SEOUL, Oct. 17 (Korea Bizwire) — The Citizen’s Coalition for Safety (CCS) has argued that the elderly show clearer signs of wanting to commit suicide compared to other demographic groups, making it easier to intervene in any suicide attempts. Yang Du-seok, the director of the Center for Suicide Prevention at the CCS, said Tuesday at [...]
SEOUL, Oct. 17 (Korea Bizwire) — Yuhan-Kimberly Ltd. announced Tuesday the release of the new Monit & Haggis Smart Baby Monitor that applies IoT technology to monitor baby diapers and other functions that assist childcare. Yuhan-Kimberly, in collaboration with Monit, a developer of smart baby monitors, launched the Haggis IoT Service on momQ, Yuhan-Kimberly’s online [...]
SEOUL, Oct. 17 (Korea Bizwire) — The South Korean working poor are struggling from a vicious cycle of increasing debt, where interest and repayment fees reach as high as 12.56 million won each year, while disposable income is no more than 11 million won, on average. The Korea Institute for Health and Social Affairs (KIHSA) [...]
NONSAN, Oct. 17 (Korea Bizwire) — The Yeonsan Ogye Foundation, preserving the Korean tradition of remembering animal spirits since 2003, announced Tuesday that it plans to hold ancestral rites for deceased pets in Nonsan, South Chungcheong Province on October 21. ‘Yeonsan Ogye’ refers to a kind of chicken native to the Yeonsan region. The species [...]
SEOUL, Oct. 17 (Korea Bizwire) — Park Ji-hyun and her friends knew they were among the lucky ones when they bought tickets for South Korea’s friendly football match against Uruguay. “We had to wait until refunded tickets were on sale,” said Park, who visited Seoul World Cup Stadium in Seoul on Friday with her two [...]
SEOUL, Oct. 16 (Korea Bizwire) — More than 7 out of 10 luxury imported vehicles selling for more than 100 million won each have been registered under corporate entities, prompting critics to call for an investigation to verify whether the vehicles have been inappropriately registered for the purpose of evading taxes. According to data submitted [...]
JEJU, Oct. 16 (Korea Bizwire) — TMONET, a service developer and provider of electronic payment systems, announced yesterday that it was renovating a 3,000-square meter underground bunker no longer in use in Seongsan-eup, Seogwipo on Jeju Island to create an art installation exhibition featuring recreated works originally by Austrian painter Gustav Klimt. The exhibition, scheduled [...]
SEOUL, Oct. 16 (Korea Bizwire) — A new performance hall will be opening to the public on October 18 in the center of Seoul. At a press conference held at the Sejong Center for the Performing Arts yesterday, reporters were given a first-hand tour of “Sejong S Theater,” a space that aims to “break down [...]
SEOUL, Oct. 16 (Korea Bizwire) — Thanks to the rise of the Korean pop band BTS, sales of the group’s latest album released this year are expected to jump compared to last year. According to the Korea Music Copyright Association, the value of copyright fees collected from BTS’ new album during the first three quarters [...]
SEOUL, Oct. 16 (Korea Bizwire) — South Korea’s financial industry may have reached the point of excess where its growth will only undermine further economic development. According to the Korea Institute of Finance, credit lines at South Korean financial institutions tend to concentrate on unproductive household loans and small businesses that combine to hamper financial [...]