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Economy

Concept of sharing economy

2013-01-14

Last year, TIME Magazine chose the “sharing economy” as one of ten ideas that will change the world. A sharing economy is a new spending solution born ...

New fuel cells for long-distance flight

2013-01-14

An unmanned plane has successfully completed a long-distance flight, powered by a fuel cell developed by a team of Korean scientists. The Korea ...

Gender difference in labor time

2013-01-14

Koreans are known to be some of the most diligent people in the world, pushing up the nation’s per capita gross national income, from a paltry 67 dollars ...

#Key Business Issue

Korea’s prospect of free trade agreements in 2013

2013-01-07

Because of the worldwide economic slump, exporters around the globe are bound to see their businesses falter this year. Nonetheless, Korea’s automotive ...

Surging popularity of affordable mobile phones

2013-01-07

Today’s smart mobile phones often cost more than 700 U.S. dollars. Such expensive mobile phones are quite a burden to financially strapped consumers. ...

Discovery of a bone-binding protein

2013-01-07

Record-breaking cold snaps and heavy snowstorms have locked Korea in a deep freeze. Icy and slippery streets are hazards that sent many Koreans ...

Predictions about this year’s hottest items

2013-01-07

The year of the snake has dawned and as consumers, we are naturally curious about which items will become the hottest “it” items of 2013. As the global ...

#Key Business Issue

New leaderships in the United States and China and its implications for the Korean economy

2012-11-12

Incumbent U.S. President Barak Obama was reelected to the White House while the 18th Congress of the Chinese Communist Party, ushering in a new leadership ...

Growing popularity of nostalgic stores

2012-11-12

The keyword for this year’s Korean dramas and movies was nostalgia. TV shows and films evoking nostalgia have drawn emotional responses and, subsequently, ...

New technology of flower preservation

2012-11-12

There is a Korean saying that no flower lasts ten days, meaning that power or beauty lasts only for a short time. But now there is a new way to preserve ...

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