SEOUL, April 12 (Korea Bizwire) – A giant statue of two hands dancing Psy’s ‘Gangnam Style’ showed up at COEX square in Gangnam-gu. Gangnam-gu officials announced that they will celebrate the completion of the ‘Gangnam Style Landmark Sculpture’ at COEX’s East Square. The structure, which is five meters tall and eight meters wide, looks like two [...]
SEJONG, April 12 (Korea Bizwire) – The number of women getting married without a job or while they were still students has declined sharply over the past 10 years. Experts say the phenomenon is caused by the bad economy, which forces both spouses to work for a living. According to Statistics Korea, 102,915 women got [...]
SEOUL, April 11 (Korea Bizwire) – Korean internet giants Naver and Kakao are battling to take the lead in O2O (online to offline) businesses. Due to a limited number of different kinds of business opportunities to tackle in the IT industry, the projects laid out by the two companies are often in conflict. However, since the two [...]
SEOUL, April 11 (Korea Bizwire) – Slightly more than 24 percent of homes in Seoul are made up of just one person, with the rate expected to hit 30 percent in 2035, a metropolitan government survey showed Sunday. The latest figures regarding household sizes in Seoul during 2010 were released in the March edition of [...]
SEOUL, April 11 (Korea Bizwire) - Actor Lee Min-ho was greeted by over 20,000 fans at promotional events in the Philippines for a global fashion brand that he models, his star agency said Sunday. Lee visited the Southeast Asian country from April 2-3 to promote Bench, a British clothing brand that is sold worldwide for whom he is [...]
SEOUL, April 11 (Korea Bizwire) - South Korea opened a Korean food information center to showcase Korean cuisine and food culture and promote culinary tourism among foreign travelers, the Ministry of Culture, Sports and Tourism said Monday. The “K-Style Hub” opened in the previous headquarters of the state-run Korea Tourism Organization in downtown Seoul. The KTO relocated to Wonju, [...]
SEOUL, April 11 (Korea Bizwire) – Hyundai Heavy Industries Co., a major South Korean shipyard, and its two affiliates, have suffered a sharp drop in their orders in the first two months of the year amid a protracted industry slump, industry sources said Monday. According to the sources, Hyundai Heavy, Hyundai Mipo Dockyard Co. and Hyundai [...]
SEOUL, April 11 (Korea Bizwire) – South Korea’s ICT ministry said Monday it will bolster the local electric-car industry by applying nano-technology, in line with its efforts to find new sources of growth amid the prolonged economic slump. Under the plan, the Ministry of Science, ICT, and Future Planning said it aims to develop an electric [...]
SEOUL, April 11 (Korea Bizwire) – New technology that gathers weather information from taxis operating in the city will soon be available. According to the Korea Meteorological Administration (KMA), technology to collect weather data through vehicle on-board diagnostics (OBD) is currently being developed. OBD refers to a system that automatically saves diagnostic information of a running car. [...]
JEJU, April 11 (Korea Bizwire) – Healing horseback riding trails that are a total of 100 kilometers long will be built on Jeju Island, and are expected to draw many tourists. Last year, Jeju established eco-healing horseback riding trails in three locations – Songdang ranch, the Jeju Horse Park and Namyoung Industries ranch. This year, [...]