Topics Archives | Page 2 of 1356 | Be Korea-savvy

Archive by category Topics

Historic Tree that Helped Freedom Fighters Withstands Heat Wave

Historic Tree that Helped Freedom Fighters Withstands Heat Wave

YEONGDONG, Aug. 14 (Korea Bizwire) — A gigantic zelkova tree in North Chungcheong Province is known as the “independence fighter tree,” having been around for approximately 350 years in the small village of Bakgye-ri in Haksan-myeon, Yeongdong-gun. The tree got its nickname after villagers climbed up to keep watch over Japanese military police during the [...]

P2P Money-transfer Service Marks Exponential Growth in 2017

P2P Money-transfer Service Marks Exponential Growth in 2017

SEOUL, Aug. 14 (Korea Bizwire) — The amount of money transferred via South Korea’s P2P service applications surged nearly five times on-year in 2017 on the back of its growing popularity among young customers, the financial watchdog said Tuesday. According to the data compiled by the Financial Supervisory Service (FSS), the amount of transactions via [...]

Samsung Pay Most Popular Android Payment App in S. Korea

Samsung Pay Most Popular Android Payment App in S. Korea

SEOUL, Aug. 14 (Korea Bizwire) — Samsung Electronics Co.’s mobile payment system, Samsung Pay, boasted 8.86 million users in July in South Korea, making it the most popular Android-based financial app, data showed Tuesday. According to the data compiled by industry tracker WiseApp, Samsung Pay saw its number of users move up 53 percent from [...]

Hyundai Motor’s Video for Indian Market Hits Record Number of YouTube Views

Hyundai Motor’s Video for Indian Market Hits Record Number of YouTube Views

SEOUL, Aug. 13 (Korea Bizwire) — An advertisement video for South Korea’s No. 1 carmaker, Hyundai Motor Co., has drawn a record 215 million views on YouTube, according to an ad agency Monday. The video was produced by Innocean Worldwide Inc. to celebrate the 20th anniversary of the South Korean automaker’s inroads into the Indian [...]

40 Percent of S. Korean Municipalities at Risk of Being Abolished: Survey

40 Percent of S. Korean Municipalities at Risk of Being Abolished: Survey

SEJONG, Aug. 13 (Korea Bizwire) — About 40 percent of South Korean municipalities may be abolished in the future because of declining birthrates and an aging population, a survey by a state-run research institute showed Monday. Lee Sang-ho, a researcher at the Employment Information Service, released the study, conducted in June, which measured the sustainability [...]

Middle-Aged Consumers Increase Spending on Health and Looks

Middle-Aged Consumers Increase Spending on Health and Looks

SEOUL, Aug. 13 (Korea Bizwire) — According to e-commerce giant Gmarket, a growing number of middle-aged South Koreans are spending more money on dieting, skin care and other products or services that help them to maintain a youthful appearance. Those in their 40s and 50s are investing more in themselves, as they have the economic [...]

Sejong Launches High-Tech Bicycle Sharing Initiative

Sejong Launches High-Tech Bicycle Sharing Initiative

SEJONG, Aug. 13 (Korea Bizwire) — The city of Sejong has kicked off the first bicycle sharing service in the nation featuring IoT technology. According to the municipal government of Sejong, the smartphone application “New Eoulling,” an upgraded version of the existing bike sharing service, allows users to access shared bicycles by tracking them via [...]