POHANG, Jan.14 (Korea Bizwire) – The number of foreign tourists that visited Dokdo Island last year increased greatly. According to Dokdo’s management office, 733 foreign tourists visited in 2015, which was five times more than the 127 foreign visitors in 2014. Since the island was opened to the public, 99 visited in 2005, 157 in [...]
SEOUL, Jan.14 (Korea Bizwire) – The government is planning another large discount event among retailers following the Lunar New Year holiday (February 8) to stimulate the domestic economy, after a similar promotion was held successfully in October 2015. According to industry reports, government authorities, core distributors such as department stores and large discount stores, manufacturing [...]
SEOUL, Jan.14 (Korea Bizwire) – According to a report from ABC news, American First Lady Michelle Obama’s dress received more attention than President Barack Obama’s last State of the Union address. While President Obama was giving his speech, tweets and comments about the mid-length yellow dress worn by Michelle Obama spread like wildfire on the [...]
SEOUL, Jan. 14 (Korea Bizwire) -LG Electronics Inc. said Thursday it has released a new wider screen laptop that weighs less than 1 kilogram and boasts a strong battery that lasts up to 10.5 hours. South Korea’s No. 2 tech giant said the Gram 15 laptop comes with a 15.6-inch display, but weighs only 980 [...]
SEOUL, Jan. 14 (Korea Bizwire) - North Koreans have shown enthusiastic support for the nuclear scientists and officials who contributed to the North’s latest nuclear test, the North’s media said Thursday. Waving decorative flowers on streets in Pyongyang, about 100,000 North Koreans cheered a procession of vehicles carrying the scientists and officials, according to the North’s [...]
SEJONG, Jan. 14 (Korea Bizwire) - South Korea will make full use of its free trade agreements (FTAs) and diversify products and services it sells overseas to revive exports in 2016 after a disappointing performance a year earlier, the trade ministry said Thursday. In a 2016 policy report to President Park Geun-hye, the Ministry of Trade, [...]
SEJONG, Jan. 14 (Korea Bizwire) – The government said Thursday that it will put its top economic policy priority on jump-starting the country’s economy by focusing fiscal spending on a faster recovery of domestic demand and revitalizing sagging exports. In a joint report to President Park Geun-hye on the government’s economic policy goals for this [...]
SEOUL, Jan. 14 (Korea Bizwire) – South Korea’s No. 2 chipmaker SK hynix Inc. said Thursday it will spend 6 trillion won (US$4.9 billion) this year, similar to last year’s capital spending, to overcome rising challenges from rivals. The chipmaker is faced with global challenges, including falling demand for memory chips and the rise of [...]
SEOUL, Jan. 14 (Korea Bizwire) – South Korea’s No. 3 mobile carrier LG Uplus Corp. said Thursday its sales of the Huawei Y6 smartphone reached 20,000 units this week, reflecting the country’s rising demand for budget handsets. The better-than-expected sales came around a month after the mobile carrier released the smartphone made by China-based Huawei [...]
SEOUL, Jan.13 (Korea Bizwire) – Research suggests that women who give birth to more children age more slowly. According to the English journal Daily Mail, a Canadian research team at Simon Fraser University compared the number of children of 75 natives in Guatemala, with the length of their telomeres. Telomeres are the base sequences of [...]