SEOUL, Aug. 27 (Korea Bizwire) — South Korea’s consumer prices are expected to grow at a faster pace in the coming months after a monthslong downtrend due mainly to rising global oil prices, officials said Sunday. Consumer prices, a key gauge of inflation, are forecast to rise more than 3 percent from a year earlier, [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea’s exports of fisheries products fell more than 10 percent on-year during the first seven months of 2023, data showed Sunday. Outbound shipments of marine products came to US$1.75 billion in the January-July period, down 11.5 percent from a year earlier, according to the data by the Korea [...]
SEOUL, Aug. 27 (Korea Bizwire) — North Korea has lifted an entry ban imposed on its citizens staying abroad over COVID-19 concerns, state media reported Sunday, reopening its border following more than three years of its stringent virus restrictions. The North’s national emergency epidemic prevention headquarters announced that North Korean “citizens abroad have been allowed [...]
SEOUL, Aug. 26 (Korea Bizwire) — Thousands of people rallied in Seoul on Saturday to protest Japan’s release of radioactive water from the crippled Fukushima nuclear power plant. The rally was held near City Hall, with the participation of some 90 civic groups who have formed a coalition to protest the water release, and members [...]
SEOUL, Aug. 26 (Korea Bizwire) – South Korean and U.S. navy special commandos held joint drills at an American military base south of Seoul on Friday to beef up their readiness, Seoul officials said, amid tensions caused by North Korea’s failed yet defiant space rocket launch earlier this week. The exercise took place at Camp [...]
SEOUL, Aug. 26 (Korea Bizwire) — BTS member Jungkook’s debut solo single, “Seven,” became the third most-streamed song of the summer on the global streaming platform Spotify, his agency said Saturday. “Seven” was ranked only behind “Ella Baila Sola” by Eslabon Armado and Peso Pluma at No. 1 and Bad Bunny’s “Where She Goes” on [...]
KUALA LUMPUR, Malaysia, Aug. 25 (Korea Bizwire) — Malaysia Healthcare Travel Council (MHTC) is proud to announce a pilot programme, “Rejuvenate with Malaysia Healthcare,” which aims to cultivate Malaysia as an active retirement living destination worldwide. The one-year pilot programme sees MHTC collaborating with four (4) leading integrated wellness residences namely Domitys Bangsar, Komune Living [...]
SEOUL, Aug. 25 (Korea Bizwire) — E-Mart24 Inc., one of South Korea’s major convenience store (CVS) chains, has signed an initial agreement with a South Korean real estate service company and a Cambodian food and beverage group to make inroads into the Cambodian market, company officials said Friday. E-Mart24 signed a memorandum of understanding (MOU) [...]
SEOUL, Aug. 25 (Korea Bizwire) — The Ministry of Oceans and Fisheries said Thursday it has succeeded in massive captive propagation for endangered hawk-billed sea turtles. Previously, efforts to propagate sea turtles in captivity were carried out in small cohorts ranging from two to 24 individuals. However, in this particular case, the artificial incubation of [...]
SEJONG, Aug. 25 (Korea Bizwire) — A large-scale data center integration complex is planned to be established in South Jeolla Province to utilize the region’s abundant solar electricity. The Ministry of Trade, Industry and Energy said Thursday it had entered a memorandum of understanding (MOU) with the South Jeolla provincial government and the Korea Electric [...]