SEOUL, March 27 (Korea Bizwire) – Before the opening of the first IKEA store in Korea last year, Korean furniture companies were worried about the threat posed by the Swedish behemoth. Many industry observers said the impact of IKEA in Korea would be felt across the industry. Without a doubt, IKEA has been big hit in [...]
SEOUL, March 27 (Korea Bizwire) – A preliminary investigation has found signs of price dumping for imported Indian ethyl acetate, which has caused material damages to local manufacturers, according to a statement from the Korean Trade Commission on March 27. It will continue its thorough investigation and is expected to arrive at a definite conclusion shortly. [...]
“I didn’t know I had a low hormone level until after I learned of the positive tests (in November). I had no idea the injection was to boost my hormone level. I didn’t go to the hospital for hormones, but to treat dry skin.” “I repeatedly told him that I couldn’t take anything that could [...]
SEOUL, March 27 (Korea Bizwire) — LG Electronics, South Korea’s No. 2 tech giant, opened a new production base in Vietnam on Friday that will manufacture the company’s key products for exports, the company said. Located in Haiphong, a northern port city of the country, the 800,000-square-meter Vietnam Haiphong Campus will allow LG to produce price-competitive [...]
SEOUL, March 27 (Korea Bizwire) — South Korean actress Bae Doona has won the best actress award for her performance in the Korean film “A Girl at My Door” at the ninth Asian Film Awards in Macau, China, her agency said Friday. Bae won the honor during the awards ceremony held on Wednesday, beating Gong Li of the [...]
SEOUL, March 27 (Korea Bizwire) – South Korea called on North Korea on Friday to immediately release two of its nationals detained in the communist country on espionage charges. North Korea announced that it has arrested the two South Korean men on charges of espionage for the South’s state spy agency. “It’s very regrettable that the [...]
Learn How the Recent Introduction of the World’s First Android 4.4 Tablet Series Tab-Ex(R) 01 Simplifies Job Tasks and Enables Higher Levels of Productivity and Safety in Potentially Hazardous or Explosive Environments ASSAMSTADT, GERMANY, March 26 (Korea Bizwire) — For the first time, mobile workers working in hazardous areas don’t need to find, print and [...]
SEJONG, March 27 (Korea Bizwire) — Less than half of foreign-run companies operating in South Korea paid corporate taxes in 2013, data by the country’s tax office showed Friday. According to the National Tax Service (NTS), there were 1,601 companies subject to corporate taxes at the end of 2013, but only 48 percent of the businesses, or [...]
SEJONG, March 26 (Korea Bizwire) – South Korea will join the China-led regional development bank as one of its founding members, the finance ministry announced Thursday, helping bolster the Asian neighbor’s growing clout in the region that is alerting the U.S. The ministry said the decision to become a member of the Asian Infrastructure Investment [...]
SEOUL, March 26 (Korea Bizwire) – The South Korean government is aiming to successfully develop bluefin tuna farming in Jeju, by forming a research cluster comprised of government research institutes and private fishing groups. The National Fisheries Research and Development Institute (NFRDI), Jeju Ocean and Fishery Institute and Gyeongsangnam-do Fisheries Resources Research Institute reached an agreement to [...]