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Korean Paper-based Wet Wipes Launched to Answer Health Concerns about Harmful Chemical

Korean Paper-based Wet Wipes Launched to Answer Health Concerns about Harmful Chemical

SEOUL, Oct. 3 (Korea Bizwire) — The wet wipe market in Korea has grown to 270 billion won (US$254 million), but controversies whether wet tissues are safe for human health are still raging on. Recently a news report caused stir among consumers as it exposed most wet wipe products sold in Korea contain “cetrimonium bromide,” an antiseptic [...]

Depositor Protection Act to Be Amended to Protect 50 Mil. Won in Retirement Pension

Depositor Protection Act to Be Amended to Protect 50 Mil. Won in Retirement Pension

SEOUL, Oct. 3 (Korea Bizwire) — The Financial Services Commission gave an advance legislation notice of an amendment to the Depositor Protection Act. The amendment stated that it would offer protection worth up to 50 million won per person to retirement pensions separately from regular financial products starting at the end of this year. Until now, [...]