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Olympic Merchandise Increasingly Popular in South Korea

Olympic Merchandise Increasingly Popular in South Korea

DAEGU, Feb. 21 (Korea Bizwire) – The popularity of Olympic merchandise is soaring in South Korea with the Winter Games set to wrap up this weekend. According to the Daegu branch of Lotte Department Store on Tuesday, sales at the store’s Olympic boutique shot up around the Lunar New Year holiday. Officials from Lotte Department Store [...]

S. Korean Military Declares ‘Zero Tolerance’ Against Sex Offenders

S. Korean Military Declares ‘Zero Tolerance’ Against Sex Offenders

SEOUL, Feb. 21 (Korea Bizwire) — South Korea’s military law-enforcement authorities announced plans Wednesday for tougher punishment against sex offenders amid the spread of the #MeToo movement in the country. In a report to the National Assembly, the Military Court of Korea said it will introduce the so-called “one strike, you’re out” system against soldiers [...]

S. Korea Posts Record High Tourism Deficit in 2017 on China Setback

S. Korea Posts Record High Tourism Deficit in 2017 on China Setback

SEOUL, Feb. 21 (Korea Bizwire) — South Korea’s trade deficit in the tourism sector hit a new record high last year, data showed Wednesday, due largely to a drop in Chinese visitors and a growing number of South Koreans traveling abroad. The country’s tourism-related earnings came to US$13.32 billion in 2017, down 22.5 percent from [...]

Multi-Purpose Satellites Help S. Korea Land International Deals

Multi-Purpose Satellites Help S. Korea Land International Deals

SEOUL, Feb. 20 (Korea Bizwire) – The family of multi-purpose satellites known as Arirang has helped South Korea land international business deals with India and the Philippines, the Ministry of Science and ICT said today. According to the science ministry, videos filmed by Korea Multi-Purpose Satellites (KOMPSAT), also known as Arirang, will be sold for around [...]

Government to Introduce Anti-Sexism Guidelines for Vlogging

Government to Introduce Anti-Sexism Guidelines for Vlogging

SEOUL, Feb. 20 (Korea Bizwire) – The government is expected to establish guidelines to root out sexism and discriminatory behavior in the online streaming industry sometime this year after issues came to light during an investigation. The self-regulatory guidelines are currently in the works, with plans to advise solo vloggers against using expressions that are deemed [...]