SEOUL, May 23 (Korea Bizwire) – China has announced a safeguard measure against imported sugar exceeding the quota for three years, a move that will hurt South Korean exporters, such as CJ Cheiljedang Corp., a leading food manufacturer, a trade promotion agency said Tuesday. According to the Korea Trade-Investment Promotion Agency (KOTRA), China’s Ministry of [...]
SEOUL, May 23 (Korea Bizwire) – South Korea’s largest consumer electronics and technology trade fair will kick off in Seoul later this week to showcase the latest mobile gadgets and telecommunications technologies, the ICT ministry said Tuesday. The World IT Show, hosted by the Ministry of Science, ICT and Future Planning, will kick off Wednesday [...]
SEOUL, May 23 (Korea Bizwire) – South Korean food companies are introducing convenience bar snacks with the “drinking solo” (or “honsul”) culture spreading fast amongst local drinkers. Chung Jung One said Monday that it is introducing a new lineup of bar snacks dubbed Anjuya, including boneless chicken feet, spicy pork rinds, and pork entrails. The [...]
SEOUL, May 23 (Korea Bizwire) – The latest data from market analyst DMC Media has revealed that YouTube was still the most popular video streaming platform on mobile devices in South Korea, chosen by 42.8 percent of 1,000 study participants in April, which was up from the 38 percent observed last year. YouTube outstripped its [...]
SEOUL, May 23 (Korea Bizwire) – The South Korean government has decided to regulate the sale of portable oxygen canisters, which have become increasingly popular amid fine dust fears that have been gripping the peninsula. According to the Ministry of Food and Drug Safety on Monday, a revision designating portable oxygen cans as “quasi-drugs” will [...]
UIJEONGBU, South Korea, May 23 (Korea Bizwire) – A total of 132 South Koreans were arrested in a three-month narcotics crackdown spearheaded by the Gyeonggi Bukbu Provincial Police Agency, with 46 individuals indicted and the reported seizure of 39.3 grams of methamphetamine, enough to dose 800 people simultaneously. According to the agency, 116 (87.8 percent) [...]
SEJONG, May 23 (Korea Bizwire) – The rate of marriages of highly educated women has dropped sharply over the past 15 years amid the country’s late- and non-marriage trend, government data showed Tuesday. Out of 1,000 women who graduated from college-level or higher educational institutions, 28.6 tied the knot in 2015, compared with 41.2 cases [...]
SEOUL, May 23 (Korea Bizwire) – One out of 7 temporary workers have experienced depression, almost twice as high as those holding regular positions, a study showed Tuesday. The prevalence for depression was 13.1 percent among irregular workers, whose job conditions are far less favorable than for permanent workers and have to constantly worry about [...]
BUSAN, May 23 (Korea Bizwire) – Container cargo handled at South Korea’s biggest port of Busan has edged up over the past eight months despite the demise of Hanjin Shipping Co., once the country’s No. 1 shipping firm, data showed Tuesday. Container cargo processed at the southeastern port came to 13.05 million twenty-foot-equivalent units (TEUs) [...]
SEOUL, May 23 (Korea Bizwire) – Two hundred South Korean-made buses will be exported to Yangon, the former capital and the largest city of Myanmar, for use by schools, South Korea’s trade promotion agency said Monday. According to the Korea Trade-Investment Promotion Agency (KOTRA), the 29-seat New County buses, manufactured by South Korea’s top automaker [...]