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Paintings of Korean Movie Stars Sell Like Hotcakes

Paintings of Korean Movie Stars Sell Like Hotcakes

SEOUL, Korea, Mar 13, 2014 (Korea Bizwire) – In a depressed economy, the art world can’t be free from slow business. Most artists complain it’s getting hard to make a living on proceeds from paintings alone. But there is one segment that’s prospering despite all that. That’s the so-called entertainer-artists who hold exhibits in top-class [...]

More Teenagers Believe Money Can Buy Happiness…Survey

More Teenagers Believe Money Can Buy Happiness…Survey

SEOUL, Korea, Mar 7 (Korea Bizwire) – Teenagers are much more sensitive than grown-ups to income differences with their peers. This uneasy social trend can be spotted by conversations with the local teens. Interviewed by a local media, a seventh grade student living Seoul, said, “You don’t make friends who live in nice — if not posh — apartments. Since [...]

5-Star Hotel in Seoul Wins 2014 Travellers’ Choice® Award

5-Star Hotel in Seoul Wins 2014 Travellers’ Choice® Award

SEOUL, KOREA, Mar. 5 (Korea Bizwire) —JW Marriott Hotel Seoul announced that it has won 2014 Travellers’ Choice® awards, selected as top 25 hotels in South Korea among 384 hotels. In the 12th year of the awards, the world’s most outstanding properties were identified in the categories of Top Hotels, Bargain, B&Bs and Inns, Family, Luxury, [...]

Savings Rate Falls at the Same Time as Consumption

Savings Rate Falls at the Same Time as Consumption

SEOUL, Korea, Mar 6 (Korea Bizwire) – A while ago the Bank of Korea published a report on people’s tendency toward rarely opening up their wallets for fears of post-retirement livelihood. Then are Korean consumers saving more instead of spending? The reality is savings are falling as much as consumption. What’s going on here? According [...]