SEOUL, April 12 (Korea Bizwire) – South Korea fell two spots to No. 61 in the latest FIFA rankings, released on Thursday. South Korea have dropped out of the top 60 for the first time in 2018. The Taeguk Warriors were 59th in January, 58th in February and back to 59th in March. They have [...]
SEOUL, Apr. 12 (Korea Bizwire) — Municipal governments across South Korea are rushing to build suspension bridges, as the latest tourism trend has proven a hit among tourists. Sogeum River in Wonju has one of the ‘hottest’ suspension bridges in the country. At 200 meters in length and 1.5 meters in width, the largest suspension bridge [...]
SEOUL, Apr. 12 (Korea Bizwire) — A new study has revealed that college-educated South Korean women with student loan debt are less likely to get married. South Korean women who have a student loan to pay back are nearly 37 percent less likely to get married, according to a thesis published in the Health and Social [...]
SEOUL, Apr. 12 (Korea Bizwire) — Samsung has rejected claims that it lobbied the International Olympic Committee to help Pyeongchang win its bid for the 2018 Winter Olympics. In a post released on Wednesday via its online newsroom, the electronics giant denied any involvement in unethical or illegal practices to help tip the Olympic bid in [...]
SEOUL, Apr. 12 (Korea Bizwire) — A new virtual reality program that will be used to better prepare police officers for cases of sexual violence and child abuse is being launched by a South Korean police agency. The Gyeonggi provincial government and the Gyeonggi Bukbu Provincial Police Agency held a test event for the agency’s VR-based [...]
SEOUL, Apr. 12 (Korea Bizwire) — Despite growing criticism, the number of animals used in South Korean lab experiments is increasing, reaching 3 million for the first time last year. Data from the Animal and Plant Quarantine Agency released on Wednesday revealed that the number of animals used for testing and research rose 7.1 percent last [...]
SEOUL, April 11 (Korea Bizwire) – The state-run Korea Development Bank (KDB), the main creditor of STX Offshore & Shipbuilding Co., said Wednesday it has accepted the troubled shipyard’s self-rescue plan, withdrawing its plan to put the mid-sized shipbuilder under court receivership. The decision came a day after the management and labor union of STX Offshore reached a last-minute deal on restructuring measures. STX Offshore, once the world’s [...]
SEOUL, April 11 (Korea Bizwire) – POSCO, the world’s fifth-largest steelmaker by output, will partner in the implementation of U.N. Sustainable Development Goals, a local nongovernmental organization (NGO) said Wednesday. The South Korean steel company has been working on a project since 2014 to build high-quality houses using its own steel house method and to provide sustainable life for residents in the cities where POSCO operates. [...]
SEOUL, April 11 (Korea Bizwire) – Samsung Display Co. said Wednesday it plans to ask the government to judge whether its workplace assessment report on its production line contains information that needs protection from disclosure. The move came after Samsung Electronics Co. also made a similar request following the government’s plan to disclose the tech giant’s workplace report, which may potentially include sensitive information on proprietary technology. The Ministry of Trade, Industry and Energy’s [...]
SEOUL, April 11 (Korea Bizwire) – Asiana Airlines Inc., South Korea’s second-biggest airline by sales, said Wednesday that the company received its fifth A350-900 wide-body jet from Airbus, allowing it to better meet the needs of the traveling public going forward. The plane is part of an order of 30 twin-engine jets placed by the airline as it upgrades its fleet. “The jet arrived [...]