SEOUL, Feb. 29 (Korea Bizwire) – The Korean government has announced that 200 billion won will be invested in space exploration over the next three years. For the first time in Korean history, plans to explore the moon will be established. Through the project, a shuttle that will orbit the moon and a satellite that [...]
SEOUL, Feb.29 (Korea Bizwire) – After the ‘silent thunder man’ who starred in MBC’s TV show ‘Masked Singer’ turned out to be Steelheart’s vocalist Miljenko Matijevic (52), viewers were shocked. The lead singer of the heavy metal band ‘Steelheart’, famous for the song ‘She’s gone’, is visiting Korea to record a song for the soundtrack [...]
SEOUL, Feb. 29 (Korea Bizwire) – The sale of Kim’s Club, a hypermarket chain of South Korean fashion and retail conglomerate E-land Group, has drawn proposals from three bidders, with a preferred bidder to be selected next month, industry sources said Monday. Kim’s Club, the nation’s fourth-largest supermarket chain with 37 outlets, was put up [...]
SEOUL, Feb. 29 (Korea Bizwire) – An action drama for children on the saga of ancient China will be aired on a key South Korean TV channel starting this week, the channel said Monday. Co-produced by South Korea and China, the blockbuster drama named “Legend Hero” will be shown every Wednesday and Thursday at 7 [...]
SEOUL, Feb. 29 (Korea Bizwire) – The number of college graduates outside the labor force has more than doubled over the past 15 years due to a rise in those who gave up looking for jobs amid a prolonged economic slump, government data showed Monday. South Korean college graduates who are neither employed nor unemployed [...]
SEOUL, Feb. 29 (Korea Bizwire) – The Seoul metropolitan government said Monday it will introduce new subway trains with wider seats beginning late next year. To be first introduced on Seoul subway’s No. 2 line, each seat will be widened so that six people can sit in a row instead of the current seven. According [...]
SEOUL, Feb. 29 (Korea Bizwire) - South Korea on Monday announced its plan to extend US$500 million in aid to developing countries by 2020 to meet its obligations to the international community. Prime Minister Hwang Kyo-ahn said in a meeting that South Korea should push forward with an official development assistance program as a “priority since [...]
SEOUL, Feb.29 (Korea Bizwire) – A Korean movie depicting the horrific suffering of Korean ‘comfort women’ sexually enslaved for Japanese soldiers during World War II has reached the break-even point only four days after its release. The results are encouraging given the 14-year struggle to produce and distribute the film. According to the Korean Film [...]
SEOUL, Feb.29 (Korea Bizwire) – Retailers are biting their nails with news spreading quickly that herbicides have been detected in 14 popular German beers. The timing couldn’t have been worse, as the popularity of imported beer is soaring at large discount stores and convenience stores. According to those in distribution industry, domestic retailers are checking [...]
SEOUL, Feb. 29 (Korea Bizwire) – Mohegan Sun, a U.S. casino operator, said its envisioned integrated resort in South Korea will present a vibrant mix of world-class performances and Korean pop stars to become a premier entertainment venue in Asia. A Mohegan Sun-led consortium with Korean chemicals maker KCC Corp. on Friday won a bid [...]