SEOUL, Feb. 4 (Korea Bizwire) – Ahead of the Valentine’s Day season, the portion of imported chocolate products has steadily increased over the past three years. According to Lotte Mart, sales of imported chocolate during the Valentine’s season (from Feb. 1 to 14) increased from 39.4 percent in 2012 and 54.5 percent in 2013 to 58.3 [...]
SEOUL, Feb. 4 (Korea Bizwire) – The number of marriages in 2014 is expected to reach an all-time low, while the number of newborns in 2014 is also expected to be low. The figures are fueling worries that low fertility rates and an aging population are becoming more imminent problems. According to Statistics Korea (KOSTAT), the accumulated [...]
SEOUL, Feb. 4 (Korea Bizwire) – The Korea Broadcast Advertising Corporation (KOBACO) is holding an exhibition of up-cycled products made by ex-homeless citizens who have successfully lent themselves to self-sustainability. The exhibition is being held at the Gwang Gyo Gallery, beside the Cheonggye stream in downtown Seoul, until March 15. The exhibition features 12 up-cycled products such [...]
SEOUL, Feb. 3 (Korea Bizwire) – Korea Exchange Bank (KEB) is launching 15,000 sets of Lunar New Year gift boxes composed of foreign currency bills. The gift sets will be sold on a limited basis, starting from February 4, and will only be available for purchase at KEB branches. Korean elders have a custom of giving [...]
SEOUL, Feb. 2 (Korea Bizwire) – Although 3,648,000 tons of milk were consumed in 2014, marking the highest milk consumption rate ever in Korea, the amount of milk for inventory was also the largest in 2014 due to the rise of imported milk products on the Korean market. The amount of milk for inventory reached 232,000 tons in [...]
SEOUL, Feb. 2 (Korea Bizwire) – Fissler Korea is holding a special exhibition of steel arts, in celebration of its 170th anniversary, on the 8th floor of the Lotte Department Store Main Branch until February 5. Steel artworks in the exhibition entitled ‘Fissler Heritage Lounge’ are reflective of the history of innovation in Fissler’s cookware that [...]
SEOUL, Jan. 31 (Korea Bizwire) – A young Korean Designer’s braille reader design was selected as a nominee for a Lexus Design Award 2014. The young designer, Jeong Joo-Cheon, was one of 12 nominees selected among 1,171 contestants from 72 countries. The third Lexus Design Award’s 12 nominees were screened by 6 jury members, including [...]
SEOUL, Jan. 30 (Korea Bizwire) — POSCO has been actively involved in the rehabilitation of people in Mozambique by teaching agricultural skills based on Saemaul Undong, or New Community Movement, which former President Park Chung-hee introduced in Korea in 1970s. Together with KOICA, it runs the Mozambique Saemaul Agricultural Training Center, which offers instruction in farming [...]
SEOUL, Jan. 30 (Korea Bizwire) — The First Republic of Korea Army (FROKA) opened the first book cafe at the 12th division general outpost(GOP), on the front line in Gangwondo. The FROKA has been continuing its campaign of implanting a reading culture in the army since last October, and has created a container book cafe with [...]
SEOUL, Jan. 29 (Korea Bizwire) — A lovely rendition of Italian carmaker Fiat’s Cinquecento city car in a fridge has appeared on Daegu Department Store’s ninth floor. Ever thought of pulling out a refreshing soda can from under the beautiful retro hood of a Fiat? SMEG’s Fiat 500 is a small retro refrigerator in the form [...]