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 [...]
SEOUL, May 26 (Korea Bizwire) – Almost everyone has a skeleton or two in their closet. But once this sensitive information is posted online, it becomes almost permanent. A new ‘Right to be Forgotten’ standard set by the Korea Communications Commission (KCC) will go into effect starting June. But many questions still remain as to [...]
SEOUL, May 19 (Korea Bizwire) – South Korean and U.S. officials gathered here Thursday to discuss cooperation in the cybersecurity sector as both countries are experiencing an increase in online trade. The seminar brought together about 100 government, business and academic participants from the two sides to discuss trends in cybersecurity in critical infrastructure sectors, [...]
SEOUL, Jan.26 (Korea Bizwire) – Information about medication that has been taken in the past three months will now be available to individuals online. The Health Insurance Review & Assessment Service (HIRA) announced that it launched its ‘Medication I Took’ service on January 25. The service provides users with information on drugs and their effects [...]
SEOUL, Dec.4 (Korea Bizwire) – Over the past three days, nearly 100,000 individuals have visited the new online insurance supermarket known as Insurance Damoa, where users can compare different insurance plans make online insurance purchases. According to the General Insurance Association of Korea, as of midnight on December 2, a total of 98,210 users had [...]
SEOUL, Dec.3 (Korea Bizwire) – A battle between genders is sizzling online. Men and women are fighting each other through replies on the internet. Against the men who disparaged women on the internet as ‘Kimchi B**ches’, women who remained silent have started to raise their voices, resulting in a war without firearms. The firepower of [...]
SEOUL, Nov.24 (Korea Bizwire) – Next week, an online insurance supermarket will open for the first time in Korea. Customers will be able to compare different insurance plans online, and once a decision is made, even sign up for their chosen program. Officials say that by next year, online insurance shopping should be normalized as [...]