WUHAN, CHINA / HORSTMAR, GERMANY, Sept. 9 (Korea Bizwire) – The Board of Directors of the Joint Venture confirmed Bradley J. Hartsell as the Chief Executive Officer for Schmitz Dong Feng Special Vehicle Company located in Wuhan, China. He is taking over from Andreas Schmitz who is returning to Germany. Bradley Hartsell began to work [...]
SEOUL, Sept. 9 (Korea Bizwire) – It has been revealed that most of the young people who participated in the government’s overseas internship program ended up working for free. According to a report about working conditions for government overseas interns, 2,404 among the total number of interns between 2011 and 2013 (2,767 interns) worked for [...]
SEOUL, Sept. 9 (Korea Bizwire) – Analysts from Korea Investment & Securities have said that by analyzing Japan’s ‘lost’ decades, Korea can find answers about the business fields that could show structural growth. Lee Su-jeong, a researcher at Korea Investment & Securities, explained that under similar national income levels and population structures, similar lifestyles occur. [...]
SEOUL, Sept. 8 (Korea Bizwire) – In order to succeed in the IoT (Internet of Things) market, which is the blue chip of the ICT (Information and Communications Technology) industry, many companies are seeking a symbiotic relationship instead of a competitive one. Home electronics companies and telecommunications companies that provide a formless platform are entering the [...]
DAEGU, Sept. 8 (Korea Bizwire) – In 2020, Ulleung Island will become the world largest eco-friendly, carbon-free energy island. According to an announcement from North Gyeongsang Province on September 8, a special purpose corporation will be established to turn the 72.5-square-kilometer island in the East Sea into an energy independent island with renewable energy sources. The [...]
PYEONGCHANG, Sept. 8 (Korea Bizwire) – Pyeongchang-gun announced that it will develop Jangamsan Mountain, which is famous for its paragliding site, into a tourist area to meet the needs of visitors who seek healing in nature, as well as the increased hiking population. Jangamsan Mountain is one of the most beautiful mountains in the area, [...]
SEOUL, Sept. 8 (Korea Bizwire) – As the prospect that China will go through a much more severe economic slowdown than expected is spreading, concerns about the impact this will have on the Korean economy are growing. Korea has a bigger dependency on China compared to other countries. According to a report issued by The [...]
SEOUL, Sept. 8 (Korea Bizwire) – Under media consumption tendencies where most video content is dominated by major entertainment companies, an online independent film theater achieved a remarkable result by attracting more than three million accumulated viewers. Naver’s “Indie Cinema,” an online independent film theater jointly run by Naver, the largest Internet portal in Korea, [...]
SEOUL, Sept. 8 (Korea Bizwire) – As charcoal is often used to commit suicide, a local government, charcoal manufacturers and retailers joined forces to promote a campaign to use the products for the proper purposes. Gyeonggi Province signed an MoU on Sept. 8 with Daemyeong Charcoal and Korea Supermarket Cooperative Fedeeration to hold a “Life [...]
SEOUL, Sept. 8 (Korea Bizwire) – By adding three more LED lighting products to its local lineup, including devices that consume less energy and have longer lifespans, LG Electronics hopes to penetrate the domestic LED lighting market and attract more customers. LG’s new LED room light, the first such LED lighting for residential purposes by LG, is [...]