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Aftermath of Seoul Fireworks Festival Hurts Natural Habitat

Aftermath of Seoul Fireworks Festival Hurts Natural Habitat

SEOUL, Oct. 11 (Korea Bizwire) — The Seoul International Fireworks Festival was held at Han River Park in Yeouido, Seoul on Saturday. Hosted by Hanwha Group and sponsored by the Seoul Metropolitan Government, the festival has been held in September or October every year since 2000. Returning after a two-year hiatus due to the pandemic, [...]

Overseas Direct Purchases in U.S. Dwindle as S. Korea’s Currency Tumbles

Overseas Direct Purchases in U.S. Dwindle as S. Korea’s Currency Tumbles

SEOUL, Oct. 11 (Korea Bizwire) — The overseas direct purchase market is cooling down rapidly as the South Korean currency fell sharply. Users point out that the spiking exchange rate is depriving them of the incentive to use direct foreign purchase services. An office worker surnamed Choi recently gave up on purchasing a US$202 bag from the [...]

Samsung ‘Recruitment Gifts’ Appear on Secondhand Marketplace, Raise Controversy

Samsung ‘Recruitment Gifts’ Appear on Secondhand Marketplace, Raise Controversy

SEOUL, Oct. 11 (Korea Bizwire) — Controversy sparked after newly recruited employees sought to sell gifts from their employers at a secondhand transactions platform. A recently posted article on Blind, a workplace community app, said that some of this year’s new recruits at Samsung Electronics Co. had sold their ‘recruitment gifts’ on Danggeun Market, a [...]

New Infections Rebound to Over 15,000 amid Downward Trend

New Infections Rebound to Over 15,000 amid Downward Trend

SEOUL, Oct. 11 (Korea Bizwire) — South Korea’s new COVID-19 cases rebounded to over 15,000 on Tuesday following the extended weekend, though daily infections have been on a downward trend. The country reported 15,476 new COVID-19 infections, including 95 from overseas, bringing the total caseload to 24,995,246, the Korea Disease Control and Prevention Agency (KDCA) [...]

Customs Agency Detects 256.7 bln Won Worth of Items with False Country-of-origin Labels

Customs Agency Detects 256.7 bln Won Worth of Items with False Country-of-origin Labels

SEOUL, Oct. 11 (Korea Bizwire) — South Korea’s customs agency said Tuesday it has detected 256.7 billion won (US$179.6 million) worth of imported items disguised as being locally produced through September this year. The amount marks a 35 percent rise from the same period a year earlier, according to the Korea Customs Service. Among the [...]