SEOUL, Feb. 11 (Korea Bizwire) — Lotte Home Shopping Inc., a shopping unit of retail conglomerate Lotte, said Thursday it will launch a virtual fashion brand called LOV-F (Life of Virtual Fashion). Catering to the rising trend of virtual consumption, the company has decided to launch a virtual fashion brand after six months of planning. [...]
SEOUL, Feb. 11 (Korea Bizwire) — South Korea on Thursday launched a new at-home self-treatment program for people with mild COVID-19 symptoms. During the seven-day self-quarantine period, patients with mild symptoms who fall under the ‘general management group’ will be able to receive treatment from doctors over the phone for free. Although the government recommended [...]
SEOUL, Feb. 11 (Korea Bizwire) — A massive display made by Samsung Electronics Co. has been installed in the center of the stadium hosting the Super Bowl next week. The tech giant announced that it had supplied the ultra large-sized 360-degree oval LED display to SoFi Stadium in Los Angeles. The oval display will hang [...]
SEOUL, Feb. 10 (Korea Bizwire) — A new policy now requires dog owners to keep the leash shorter than 2 meters when going out for a walk. The Ministry of Agriculture, Food and Rural Affairs announced that the policy will take effect on Thursday. Even if the leash itself is longer than 2 meters, it [...]
SEOUL, Feb. 10 (Korea Bizwire) — College students are borrowing far fewer books at libraries following the coronavirus outbreak. The Ministry of Education and the Korea Education and Research Information Service conducted a survey of 433 universities across the country, which showed that each enrolled student borrowed an average of 2.3 books between March 2020 [...]
SEOUL, Feb. 10 (Korea Bizwire) — South Koreans spent a record high on Netflix last month, data showed Thursday, highlighting the video streaming giant’s popularity in the country despite a recent hike in subscription fees. Local credit and debit card payments on the video streaming platform reached 82.6 billion won (US$69 million) in January, the [...]
SEOUL, Feb. 10 (Korea Bizwire) — Foreign investors continued to purchase more shares than they sold in South Korea’s stock markets for the third straight month in January, central bank data showed Thursday. Foreigners picked up a net US$1.81 billion worth of local stocks last month, according to the data provided by the Bank of [...]
SEOUL, Feb. 10 (Korea Bizwire) — South Korea’s advertising market grew at the fastest-ever pace in 2021 on a surge in digital advertisements amid the coronavirus pandemic, a report showed Thursday. Advertising expenses in Asia’s fourth-largest economy amounted to 13.99 trillion won (US$11.7 billion) last year, up 20.4 percent from a year earlier, according to [...]
DAEJEON, Feb. 10 (Korea Bizwire) — Korea Railroad Corp. (KORAIL) on Wednesday unveiled a virtual reality (VR) video designed to make viewers feel like they are driving trains for themselves, through its YouTube channel. The new video is a follow-up to the online travel content that the train service operator released last year. The new [...]
SEOUL, Feb. 9 (Korea Bizwire) — Guatemala has sent a word of appreciation to the South Korean government for setting a foundation for turning lands devastated by climate change into forests, South Korea’s overseas aid agency said Tuesday. “We’d like to thank the South Korean government for their support in recovering the forests in Alta [...]