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“Saddest Record Store in the World” Closes Seven Months after Extremist Attack

“Saddest Record Store in the World” Closes Seven Months after Extremist Attack

ISTANBUL, Jan. 17 (Korea Bizwire) – Velvet Indieground, a record shop in Istanbul run by a Korean expat, has closed. The store figured prominently in the media after what an extreme Islamist attack on June 17 of last year, when a handful of Turkish individuals entered the premises, assaulted customers with metal and wooden clubs, [...]

Vehicle Registration Grew 3.9 Pct in 2016: Ministry

Vehicle Registration Grew 3.9 Pct in 2016: Ministry

SEOUL, Jan. 17 (Korea Bizwire) – The number of registered vehicles in South Korea continued to grow, nearing 22 million in 2016, the government said Tuesday.  Car registrations came to 21,803,351 units as of end-2016, up 3.9 percent or some 813,000 from a year earlier, according to the Ministry of Land, Infrastructure and Transport.  The [...]

Sale of SK Telecom’s AI Devices Topped 40,000: Watchers

Sale of SK Telecom’s AI Devices Topped 40,000: Watchers

SEOUL, Jan. 16 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. sold more than 40,000 units of its Artificial Intelligence (AI) home assistant service in four months, market watchers said Monday.  The service, called NUGU, which means “who” in Korean, is the advanced voice recognition butler service that allows users to control [...]

A Stressful Year? Cigarette Sales Rise in 2016, Boosting Government Coffers

A Stressful Year? Cigarette Sales Rise in 2016, Boosting Government Coffers

SEOUL, Jan. 13 (Korea Bizwire) – It’s already two weeks into the new year, which means that more than a few smokers will have failed, once again, with their resolution to butt out.  Cessation clinics in Korea tend to boom in early January, with smokers excited about the new, healthy lives that they’re about to [...]

Are “Giant Sponge Cake” Franchises Ripping Off Customers?

Are “Giant Sponge Cake” Franchises Ripping Off Customers?

SEOUL, Jan. 13 (Korea Bizwire) – Giant sponge cakes, better known as giant “Castella” in Korea, originated in Tamsui, Taiwan. As the name suggests, they are about twice the size of typical sponge cakes, measuring 10 to 11 centimeters long and 18 centimeters wide.  The cakes first gained widespread recognition in Korea through tvN reality [...]