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Star Pianist Cho Seong-jin’s Upcoming Recital Sells Out in Minutes

SEOUL, Oct. 19 (Korea Bizwire) – Tickets for South Korea’s rising classical piano star Cho Seong-jin’s upcoming solo recital have sold out in minutes online, organizers said Thursday. The 23-year-old prodigy shot to fame after becoming the first Korean to win the prestigious International Fryderyk Chopin Piano Competition in October 2015. Cho will perform at the Seoul Arts Center on Jan. 10 and 11. Credia, the event’s organizer, said the tickets sold out within four [...]

Korean Air, Boeing Sign MOU for Chinook Helicopter Upgrade

SEOUL, Oct. 19 (Korea Bizwire) – Korean Air Lines Co. has signed a deal to partner with Boeing Co. to cooperate on technology in upgrading the CH-47 Chinook helicopter, the company said Thursday. The Korean flag carrier and the U.S. aircraft manufacturer signed a memorandum of understanding (MOU) for the partnership at the Seoul International Aerospace & Defense Exhibition (ADEX) 2017 being held in Seongnam, just south [...]

BIGBANG to Hold Year-End Seoul Concert Without Rapper T.O.P

SEOUL, Oct. 19 (Korea Bizwire) – K-pop band BIGBANG plans to hold a year-end concert in Seoul but without its main rapper T.O.P, who was involved in a marijuana scandal this summer, its agency said Thursday. The group will throw a two-day show titled “BIGBANG 2017 ConcertLast Dance In Seoul” at Gocheok Skydome in western Seoul on Dec. 30-31, YG Entertainment said. T.O.P will not be part of the concert, according tothe company. T.O.P, whose real name [...]

Go Players Excited About ‘More Humanlike’ AlphaGo Zero

SEOUL, Oct. 19 (Korea Bizwire) — South Korean Go players are reacting rather positively to reports of AlphaGo Zero, with high-profile figures like Lee Se-dol expressing excitement and saying the new AI would stimulate young Go players. Researchers from Google DeepMind, who also invented artificial intelligence-based Go player AlphaGo in 2016, published a research paper on [...]

All Vehicles to be Equipped With LDWS by 2021

SEJONG, Oct. 19 (Korea Bizwire) — The South Korean government is set to make the inclusion of both lane departure warning and advanced emergency braking systems mandatory in all passenger cars from 2021, as part of efforts to curb drowsy driving. Under the new regulations from the Ministry of Land, Infrastructure and Transport released Thursday, all [...]

Jeju’s First LGBT Festival Under Threat

JEJU, Oct. 19 (Korea Bizwire) – Jeju’s very first LGBT pride festival is facing a huge setback as the Jeju government has canceled a parade permit only 10 days before the event was set to take place on the island, amid backlash from anti-LGBT groups. The Jeju government announced on Wednesday it had retracted the decision [...]

Chonbuk National University to Build Traditional Korean Campus Entrance

JEONJU, Oct. 18 (Korea Bizwire) – Chonbuk National University announced on Wednesday it is building a new traditional Korean building, which will accommodate a training center as well as serve as an entrance to the university campus. The groundbreaking ceremony for the 7 billion won construction project took place on Wednesday, with the university pledging [...]

South Korea Gives $35,000 in Trade Aid to Developing Countries

GENEVA, Oct. 19 (Korea Bizwire) – South Korea has given 390 million won to developing countries in trade aid in the hopes of helping improve trade bargaining power and enabling productive trading, according to the World Trade Organization. The aid for trade from South Korea was given to the Doha Development Agenda Global Trust Fund, which [...]

South Korean Banks Slammed for Making Profits off Additional Interest

SEOUL, Oct. 18 (Korea Bizwire) – South Korean banks have been accused of staying off the radar and making profits through high additional interest rates for banking products such as loans, despite government efforts to lower interest rates. According to data from the Financial Supervisory Service (FSS) revealed by lawmaker Park Chan-dae, who is a member [...]

Diesel Cars to Undergo Regular Emissions Testing

SEOUL, Oct. 18 (Korea Bizwire) – The Ministry of Environment has announced it will impose additional environmental tests on small and medium-sized diesel cars registered in Seoul and the surrounding area starting next year, the latest in a series of moves designed to discourage the sale and use of diesel cars. The new move by the [...]