SEOUL, Feb.18 (Korea Bizwire) – As concert tickets have typically been selling out as soon as they go on sale, fans of various artists say that fast fingers are a virtue in being a good fan. In the war of online reservations, only the ‘crazy clicking’ people survive. Daum Soft, a big data analysis company, [...]
SEJONG, Feb. 18 (Korea Bizwire) – Drug smuggling into South Korea surged to a 14-year high in 2015 on expanded syndicates and diversified trafficking routes, customs data showed Thursday. A total of 325 shipments of banned substances were caught last year valued at 214 billion won (US$174.8 million), up 42 percent from a year earlier, [...]
SEOUL, Feb. 18 (Korea Bizwire) – One out of four South Korean companies plan to reduce their workforces this year to save costs, bracing for the grim reality of sluggish exports and dull domestic consumption, a poll showed Thursday. According to the survey by online recruiting agency Saramin on 307 human resource officials, 23.8 percent [...]
SEOUL, Feb. 18 (Korea Bizwire) – A Seoul court dismissed a suit filed by retired footballer Cha Du-ri seeking a divorce from his wife, court officials said Thursday. The Seoul Family Court rejected the 36-year-old’s claim, saying that he did not receive any unfair treatment from his 37-year-old wife, only identified by her surname Shin. [...]
SEJONG, Feb. 18 (Korea Bizwire) – South Korea will make efforts to prevent rising North Korean risks from hampering foreign investment in the country following North Korea’s latest nuclear test and rocket launch, the trade minister said Thursday. After carrying out an alleged hydrogen bomb test in early January, Pyongyang defiantly launched a long-range rocket [...]
SEOUL, Feb. 18 (Korea Bizwire) – Hyundai Motor Co., South Korea’s leading automaker, saw its January sales in India grow over 9 percent on-year thanks in part to robust demand for the Creta crossover SUV, industry data showed Thursday. According to the data by the Society of Indian Automobile Manufacturers, Hyundai Motor sold a total [...]
SEOUL, Feb. 18 (Korea Bizwire) – The global market for flexible displays is expected to grow sharply in 2016, data showed Thursday, as more industry players are rushing to jump into the curved and foldable electronics panel market. According to the data compiled by industry tracker IHS, the world’s flexible display market is estimated at [...]
SEOUL, Feb.17 (Korea Bizwire) – Research shows that ant colonies maintain a certain number of ‘non-working ants’ to preserve their group. The colony can continue to exist as the ‘slacking off ants’ start working when all the other workers are too tired to continue their jobs. If all of a colony’s ants worked hard, the [...]
SEOUL, Feb.17 (Korea Bizwire) – World renowned R&B singer Eric Benet will release an English version of “Did We Really Love”, the most popular song from the Korean group Brown Eyed Soul. Mystic Entertainment commented that producer Park Gun-tae, who wrote “Did We Really Love”, made a pop remake of the song, and Eric Benet [...]
SEOUL, Feb.17 (Korea Bizwire) – The Korea Forest Research Institute (KFRI) has announced plans to build a five-story wooden building by 2018, and a 10-story wooden apartment building by 2022. The institute released a report outlining the results of a study examining the feasibility of constructing tall buildings out of wood. Manufacturing technologies for materials [...]