INCHEON, June 29 (Korea Bizwire) – International Olympic Committee (IOC) President Thomas Bach on Thursday expressed his support for a South Korean proposal for a unified Korean delegation to next year’s Winter Olympics here, saying the idea is “in the spirit of the Olympism.” Bach arrived in South Korea to attend Friday’s closing ceremony of [...]
SEOUL, Jun. 29 (Korea Bizwire) — Contrary to popular belief, night owls whose internal body clocks are aligned differently from most people are more than capable of leading a healthy social life, a group of South Korean researchers say. Those who feel more awake at night aren’t necessarily doomed to having a bad social life, as [...]
SEOUL, Jun. 29 (Korea Bizwire) — The number of paid subscribers to online entertainment companies in South Korea has been found to be extremely low, a new industry report has revealed. Only 1.4 percent of South Korean internet users pay to enjoy online content from media outlets, the lowest rate among all online content services, while [...]
TOKYO, June 29 (Korea Bizwire) – A business center that helps Korean content production companies advance in Japan opened in Tokyo Thursday. The Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency ran the center’s opening ceremony at the Korean Cultural Center inside the Korean Embassy in the city. The center is [...]
SEOUL, Jun. 29 (Korea Bizwire) — From Saturday, the Seoul Metropolitan Government will be offering free public transport services during rush hour on days when high-level fine dust alerts are issued, in an effort to discourage driving and reduce air pollution. Seoul’s decision to offer free public transport comes after the municipal government announced ten [...]
SEOUL, Jun. 29 (Korea Bizwire) — The Ministry of Employment and Labor (MOEL) has announced plans to help train South Korean jobseekers for over 2,800 emerging jobs that have been identified as particularly relevant to future demand. Ranging from high technology including 3D printing, IoT, big data, solar energy, and drones to cultural content development, [...]
SEOUL, Jun. 29 (Korea Bizwire) — Over seven in 10 South Korean female job seekers in their 20s say they are okay with low wages as long as job security is provided, a recent report has found. In the collective survey conducted with the participation of 1,317 women out of employment by the Korean Women’s Development [...]
SEOUL, June 29 (Korea Bizwire) – Electronics and semiconductors have led the latest stock market boom in Asia’s fourth-biggest economy, data showed Thursday, amid expectations of solid corporate earnings helped by the global economic recovery. Stock prices of Samsung Electronics, SK hynix, and other electronics and semiconductor manufacturers rose 37.32 percent as of Tuesday from the [...]
BORYEONG, South Korea, June 29 (Korea Bizwire) – Leading K-pop stars Psy and IU plan to throw free stand-alone concerts at this year’s Boryeong Mud Festival, according to organizers Thursday. Psy will hold a concert July 25 at Daecheon Beach, 170 kilometers southwest of Seoul, the venue for the mud festival, celebrating its 20th year, [...]
SEOUL, Jun. 28 (Korea Bizwire) — South Korean women in their 30s have become the biggest spenders in the country’s international shopping market during the first half of 2017, according to a sales report from online shopping giant 11street. From a high-end vacuum cleaner to milk powder, women in their 30s have dominated international shopping [...]