DAEJEON, Nov. 11 (Korea Bizwire) — Native plants from South Korea have been found to contain anti-viral substances. A research team from the Institute for Basic Science found that astersaponin I contained in the Korean daisy and lancemaside A saponin contained in mountain herb roots, known as “deodeok” in Korean, curb the risk of coronavirus [...]
SEOUL, Nov. 11 (Korea Bizwire) — Major South Korean lender Hana Bank announced that it has converted its closed branch in Seoul’s central Euljiro neighborhood into a complex cultural space called H.art1 through remodeling. H.art1 consists of four floors. On the first floor are installed ATMs and cafes. On the second floor, about 110 artworks [...]
SEJONG, Nov. 10 (Korea Bizwire) — The administrative city of Sejong is coming up with various plans to support residents with pets. The city government announced Wednesday that it will provide subsidies to basic welfare beneficiaries, persons with severe disabilities and seniors in single households for keeping their pets healthy. For each pet per household, [...]
TONGYEONG, Nov. 10 (Korea Bizwire) — The Coast Guard has recently gained media attention for visiting “haenyeo” to learn about their practices and traditional know-how. Haenyeo (Sea Women) in Korean refers to female divers who make their living harvesting seafood by hand from the ocean floor without breathing equipment. The Tongyeong Coast Guard hosted a [...]
JEJU, Nov. 10 (Korea Bizwire) — The Jeju Provincial Government and the Jeju Tourism Organization said Wednesday that they completed a unique tour program designed to promote barrier-free tourism from Nov. 3-5. The tour program, which was conducted in collaboration with the Korea Association of the Deaf, welcomed 19 hearing-impaired people and their families residing [...]
SEOUL, Nov. 9 (Korea Bizwire) — South Korea’s home appliance makers are targeting consumers with small-size home appliances amid the economic downturn. LG Electronics Inc. released the new LG Dios Dishwasher Objet Collection for 6 People, which can be installed in a smaller kitchen. It is suitable for households with one or two people, and [...]
SEOUL, Nov. 9 (Korea Bizwire) — Lotte Department Store said Tuesday it will join hands with animal rescue organization We Act to keep abandoned dogs warm throughout the winter. Temporary protection facilities in which rescued animals reside prior to adoption are often little more than cold shipping containers and require a separate heating device in the [...]
SEOUL, Nov. 9 (Korea Bizwire) — Foreign investors turned net buyers of South Korean stocks in October despite continued global monetary tightening as they picked up oversold shares, central bank data showed Wednesday. Foreigners’ stock investment funds logged a net inflow of US$2.49 billion in October, swinging from the previous month’s net outflow of $1.65 [...]
SEOUL, Nov. 9 (Korea Bizwire) — South Korea added jobs for the 20th straight month in October, data showed Wednesday, but the growth continued to slow for the fifth month in a row as the country braces for a possible recession amid high inflation and slowed growth. The number of employed people stood at 28.41 [...]
SEOUL, Nov. 8 (Korea Bizwire) — The usage of gatherings, concerts and outdoor dining apps has jumped in the second half of this year with the lifting of social distancing rules, data showed Monday. NHN Data, a unit of leading South Korean information technology company NHN Corp., analyzed app usage trends among 28 million Android [...]