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Yuhan-Kimberly Launches Hi-Tech Diapers

Yuhan-Kimberly Launches Hi-Tech Diapers

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 [...]

S. Chungcheong Province to Host Ritual for Deceased Pets

S. Chungcheong Province to Host Ritual for Deceased Pets

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 [...]

76 pct of Luxury Imported Vehicles Registered for Corporate Use

76 pct of Luxury Imported Vehicles Registered for Corporate Use

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 [...]

“Immersive” Art Exhibition Coming to Jeju

“Immersive” Art Exhibition Coming to Jeju

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 [...]

South Korean Economy Exposed to Dangers of Easy Credit

South Korean Economy Exposed to Dangers of Easy Credit

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 [...]