SEOUL, Nov. 7 (Korea Bizwire) — Japanese beer brands and Uniqlo, major companies affected by the boycott movement in South Korea, are taking desperate measures for survival. Lotte Asahi Liquor Co, the official importer of Asahi beer, has lowered beer prices by 30 percent. Sapporo beer importer M’s Beverage also lowered prices for its beer [...]
SEOUL, Nov. 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are lowering the price of LTE flagship smartphones released this year while offering higher subsidies to empty out remaining stocks. South Korean telecom giant KT Corp. raised the official subsidy for the LG G8 ThinQ to a maximum of 655,000 won (US$564) [...]
SEOUL, Nov. 7 (Korea Bizwire) — The popularity of a diet based on vegetables is on the rise as an increasing number of South Korean consumers are looking for healthy and ethical consumption. As a result, the retail industry is launching a series of vegetarian products. Nongshim Co., South Korea’s top instant noodles maker, released [...]
SEOUL, Nov. 6 (Korea Bizwire) — As police have been speeding up a probe into snowballing allegations of vote rigging at a popular K-pop TV series of “Produce 101,” South Korean cable channel Mnet is seeing its sensational competition show lineup lose its decadelong reputation on the entertainment scene both at home and abroad. Launched [...]
SEOUL, Nov. 6 (Korea Bizwire) — The defense ministry is considering making it mandatory for naturalized male citizens to serve in the military, as other South Korean men must do, in an effort to cope with a decrease in the number of draftees amid a shrinking population, a senior government official said Wednesday. The state-run [...]
SEOUL, Nov. 5 (Korea Bizwire) — Female workers working more than 70 hours per week are 1.7 times more likely to suffer a miscarriage than those who work fewer than 50 hours a week. A research team led by Prof. Lee Jun-hee from Soonchunhyang University Hospital Seoul and Prof. Lee Wan-hyung from Gachon University Gil [...]
SEOUL, Nov. 4 (Korea Bizwire) — Cases involving brutal violence and abuse of pets such as dogs and cats are continuing unabated. Although public calls for stern punishment have been aroused and legislation is strengthened whenever shocking cases are reported, critics say that actual punishments meted out are still insignificant. Seoul’s Mapo Police Station recently [...]
SEOUL, Nov. 4 (Korea Bizwire) — A court has ruled that the government should offer compensation for placing an inmate in a jail cell too small to conduct everyday life. In a recent lawsuit filed by a local inmate against the government, Seoul Central District Court ruled that the government should pay 4 million won [...]
SEOUL, Nov. 1 (Korea Bizwire) — So-called English Kindergartens in Seoul, specializing in teaching English to toddlers, were found to cost more than the average annual tuition fee at universities. The World Without Concerns for Private Education, a civic group, reported that English kindergartens in Seoul charge an average of 1 million won (US$888) per [...]
SEOUL, Nov. 1 (Korea Bizwire) — The roaring K-pop boom in South Korea is reviving the fate of perishing CD music and other physical music record formats. Since the early 2000s, compact disc as a music distribution format has been increasingly replaced by other digital storage and distribution formats such as internet streaming. Reversing the [...]