SEOUL, May 22 (Korea Bizwire) – An expanded bullet train system has allowed people living in roughly a fifth of the country to benefit from shortened travel time last year, a government report said Monday. In a recent report by the Korea Research Institute for Human Settlements, residents in 22.4 percent, or a 22,000 square [...]
SEOUL, May 22 (Korea Bizwire) – Seoul has launched a revolutionary new online service today that informs passengers about how congested their bus will be before they get on. Seoul’s new congestion alert service, which comes in the form of bus information systems, a desktop website (http://bus.go.kr) and a mobile app called SeoulBus, tells public [...]
SEOUL, May 22 (Korea Bizwire) – Seoul Plaza, which fronts City Hall, will be transformed into a circus venue from today as it embarks on a 7-day circus event offering a series of performances every day during lunch time until May 30. The Seoul Metropolitan Government announced yesterday that a variety of circus shows will [...]
SEOUL, May 22 (Korea Bizwire) – South Korea should aggressively woo the global halal market to diversify its export destinations, a local trade organization said Monday. The Institute for International Trade under the Korea International Trade Association (KITA) called halal the world’s biggest blue ocean and niche market. Halal is a widely applied Islamic dietary [...]
SEOUL, May 22 (Korea Bizwire) – A thaw in deadlocked relations between South Korea and China over the deployment of an advanced U.S. ballistic missile defense system is showing signs of resuscitating vitality in exchanges in the public and private sectors between the two countries. Strained bilateral relations look somewhat mitigated of late as newly elected South Korean President Moon Jae-in is actively trying [...]
SEOUL, May 22 (Korea Bizwire) – South Korean companies, led by Doosan Infracore Co., are witnessing robust sales in China’s excavator market as the world’s No. 2 economy increased spending on infrastructure, industry sources said Saturday. According to the data provided by NH Investment & Securities Co., a total of 13,673 excavators were sold in China in April, more than doubling from a year earlier. In the case of Doosan Infracore, South Korea’s top construction [...]
SEOUL, May 19 (Korea Bizwire) – A recent rooftop restaurant and bar craze is reshaping dining and drinking culture in South Korea, as more and more new business establishments are sprouting up on rooftops across the country. Gyeongridan and Itaewon are at the forefront of the latest fad in Seoul, as a good number of bars [...]
SEOUL, May 19 (Korea Bizwire) – Despite a modest improvement over the past five years, South Korea still remains among the countries with the highest suicide rates in the world, a new WHO report has revealed. The South Korean suicide rate is 28.4 per 100,000 individuals, ranking fourth among 183 countries surveyed in the 2017 [...]
GANGWON, SOUTH KOREA, May 19 (Korea Bizwire) – A married couple in Gangwon Province is helping promote next year’s PyeongChang Olympics by riding a recumbent bicycle at the 52th Gangwondo Sports For All Festival. Cycle travel writer Kim Min-sook, who is also an honorary tourism ambassador for Gangwon Province where she was born, and her [...]
SEOUL, May 19 (Korea Bizwire) – Hunminjeongeum, the original manuscript for the Korean language, has been chosen as the best invention by South Koreans in a recent Facebook survey. Marking its 40th anniversary as well as the 52th anniversary of Inventors’ Day today, the Korean Intellectual Property Office (KIPO) conducted a survey to find out the [...]