SEOUL, Dec. 16 (Korea Bizwire) – The Seoul Central District Court upheld a previous ruling that imposed a fine on local pop artist Lee Byeong-ha for distributing leaflets ridiculing South Korean president Park Geun-hye. The 48-year-old artist, often known by his stage name Leeha, distributed a total of some 18,000 leaflets in Seoul and other [...]
SEOUL, Dec. 16 (Korea Bizwire) – The recent South Korean blockbuster disaster film “Pandora” was the first of its kind to see nuclear power plants play a pivotal role in the plot. The movie, which is reminiscent of the Fukushima nuclear meltdown in 2011, takes place in an eastern coastal city of South Korea that [...]
SEOUL, Dec. 16 (Korea Bizwire) – If there is one thing that LG Electronics can boast of with its latest flagship smartphone, the V20, it is the phone’s audio performance, allowing users to play high-resolution sound files through its ambitious Quad DAC (digital to analog converter), and record with its built-in high-quality microphone. LG’s recent [...]
SEOUL, Dec. 16 (Korea Bizwire) – It has been almost two weeks since China’s ambitious Shenzhen-Hong Kong Stock Connect was launched, but the trading link has so far failed to drum up much excitement, at least from the point of view of Korean investors. According to the Korea Financial Investment Association, the aggregate trade volume [...]
SEOUL, Dec. 16 (Korea Bizwire) – South Korea and Japan on Friday directly exchanged classified information on North Korea’s nuclear and missile programs for the first time in line with their intelligence-sharing pact which came into force last month, the defense ministry said. Defense ministry spokesman Moon Sang-gyun told reporters that the exchange was made [...]
SEOUL, Dec. 16 (Korea Bizwire) – Highlighting his mantle as commander in chief, Acting President and Prime Minister Hwang Kyo-ahn visited the headquarters of South Korea-U.S. Combined Forces Command (CFC) in Seoul on Friday. He called on South Korean and U.S. troops here to maintain full readiness against possible North Korean provocations to address growing [...]
BEIJING, Dec. 16 (Korea Bizwire) – South Korea and China have wrapped up their “Visit Korea Year 2016″ campaign in Beijing in a ceremony overshadowed by a diplomatic feud over Seoul’s missile shield plan. South Korean Minister of the Culture, Sports and Tourism Cho Yoon-sun and China National Tourism Administration Chairman Li Jinzao presided over [...]
SEOUL, Dec. 16 (Korea Bizwire) – December 20 will mark the first anniversary of the day that the Korea-China free trade agreement took effect. Although exports of Korean products that had their tariffs lowered thanks to the FTA gradually increased over the year, local industries have yet to take full advantage of the deal. According [...]
SEOUL, Dec. 16 (Korea Bizwire) – Despite the somber statistic that only 38 percent of startups survive for more than three years, starting one’s own company is still a dream for many Koreans. So what do these companies seek when hiring employees to share their vision with? In a recent government study, 77.7 percent of [...]
SEOUL, Dec. 16 (Korea Bizwire) – South Korea said Friday that it will issue multiple entry visas for Chinese travelers who buy expensive vacation packages, the latest in a series of Seoul’s attempts to attract rich Chinese tourists. The government said Chinese — who purchase a travel package worth more than 3 million won (US$2,500) [...]