SEOUL, Nov. 28 (Korea Bizwire) — Having a localized name or nickname can be fun for some. Take Dutch football coach Guus Hiddink or Thor actor Chris Hemsworth. Fans here affectionately call them by Korean-sounding nicknames “Hidonggu” and “Hemsiki.” The Seoul Metropolitan Government said Thursday it recently gave honorary Korean names to 11 people from [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Korean banks are going beyond past practices to collaborate with other industries. KB Kookmin Bank’s Liiv Mobile is gaining the attention of the financial services market by combining finance and communications technology. Current legislation states that banks cannot engage in business activities outside of their traditional domain. However, [...]
SEOUL, Nov. 26 (Korea Bizwire) — The popularity of BB guns is on the rise as a way for young people in their 20s and 30s to engage in a leisure activity. In particular, shooting ranges are said to be popular among women. During the day, they are often filled with only female customers, and [...]
SEOUL, Nov. 26 (Korea Bizwire) — Chinese carmaker Geely will soon be joining the South Korean market for electric vehicles (EVs). China’s Geely New Energy Commercial Vehicle Group (GCV), South Korea’s POSCO International Co., and IT Engineering signed an agreement at the headquarters of GCV in Hangzhou on Monday to introduce GCV’s electric trucks in [...]
SEOUL, Nov. 26 (Korea Bizwire) — Hollys Coffee Co., a South Korean coffee shop chain, replaced Starbucks as country’s most loved and satisfactory coffee brand. The Korea Consumer Agency conducted a survey of 1,031 consumers between September 4 and 16 frequenting six major coffee brands in South Korea, in which Hollys Coffee received the highest [...]
SEJONG, Nov. 26 (Korea Bizwire) – Most South Korean women who have stopped working said they quit their jobs due to marriage and having and taking care of children, data showed Tuesday. The data released by Statistics Korea said the number of married women who gave up their jobs came to 1.69 million as of April this [...]
SEOUL, Nov. 25 (Korea Bizwire) – Vegan food, previously offered by a select few restaurants in South Korea, is becoming increasingly common in the country. The vegetarian population in South Korea has reached more than 1.5 million, encouraging distributors to come up with vegan products targeting the newly rising consumer population. Vegan food is rapidly [...]
SEOUL, Nov. 25 (Korea Bizwire) — The government has stepped up efforts to expand the use of electronic documents in order to secure national competitiveness by limiting social costs and the leakage of personal information due to paper use. South Korea’s state-run cybersecurity body, the Korea Internet & Security Agency (KISA) said Sunday it will [...]
SEOUL, Nov. 25 (Korea Bizwire) — The government has accused global tech giant Google Inc. of tax evasion and taking advantage of local game companies. The National Tax Service (NTS) said Wednesday that it will conduct a tax probe into suspected tax evasion and aggressive tax evasion offshore. In particular, for the first time, multinational [...]
SEOUL, Nov. 25 (Korea Bizwire) — South Korean and local companies will be joining forces to help the Galapagos Islands, a treasure trove of flora and fauna, meet a “zero fossil fuel” commitment. A ground-breaking ceremony was held on Ecuador’s San Cristobal Island last Thursday to build a “Microgrid System,” an Official Development Assistance project [...]