SEONGNAM, Dec.31 (Korea Bizwire) – New Research has indicated that the elderly who maintain unhealthy exercising habit have a higher tendency to commit suicide. Professor Kim Gi-woong and his team at the mental health department of Seoul National University Bundang Hospital, observed 655 senior citizens over the age of 60 residing in Osan, Gyeonggi province. [...]
SEOUL, Dec.31 (Korea Bizwire) – As the concern on public security is increasing in the Philippines, Hana Tour Agency announced that they have arranged a safety net for travelers visiting areas such as Boracay. Firstly, a real-name system will be adopted among local guides and coordinators. The clients of Hana Tour are able to look [...]
DAEJEON, Dec.30 (Korea Bizwire) – The hero that caught the criminal of the shooting that occurred in Daejeon at on the day of Christmas, was the ‘Wanted Automobile Search System’(WASS) using a CCTV. On December 28, 7:11 p.m., an alert went off at the situation room of the Gyeonggi Police, informing that a wanted car [...]
SEOUL, Dec.30 (Korea Bizwire) – The most noticeable trend in the fashion apparel industry was the increase in consumers who value the experience accrued as an important part of fashion, of Internet of Things (IoT), and of character items pertaining to their historical nostalgia. According to the ‘2015 Fashion Issues and 2016 Fashion Trend Prospect’ [...]
SEOUL, Dec. 30 (Korea Bizwire) – South Korea’s science ministry said Wednesday it plans to launch a lunar exploration project next year, eventually seeking to send a landing vessel by 2020. Under the first stage of the project that will run from 2016 to 2018, the Ministry of Science, ICT and Future Planning will allocate [...]
SEOUL/SEJONG, Dec. 30 (Korea Bizwire) - Corporate restructuring efforts aimed at bolstering South Korea’s overall competitiveness should entail pain sharing by all interested parties, the top economic policymaker said Wednesday. Chairing his last meeting of economy-related ministers in Seoul, Choi Kyung-hwan said all restructuring efforts must be resolved in a speedy manner for the best possible [...]
SEOUL, Dec. 30 (Korea Bizwire) – “Inside Men” has become the second-most-watched R-rated movie of all time in South Korea, its distributor said Wednesday. The film directed by Woo Min-ho has been watched by more than 7 million people as of Wednesday morning, 42 days after its release, Showbox said. The figure is second only [...]
SEJONG, Dec. 30 (Korea Bizwire) – South Korea’s antitrust watchdog said Wednesday that it has ordered Hyundai Motor Group to resolve cross-shareholding ties derived from an intra-group merger and acquisition (M&A) between its two steelmaking units, amid the agency’s recent push to break the cobweb-like shareholding structures of conglomerates. Hyundai Steel Co. was merged with [...]
SEJONG, Dec. 30 (Korea Bizwire) – South Korea will sharply increase the budget allocated to beefing up security at its diplomatic missions in 2016, in the face of mounting threats to its diplomats and facilities, the government said Wednesday. According to the finance ministry, 26.5 billion won (US$22.6 million) will be set aside in the [...]
DAEGU, Dec.29 (Korea Bizwire) – Twelve years after the fire that occurred in the Daegu subway, a ‘memorial space’ was built at the site. On February 18, 2003, a fire occurred in the subway train which was passing through the Jungangno Station. There were 192 fatalities and 148 injuries. Daegu city preserved the burnt wall [...]