SEOUL, Feb. 22 (Korea Bizwire) – Samsung Electronics Co. on Thursday denied media reports that the South Korean tech giant will expand into the organic light-emitting diode (OLED) TV business. The denial comes amid local reports suggesting that Samsung Electronics is on the verge of turning back to OLED TV, which is championed by numerous TV makers, including its local archrival, LG Electronics [...]
GANGNEUNG, South Korea, Feb. 22 (Korea Bizwire) – South Korean short tracker Hwang Dae-heon took silver and teammate Lim Hyo-jun grabbed bronze in the men’s 500 meters at the PyeongChang Winter Olympics on Thursday. Hwang finished the 4 1/2-lap race in 39.854 seconds at Gangneung Ice Arena in Gangneung, with Wu Dajing of China winning [...]
SEOUL, Feb. 22 (Korea Bizwire) – Swedish truckmaker Scania on Thursday launched its first all-new truck model in South Korea in 20 years as it pushes to strengthen its presence in its “core” Asian market. South Korea is the first Asian country to which the subsidiary of Volkswagen has introduced ‘All New Scania,’ Scania Korea [...]
SEOUL, Feb. 22 (Korea Bizwire) – A new room dedicated to showcasing Korean folk culture will be launched on Friday at the National Museum of Ethnography in Poland. The Korean exhibit at the museum in Warsaw, Poland is funded by the Ministry of Culture, Sports and Tourism and the Mazovia provincial government, according to the National [...]
SEJONG, Feb. 22 (Korea Bizwire) – South Korea’s chief economic policymaker said Thursday that the government is not ruling out the use of extra budgetary funds to help create more quality jobs for young people. “In order to finance job creation, the government does not rule out the formation of supplementary budget,” Finance Minister Kim Dong-yeon said in a meeting with reporters. “All policy tools will be mobilized [...]
PYEONGCHANG, South Korea, Feb. 22 (Korea Bizwire) – The closing ceremony of the PyeongChang Winter Olympics will be comprised of four big cultural shows highlighting the spirit of challenge and the future, organizers said Thursday. Titled “The Next Wave,” Sunday’s closing ceremony of South Korea’s first Winter Games at PyeongChang Olympic Stadium will highlight the [...]
SEOUL, Feb. 22 (Korea Bizwire) – The Seoul Metropolitan Government is set to publish a white paper on urban restoration, outlining dozens of the city’s successful examples including Sewoon Electronics Plaza and Haebangchon. The white paper, which will be unveiled sometime next month, documents know-hows and the process of urban restoration projects led by the Seoul [...]
SEOUL, Feb. 22 (Korea Bizwire) — Under an amendment to current labor laws, going forward public servants in South Korea will be permitted to work fewer hours while pregnant. According to a proposal unveiled by the Ministry of Personnel Management on Wednesday, female public servants will work two hours less during pregnancy, while those with children [...]
SEOUL, Feb. 22 (Korea Bizwire) – South Korean animal activists are filling a lawsuit on behalf of 28 endangered mountain goats to ensure their rights and protection. Members of People For Non-human Rights (PNR) announced plans to file a lawsuit with the Seoul Administrative Court in the name of 28 mountain goats inhabiting Seorak Mountain today, [...]
SEOUL, Feb. 22 (Korea Bizwire) – The Ministry of Culture, Sports and Tourism will introduce measures to make it more difficult for those guilty of sexual assault to obtain public jobs in the arts sector and cut funding for those suspected of sexual violence. Monitoring efforts will be increased for public servants in the arts sector [...]