SEOUL, May 11 (Korea Bizwire) – Now that South Korea’s newly elected president Moon Jae-in has been sworn into office, public attention is turning to whether his pets – rescued dog Maru and cat Jjingjjingi – will accompany him to the Blue House as the very first First Dog from a shelter and First Cat in [...]
SEOUL, May 11 (Korea Bizwire) – The vice chairman and heir apparent of Hyundai Motor Co., South Korea’s leading carmaker, on Thursday told the company’s global salespeople that the company will churn out new vehicles and make necessary investments in technologies that will make it more competitive. On the second day of the 2017 Global [...]
SEOUL, May 11 (Korea Bizwire) – South Korea will allow its citizens to visit some parts of Iraq which had been banned from travel as safety is showing signs of improving, the foreign ministry said Thursday. The ministry has imposed a travel ban on Iraq since August 2007 for safety reasons though allowed exceptional permits [...]
GYEONGGI, May 11 (Korea Bizwire) – The city of Pyeongtaek in Gyeonggi Province is considering the idea of launching its own poultry farms that would drastically change the area allocated to each chicken, as part of all-out efforts to prevent and tackle outbreaks of avian influenza that have swept across the country in the past, city [...]
SEOUL, May 11 (Korea Bizwire) – BMW was the most popular foreign car maker in South Korea during the month of April, knocking Mercedes-Benz from its perch as sales leader for the first time. According to figures released by the Korea Automobile Importers & Distributors Association (KAIDA) yesterday, BMW sold 6,334 vehicles in April, amounting to [...]
SEOUL, May 11 (Korea Bizwire) – Korean Air Lines Co. swung to the black in the first quarter from a year earlier on currency-related gains, the company said Thursday. The country’s flag carrier shifted to a net profit of 559.2 billion won (US$496 million) in the January-March quarter from a net loss of 174.9 billion [...]
SEOUL, May 11 (Korea Bizwire) – Books about the newly elected president of South Korea are selling like hotcakes, with sales of some books up fourfold as public interest in Moon Jae-in is peaking after he was sworn into office yesterday. Among the books, Mon’s autobiography “The Fate of Moon Jae-in” is proving particularly popular, [...]
SEOUL, May 11 (Korea Bizwire) – From Band-Aid bandages to sanitary pads and ointments, a new emergency kit service dubbed ‘Goodoc pharmacy’ is coming to a Seoul subway station near you, which any subway rider can use in case of an emergency. The Goodoc pharmacy service, which was introduced by the Seoul Metropolitan Rapid Transport Corporation [...]
SEOUL, May 11 (Korea Bizwire) – Global rating agency Moody’s Investors Service said Wednesday that South Korea’s new President Moon Jae-in is likely to pursue continuity in economic and fiscal policies. Steffen Dyck, senior credit officer at Moody’s, said there might be a shift in focus in sme structural reform areas, such as labor markets and social security. “We expect that [...]
SEOUL, May 11 (Koera Bizwire) – Sales of imported vehicles in South Korea rose 12 percent last month from a year earlier on robust sales of Japanese and European models, industry data showed Wednesday. The number of newly registered foreign cars climbed to 20,051 in April from 17,845 a year earlier, the Korea Automobile Importers and Distributors Association (KAIDA) said in a statement. Sales of Japanese vehicles jumped 15 percent last month compared to a year earlier, with European [...]