SEOUL, Dec.24 (Korea Bizwire) – A video clip of a pizzeria in North Korea taken by a Singaporean photographer is attracting the attention of internet users. Aram Pan from Singapore uploaded a seven-minute video clip called Ryung Song Pizza Restaurant to Youtube. The video contains footage of him and his colleagues going to the pizzeria [...]
SEOUL, Dec. 24 (Korea Bizwire) – This year has been a busy period for the top family-controlled conglomerate in South Korea, the Samsung Group, especially due to its struggle to pave the way for the coronation of a new generation. The head of the Samsung Group was hospitalized in early 2014. With the absence of [...]
SEOUL, Dec. 24 (Korea Bizwire) - South Korea will launch a probe into the fuel efficiency of Volkswagen vehicles that have emissions that have been manipulated to meet tightened environmental regulations, a government official close to the matter said Thursday. The investigation follows the transportation ministry’s internal conclusion that there is a “correlation” between the German [...]
SEOUL, Dec. 24 (Korea Bizwire) – A decade after going undrafted out of high school, South Korean outfielder Kim Hyun-soo has signed his first major league contract. The Baltimore Orioles announced their signing of Kim to a two-year contract worth US$7 million on Wednesday, local time. The two sides had agreed to the terms of [...]
SEJONG, Dec.23 (Korea Bizwire) – The fifth Universal Studios theme park in the world will be built in Hwaseong, Gyeonggi Province. The Korea Water Resources Corporation announced that it had selected the Universal Studios Korea (USK) consortium as the preferred bidder for the Songsan Green City International Theme Park. The consortium consists of five companies [...]
INCHEON, Dec. 23 (Korea Bizwire) – Choi Ji-man, a career minor leaguer expected to reach the majors next year, said Wednesday he’s hoping to make an impact on the big stage once he gets his opportunity. The 24-year-old, who was recently selected by the Los Angeles Angels at the annual Rule 5 Draft, met with [...]
YEONGAM/HAENAM, Dec.23 (Korea Bizwire) – Winter birds such as the spectacled teal used to visit Yeongam Lake every year. Even last week, between 300,000 and 400,000 birds were spotted at the lake. However, the birds are now leaving the lake in large numbers. According to municipal officials from Yeongam-gun and Haenam-gun, which surround Yeongam Lake, [...]
DAEGU, Dec.23 (Korea Bizwire) – Officials from Gyeongbuk Province have announced the establishment of new research facility called the 3D Printing Manufacturing Innovation Hub Center in Geumo Techno Valley, Gumi, which is expected to start operations in February 2016. The local government built a four-storey building within the Geumo Techno Valley area after attracting support [...]
SEOUL, Dec.23 (Korea Bizwire) – After the price of soju went up, consumers are waiting to see if beer prices will follow suit. Brewery officials made an official statement that they are not looking into price increases, even though there are factors that could be seen as justifying a bump in prices. OB Beer and [...]
SEOUL, Dec.23 (Korea Bizwire) – One out of five seniors in Korea lives alone, and the number is expected to double over the next 20 years. According to the Ministry of Health and Welfare, around 1.4 million seniors currently live alone, which is 20.8 percent of the total elderly population. This means that one out [...]