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Korean Musical “Hero” Performed at Huanqiu Theater in China

Korean Musical “Hero” Performed at Huanqiu Theater in China

SEOUL, Feb. 9 (Korea Bizwire) — The Korean musical “Hero” was performed at Huanqiu Theater, China National Convention Center in Harbin, China on February 7 and 8, according to the Harbin Daily on February 8. The musical tells the story of independence activist Ahn Jung-geun, who assassinated Ito Hirobumi, the four-time Prime Minister of Japan, [...]

Park Yu-chun Reciprocates Chinese Fans’ Love at Successful Fan-Meeting Event

Park Yu-chun Reciprocates Chinese Fans’ Love at Successful Fan-Meeting Event

SEOUL, Feb. 9 (Korea Bizwire) — Korean singer and actor Park Yu-chun had a successful fan-meeting event at the Beijing Olympic Sports Center on February 4, according to an announcement from Park’s agency C-Jes Entertainment on February 8. The fan-meeting event entitled ’2015 Park Yuchun Fanmeeting Tour Loving YU in China’ was held in a very special format, [...]

Seoul to Charge Pet-Owners for Reclaiming Lost Pets

Seoul to Charge Pet-Owners for Reclaiming Lost Pets

SEOUL, Feb. 9 (Korea Bizwire) – The Seoul Metropolitan Government is planning to begin charging pet-owners for reclaiming their lost pets from city-run animal rescue agencies. According to an announcement on February 6, the city government is planning to reveal, in March, details of an amendment of existing laws on charging pet-owners who reclaim their [...]

Corporate Taxes to Shrink 15 pct, But Biz Community Claims Rates Still Too High

Corporate Taxes to Shrink 15 pct, But Biz Community Claims Rates Still Too High

SEOUL/SEJONG, Feb. 9 (Korea Bizwire) – South Korea’s tax earnings from the country’s 30 largest conglomerates are expected to shrink 15 percent this year, economic sources said Monday, as the business community claims rates are already high for a trade-dependent nation. Official data by Financial Supervisory Service (FSS) and corporate tracker Chaebul.com said the business groups [...]

U.S. Backs Academic Freedom amid Japan’s Effort to Alter Textbook

U.S. Backs Academic Freedom amid Japan’s Effort to Alter Textbook

WASHINGTON, Feb. 8 (Korea Bizwire) — The United States strongly supports academic freedom, the State Department said Sunday, as history scholars criticize Japan for pressuring an American textbook publisher to change the description of Tokyo’s sexual enslavement of Asian women during World War II. A group of American history scholars have issued a protest statement denouncing Japan’s [...]

BAT Rolls out Dunhill Compact for Price-Sensitive Consumers

BAT Rolls out Dunhill Compact for Price-Sensitive Consumers

SEOUL, Feb. 8 (Korea Bizwire) — Bolstered by its rising market share, British American Tobacco (BAT) Korea, is showcasing another marketing tactic: a compact cigarette pack at an ‘affordable’ price. BAT Korea announced on February 6 that it would launch a limited edition called Dunhill Pocket Pack, a 14-cigarette pack for 3,000 won (US$ 2.75). Although [...]

IMF Lowers S. Korea’s Growth Forecast for This Year to 3.7 percent

IMF Lowers S. Korea’s Growth Forecast for This Year to 3.7 percent

WASHINGTON, Feb. 6 (Korea Bizwire) — The International Monetary Fund predicted Friday that South Korea’s economy would expand 3.7 percent this year, down 0.3 percentage point from its earlier forecast. The forecast was included in the agency’s “Global Prospects and Policy Challenges” report submitted to a meeting of finance ministers and central bank chiefs of [...]