SEOUL, Jan. 10 (Korea Bizwire) — The government said Friday it will provide an initial allowance of 3 million won (US$2,057) to the families of the Jeju Air plane crash victims. Acting Interior Minister Ko Ki-dong said during a meeting of the Central Disaster and Safety Countermeasure Headquarters that the “emergency living expense allowance” will [...]
SEOUL, Jan. 10 (Korea Bizwire) — The season’s coldest weather peaked Friday morning, with temperatures in the Gangwon and northern Gyeonggi provinces plummeting below minus 20 C, the state weather agency said. The morning temperatures in Pyeongchang, Gangwon Province, and Gapyeong, Gyeonggi Province, plunged to minus 24.9 C and minus 21.1 C, respectively, at 7 [...]
SEOUL, Jan. 10 (Korea Bizwire) — Internationally acclaimed Korean director Bong Joon-ho’s new film, “Mickey 17,” is set to premiere in South Korea next month, the film’s distributor said Friday. The sci-fi fantasy will hit theaters Feb. 28 in South Korea, followed by a North American release on March 7, according to Warner Bros. Korea. [...]
SEOUL, Jan. 10 (Korea Bizwire) — Taihan Cable & Solution Co., South Korea’s second-largest cable company, said Friday it has received a 100 billion-won (US$68.6 million) extra high-voltage cable order in Britain. Taihan Cable has obtained the deal from Balfour Beatty plc, a London-based infrastructure construction contractor, to supply 400 kilovolt high-voltage cables and cable [...]
SEOUL, Jan. 10 (Korea Bizwire) — Hankook Tire & Technology Co. said Friday an international electric vehicle (EV) motorsport racing event will be held in Mexico City this week. The 2025 Hankook Mexico City E-Prix, the second round of this year’s ABB FIA Formula E world championship, will be held in the Mexican capital on Saturday [...]
LAS VEGAS, Jan. 9 (Korea Bizwire) — Eureka Park, a dedicated space for startups and emerging entrepreneurs at CES 2025 in Las Vegas, serves as a showcase for creative ideas and innovations, attracting tech-savvy visitors and representatives from global tech companies. This year, 625 South Korean startups participated, presenting technologies in fields such as artificial [...]
SEOUL, Jan. 10 (Korea Bizwire) — BTS’ J-Hope is set to embark on his first-ever world tour, starting in Seoul next month, his agency said Friday. BigHit Music said the artist will kick off the tour, titled “Hope on the Stage,” with a three-day concert at Seoul’s KSPO Dome from Feb. 28 to March 2. [...]
SEOUL, Jan. 10 (Korea Bizwire) — Ri Son-gwon, director of North Korea’s abolished United Front Department (UFD) in charge of affairs with South Korea, appears to have retained his political status even after the department’s purported dissolution, according to state media on Friday. The Korean Central News Agency reported that Ri attended a banquet held [...]
JEJU, South Korea, Jan. 10 (Korea Bizwire) — A Chinese tourist has been apprehended for illegally filming Jeju International Airport on the southern Jeju Island, classified as a top-level national security facility, with a drone, police said Friday. The Jeju Provincial Police Agency said it was investigating the Chinese national, whose identity was withheld, on [...]
SEOUL, Jan. 10 (Korea Bizwire) — In 2024, the number of publicly listed companies on South Korea’s main stock exchange voluntarily disclosing sustainability reports rose by nearly 30%, reflecting growing awareness of environmental, social, and governance (ESG) principles. The Korea Exchange reported on January 9 that 204 companies listed on the KOSPI voluntarily released sustainability [...]