SEOUL, Jan. 5 (Korea Bizwire) – Changwon, Gyeongnam province is going to make a requisition to the Ministry of Justice to implement an investment immigration system that grants permanent residency to foreigners investing more than 500 million won (US$ 451,655) in touristic real estate such as the Gusan Marine Tourist Complex, said the city government on [...]
SEOUL, Jan. 5 (Korea Bizwire) – A father was sentenced to 10 months in prison for posting a slanderous online message about his son-in-law, according to an announcement from the Seoul Central District Court on January 4. The offending message suggested that his son-in-law was being investigated by public prosecutors under suspicion of tax dodging. Seoul [...]
SEOUL, Jan. 4 (Korea Bizwire) – An application that enables users to report crimes on subways fast and effectively will soon be released, according to an announcement from Seoul Metropolitan Government (SMG) on December 30. The app, tentatively called ‘Subway Safety Keeper,’ automatically reports citizens’ complaints to the closest subway call center, subway security guards and [...]
SEOUL, Jan. 4 (Korea Bizwire) – Korean actor Choi Min-Soo revealed why he refused to accept the Gold Acting Award for his appearance in the drama Pride and Prejudice at the MBC Drama Awards. On December 30, Choi and actor An Nae-Sang were selected as the recipients of the Gold Acting Award at the 2014 MBC [...]
SEOUL, Jan. 4 (Korea Bizwire) – Nanta, the pioneering non-verbal performance show in Korea, is the first show ever whose accumulated number of viewers reached 10 million in the history of Korean stage productions, according to an announcement from PMC Production on January 2. The 10 millionth viewer was a Chinese tourist, who saw Nanta at [...]
SEOUL, Dec 29 (Korea Bizwire) – Jessica, the ex-member of Girls Generation, expressed her desire to succeed in China. On December 23rd, Jessica was spotted at the 2014 SOHU Fashion Awards in China. She was awarded the “Asian Fashion Icon of the Year” award, which ex-EXO member Kris and G-Dragon’s reported girlfriend Kiko Mizuhara also received. [...]
“All are equal before the law. Granted most business leaders and high-ranking government officials who are in jail were given aggravated prison sentences in the first place, it is only fair for them to be released on parole by now.” “In most case, inmates are set free after serving 70-80 percent of theirsentence terms. If [...]
SEOUL, Dec 26 (Korea Bizwire) – As the government raises the cigarette price by 80 percent effective on January 1 next year, most of the cigarette brands will be subject to a 2,000-won-a-pack increase to 4,500-4,700 won. But some of the brands sold by foreign tobacco companies that have not submitted a price change report with [...]
SEOUL, Dec. 24 (Korea Bizwire) — Tang Wei, Chinese female actor, was selected this year by the Corea Image Communication Institute as the one who contributed to improving Korea’s image in the world. The non-profit organization has picked two winners a year, one awarded to a foreigner and the other to a man or woman younger than [...]
SEOUL, Dec. 24 (Korea Bizwire) — Hyundai Motor will discontinue its “PYL” (Premium Younique Lifestyle) marketing campaign targeting young consumers from the next year. The three models that constituted the backbone of the PYL marketing including the Veloster, i30 and i40 will instead try to boost sales through launch of new models. According to automotive industry sources [...]