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Budget Hotels Are Scarce in the Midst of Luxury Hotel Glut in Seoul

Budget Hotels Are Scarce in the Midst of Luxury Hotel Glut in Seoul

SEOUL, Korea, April 4 (Korea Bizwire) – In an era in which 12 million foreign visitors come to Korea a year, either relaxing or lifting a regulation prohibiting construction of hotels near school zones has become a pressing matter; however, budget hotels that are most needed to accommodate tourists are not in the spotlight in [...]

Seoul City Government to Actively Pursue Pet Adoption

Seoul City Government to Actively Pursue Pet Adoption

SEOUL, Korea, April 3 (Korea Bizwire) – An animal “orphanage” will be introduced for those pets no longer needed by their owners soon in Seoul, the first local government which has led initiatives in animal protection by creating the animal protection bureau. According to a city government official, the city plans to introduce the scheme [...]

Koreans Much behind in Preparing for Aged Life

Koreans Much behind in Preparing for Aged Life

SEOUL, Korea, April 2 (Korea Bizwire) – While it is estimated that it costs an average of 1.37 million won (US$1,295) a month to sustain the minimum life for an aged couple, Korean are much behind in preparing for their post-retirement lives with little private pension plans or savings. According to a National Pension Service [...]

[Kobiz Feature] “Avengers 2” Shooting in Seoul Arouses Mixed Reactions

[Kobiz Feature] “Avengers 2” Shooting in Seoul Arouses Mixed Reactions

SEOUL, Korea, April 1 (Korea Bizwire) – As the filming of a Hollywood blockbuster movie began in Seoul last weekend, Seoulites showed mixed reactions to inconveniences caused by blocking traffic for the shootings. The shooting of “The Avengers: Age of Ultron,” began on March 30 at Mapo Bridge and of the nearby small floating island in [...]

Consumer Market Dynamics Changed by “Solo” Economy

Consumer Market Dynamics Changed by “Solo” Economy

SEOUL, Korea, Mar 31, 2014  (Korea Bizwire) — According to the National Statistical Office, single-person households accounted for only 9.0 percent of the whole population in 1990. In 1995, the ratio first surpassed a double–digit level, and it ultimately grew to 25.3 percent, last year. In other words, one in every four household is now [...]

Government to Introduce “Michelin Guide”-like Restaurant Rating Scheme

Government to Introduce “Michelin Guide”-like Restaurant Rating Scheme

SEOUL, Korea, Mar 28 (Korea Bizwire) – The government’s food policy will shift more toward consumer oriented. As part of a plan revealed by the Ministry of Agriculture, Food, and Rural Affairs in a national policy coordination meeting presided over by the Prime Minister on March 27, a rating scheme similar to the Michelin Guide [...]

Korean Chicken Soup Exports Obtain USDA Approval

Korean Chicken Soup Exports Obtain USDA Approval

SEOUL, Korea, Mar 28 (Korea Bizwire) – The Ministry of Agriculture, Food, and Rural Affairs and the Korea Food and Drug Administration proudly announced that, as of March 26 (local time), the United States Department of Agriculture (USDA) has officially approved Korea as an exporter of processed poultries which has opened up the gates for [...]