DAEJEON, Jan. 5 (Korea Bizwire) — A new study has found drinking one cup of coffee or green tea every day can help eliminate free radicals from the system. According to the study conducted by the Daejeon Metropolitan City Institute of Health & Environment, coffee and tea typically sold at cafes contain antioxidants such as [...]
SEOUL, Dec. 28 (Korea Bizwire) – South Korea’s government said Sunday that it will scrap 114 administrative rules cited by local companies for hindering businesses, at a time when it is trying to get companies to increase investment to jump-start the economy. The decision reached at a meeting between representatives from the business sector and [...]
SEOUL, June 07 (Korea Bizwire) – Forty two percent of small businesses in the nation seem to reckon that their business conditions have been improved by the “SME-suitable industry scheme” initiated by the government. A survey was conducted to find out how the nation’s 51 specific industries — designated as “SME-suitable” which aims to keep [...]
SEOUL, Korea, Mar 16, 2014 (Korea Bizwire) – A new pension scheme called a “donation pension plan” will be introduced from next year at the earliest. The scheme, also known as the Kim Jang-hoon plan named after a Korean rock-ballad singer who is famous for giving in excess of 10 billion won for the past [...]
GYEONBUK, Korea, Oct 24 (Korea Bizwire) – The Provincial Government of North Gyeongsang said that it has organized a 27-member medical volunteer group to dispatch to Vietnam. They will be sent to Quang Ninh Province in the northeast and the adjacent city of Haiphong for eight days from October 24 and 31, to administer medical [...]
Gwacheon, Korea, August 21 (Korea Bizwire) – When Korean Thanksgiving Day, Chuseok, comes around the corner, Koreans seek for holiday gift ideas. For this year’s holiday, goods made by social enterprises, which provide social services or jobs for the underprivileged, can be excellent gift choice. Not only the products boast good quality but also they are [...]
Seoul, July 05 (Korea Biz Wire) – The Korean government on June 26 announced new measures aimed at easing the financial burden on college students and graduates struggling with heavy student loan debt. Effective July 15, the initiative expands eligibility for the government’s low-cost loan program to reach more borrowers. Under the revised plan, students who took [...]