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Fake Divorces Emerge as a Way to Buy an Apartment on the Cheap

Fake Divorces Emerge as a Way to Buy an Apartment on the Cheap

SEOUL, Jul. 27 (Korea Bizwire) — A middle-aged South Korean woman got married to and divorced from the same man twice, a rare occurrence in most parts of the world. But the couple’s on-again, off-again relationship may have been motivated by more than just their feelings for each other: The couple’s fake divorce appears to [...]

“Out with Secondhand Smoke” in Seoul’s Gangnam District

“Out with Secondhand Smoke” in Seoul’s Gangnam District

SEOUL, Jun. 20 (Korea Bizwire) — In an attempt to stop the spread of secondhand smoke, the local government office of Gangnam-gu in Seoul has announced today that it is cracking down on people smoking in the streets. Gangnam-gu also said it was strengthening efforts to publicize the harms of smoking. Currently, there are a [...]

Appetite Grows for Apartment Complexes That Offer Breakfast

Appetite Grows for Apartment Complexes That Offer Breakfast

SEOUL, Jun. 8 (Korea Bizwire) — Yang Jong-moon’s routine for the past few months has involved dropping by his apartment complex’s community center once or twice a week to pick up breakfast before he heads off to work. In September, the Banpo Riche apartment building where he lives began to offer breakfast to its residents [...]

Hongik University Station Top Location for Illicit Filming of Women

Hongik University Station Top Location for Illicit Filming of Women

SEOUL, April 17 (Korea Bizwire) — More than 80 reports of “molca”, the Korean word denoting the surreptitious filming of women’s bodies, came out of Seoul’s Hongik Univ. Station on Line 2, the subway station servicing the Hongik University neighborhood highly popular with foreign tourists and South Korean youth. Among the undesirable “top ten” subway [...]

Soaring Housing Prices a Conundrum for Homebuyers, Policymakers

Soaring Housing Prices a Conundrum for Homebuyers, Policymakers

SEOUL, Mar. 2 (Korea Bizwire) — Purchasing a home may be the largest-ever financial transaction for many ordinary citizens, such as Han Jung-min, a 40-something office worker who dreams of settling down in the posh district of Gangnam in southern Seoul. The problem facing such first-time homebuyers always boils down to timing — is it [...]

Women in their 20s and 30s Core Customers of Traditional Liquors

Women in their 20s and 30s Core Customers of Traditional Liquors

SEOUL, Feb. 6 (Korea Bizwire) — Recent market analysis has revealed that women in their 20s and 30s comprise nearly half the consumer base for Korean traditional alcoholic beverages. From July to December (2017), women between the ages of 20 and 39 were responsible for 49.7 percent of online traditional liquor sales (9.7 percent by [...]