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Waters Around Songdo Central Park Freeze Amid Severe Cold Snap

Waters Around Songdo Central Park Freeze Amid Severe Cold Snap

INCHEON, Feb. 7 (Korea Bizwire) – With temperatures plunging below minus 10 degrees Celsius, the waters around Songdo Central Park have frozen. The channels surrounding the international city in Songdo , which are among the most iconic tourist spots in the region, have been completely frozen, according to aerial photos provided by the Incheon Free Economic [...]

3 European Leaders to Become Honorary Citizens of Seoul

3 European Leaders to Become Honorary Citizens of Seoul

SEOUL, Feb. 7 (Korea Bizwire) – The leaders of Germany, Poland and Finland will become honorary citizens of Seoul when they visit South Korea to attend the PyeongChang Winter Olympics this week, city officials said Wednesday. Seoul Mayor Park Won-soon plans to award the honorary citizenships when he meets with Polish President Andrzej Duda on Thursday, German President Frank-Walter Steinmeier on Friday and Finnish Prime Minister Juha Sipila on Feb. 19, [...]

Life in Athletes’ Village Feels Like ‘Being in Video Game’ for Teen Skater

Life in Athletes’ Village Feels Like ‘Being in Video Game’ for Teen Skater

GANGNEUNG, South Korea, Feb. 7 (Korea Bizwire) – At the tender age of 16, South Korean short track speed skater Lee Yu-bin will make her Olympic debut at the PyeongChang Winter Games. Training with her teammates on the ice is one thing, but living inside Gangneung Olympic Village, one of two athletes’ villages for PyeongChang 2018, among other Olympians has been a new [...]

S. Korea’s Domestic Supply in Manufacturing Down 3.3% in Q4

S. Korea’s Domestic Supply in Manufacturing Down 3.3% in Q4

SEJONG, Feb. 7 (Korea Bizwire) – South Korea’s total supply in manufacturing fell in the fourth quarter from a year earlier on a decline in domestic supply, government data showed Wednesday. The manufacturing domestic supply index — which measures both goods produced locally and brought into South Korea — declined 3.3 percent on-year to stand [...]

South Korean Businessman Helps Ghanaian Athlete Achieve Olympic Dream

South Korean Businessman Helps Ghanaian Athlete Achieve Olympic Dream

PYEONGCHANG, Feb. 7 (Korea Bizwire) — The Ghanaian Olympic team will compete at the upcoming Winter Olympics in PyeongChang despite financial problems, thanks to support from a Ghana-based South Korean businessman. According to reports from local media including Modern Ghana, Ghana-based alternative payment service PaySwitch has donated around 23 million won to the Ghana Olympic Committee [...]

Spectators at Roofless PyeongChang Olympic Stadium to Brave Extreme Cold

Spectators at Roofless PyeongChang Olympic Stadium to Brave Extreme Cold

SEOUL, Feb. 6 (Korea Bizwire) — Around 35,000 spectators are expected to attend the Winter Olympics opening ceremony out in the cold at the roofless PyeongChang Olympic Stadium this Friday, with officials scrambling to ensure that those present are as comfortable as possible. With sub-zero temperatures continuing to grip most of the country amid a severe [...]

Samsung Electronics Mulls Building 2nd Chip Line in S. Korea

Samsung Electronics Mulls Building 2nd Chip Line in S. Korea

SEOUL, Feb. 6 (Korea Bizwire) – South Korean tech giant Samsung Electronics Co. is pushing to build a second chip-production line near Seoul, industry sources said Tuesday, amid rising demand for semiconductors. The tech giant is in talks with officials in Pyeongtaek over a new chip-production line in that city, an insider said, although no [...]

South Korea Shows Off Cooperative Driving Among Autonomous Vehicles

South Korea Shows Off Cooperative Driving Among Autonomous Vehicles

HWASEONG, Feb. 6 (Korea Bizwire) — South Korea successfully demonstrated 5G cooperative driving technology for autonomous vehicles at K-City in Hwaseong on Monday, along with the latest road safety technology that prevents accidents in inclement weather and blind spots. It’s the first time in the world that cooperative driving has been trialed as part of [...]