OKCHEON, Jan.25 (Korea Bizwire) – Kang (62), who lives in a small village in Okcheon, says he has to sneak around when he has to smoke. Smoking in the streets is unthinkable, and even at home Kang has to put out his cigarette when he hears someone coming. Residents of the village Kang is living [...]
SEOUL, Jan.25 (Korea Bizwire) – The Korean Trade Promotion Corporation (KOTRA) announced that it published a report on ‘99 Innovative Products of the World’, which introduces innovative products produced by various small and medium-sized companies all over the world. One of the most noticeable products is ‘Strati’, a 3D-printed electric car, which will be manufactured [...]
SUWON, Jan.25 (Korea Bizwire) – New studies show that children from wealthier families score higher on university entrance exams, due to private tutoring and classes at private study academies that their parents can afford to send them to. According to Gyeonggi Province’s Office of Education, the scores in three different subjects differed by as much [...]
SEOUL, Jan. 25 (Korea Bizwire) – Samsung Electronics Co. said Monday that Chinese home appliance maker Haier Group’s takeover of the household appliance business of U.S.-based General Electric will not have a great impact on its performance over the short term. In mid-January, Haier said it will purchase GE’s home appliance business for US$5.4 billion, [...]
SEJONG, Jan. 25 (Korea Bizwire) – South Korea has created a 150 billion won (US$125.8 million) fund to help the local healthcare and cosmetics industries expand overseas and sharpen their competitiveness, the finance ministry said Monday. The Ministry of Health and Welfare provided 30 billion won and 10 private institutions, including KB Investment Co., provided [...]
SEJONG/JEJU, Jan. 25 (Korea Bizwire) – Jeju International Airport on South Korea’s southernmost resort island resumed operations Monday after being shut down by heavy snow for some 45 hours, the government said. The Ministry of Land, Infrastructure and Transport said an Eastar Jet B737-700 passenger jet with 149 people on board took off safely at [...]
SEOUL, Jan.25 (Korea Bizwire) – Chef Roy Choi (46), well-known in the U.S. as a food truck legend, has set foot on a meaningful journey to provide healthier fast food. The LA Times reported on Choi’s new fast food joint called ‘Locol’ in Watts, South Los Angeles. Roy Choi, who was born in Seoul, Korea, [...]
SEOUL, Jan.25 (Korea Bizwire) – Galleria Duty Free 63, a new duty-free store located in Seoul’s Yeouido financial district, will participate in the creation of video content as a marketing means to attract Chinese customers. Store representatives announced that they invited 20 Chinese ‘power creators’ to the store, individuals who create content related to shopping, [...]
SEOUL, Jan. 25 (Korea Bizwire) - “Cheese in the Trap,” a webtoon-based TV series starring popular actor Park Hae-jin, is set to become the next record breaker with viewer rates climbing to levels unseen for a weekday show. In its fourth episode earlier this month, the tvN series broke the record for a weekday cable TV [...]
SUWON, Jan. 25 (Korea Bizwire) – A series of cultural festivities and exhibitions will commemorate the 220th anniversary of Hwaseong Fortress in this city, officials said Monday. The Suwon City Government said a number of cultural, academic and sports events are scheduled from this month in Suwon, Gyeonggi Province, some 50 kilometers south of Seoul, [...]