SEOUL, Dec. 9 (Korea Bizwire) – Sales of Hyundai Motor’s Aslan premium sedan have been underwhelming, and far below company expectations. Hyundai set ambitious sales targets, aiming to offer a domestic alternative to increasingly popular imported cars, but the lack of any “new car” effect on sales has puzzled officials. According to Hyundai, the fifth [...]
“In a situation where our economy is in danger of sinking deeper into a recession, we should make sure the whole state affair is not held hostage by the current squabbling. The mere fact that the whole state is shaken up by preposterous rumors that may appear on yellow journalism papers is shameful and lamentable.” [...]
SEOUL, Dec. 8 (Korea Bizwire) – KT announced on December 7 that it had signed-up 70,000 new Olleh GiGA Internet service subscribers in around one month, since it rolled out its new high-speed network on October 20. KT’s Olleh GiGA Internet, which is 10 times faster than existing services, combines GiGa Internet with the GiGA UHD [...]
SEOUL, Dec. 8 (Korea Bizwire) – As accidents caused by mentally ill soldiers increase in the military barracks, the Korean defense ministry plans to lower the military exemption standards for psychiatric patents to six months of treatment from the current standard of more than one year. On December 7, the Ministry of National Defense of [...]
![[In-depth] Brown Bear Attacks and Kills Aged Lion in a Zoo](http://koreabizwire.com/wp/wp-content/uploads/2014/12/11346312874_2dbbb9be40_z.jpg "[In-depth] Brown Bear Attacks and Kills Aged Lion in a Zoo")
JINJU, Korea, Dec. 8 (Korea Bizwire) — In the Jinyang Lake Zoo run by the city government of Jinju, South Gyeongsang Province, there was an incident in which a male brown bear attacked an aged female lion. The lion died on the following day from injuries, but the zoo administrators reported it to the city authority [...]
SEOUL, Dec. 7 (Korea Bizwire) — In the application for specialist doctors, the number of applicants for internal medicine doctor positions has fallen short of the assigned number for the first time in history. According to data released by the Korean Hospital Association on December 6 on the 2015 specialty doctor recruitment status, the total [...]
SEOUL, Dec. 7 (Korea Bizwire) — More than 30 percent of households said they took on new debt within the past two years since 2012. This is mainly due to the Bank of Korea‘s benchmark interest rate cuts in two occasions this year and the government’s measures to relax the regulation on the loan-to-value ratio and [...]
SEOUL, Dec. 7 (Korea Bizwire) — Groups advocating the rights of sexual minorities demanded on December 6 apologies to Seoul city mayor Park Won-soon who said on the previous day that he does not support homosexuality and is unable to sign a charter to protect the rights of lesbians, gays, bisexuals and transgenders. About 50 of [...]
SEOUL, Dec. 7 (Korea Bizwire) — In the home appliance industry, European-style designs are now in vogue. In order to capitalize on the trend, LG Electronics has introduced two new European bottom-freezer refrigerator models targeting single families who take seriously designs as well as energy efficiency. The company put the 452-liter bottom-freezer refrigerator (model named R-M441GCV) [...]
SEOUL, Dec. 7 (Korea Bizwire) — Lee Min-ho, the young actor who gained his fame from dramas such as The Heirs, Boys over Flowers, and City Hunter, is now set to debut as a movie star by appearing on the upcoming film Gangnam 1970. He is now one of the hottest actors in China. That’s [...]