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Gov’t Develops Smart Greenhouse Technology

Gov’t Develops Smart Greenhouse Technology

SEJONG, Nov. 15 (Korea Bizwire) — A new vinyl greenhouse has been developed that maintains an indoor temperature 2 to 3 degrees Celsius cooler than the outdoor temperature during summer. Accordingly, even in the summer, when the temperature is high, vegetables and flowers such as strawberries and roses will be able to be grown and [...]

Regulator Unveils Measures to Bolster Investor Protection over Risky Assets

Regulator Unveils Measures to Bolster Investor Protection over Risky Assets

SEOUL, Nov. 14 (Korea Bizwire) – South Korea’s financial regulator on Thursday unveiled a raft of measures to better protect consumers in the wake of improper sales of derivatives linked to overseas interest rates that carry the risk of losing nearly all the money invested in them. Under the measures, banks will be banned from [...]

Drivers Say Car Seats for Pets are Most Essential

Drivers Say Car Seats for Pets are Most Essential

SEOUL, Nov. 14 (Korea Bizwire) — Car seats for pets have been chosen as the most essential product for going on a drive with your pet. K Car, a South Korean used-car seller, conducted a survey of 439 male and female adults via Facebook in which 39.2 percent of respondents picked car seats for pets [...]

Stomach Removal Increases Dementia Risk for Cancer Patients

Stomach Removal Increases Dementia Risk for Cancer Patients

SEOUL, Nov. 14 (Korea Bizwire) — A recent study has shown that if the stomach is surgically removed due to stomach cancer, the risk of developing dementia increases. A research team from Samsung Medical Center and Seoul National University made the announcement after comparing patients who underwent stomach cancer surgery between 2007 and 2012 with [...]

Supreme Court Rules Quitting a Job Because You Won’t Get Paid is the Same as Being Fired

Supreme Court Rules Quitting a Job Because You Won’t Get Paid is the Same as Being Fired

SEOUL, Nov. 14 (Korea Bizwire) — Employees sometimes quit their jobs on their own when their employers tell them to look elsewhere for reasons such as deteriorating business conditions. In this case, a South Korean court ruled that it should be seen as a “discharge,” not a “self-imposed resignation.” On Wednesday, the Supreme Court overturned [...]

Executive Job a Pipe Dream for Most Bankers

Executive Job a Pipe Dream for Most Bankers

SEOUL, Nov. 13 (Korea Bizwire) — Recent data has confirmed that it is almost impossible for bankers to reach executive positions. According to the Financial Supervisory Service’s Financial Statistics and Information System, out of 230,595 employees working in the country’s financial sector, including banks and insurers, as of the end of June, only 2,969 were [...]