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50,000 Won Bill to be Issued in June
The new 50,000-won bill is to be issued on June 24. The new banknote will be 154 millimeters in width and 68 millimeters in length. The yellow-toned currency will feature Shin Saim-dang, a renowned female writer and calligraphist who was the mother o...
Economic Downturn Corks Wine Popularity
Koreans love wine. Not just ordinary or cheap wine BUT EXPENSIVE WINE. But now, bottles of fine "vino" are being marked down on everything-must-go sales.Why?The economic downturn is the main reason. Sales are declining because people tend to turn ...
eBay Inc. Signs Deal to Buy Gmarket
eBay Inc. already owns Internet Auction Co. Now, it is going to buy Gmarket, the biggest Korean online retailer. eBay Inc. signed a deal Thursday to buy a 34.21 percent stake in Gmarket Inc., for $413 million, Yonhap News reported Thursday.The de...
Foreigners Obliged to Provide Fingerprints from H2 2009
Beginning the latter half next year, foreign visitors aged over 17 should mandatorily provide their fingerprints and facial pictures to the Korean government.The Ministry of Justice announced the new legislation on the revised bill ‘Immigration Con...
Marketers Target 'Mom-Bloggers'
Consumer electronics companies are trying harder to create relationships with bloggers to generate a buzz about their products, which has some tech-savvy housewives sitting on snowy piles of freebies. These marketing campaigns are a growing breed as ...

