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* Date : 2018-02-08

InsideBiz Episode 46
ITS, changing the transportation system

The traffic congestion cost for seven major cities in Korea has increased by 37.9% for the past decade. And ITS, or Intelligent Transportation System, which can improve safety of citizens and tackle the traffic issues at the same time, has brought about a significant paradigm shift. It is a system that has implemented various electronic, information, communication and control technologies. It has been introduced by major cities and private companies and contributed to reducing traffic congestion. Smart intersection traffic information system and smart parking system which have been introduced to the transportation system in Busan are the examples. Based on the deep learning algorithm, it collects and transfers data and provides information to the citizens so that they can park their cars more conveniently. Also, there is a private company which has developed smart traffic lights based on the deep learning technology and it has enhanced safety of the pedestrians. On Smart Korea, we report on ITS, which has contributed to reducing traffic congestion and improving safety of pedestrians and drivers.

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"Meaning out," expressing beliefs through consumption

"Meaning out" has emerged as one of the latest consumption trends among the younger generation. It is a consumption pattern that purchases goods based on their political and social beliefs aside from personal tastes. It has gained popularity on SNS as a meaningful consumption method. Consumers reveal their convictions through hashtags and boost consumption based on their beliefs. Lettering designs in fashion with short slogans as well as various goods that contain messages about environmental protection and endangered animals are the examples of "meaning out" consumption. Moreover, there are consumers who go on a vegetarian diet as a way to expose their convictions. They have preferred vegetarian diets to protect global environment and slaughtered animals. On Trend Biz, we introduce various types of "meaning out" consumption trends.

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Impact of the minimum wage hike in 2018

It has been over a month since the hourly minimum wage was increased by 16.4% than last year. The hourly minimum wage for 2018 was increased to 7,530 Korean won which is about 6.60 dollars and the government pledged to raise it to 10,000 Korean won which is about 8.9 dollars by the year 2022. It marks a big step toward realizing the goal of an hourly minimum wage of 10,000 Korean won, which is about 8.9 dollars. On Biz Issue, we look into the responses from all walks of life including a restaurant that employs part-timers and an apartment complex which hires about 30 safety guards and sanitation workers. Also, we analyze the expected impact of the minimum wage hike on the society.

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No,Date,Full Contents Review,Buying등의 정보로 이루어진 목록
No Date Full Contents Review VOD
62 2018-05-31 InsideBiz Ep.62 [ Smart furniture, bringing changes in people's lives / Smart furniture / Lumir ] V
61 2018-05-24 InsideBiz Ep.61 [ ICT, bringing a paradigm shift in education / Korea Health Industry Development Institute / YE PHARM, producing Ice Cooling Sheet ] V
60 2018-05-17 InsideBiz Ep.60 [ Sound wave / KOBA 2018 / Bagel Labs, developing a smart tape measure ] V
59 2018-05-10 InsideBiz Ep.59 [ Deep learning technology / Rise of domestic startups amid / Continuous growth of the kids industry ] V
58 2018-05-03 InsideBiz Ep.58 [ Rise of image restoration techniques / Smart healthcare / Precycling ] V
57 2018-04-26 InsideBiz Ep.57 [ Ongoing development of domestic laser industry / Rise of biometrics in information security sector / Electric vehicles ] V
56 2018-04-19 InsideBiz Ep.56 [ 3D medical industry / EduTech / Vietnamese market ] V
55 2018-04-12 InsideBiz Ep.55 [ Spectroscopic analysis technology / Seasonal marketing / Fixed monthly charge ] V
54 2018-04-05 InsideBiz Ep.54 [ Lithium-ion Battery / Querencia / Local currencies ] V
53 2018-03-29 InsideBiz Ep.53 [ LED & OLED / Rebranding / Evolving businesses for seniors ] V
52 2018-03-22 InsideBiz Ep.52 [ 3D scanner / Home furnishing / Reflecting changing consumption trend ] V
51 2018-03-15 InsideBiz Ep.51 [ Computer graphics /Ultra violet /Traditional liquor industry ] V
50 2018-03-08 InsideBiz Ep.50 [ Marine robots /Domestic coffee industry /Nudge marketing ] V
49 2018-03-01 InsideBiz Ep.49 [ Hologram /'Hopping' /Economic impact of fine dust ] V
48 2018-02-22 InsideBiz Ep.48 [ Micro Mobility Market /Curation Commerce /KOSDAQ market ] V
47 2018-02-15 InsideBiz Ep.47 [ New IoT technologies/Marketing trends amid the arrival of 2018/Growing significance of work-life balance] V
46 2018-02-08 InsideBiz Ep.46 [ ITS/Meaning out/Impact of the minimum wage hike ] V
45 2018-02-01 InsideBiz Ep.45 [ Sensors market/Untact marketing/A paradigm shift in the distribution sector ] V
44 2018-01-25 InsideBiz Ep.44 [ OLED industry/Rise of placebo consumption/Decreasing number of offline banks ] V
43 2018-01-18 InsideBiz Ep.43 [ Outlook for the economic policy in 2018/Sharing Economy/Augmented Reality Market ] V
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