SEOUL, May 6 (Korea Bizwire) — Global tech companies, which are making huge profits in South Korea, have been criticized for their behavior in the local market, by failing to comply with domestic policies or excluding the country from major services. Netflix Services Korea Ltd., the Korean unit of the U.S. streaming giant, filed a [...]
SEOUL, April 21 (Korea Bizwire) — The South Korean religious community is set to resume public meetings and services that have been on hold for nearly two months due to the novel coronavirus, after social distancing guidelines were eased. The government earlier said it will extend social distancing for two more weeks, but it has [...]
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 [...]
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. [...]
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 [...]
SEOUL, March 9 (Korea Bizwire) — In order to prevent further spread of the novel coronavirus, local religious groups have been asked to refrain from any religious services and gatherings for the foreseeable future. As such, places of worship remain deserted, with no followers visiting, as many are now tuning in to online services. Yeouido [...]
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 [...]
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 [...]
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, [...]
SEOUL, Oct. 2 (Korea Bizwire) — The sleep industry is on the rise, which has even led to a new word, “sleeponomics,” a portmanteau of sleep and economics. A market that was worth 500 billion won (US$414 million) in 2012 recently surpassed the 2 trillion won milestone. The sleep market is expected to surpass 3 [...]