SEOUL, Jun. 17 (Korea Bizwire) — South Korean ancestors, largely lived by working on farms, had many ceremonies to have a good harvest. Dano, one of three most celebrated traditional holidays across the nation, falls on the fifth day of the fifth month of the lunar calendar that happens to be June 18 this year, [...]
SEOUL, Jun. 17 (Korea Bizwire) — In celebration of Seoul’s “car-free street day” which comes on every Sunday for this year (from April to October), the city government arranged for ‘street fashion show’ on a road at Sejong-daero in Seoul on June 17. The event, “Seoul 365-Car-free Street Fashion Show,” was designed to showcase the [...]
SEOUL, Jun. 9 (Korea Bizwire) Good news for South Koreans who have been looking for some auspicious signs in the run up to the historic summit between leaders of North Korea and US. The good news came from Seoul Grand Park, south of Seoul, where a Siberian tiger named Penza (or called here as Baekdu [...]
SEOUL, June 9 (Korea Bizwire) – Hideki Yano, a Japanese civic activist devoted to supporting victims of Japan’s colonial rule, said Saturday that the Japanese government is liable to pay compensation to colonial-era victims now living in North Korea. “Japan is responsible for its colonial rule and the division on the Korean Peninsula. Without its [...]
SEOUL, June 9 (Korea Bizwire) – A Singaporean national won a mega jackpot of 884.8 million won (about US$800,000) at Paradise City, a foreigners-only casino in Incheon’s Yeongjongdo district, casino officials said Saturday. The winner, identified only as a 45-year-old Singaporean, made the fortune by playing various casino games early Friday evening, the officials said. [...]
SEOUL, June 9 (Korea Bizwire) – K-pop sensation BTS’ music video for “DNA” exceeded 400 million views on YouTube on Saturday, marking the first time that a South Korean music group has set such a record. The video for the lead song on the group’s mini album “LOVE YOURSELF: Her” surpassed the milestone on the [...]
Earlier May, LG Electronics announced it had made equity investment in Acryl, a local AI startup. (Image courtesy of LG Elecs) SEOUL, May 29 (Korea Bizwire) – LG Electronics Inc. said Tuesday it plans to invest 53.6 billion won (US$49.67 million) in acquiring stakes in Robostar Co., a local robot manufacturing firm, as part of [...]
SEOUL, May 26 (Korea Bizwire) – South Korean President Moon Jae-in held a surprise second meeting with North Korean leader Kim Jong-un on Saturday, the presidential office Cheong Wa Dae said, in an apparent move to convince Kim to hold his scheduled summit with U.S. President Donald Trump. “President Moon Jae-in held a second summit [...]
SEOUL, May 23 (Korea Bizwire) -- South Koreans who perceive North Korea as a partner for cooperation and favor the reunification of the two countries have increased significantly this year, according to a survey released on Wednesday. The poll of 1,002 adults nationwide conducted by the state-run Korea Institute for National Unification (KINU) from April [...]
SEOUL, May 23 (Korea Bizwire) – Financial authorities on Wednesday unveiled a set of measures to allow companies to secure loans using their movable assets, including intellectual property and half-finished goods, as collateral. The measures are aimed at helping small and medium-sized enterprises (SMEs) and startups raise funds, the Financial Services Commission (FSC) said in [...]