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Gangnam District Residents to Receive Up to 4 Million Won for Firstborn

Gangnam District Residents to Receive Up to 4 Million Won for Firstborn

SEOUL, Dec. 21 (Korea Bizwire) – Seoul’s Gangnam District said Tuesday it will expand its childbirth and postnatal care subsidies next year. The district has been giving out 300,000 won (US$233) for the firstborn and 1 million won for the second-born child. Starting in January of next year, all parents of newborn children will receive [...]

Residents of Seoul’s Gangnam District Have Highest Average Salary

Residents of Seoul’s Gangnam District Have Highest Average Salary

SEOUL, Aug. 25 (Korea Bizwire) — Seoul’s affluent Gangnam District has the highest average salary per resident among all cities, counties and districts in the country, a lawmaker said Wednesday. Rep. Kim Hoi-jae of the main opposition Democratic Party analyzed the Annual National Tax Statistics report, which showed that each Gangnam resident made an average [...]

JD Sports to Open First Store in S. Korea Next Month

JD Sports to Open First Store in S. Korea Next Month

SEOUL, March 26 (Korea Bizwire) – JD Sports Fashion PLC, a major British sports fashion retailer, will open its first Korean store in Seoul next month as part of its overseas expansion drive, its local unit said Monday. The new store will open in the affluent Gangnam district on April 13, marking the firm’s first inroad into the Northeast Asian market, according to JD Sports Fashion Korea, a joint venture set up by the British firm [...]

Seoul to Introduce Smart Sensors to Curb ‘Lonely Deaths’

Seoul to Introduce Smart Sensors to Curb ‘Lonely Deaths’

SEOUL, Jun. 22 (Korea Bizwire) — In response to a rash of deaths among individuals living alone, which in some cases go unreported for as long as weeks, the Seoul Metropolitan Government is adopting smart sensors in a bid to tackle the worrisome trend. The smart sensors, courtesy of major South Korean telecom provider KT, [...]

Seoul’s Richest Neighborhoods Have Lowest Female Obesity Rates

Seoul’s Richest Neighborhoods Have Lowest Female Obesity Rates

SEOUL, Jan. 24 (Korea Bizwire) – A recent study by the Seoul Institute has revealed that Seoul’s three richest districts – Gangnam, Seocho, and Songpa – have lower female obesity rates than other neighborhoods in the capital. According to the study, the obesity rate for adult men residing in Seoul was 31.7 percent and for [...]