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Drive-through Services Spread Nationwide

Drive-through Services Spread Nationwide

SEOUL, March 20 (Korea Bizwire) — As the coronavirus outbreak continues to spread, more people are shunning direct contact with others. In turn, drive-through services where people can purchase goods and services from their own cars is gaining popularity. Pohang Jecheol Middle School, located in Pohang, North Gyeongsang Province, distributed school materials to families of [...]

Businesses Introduce Products, Services to Overcome ‘Corona Blues’

Businesses Introduce Products, Services to Overcome ‘Corona Blues’

SEOUL, March 20 (Korea Bizwire) — A growing number of South Koreans are becoming depressed as they suffer from the effects of the so-called ‘corona blues,’ a depressive phenomenon caused by a lack of outdoor activities due to the coronavirus outbreak. The ‘corona blues’ refers to a depressive symptom for staying indoors for too long. [...]

S. Korean Protestant Churches Defy Social Distancing Directives

S. Korean Protestant Churches Defy Social Distancing Directives

SEOUL, March 17 (Korea Bizwire) — As cases of mass coronavirus infections are breaking out at a number of churches around Seoul, people are criticizing Protestant churches that insist on holding services despite the current outbreak. Recently, a case of mass infection at the River of Grace Community Church in Seongnam, just south of Seoul [...]

Big Protestant Churches Have No Plan to Cancel Services Despite Outbreak

Big Protestant Churches Have No Plan to Cancel Services Despite Outbreak

SEOUL, Feb. 27 (Korea Bizwire) — Many big Protestant churches in Seoul have still remained reluctant to suspend their Sunday services this coming weekend, raising concerns over possible mass infections of the coronavirus. Yeouido Full Gospel Church in Seoul, the biggest Protestant church in South Korea with 560,000 followers, said Thursday that it will hold [...]

Online-to-offline Market Growing Larger Every Day

Online-to-offline Market Growing Larger Every Day

SEOUL, Feb. 5 (Korea Bizwire) — The volume of transactions made through online-to-offline (O2O) services increased last year from the year prior, a recent report showed. O2O refers to services that allow users to order food, call a taxi or rental car, and book accommodations and leisure anytime, anywhere through mobile phone applications. According to [...]

Banks Jump into Other Industries to Better Engage with Customers

Banks Jump into Other Industries to Better Engage with Customers

SEOUL, Nov. 27 (Korea Bizwire) — South Korean banks are going beyond past practices to collaborate with other industries. KB Kookmin Bank’s Liiv Mobile is gaining the attention of the financial services market by combining finance and communications technology. Current legislation states that banks cannot engage in business activities outside of their traditional domain. However, [...]

Industrial Output on the Rise Across All Sectors

Industrial Output on the Rise Across All Sectors

SEJONG, Aug. 31 (Korea Bizwire) — South Korea’s industrial output rose at the fastest pace in six months in July on gains in cars and electronic devices, government data showed Thursday. Production in the mining, manufacturing, gas and electricity industries climbed 1.9 percent on-month in July, turning around from a 0.5 percent on-month drop in [...]

South Korea’s Nascent AI Industry Focused on Medical and Service Sectors

South Korea’s Nascent AI Industry Focused on Medical and Service Sectors

SEOUL, June 1 (Korea Bizwire) – With artificial intelligence rapidly spreading across global industries, the latest study from the National Information Society Agency (NIA) has revealed that South Korean startups tend to focus their AI development on the medical and convenience service sectors.  The NIA based its study on 19 startups here that had a [...]