SEOUL, Sept. 17 (Korea Bizwire) — The number of Chinese people visiting South Korea is returning to levels seen before the MERS outbreak in May, data showed Thursday. About 303,000 Chinese people traveled to South Korea in the first 14 days of this month, up 4.8 percent from the same period last year, according to the [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s central bank said Thursday that it will focus on keeping the local financial market stable as international volatility is likely to grow on China’s economic instability and a looming U.S. rate hike. Concerns have been escalating over an economic hard landing in China, South Korea’s top export [...]
SEOUL, Sept. 17 (Korea Bizwire) – Sunny days might be everyone’s favorite but there is an extra reason for Kim Jin-woo, a 38-year-old living in the western district of Seodaemun, to be happy about sunlight all day long: It helps ease his electricity bills by producing power at his apartment. Since installing a single solar [...]
INCHEON, Sept. 15 (Korea Bizwire) — A reenactment of the Battle of Incheon took place on Wolmido Island, on the last day of the ceremony celebrating the 65th anniversary of the victory (September 12 to 15). Navy officials promised to present an event to remember, and delivered by showing various attractions. With veterans of the war [...]
DAMYANG, Sept. 15 (Korea Bizwire) – Organizers of the World Bamboo Fair Damyang Korea 2015, which will take place from September 17 to October 31, have revealed some information about the event in advance. Event officials showed confidence in what they have prepared, and were certain that the event would be a success. The exhibition [...]
SEOUL, Sept. 15 (Korea Bizwire) – Samsung SDI, the battery-making unit of Samsung Group, will expand its foothold in the electronic vehicle (EV) market in Europe by participating in the Frankfurt Motor Show that kicked off today. Samsung SDI announced that it joined the 2015 International Motor Show (IAA) in Frankfurt as a supplier of batteries for [...]
SEOUL, Sept. 15 (Korea Bizwire) – Research shows that Korean teenagers spend an average of an hour and half with their parents, while they wish they could spend more time with each other. Even the hour and half was often spent watching TV together. IKEA, a multinational furniture company from Sweden, conducted an online survey [...]
SEOUL, Sept. 15 (Korea Bizwire) – With the approach of Chuseok, the Korean Thanksgiving holiday, carmakers are providing various services including free rentals. Hyundai Motor is holding a ‘Hangawi (Korean Thanksgiving Day) Rental’ event in which they plan to provide 200 new Avantes and 100 new Sonatas. The vehicles can be used from September 24 [...]
SEOUL, Sept. 15 (Korea Bizwire) – The Supreme Court of Korea ruled that any divorce lawsuits filed by spouses who are responsible for the breakup of the marriage cannot be allowed in principle. On September 15, the nation’s highest court upheld a lower courts’ decision against an unfaithful spouse who filed the lawsuit, by a majority [...]
SEOUL, Sept. 15 (Korea Bizwire) - Smoking will be forbidden within 10 meters of subway exits starting in April 2016. Once the revised bill on preventing second-hand smoke passes, the Seoul Metropolitan Government will designate 1,662 subway exits and five streets that have over eight lanes as non-smoking areas. Furthermore, penalties that used to range from [...]