Korea Bizwire, Author at Be Korea-savvy

Home / Articles posted by Korea Bizwire (Page 98)

S. Korean, Japanese Foreign Ministers Have Phone Talks to Discuss N.K. Missile

SEOUL, Nov. 29 (Korea Bizwire) – South Korea and Japan’s foreign ministers had a telephone conversation Wednesday to discuss North Korea’s launch of a new, longer-range ballistic missile early in the day and how torespond to the provocation, the South Korean foreignministry said. In the 20-minute conversation that began at 4:40 p.m., South Korean Foreign Minister Kang Kyung-wha expressed “deep concern” over the North’s resumption of [...]

Wage Talks Remain Big Worry for Hyundai Motor This Year

SEOUL, Nov. 29 (Korea Bizwire) – This year’s wage talks remain a major concern for South Korea’s top carmaker Hyundai Motor Co., which has already been hit by steep sales declines in major markets in 2017, the company said Wednesday. Hyundai Motor and its union have yet to narrow the gap over wages and other terms. They are expected to resume talks on Thursday after failing to reach an [...]

K-pop Singer Taeyeon Involved in Multi-Vehicle Accident

SEOUL, Nov. 29 (Kora Bizwire) – K-pop star Taeyeon has caused a multi-vehicle traffic accident in Seoul, according to police and her agency Wednesday. The singer of the idol group Girls’ Generation rear-ended a taxi while driving her Mercedes in southern Seoul around 8 p.m. Tuesday, according to the Gangnam Police Station. The taxi crashed into an Audi that was infront from the impact. Two passengers in the taxi and the driver [...]

Panel to Review LG Display’s Factory Plan in China

SEOUL, Nov. 29 (Korea Bizwire) – The South Korean government said Tuesday an expert panel will review LG Display Co.’s plan to build an organic light-emitting diode (OLED) plant in China, which has been delayed due to concerns over technology leaks. LG Display asked the government in July to approve the investment plan worth 5 [...]

Ill-mannered Classical Music Concertgoers Raise Eyebrows

SEOUL, Nov. 29 (Korea Bizwire) – Criticism is mounting against misbehaving concertgoers at the Berliner Philharmonic’s concert last Sunday at Seoul Arts Center, following reports that some spectators failed to mute their phones while another was caught secretly recording the show. According to reports, the Berlin-based orchestra had to stop its performance for a short period [...]

Seoul to Use Waste Water to Heat 24,000 Households

SEOUL, Nov. 29 (Korea Bizwire) – The Seoul Metropolitan Government has built a new wastewater recycling center that could produce enough energy to heat 24,000 households. The construction of the new wastewater heat recovery system at Seonam Water Recycling Center in Gangseo District has been completed, with the opening ceremony taking place today. The facility will [...]

Government to Overhaul Labor Laws for Delivery Workers

SEJONG, Nov. 29 (Korea Bizwire) – The government has proposed a labor regulations overhaul for delivery workers, which will make them eligible for overtime pay and a better insurance coverage for work-related injuries by 2022. According to the proposal released on Tuesday by the Ministry of Land, Infrastructure and Transport, a number of measures will be [...]

JYJ’s Kim Jae-joong Postage Stamps to be Released in Japan

SEOUL, Nov. 29 (Korea Bizwire) – Postage stamps designed after K-pop artist Kim Jae-joong from JYJ will be released in February in Japan. According to C-JeS Entertainment, preorders for ‘REBOOT’, a set of postage stamps consisting of Jae-joong’s pictures, began on Monday and instantly topped HMV’s sales chart. It’s the second time Jae-joong’s postage stamps have [...]

KABS to hold symposium on Buddhism and 4th Industrial Revolution

SEOUL, Nov. 29 (Korea Bizwire) – The Korean Association for Buddhist Studies is set to hold a symposium on the convergence of Buddhism and the fourth industrial revolution next month. The academic conference will see scholars put their heads together to discuss the future of Buddhism and its relation to the latest technologies including artificial intelligence, [...]

3 in 4 Finance Jobs Could Evaporate Due to 4th Industrial Revolution

SEOUL, Nov. 29 (Korea Bizwire) – A new report has revealed over 75 percent of jobs in finance could evaporate when the fourth industrial revolution takes off in South Korea. According to the report released by the Hyundai Research Institute on Tuesday, nearly 760,000 jobs in the financial sector could be replaced with computers, accounting for [...]