SEOUL, Aug. 2 (Korea Bizwire) — V will become the last member of the globally popular K-pop septet BTS to debut as a solo artist, his agency said Wednesday. “V is stepping up work to make his first solo album,” BigHit Music said in a release. It said Min Hee-jin, CEO of ADOR, also a [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korea’s agriculture ministry said Wednesday it has detected an H5 avian influenza (AI) strain in cat food, and ordered its manufacturer to recall and destroy the affected products. Last month, a cat living at a shelter in Seoul’s Gwanak district died after showing respiratory symptoms, and it was [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korea’s fair trade regulator said Wednesday the number of consumer complaints regarding flight tickets more than doubled on-year in the first half of 2023 amid recovering demand for global travel. The number of such airline complaints filed to authorities reached 834 over the January-June period, rising sharply from [...]
SEOUL, Aug. 2 (Korea Bizwire) — The government will carry out a nationwide civil defense drill later this month to train people for air raid situations, the first such drill to be conducted in six years, the interior ministry said Wednesday. The 20-minute drill, set for 2 p.m. on Aug. 23, will include civil evacuation [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korea’s per-capita gross domestic product (GDP) fell by the most among major economies after Japan and Sweden last year, data showed Wednesday. The country’s per-capita GDP dropped 8.2 percent on-year to come to US$32,142 in 2022, according to the data analyzed by the Bank of Korea based on [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korean online lender Kakao Bank said Wednesday its second-quarter net profit soared 44 percent from a year earlier on growth in interest revenue and an expanded customer base. Its net profit stood at 81.9 billion won (US$63.6 million) in the April-June period, up from a profit of 57 [...]
SEOUL, Aug. 2 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their vehicle sales in the United States rose 12 percent in July from a year earlier, helped by robust sales of SUVs and electric vehicles. Hyundai and Kia sold a total of 143,787 vehicles in the U.S. last [...]
SEOUL, Aug. 2 (Korea Bizwire) — The Ministry of Environment announced that it will revise the enforcement regulation of the Wildlife Protection and Management Law to designate the great cormorant as a harmful wild animal within the second half of this year. Once classified as a harmful species, animals can be captured with the permission [...]
SEOUL, Aug. 2 (Korea Bizwire) — The number of elderly citizens seeking refuge from the stifling summer heat in subway stations or on subway trains due to financial difficulties is on the rise. According to Seoul Metro, the city-run operator of the subway system in Seoul, 14.68 million elderly citizens over 65 used subway lines [...]
SEOUL, Aug. 2 (Korea Bizwire) — Foreigners picked soju, South Korea’s traditional distilled liquor, as the most well-known Korean alcoholic beverage, survey showed Tuesday. The Korean Food Promotion Institution conducted a survey of 8,500 respondents from 15 countries and found that 41.2 percent mentioned soju as a Korean alcoholic beverage they knew about. Following soju [...]