SEOUL, Sept. 3 (Korea Bizwire) – “The Throne,” the tragic story of a Joseon Dynasty king starving his own son to death, was chosen as the Korean candidate for the Academy Awards’ best foreign language film next year, a Seoul-based film council said Wednesday. The story of King Yeongjo, the 21st king of the Joseon Dynasty [...]
SEOUL, Sept. 2 (Korea Bizwire) — Financial assets of Korean households have turned out to be very low compared to other countries. Experts say that the phenomenon is due to the Korean household practice of having most major assets concentrated on real estate. According to the Korea Financial Investment Association, the portion of financial assets held [...]
ULJIN, Sept. 2 (Korea Bizwire) — The ’2015 Korean Hot Spring Festival’ will be held at Uljin from October 2 to October 4. The festival will be held under the slogan ‘Walking through the Geumgang pine trees, looking at the East Sea and enjoying the hot springs’. Guerrilla events, family hiking contests and a seminar on [...]
BUSAN, Sept. 2 (Korea Bizwire) – The 16th Healthy Breast-fed Child Contest was held at the Busan Haeundae Grand Hotel on September 2. The contest, hosted by the city of Busan and the nurse’s union of Busan and sponsored by UNICEF, the Korean Nurses Association and the Ministry of Health and Welfare, was held to [...]
SEOUL, Sept. 2 (Korea Bizwire) – Ssangyong Motor, the local unit of Indian auto conglomerate Mahindra & Mahindra, has announced that it sold a total of 10,771 vehicles in August, including 7,517 units in the domestic market. The automaker said on September 1 that its sales increased 10.3 percent over the same month of the [...]
SEOUL, Sept. 2 (Korea Bizwire) – The South Korean government will deploy drones to investigate national properties scattered at 5.4 million locations nationwide. The Ministry of Strategy and Finance announced plans on September 1 to properly manage the country’s national properties. By deploying drones and leveraging spatial geographic information, which is more accurate and advanced than aerial [...]
SEOUL, Sept. 2 (Korea Bizwire) – The city of Burnaby, a suburb of Vancouver, Canada, has decided to celebrate August 8 every year as ‘Taekwondo Kukkiwon Day’. Derek Corrigan, the mayor of Burnaby, visited Kukkiwon in Seoul, and delivered news of the estasblishment of ‘Taekwondo Kukkiwon Day’ to Jung Man-sun, the head of Kukkiwon. Burnaby decided [...]
SEOUL, Sept 2. (Korea Bizwire) – Daum Kakao has announced the release of the official version of a new smartphone application called ‘Kakao Hello’. Kakao Hello is an app that blocks spam numbers, manages contacts, and provides other convenient features related to voice calls. By logging in one’s Kakao account, the pictures of contacts can [...]
SEOUL, Sept. 2 (Korea Bizwire) – A recent survey has revealed that Koreans spend an average of 300,000 won every year on shoes. ABC Mart, a discount shoe store, conducted a survey in collaboration with GfK, a market research company, asking 1,000 men and women between the ages of 15 and 49 about their shoe [...]
SEOUL, Sept. 2 (Korea Bizwire) - It turns out that six out of 10 office workers think that holiday gifts over 100,000 won given to public officials are a form of bribery. Tmon (www.tmon.co.kr), an online shopping site, asked 500 office workers between the ages of 20 and 50 if they thought presenting fruit, Hanwoo [...]