Latest News
Shopping Habits in Korea Changed Due to COVID-19
When you walk down the streets of Myeongdong, Dongdaemun, Garosugil (Sina-dong), and even inside COEX mall, you will notice that more and more stores are shutting down. Offline stores have been under pressure due to online retailers even before COVID-19. Shopping habits in Korea are changing as…
Will Bank of Korea Launch Digital Currencies in Korea?
The Bank of Joseon introduced currency notes in Korea back in 1946. 4 years later, a new central bank called the Bank of Korea replaced the Bank of Joseon. Now they play a major role in maintaining price stability in South Korea. However, recently with the rise of Bitcoin and other…
Why is the Youth Unemployment Rate in Korea so High?
The youth unemployment rate in South Korea currently stands at 10%. South Korea overall lost over 1 million jobs from the same time last year. The majority of job loss was in the service sector which has been hit especially hard during the coronavirus pandemic. Retail jobs, hotel jobs, and…
Quickwork Helps Enterprises Build Automated Workflows
There is no doubt that modern enterprises are facing a significant challenge when connecting different applications and systems to automate workflows and processes. On the one hand, enterprises need to ensure that their solutions are flexible, easy-to-use, and accessible for all employees. On the…
10 Creative Online Classes on Class101 – English Site
Class101 is a Korean educational startup that offers online courses where you can learn a wide variety of things. From drawing, cooking, photography, and crafts to business skills for your career, it offers a wide range of kinds. If you are looking for a new hobby or want to develop skills that can…
The AR and VR Industry in South Korea – A Complete Breakdown
The XR market is one of the hottest/fastest-growing industries in the world. XR refers to extended reality and incorporates both AR and VR technology. The global VR market alone is projected to reach $5.1 billion by 2023. The South Korean government has supported the Korean tech startup scene which…
