emart, South Korea’s largest discount [...]
SEOUL, July 7 (Korea Bizwire) — The heir apparent of Hyundai Motor Group met with the head of refinery-to-battery conglomerate SK Group on Tuesday to discuss cooperation in the electric vehicle (EV) business. Hyundai Motor Group Executive Vice Chairman Chung Euisun and SK Group Chairman Chey Tae-won discussed cooperation on next-generation EV battery technologies, power [...]
SEOUL, July 7 (Korea Bizwire) — After enjoying strong growth earlier in the year, the global video streaming platform Netflix is facing declining popularity in South Korea. The situation is the same for South Korea’s major over-the-top (OTT) service providers such as Wavve, Watcha Inc. and Tving. All four companies saw their number of users [...]
SEOUL, July 7 (Korea Bizwire) — Gaming monitors are gaining popularity as more people are playing video games at home following the coronavirus outbreak. TrendForce, a market intelligence provider, estimated that shipments of gaming monitors will reach 12.2 million units worldwide this year, which is 37 percent more than last year. As Sony and Microsoft [...]