SEOUL, Dec. 9 (Korea Bizwire) – South Korea’s imports of U.S. beef jumped 47.6 percent on year in the first 10 months of this year, data showed Friday, partly because of a falling demand for pricey Korean beef amid the implementation of an anti-graft law. Imports of foreign beef are expected to further rise after [...]
SEOUL, Dec. 9 (Korea Bizwire) – A dozen angry activists gathered in front of the Grand Hyatt Seoul on Thursday, where a birthday celebration for Japanese Emperor Akihito was hosted by the local Japanese Embassy. Although it is a common annual event for Japanese diplomatic offices overseas to celebrate the occasion (the actual birthday is [...]
SEOUL, Dec. 9 (Korea Bizwire) – Four out of 10 job seekers in their 20s and 30s have prepared for state tests to become a civil servant, a poll showed Friday, a sign that government jobs are popular in South Korea amid growing job insecurity. The leading online job search portal JobKorea said its poll [...]
SEOUL, Dec. 9 (Korea Bizwire) – The global standard for ultra-fast fifth-generation (5G) mobile networks, which is being developed by the International Telecommunication Union (ITU), includes KT Corp.’s homegrown network management technology, the company said Friday. The decision to include KT’s technology in the 5G standard was made at a meeting of the ITU in [...]
SEOUL, Dec. 9 (Korea Bizwire) – The number of public pay phones across the country will be reduced by around 50 percent by 2020, the government said Friday, as most everyone in South Korea owns a cell phone. Between 30,000 and 40,000 public phones will be left across the country by that year, compared with [...]
SEOUL, Dec. 9 (Korea Bizwire) – Some pharmaceutical companies in South Korea chalked up strong sales in the first nine months of this year on the back of their moneymaking subsidiaries, industry sources said Friday. Consolidated sales of Kwangdong Pharmaceutical Co. are expected to exceed the 1 trillion-won mark this year for the first time [...]
DAEJEON, Dec. 9 (Korea Bizwire) – South Korea’s unionized railway workers will end their 74-day-long strike and return to work Friday, while vowing to continue their protest against the implementation of a performance-based pay system. The Korean Railway Workers’ Union said it will end the walkout as of 2 p.m., concluding its longest-ever railway strike [...]
SEOUL, Dec. 8 (Korea Bizwire) – A team of internal medicine experts from Kangbuk Samsung Hospital announced Thursday the results of a recent study, which revealed that being underweight poses a greater risk of death than being overweight or obese, contradicting the common consensus that often suggests otherwise. The study was based on health check-up [...]
SEOUL, Dec. 8 (Korea Bizwire) – Contrary to popular belief, dandruff – dead skin cells from the scalp – is not contagious. The condition is caused by fungal bacteria that are present in almost everyone’s scalp. Yet, there’s no denying the fact that it can be stressful for people who suffer from dandruff more frequently [...]
SEOUL, Dec. 8 (Korea Bizwire) – Language often mirrors the period of time that we live in, and that was particularly true for Korea this year, with a host of newly-coined terms describing the country’s various social affairs. Here are some of the terms that were introduced Thursday by a local English academy, Yoons English [...]