GANGNEUNG, South Korea, Dec. 6 (Korea Bizwire) – A new Hanok (traditional house) village will be completed Wednesday near Ojukheon, a major tourist destination in South Korea’s eastern port city of Gangneung. Dubbed the Gangneung Ojuk Hanok Village, it will feature 19 traditional houses with 32 rooms, allowing visitors to experience traditional culture activities, including [...]
JINJU, South Korea, Dec. 6 (Korea Bizwire) – Three weeks have passed since the first detection of the H5N6 avian influenza virus in South Korea, but officials are still struggling to contain the outbreak. Over 4.4 million poultry had been culled as of Tuesday morning, according to the Ministry of Agriculture, Food and Rural Affairs, [...]
SEOUL, Dec. 6 (Korea Bizwire) – South Korea’s Shinhan Bank said its Indonesian unit, Bank Shinhan Indonesia (BSI), has completed a merger with another Indonesian bank in the latest move to seek a new growth engine in the world’s fourth most populous country. BSI won an approval from the Indonesian financial authorities for its plan [...]
SEOUL, Dec. 6 (Korea Bizwire) – A group of 5,000 South Koreans on Tuesday filed a suit demanding President Park Geun-hye compensate them for the mental suffering she caused over the ongoing influence-peddling scandal. The plaintiffs together filed the suit with the Seoul Central District Court, seeking 500,000 won (US$427) each in compensation. Attorney Kwak [...]
SEOUL, Dec. 6 (Korea Bizwire) – Lee Jae-yong, vice chairman of Samsung Electronics and the heir-apparent of Samsung Group, appeared Tuesday at a parliamentary hearing into the involvement of Korean conglomerates in the corruption and influence-peddling scandal surrounding President Park Geun-hye and her confidante Choi Soon-sil. Lee was one of eight Korean business tycoons (chiefs [...]
SEOUL, Dec. 6 (Korea Bizwire) – Starbucks Coffee Korea has become the first coffeemaker to introduce digital receipts, according to a company statement on Monday. According to Starbucks, the new program will be offered to its My Starbucks Rewards members, who will be issued digital receipts instead of paper ones when they place their orders [...]
SEOUL, Dec. 6 (Korea Bizwire) – The road to employment is more arduous than ever for young South Koreans with the country’s youth unemployment rate (aged 15 to 29) reaching record levels, naturally leading to more companies hiring older workers for entry level positions. According to recruitment web portal Saramin, 84.9 percent of 649 surveyed [...]
SEOUL, Dec. 6 (Korea Bizwire) – Prospective job seekers hoping to land a job with Sempio, a local food manufacturer, will now have to practice their chopsticks skills. The company announced Monday that it will implement job test that evaluates applicants’ chopsticks skills starting in December. Interviewers will observe the use of chopsticks with the [...]
SEOUL, Dec. 6 (Korea Bizwire) – After weeks of hopes and doubts, Gachon University’s Gil Hospital finally launched its AI-based super computer Watson for Oncology on Monday, and marked Korea’s first diagnosis of a cancer patient by a non-human expert. Watson, developed by IBM, sweeps through data of 290 medical journals, 200 medical text books, [...]
SEJONG, Dec. 6 (Korea Bizwire) – South Korea will spend a total of 500 billion won (US$428 million) in the coming three years to foster the rapidly growing drone industry as a new growth engine for Asia’s fourth-largest economy, the trade ministry here said Tuesday. “The drone technology generates massive ripple effects on conventional industries, [...]