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Gov’t to Restore Scarabs and Other Endangered Species by 2027

Gov’t to Restore Scarabs and Other Endangered Species by 2027

SEOUL, Aug. 12 (Korea Bizwire) — The Ministry of Environment has launched a project to bring back scarabs to South Korea, which disappeared in the 1970s. The ministry and the National Institute of Ecology (NIE) announced on Sunday that they recently brought 200 scarabs from Mongolia to restore their population. Scarabs, classified as Level II [...]

Education Office Holds ‘Career Design Camp’ for N. Korean Defectors

Education Office Holds ‘Career Design Camp’ for N. Korean Defectors

SUWON, Aug. 9 (Korea Bizwire) — How different is life for North Korean students, who risked their lives to cross the border, compared to their South Korean counterparts? Twenty-one middle and high school students in Gyeonggi Province, each with their own stories, participated in a Career Design Camp that took place in Gwangju for three [...]

Robo-Advisors’ One-Year Return Rate Surpasses Benchmark Stock

Robo-Advisors’ One-Year Return Rate Surpasses Benchmark Stock

SEOUL, Aug. 9 (Korea Bizwire) — Despite this year’s bear market, robo-advisors (RA) have achieved a return rate that surpassed benchmarks in comparison. Robo-advisors, a combination of the words ‘robot’ and ‘advisor,’ automate the distribution of investment assets through computer algorithms. According to Koscom Corp., South Korea’s technology developer for brokerage houses, the rate of [...]

Artificial Intelligence to Compete with Legal Experts on Legal Review

Artificial Intelligence to Compete with Legal Experts on Legal Review

SEOUL, Aug. 8 (Korea Bizwire) — Legal specialists will compete with Legal artificial intelligence (AI) in conducting legal reviews of various contracts, raising the possibility of AI technology replacing humans in the field of legal affairs. The Korea Association for Artificial Intelligence and Law (KAAIL) and the Judicial Policy Research Institute will host a conference [...]

Daiso and Coupang Sweat over Boycott Against Japan

Daiso and Coupang Sweat over Boycott Against Japan

SEOUL, Aug. 7 (Korea Bizwire) — With the boycott of Japanese goods intensifying in South Korea, companies that some consumers have labeled as “Japanese companies” are struggling to explain themselves. It is not easy to clear up the misunderstanding as there are some complicated cases of stake relationships that are confusing even to consumers. Daiso, [...]

“Please Look After Mom” the Most Popular Library Book Among Students

“Please Look After Mom” the Most Popular Library Book Among Students

SEOUL, Aug. 7 (Korea Bizwire) — Over the last ten years, the book most borrowed by elementary and middle school students in South Korea has been “Please Look After Mom” by novelist Shin Kyung-sook, which has recently become popular overseas, according to the National Library of Korea after analyzing all book records from 844 libraries [...]

Mercedes-Benz E-Class Described as Car for “Success” and “Car Poor”

Mercedes-Benz E-Class Described as Car for “Success” and “Car Poor”

SEOUL, Aug. 6 (Korea Bizwire) — After reaching a sales record of 100,000 vehicles three years after its introduction, the 10th Generation Mercedes-Benz E-Class is perceived by many as a vehicle for high-income, dual-breadwinner couples, according to a recent survey. Mercedes-Benz Korea (MBK) conducted an analysis of some 21 billion sources of data related to [...]