SEOUL, Jan. 5 (Korea Bizwire) – South Korea’s increase of the minimum wage will boost private spending, which in turn can help Asia’s fourth-largest economy break from its low growth trend, a senior government official said Friday. In July last year, the country decided to raise its minimum wage by 16 percent to 7,530 won [...]
SEOUL, Jan. 5 (Korea Bizwire) – Los Angeles Dodgers pitcher Ryu Hyun-jin tied the knot with local sports announcer Bae Ji-hyun Friday. The star athlete and the popular TV personality exchanged vows in a private ceremony at Shilla Hotel in Seoul. Kim In-sik, Ryu’s former manager in South Korea with the Hanwha Eagles, was the [...]
SEOGWIPO, Jan. 5 (Korea Bizwire) — Seogwipo City has said it will erect an example of Jeju Island’s signature rock statue ‘dol hareubang’ in Qinhuangdao, China to promote the island. The city of Seogwipo is spending 20 million won to produce a dol hareubang statue, which will then be moved via ship to Beidaihe District, [...]
SEOUL, Jan. 5 (Korea Bizwire) — Windproof tents have been introduced at a number of bus stops in Seoul’s Jung District. According to the Jung-gu District Office on Thursday, the tents dubbed ‘ongitong’, which means ‘warmth tub’ in English, were set up at 16 bus stops located within the district to help passengers withstand Seoul’s [...]
DAEJEON, Jan. 5 (Korea Bizwire) — A new study has found drinking one cup of coffee or green tea every day can help eliminate free radicals from the system. According to the study conducted by the Daejeon Metropolitan City Institute of Health & Environment, coffee and tea typically sold at cafes contain antioxidants such as [...]
SEOUL, Jan. 5 (Korea Bizwire) — PyeongChang Olympics organizers have guaranteed to pay performers for the opening and closing ceremonies, amid reports that staff are being underappreciated. According to POCOG, the PyeongChang Olympics organizing committee on Thursday, steps are being taken to ensure the payment of performers for the opening and closing ceremonies, including a [...]
SEOUL, Jan. 4 (Korea Bizwire) — Government data has revealed nearly 4 in 10 South Korean adult men are obese, despite Koreans in general being some of the slimmest people among developed countries. According to the National Health Insurance Services’ 2017 Obesity White Paper last week, nearly 34 percent of South Koreans who received a [...]
SEOUL, Jan. 4 (Korea Bizwire) – Three out of four South Koreans are in favor of North Korea’s participation in the upcoming Winter Olympics, which will be held in the South Korean alpine town of PyeongChang, a poll showed Thursday. The survey was conducted Wednesday after North Korean leader Kim Jong-un, in his New Year’s [...]
BUSAN, Jan. 4 (Korea Bizwire) – The South Korean shipping industry will have to spend a minimum of five trillion won to return its shipping container capacity to normal levels, a report has claimed. According to the report released by the Korea Maritime Institute on Wednesday, Hyundai Merchant Marine, which is the largest shipbuilding company [...]
SEOUL, Jan. 4 (Korea Bizwire) – K-pop group BTS has been on the Billboard Hot 100 chart for five consecutive weeks with “Mic Drop,” breaking its own record as the longest-charting K-pop group on the U.S. music publication’s main singles chart. “Mic Drop,” featuring hip-hop artist Desiigner and remixed by Steve Aoki, has come in [...]