SEOUL, Nov. 24 (Korea Bizwire) – Jin Air Co., a major South Korean budget carrier, will seek to become a global industry leader after its listing on the country’s main stock market, the company head said Friday. Jin Air Co., the low-cost carrier unit of Hanjin KAL Corp., is slated to debut on the main [...]
SEJONG, Nov. 24 (Korea Bizwire) – A new hospital built in Tanzania on an aid fund run by the South Korean government will open next week, the finance ministry here said Friday. The Academic Medical Center of Muhimbili University located in Mloganzila, some 25 kilometers west of Dar es Salaam, will start operations on Saturday [...]
SEOUL, Nov. 24 (Korea Bizwire) – South Korean companies are pushing to expand their presence in the Middle Eastern market after suffering backlash from a diplomatic row between Seoul and Beijing over a U.S. missile defense system here, industry watchers said Friday. Earlier in the day, the Korea Federation of Small and Medium-sized Enterprises (SMEs) [...]
SEOUL, Nov. 24 (Korea Bizwire) – South Korea is seeking to impose higher taxes on smokeless tobacco e-cigarette products and adopt graphic health warning labels on packages, the welfare ministry said Friday. The Ministry of Health and Welfare said it had recently proposed a revision to the existing public health promotion law in order to [...]
CHANGWON, Nov. 24 (Korea Bizwire) – The Ministry of Oceans and Fisheries has unveiled self-sailing boats, which could be used to crack down on illegal fishing in future without putting the South Korean Coast Guard in danger. The unmanned smart boats developed by the oceans ministry and the Korea Research Institute of Ship and Ocean [...]
INCHEON, Nov. 24 (Korea Bizwire) – The Incheon Port Authority is ramping up efforts to attract investment at its new culture and tourist complex dubbed Golden Harbor, ahead of the opening of a new international ferry terminal at the Port of Incheon. The Incheon Port Authority (IPA) said on Thursday that the new Golden Harbor [...]
SEOUL, Nov. 24 (Korea Bizwire) – Sales of male cleansers and technical underwear are increasing in South Korea. According to recent data from health and beauty store Olive Young, sales of beauty products and technical underwear for male consumers increased by 160 percent during the first three weeks of November compared to the same time [...]
SEOUL, Nov. 24 (Korea Bizwire) – The South Korean gaming industry is urging the government to take action against Chinese video game rip-offs. “Chinese game makers are not only copying graphics and gameplay styles but also characters and the names of skills and abilities and releasing new games. The South Korean government needs to come [...]
SEOUL, Nov. 24 (Korea Bizwire) – Premium economy class airline tickets have proved popular among South Korean travelers this year. Sales of premium economy seats, which slot between business and economy class, grew 67 percent on-year between January and October, according to data from flight-booking website Skyscanner. While sales of business and economy seats also [...]
SEOUL, Nov. 24 (Korea Bizwire) – A new report has found nearly 8 in 10 South Korean internet users rely on web portals like Naver and Daum for their news. According to Digital News Report 2017 Korea, a report released by the Korea Press Foundation, most South Koreans visit web portals for news rather than [...]