PYEONGCHANG, South Korea, Jan. 23 (Korea Bizwire) – The opening ceremony for next month’s PyeongChang Winter Olympic will highlight peace by following the fairytale-like adventures of five imaginary children from rural South Korea exploring the country’s culture and history, organizers said Tuesday. The Feb. 9 opener for South Korea’s first Winter Games, titled “Peace in [...]
SEOUL, Jan. 23 (Korea Bizwire) – Hankook Tire Manufacturing Co., South Korea’s largest tiremaker by sales, said Tuesday it will provide Citroen’s new crossover utility vehicles (CUVs) with Ventus Prime 3 and Kinergy 4S premium tires. Hankook Tire said its tires will be equipped in the new models of the French automaker’s C3 Aircross for [...]
SEOUL, Jan. 23 (Korea Bizwire) — The Korea Expressway Corporation will collaborate with other traffic organizations to expand road fire accident prevention systems at tunnels across the country. The corporation, which runs South Korean toll roads, announced on Monday it had signed a memorandum of understanding with the Korea Tracking Association and the National Charter [...]
SEOUL, Jan. 23 (Korea Bizwire) – Yonhap News Agency announced Tuesday that its news sharing service for the forthcoming PyeongChang Winter Olympics went into full operation. South Korea’s key wire service formally opened the PyeongChang News Service Network (PNN) on Saturday. It allows overseas wire services that subscribe to PNN to share news on the [...]
SEOUL, Jan. 23 (Korea Bizwire) – The second season of JTBC’s popular reality TV show “Hyori’s Home Stay” will premiere Feb. 4, the network said Tuesday. For the show, the celebrity couple — singer Lee Hyo-ri and singer-songwriter Lee Sang-soon — turn their home on the southern resort island of Jeju into a bed and [...]
SEOUL, Jan. 23 (Korea Bizwire) — Unions in the South Korean banking sector are demanding a position on the board of directors to better represent themselves with management. According to sources close to the banking industry, an increasing number of financial institutions including KB Financial Group, Shinhan Bank and Woori Bank are addressing calls from labor [...]
SEOUL, Jan. 23 (Korea Bizwire) — The government will offer telecom providers discounted prices for the use of 5G frequency bands in a move to encourage data plan price cuts. The Ministry of Science and Technology announced plans on Sunday to push through with reforms to the radio waves act, laying the legal groundwork for incentives [...]
SEOUL, Jan. 22 (Korea Bizwire) – Chung Hyeon continued his impressive run at the Australian Open on Monday after he beat former world No. 1 Novak Djokovic to become the first South Korean to reach the last eight at a Grand Slam event. Chung produced another upset at the Australian Openafter he knocked out Djokovic 3-0 (7-6 (7-4), 7-5, 7-6 (7-3)) in the round of 16 contest at Rod Laver [...]
SEOUL, Jan. 22 (Korea Bizwire) – The board of directors of public broadcaster KBS on Monday approved a motion to dismiss its president, Koh Dae-young, who is accused of political bias and unfair labor practices. Ten of the board’s 11 members attended the closed-door session to vote on the proposal submitted Jan. 8. The broadcaster’s 2,200 unionized workers have been on strike since Sept. [...]
SEOUL, Jan. 22 (Korea Bizwire) – A victim of Japan’s forced labor during its colonial rule decades ago died on Monday at the age of 89, civic group officials said. Choi Jang-seop was one of hundreds of Koreans who were conscripted into forced labor on Japan’s Hashima Island as part of the country’s mobilization of [...]