* Date : 2016-12-17
Culture of Jeju Haenyeo Recognized by UNESCO
At the 11th Session of the Intergovernmental Committee of the UNESCO Convention for the Safeguarding of Intangible Cultual Heritage of Humanity, held on November 30th, the decision was made to inscribe the culture of Jeju haenyeo (women divers) on the Representative List of the Intangible Cultural Heritage of Humanity.
The culture of Jeju haenyeo refers to all tangible and intangible cultural heritage arising from their way of life and diving, including folk knowledge about catching seafood, religion, songs, working tools and clothing as well as communal practices.
Haenyeo are symbols of strong women in Jeju. They swam against harsh currents without any equipment to make a living for their families. They earned their recognition among the heritage of humanity for the value they represent. However, the continued decline in their numbers means that the culture of the haenyeo community in Jeju could be lost forever. Let's take a look at the past and present of the haenyeo of Jeju.
How Fintech is Changing the Finance Market
A fintech trend is taking over the finance market. Fintech is a combination of finance and technology, and refers to financial services that make use of information technology. Services such as easy payment and easy transfers, leading examples of fintech, are being used at a rapidly increasing rate. Global IT companies are also entering the fintech competition, breaking down the financial market's boundaries. Established banks are offering various fintech services such as unmanned smart kiosks and mobile finance apps.
We report on the effect the fintech trend has had on the shape of the finance market.
Wolfsburg is a city located in the mid-Northern region of Germany. At one point in the 90s, unemployment in the region was as high as 17.9%, but the establishment of 'Autostadt', a theme park for cars in 2000 by partnership between an automaker and the government, led to its revival into one of the most prosperous regions in Germany. Industrial tourism, in which factories and industrial facilities with cultural meaning are transformed into tourism resources, is rising as a solution for revitalizing local economies. While Korea's rate of foreign exchange earning is 80%, the number falls to below 5% when it comes to industrial tourism. The government began developing industrial tourism in Korea in 2012. Find out how far it has come since, and where it is headed in the future.
The start-up trend is gathering speed across the world. However, original ideas and technology are often not enough to negate the obstacles faced by inexperienced and under-funded start-ups, which struggle to secure investments or markets. According to Statistics Korea, only 60% of start-ups survive beyond their first year.
As a result, accelerators that provide real experience and know-how are gaining attention. Accelerators provide expert mentoring to start-ups, and often invest in them directly to foster their growth.
We took a closer look at the start-up coordinators known as accelerators, led by first-generation venture entrepreneurs.