SEOUL, Jan. 3 (Korea Bizwire) – North Korean leader Kim Jong-un vowed efforts Friday to improve ties with South Korea, saying that he is open to talks with Seoul in an open-minded manner for unification. In his New Year’s message delivered live on the North’s television, Kim said North Korea is open to having candid [...]
SEOUL, Dec.31 (Korea Bizwire) – The National Environmental Dispute Resolution Commission from the Ministry of Environment announced the 5 most noticeable environmental conflicts of the calendar year of 2015. A total number of 232 conflicts occurred over the past year. According to the announcement, the first case focused on recognizing the harm that major crops [...]
SEOUL, Dec.31 (Korea Bizwire) –The year of 2015 saw the most changes in food policies among key global food companies, according to NPR, the public broadcasting station in American media. First of all, fast food chains have switched their menu items to use organic ingredients. McDonalds announced that they will gradually eliminate the use of [...]
SEOUL, Dec.31 (Korea Bizwire) – The night sky of Jamsil will be brightened with beautiful lights to celebrate the coming new year. Lotte Trading Company announced that they will display the ‘2016 Lotte World Tower New Year’s Twist Show’ by lighting LED lights installed from the 13th floor all the way up to the 100th [...]
SEOUL, Dec. 31 (Korea Bizwire) - The Navy decommissioned one of the country’s first-generation indigenous warships, the ROKS Seoul (FF-952), Thursday after 34 years of service. The 1,500-ton warship is the second locally-built Ulsan-class guided missile frigate, which the Navy put into operation in 1984. It was one of nine first-generation frigates that the Navy introduced [...]
SEOUL, Dec. 31 (Korea Bizwire) - South Korea’s top central banker said Thursday he will continue an easing monetary policy in 2016 to boost growth while guarding against any financial instabilities. “It is necessary to put the focus on downward risks in economic growth and prices, while closely checking the macroeconomic circumstances,” Bank of Korea Gov. [...]
SEOUL, Dec. 31 (Korea Bizwire) – North Korea’s leader Kim Jong-un has offered “profound” condolences over the death of his key aide who handled inter-Korean affairs, Pyongyang’s state media said Thursday. On Wednesday, Kim visited the mortuary of Kim Yang-gon, a secretary of the ruling Workers’ Party of Korea, who died on Tuesday in a [...]
SEOUL, Dec. 31 (Korea Bizwire) – “The Himalayas,” a South Korean box-office hit about mountaineers, will be released in a panoramic screen format in Los Angeles for the first time this week, its distributor said Wednesday. The movie, which is based on the true story of a team of South Korean mountaineers who set out [...]
SEJONG, Dec. 31 (Korea Bizwire) – The newly elected chief of the United Nations maritime body will start his four-year term in the beginning of next year, the South Korean government said Thursday. Lim Ki-taek, a former head of South Korea’s local port operator, was elected in June to head the International Maritime Organization (IMO). [...]
SEOUL, Dec.31 (Korea Bizwire) – A survey revealed that more than half of high school students answered in a survey conducted, that if they were to receive 1 billion won, they would be willing to commit crimes. Half of the high school students surveyed were selfishly thinking that their lives are the only lives that [...]