SEOUL, Dec. 26 (Korea Bizwire) — The management agency of South Korean pop singer Yoon Mi-rae said Friday that it will take legal action against Sony Pictures Entertainment for allegedly using one of her songs in a controversial movie without permission. “The Interview,” a comedy about the assassination of North Korean leader Kim Jong-un, hit about 320 [...]
SEOUL, Dec. 26 (Korea Bizwire) — South Korea, the United States and Japan will sign a pact next week on sharing their military intelligence about North Korea’s nuclear and missile programs in the face of Pyongyang’s evolving security threats, officials here said Friday. The three countries have been working on the signing of an agreement [...]
SEOUL, Dec. 26 (Korea Bizwire) — South Korean companies saw the lowest on-year sales growth in more than five years in the third quarter of this year as unfavorable currency exchange rates and weakening oil prices hit exporters, central bank data showed Friday, raising concerns over their flagging growth potential. Sales growth at 1,670 local [...]
SEOUL, Dec. 25 (Korea Bizwire) — Four members of Korean boy band “Pureboy” became picketers on the streets of Myeongdong for 6 hours on December 22. They protested to see a concert of another Korean boy band, TVXQ, but only in its united form. TVXQ started out as a five-member boy band but was split into [...]
SEOUL, Dec. 25 (Korea Bizwire) — Eru, the Korean singer and actor who recently gained massive popularity in Indonesia, appeared on the hit Indonesian TV show “Hitam Putih” on December 18 to introduce Korean cuisine to Indonesian viewers. Eru showed that he can cook, too. He demonstrated how to make “dak bokkeumtang” (braised chicken) [...]
SEOUL, Dec. 25 (Korea Bizwire) – “Mr. Pizza,” a Korean pizza franchise, is growing rapidly in the Chinese market. MPK Group, the operator of the franchise, has recently seen a turnaround in November, with a profit of 110,000 yuan (US$ 17,674). According the group’s announcement on December 23, its total sales for 2014 should be [...]
SEOUL, Dec. 25 (Korea Bizwire) – Samsung Electronics will cut support for its proprietary mobile operation system “Bada,” proving that it failed in its development of the OS. According to industry watchers, Samsung recently announced that it would stop running the Bada developers’ forum on its Bada developers’ site (http://developer.bada.com). Last year, Samsung officially declared [...]
SEOUL, Dec. 24 (Korea Bizwire) – The duty free shop at Incheon International Airport accumulated more than 2 trillion won (US$1.8 billion) in sales this year, ranking first in the world. The Incheon International Airport Corporation (IIAC) announced that as of December 17, the sales volume of its duty free shop broke 2 trillion won for the [...]
SEOUL, Dec. 24 (Korea Bizwire) – Samsung Fire & Marine Insurance is being a good corporate citizen by donating seeing eye dogs to the visually impaired. On December 23, it offered five guide dogs following the donation of six dogs last June. The company opened a guide dog school in 1993 and has offered a total [...]
SEOUL, Dec. 24 (Korea Bizwire) — The overall cancer rate in South Korea dropped for the first time in twelve years according to a report published by the Ministry of Health & Welfare and National Cancer Center. Lee Kang Hyun, president of the National Cancer Center said that this optimistic figure might be owing to [...]