SEOUL, April 2 (Korea Bizwire) – Actor Park Bo-gum held a fan meet-and-greet event in Seoul over the weekend, his agency said Monday. Blossom Entertainment said the meeting was held in Grand Peace Palace at Kyung Hee University in Seoul over two days and was attended by 8,000 fans. During the event, he shared his daily life through video clips, had a Q&A session and took to the [...]
SEOUL, April 2 (Korea Bizwire) — South Korean department stores are ramping up efforts to attract male customers, whose growing numbers are changing the retail landscape. According to data from Shinsegae Department Store, male customers, which accounted for 28.1 percent in 2010, now represent just over 34 percent of the major department store’s customer base. Sales [...]
PYONGYANG/SEOUL, April 2 (Joint Press Corps-Yonhap) – The schedule for another concert by a South Korean art troupe visiting Pyongyang has been fixed, Seoul officials said Monday. A 160-member South Korean art troupe, including 11 celebrated Korean pop musicians, plans to perform jointly with North Korean artists on Tuesday afternoon following a successful concert on Sunday. “It has been confirmed that the joint performance will begin at 4 p.m. (Pyongyang time),” a [...]
SEOUL, April 2 (Korea Bizwire) — Loneliness is one of the biggest health threats facing South Korea, according to a new survey. The survey conducted by the Korean Clinical Psychology Association (KCP) revealed South Korea’s loneliness scale has reached 78 out of 100, due to growing individualism and division between classes, as well as a long-term [...]
SEOUL, Apr. 2 (Korea Bizwire) – GM Korea’s brand value has taken a hit amid a plant shutdown and labor-management conflicts, with its Chevrolet Spark and Malibu models slipping in the rankings. According to data released by Brandstock on Sunday, the Chevrolet Spark failed to rank in the top 100 most valuable brands in the South [...]
BUSAN, April 1 (Korea Bizwire) – South Korea’s state-run maritime institute said Friday it has successfully used an unmanned vessel to observe underwater topography close to shore. A team of researchers led by Shin Dong-hyeok remotely controlled the unmanned ship equipped with a multibeam echo sounder to check underwater features in relatively shallow waters, according to the Korea Institute of Ocean Science and [...]
SEOUL, April 1 (Korea Bizwire) – China will end what are believed to be retaliatory measures over South Korea’s deployment of a U.S.-developed missile shield in the near future, a top Chinese official said Friday. Chinese President Xi Jinping’s envoy, State Councilor Yang Jiechi, made the remarks during his meeting with South Korean President Moon Jae-in in Seoul. “China places great importance on matters of [...]
SEOUL, April 1 (Korea Bizwire) – Doctors warned Friday they may stage a rally or a walkout in April in protest against the government’s “unilateral” medical policy. According to the Korean Medical Association, the doctors are planning to take collective action against so-called Moon Jae-in Care, which the government says is focused on providing comprehensive medical services to the general public at reasonable prices. [...]
SEOUL, Mar. 29 (Korea Bizwire) — Savvy social media use can lead candidates to victory come election time, according to a new study. The new report released by the National Assembly Research Service revealed that President Moon Jae-in used live broadcasting features on social media much more than other candidates during his victorious campaign in [...]
SEOUL, March 29 (Korea Bizwire) – Moody’s Investors Service said Thursday that Hyundai Steel Co.’s plan to sell its 5.7 percent stake in auto parts maker Hyundai Mobis Co. is credit positive for the steelmaker. But the planned stake sale will not have an immediate impact on Hyundai Steel’s Baa2 stable rating, the global ratings agency said in a statement. “The share sale if it goes ahead as planned will generate after-tax cash proceeds of [...]