SEOUL, March 24 (Korea Bizwire) — The new coronavirus outbreak in South Korea has resulted in the rise of insurance subscriptions through online channels. Thanks to the ease of subscribing to insurance plans on the Internet or via mobile devices, the interest of the middle-aged as well as those in their 20s and 30s has [...]
SEOUL, March 16 (Korea Bizwire) — SK Telecom Co. South Korea’s top mobile phone operator, announced on Sunday that it will hold a shareholder’s meeting online on March 26 due to the coronavirus spreading worldwide. The decision comes as the company seeks to bolster its shareholder-friendly management by helping shareholders to participate in the meeting [...]
SEOUL, March 10 (Korea Bizwire) — South Koreans will soon be able to place liquor orders online, using the internet or smartphone apps, before picking up their orders at retail establishments such as restaurants and convenience stores. The National Tax Service (NTS) said Monday it had voted to allow liquor retailers to make sales using [...]
SEOUL, March 9 (Korea Bizwire) — With the novel coronavirus outbreak hampering all private investor seminars and investment counseling by securities companies, investment content published on YouTube and other online programs is gaining popularity. The web seminar on investment strategy conducted by Mirae Asset Global Investments, South Korea’s leading asset management firm on April 27 [...]
SEOUL, Jan. 3 (Korea Bizwire) — A growing number of South Korean households are using the internet and mobile devices to buy food, a recent study has revealed. The Ministry of Agriculture, Food and Rural Affairs and the Korea Rural Economic Institute (KREI) conducted a survey of 2,016 households, 78.6 percent of whom responded that [...]
SEOUL, Sept. 30 (Korea Bizwire) — As the number of neighborhood bookstores has halved in the past 18 years, some have pointed out that measures are needed to revitalize small and medium-sized bookstores. According to data submitted by the Ministry of Culture, Sports and Tourism to Rep. Han Sun-kyo of the Liberty Korea Party, the [...]
SEOUL, Aug. 21 (Korea Bizwire) – Online consumers still see offline stores as a crucial part of shopping, a recent study has shown. In addition, unlike the belief that consumers will engage in online shopping during lunch, breaks, or before they go to bed, it was also revealed that many shopped during work hours. DMC [...]
SEOUL, Jan. 16 (Korea Bizwire) — The Ministry of Health and Welfare announced on Tuesday a revised law on suicide prevention, which makes sharing suicidogenic information online illegal. If caught distributing such information, the individual responsible will be sentenced to jail time. The revised law will take effect in six months, on July 16. The [...]
SEOUL, Oct. 11 (Korea Bizwire) — A survey has revealed that 2 out of 5 respondents were unable to differentiate between real and fake news. According to a survey that was jointly carried out by Rep. Kim Sung-soo and the Green Consumer Network in Korea between September 21 and 27, many people were found to [...]
SEOUL, Oct. 10 (Korea Bizwire) — Some 60 percent of bank services and products, including deposits and lendings, are processed online, regulator’s data showed Wednesday, indicating a trend for non-face-to-face financial services. Records provided by Financial Supervisory Service to Rep. Lee Hack-young of the ruling Democratic Party showed that, of the 11.69 million banking services [...]