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Twentysomethings Now Enjoy Fewer Cultural Activities Than Teenagers

Twentysomethings Now Enjoy Fewer Cultural Activities Than Teenagers

SEOUL, Apr. 26 (Korea Bizwire) — A new report has revealed that South Koreans in their 20s now spend less time enjoying cultural activities than teenagers. According to data released by Statistics Korea on Thursday, 87.1 percent of teenagers between 13 and 19 years of age enjoyed more than one type of cultural activity including plays, [...]

Over Half of South Koreans Hopeful about Inter-Korean Summit

Over Half of South Koreans Hopeful about Inter-Korean Summit

SEOUL, Apr. 26 (Korea Bizwire) — More than half of South Koreans believe the inter-Korean summit this Friday could have a positive impact on the relationship between the two Koreas. According to a survey conducted by the Korea Press Foundation, around 54 percent said that inter-Korean relations will improve following the much anticipated inter-Korean summit this [...]

South Korea to Invest 19 Billion Won in Augmented Reality and Blockchain

South Korea to Invest 19 Billion Won in Augmented Reality and Blockchain

SEOUL, Apr. 26 (Korea Bizwire) — The South Korean government will invest nearly 19 billion won to develop augmented reality platforms over the next three years. The Ministry of Culture, Sports and Tourism announced plans for a number of major technology research projects worth 18.7 billion won on Monday, including AR platform development, support for blockchain-based [...]

Nat’l Football Coach Says S. Korea’s World Cup Preparations Are on Track

Nat’l Football Coach Says S. Korea’s World Cup Preparations Are on Track

SEOUL, April 25 (Korea Bizwire) –  South Korea football coach Shin Tae-yong said Wednesday his team’s preparations for the 2018 FIFA World Cup are on track. South Korea will meet Germany, Sweden and Mexico in Group F at the World Cup in Russia, which is only about 50 days away. Shin admitted that they’re the underdogs but will not give up easily. “Frankly, none [...]

Samsung’s Work Environment Holds No Clues to Workers’ Illnesses: Investigation Team

Samsung’s Work Environment Holds No Clues to Workers’ Illnesses: Investigation Team

SEOUL, April 25 (Korea Bizwire) – An independent investigation committee tasked with checking the work environment at Samsung Electronics Co. said Wednesday that it has found no clear evidence to link the chips and display lines with the illnesses suffered by some workers, although acknowledging there should be continuous studies. After carrying out a three-year probe, the team of experts said it found no critically [...]

Hyundai Mipo Bags 179 Bln Won Deal to Build 4 Carriers

Hyundai Mipo Bags 179 Bln Won Deal to Build 4 Carriers

SEOUL, April 25 (Korea Bizwire) – Hyundai Mipo Dockyard Co., a local shipbuilder, said Wednesday that it has received a 179 billion won (US$165 million) order to build four carriers of petrochemical products for an unidentified company in the Middle East. In a regulatory filing, the South Korean shipyard said it will deliver the vessels by May 2020. The shipbuilder [...]

EXO-CBX to Drop First Full-Length Album in Japan in May

EXO-CBX to Drop First Full-Length Album in Japan in May

SEOUL, April 25 (Korea Bizwire) – EXO-CBX, the K-pop boy band EXO’s sub-unit, will release its first full-length album, titled “MAGIC,” in Japan next month, its agency said Wednesday. SM Entertainment said the album features 11 tracks, including eight new songs, such as “Horololo” and solo songs by its members, Chen, Baekhyun and Xiumin. With the May 9 release, the sub-unit will go on tour in Japan. Titled “EXO-CBX Magical [...]