SEOUL, Jan. 2 (Korea Bizwire) – South Korea’s biggest production house CJ E&M said Monday it has started a new project to discover and foster drama and film writers. In what it dubbed “O’PEN,” which means offering open opportunities for anyone who wants to become a pen, the company plans to invest around 13 billion [...]
SEOUL, Jan. 2 (Yonhap) – The daughter of President Park Geun-hye’s close friend, who is at the heart of an influence-peddling scandal that has led to the president’s impeachment, has been arrested in Denmark, police said Monday. According to the National Police Agency, law enforcement authorities in the European country notified their South Korean counterparts [...]
SEOUL, Jan. 2 (Korea Bizwire) – Hyundai Motor Group has set its sales target at 8.25 million cars this year, the group chairman said Monday. The annual target marks a 1.5 percent increase from the 2016 target of 8.13 million. South Korea’s largest automotive group has yet to release its actual sales for 2016, but [...]
SEOUL, Dec. 30 (Korea Bizwire) – On Friday, the 8th United Nations Secretary-General, Ban Ki-moon, made a final commute to his office at the UN headquarters in New York, and will soon be passing the baton to his successor António Guterres. Although he has yet to say the words out loud, the departing Secretary-General made [...]
SEOUL, Dec. 30 (Korea Bizwire) – A member of the Korea Association for Animal Protection held a lonely protest in front of the Seoul Government Complex on Friday, demanding that the government stop the mass culling of poultry as a primary AI-preventive measure. The man, wearing a chicken mask, held a sign that said the [...]
SEOUL, Dec. 30 (Korea Bizwire) – South Korean authorities said Friday that they are examining whether two cats found dead earlier this week were infected with a recently discovered virulent strain of avian influenza. The Ministry of Agriculture, Food and Rural Affairs and the Korea Centers for Disease Control and Prevention (KCDC) said they’ve so [...]
SEOUL, Dec. 30 (Korea Bizwire) – A former head of Hanjin Shipping Co. was indicted Friday on charges that she illegally sold company stocks using insider information to avoid losses. The Seoul Southern District Prosecutors’ Office said Choi Eun-young is accused of selling stocks of the financially troubled Hanjin Shipping in April after obtaining information [...]
SEOUL, Dec. 30 (Korea Bizwire) – South Korea’s Constitutional Court on Friday did not approve the questioning of President Park Geun-hye during the review hearings of the scandal-hit president’s impeachment. During the third and final preparatory session held at the courthouse in central Seoul, the justices rejected the parliamentary panel’s request to interrogate President Park [...]
SEOUL, Dec. 30 (Korea Bizwire) – South Korea and China have reached a deal on their annual fisheries agreement that will set their fishing quota in each other’s exclusive waters and also require additional measures, especially by Beijing, to crack down on illegal fishing by Chinese boats, the Seoul government said Friday. The agreement was [...]
SEOUL, Dec. 30 (Korea Bizwire) – The Ministry of Science, ICT and Future Planning announced Thursday some of the most successful ventures by startups and SMEs funded or supported by the Center for Creative Economy & Innovation. One of the companies introduced was 247 Korea, which manufactures a self-protection smartphone case that can automatically send [...]