SEOUL, Feb. 9 (Korea Bizwire) – Nearly one in four dog owners in South Korea have experienced allergy symptoms in the past, a new survey has found. The survey of 537 individuals conducted by Professors Lee Sang-pyo and Lee Sang-min from Gachon University Gil Medical Center and Yang Min-suk from the Seoul Metropolitan Goverment Boramae [...]
PYEONGCHANG, Feb. 9 (Korea Bizwire) — Speculation is growing over Pyongyang’s true intentions behind the decision to send top political figures to the PyeongChang Winter Olympics. North Korea’s de facto chief of state Kim Yong-nam is set to visit South Korea as part of the country’s Winter Olympics delegation, becoming one of the most prominent political [...]
SEOUL, Feb. 9 (Korea Bizwire) — The government has announced plans to set up a 300 billion won support fund for socially responsible financial companies and cooperatives. A number of government branches reached an agreement on the proposal during a meeting on Thursday, including the Office for Government Policy Coordination, the Financial Services Commission, the Ministry [...]
SEOUL, Feb. 8 (Korea Bizwire) – South Korean President Moon Jae-in and Polish President Andrzej Duda agreed Thursday to enhance the countries’ bilateral cooperation in the energy and infrastructure sectors. In their bilateral summit, held at Seoul’s presidential office Cheong Wa Dae, the heads of state noted the countries’ relationship and cooperation have steadily improved [...]
SEOUL, Feb. 8 (Korea Bizwire) – South Korean President Moon Jae-in reaffirmed his commitment to the alliance with the United States as the pillar for denuclearizing North Korea during his meeting with U.S. Vice President Mike Pence on Thursday. The U.S. official arrived in Seoul earlier in the day to attend Friday’s opening of the Winter Olympic Games in PyeongChang, located some 180 kilometers east [...]
GANGNEUNG, South Korea, Feb. 8 (Korea Bizwire) – South Korea on Thursday opened a facility aimed at promoting the nation and providing support for international athletes and guests during the PyeongChang Winter Olympics. An opening event for Team Korea House was held at the three-story center located within Gangneung Olympic Park in Gangeung, a sub-host city of the PyeongChang Winter Games. Several other countries, including Japan and Switzerland, have also [...]
SEOUL, Feb. 8 (Korea Bizwire) – South Korea’s four major financial holding firms saw their net profits rise last year as interest income increased, according to industry data on Thursday. The combined net profit of KB Financial, Shinhan Financial, Hana Financial and Woori Bank stood at 9.77 trillion won (US$8.98 billion) lastyear, up more than 30 percent from a year earlier. KB Financial’s net profit jumped 54.5 percent on-year last year, and [...]
SEOUL, Feb. 8 (Korea Bizwire) – Korean Air Lines Co., South Korea’s national flag carrier, said Thursday it swung to a net profit in 2017, after posting a net loss a year earlier, on increased passenger demand and foreign-exchange gains. For the whole year, Korean Air shifted to a net profit of 801.9 billion won [...]
SEOUL, Feb. 8 (Korea Bizwire) – International travel expenses among South Koreans increased 15-fold last month amid reports that a record number of cryptocurrency investors travelled abroad to buy cryptocurrencies on the cheap. According to lawmaker Lee Hyun-jae, who is also a member of the Strategy & Finance Committee, international travel expenses amounted to nearly 42 [...]
SEOUL, Feb. 8 (Korea Bizwire) – YouTubers with international backgrounds are taking the South Korean online video scene by storm, covering a wide range of topics including food, travel, beauty, and even content for children. Video streaming channels hosted by people from different countries first gained popularity focusing on their life in South Korea, but the [...]