SEOUL, May 2 (Korea Bizwire) – Only a third of unwed men and women think that marriage is a must, and for some, the cost of dating is a waste of money, a survey showed Tuesday. Duo, a leading matchmaking company, polled 1,000 single men and women last year and found that 33 percent believed [...]
SEOUL, May 2 (Korea Bizwire) – South Korean children and adolescents are suffering from a high prevalence of severe obesity, which could sharply increase the risk of developing metabolic syndrome, a report said Tuesday. A survey of 19,593 South Koreans aged 2 to 19 showed that 2 to 3 in every 100 have severe obesity, [...]
SEOUL, May 2 (Korea Bizwire) – Sales of beer in South Korea are posting robust growth this year, largely backed by strong demand for imported beers, as consumers prefer to have light drinks over a meal instead of heavy liquor, industry sources said Tuesday. According to data by E-Mart, the country’s largest discount outlet chain [...]
ROME, May 2 (Korea Bizwire) – A team of Italian experts has succeeded in the restoration of a globe at a museum dedicated to Pope John XXIII by using the Korean traditional paper “hanji” after one year of work, the South Korean consulate general in Milan said Sunday. The team, led by art conservationist Nella [...]
SEOUL, May 2 (Korea Bizwire) – Sales numbers of vehicles produced overseas and sold here by local manufacturers shrank greatly in the first quarter of the year from a year earlier, data showed Thursday, apparently due to advances by local competitors. Sales of the so-called OEM cars came to 3,171 units in the January-March period, [...]
SEJONG, May 2 (Korea Bizwire) – Four companies including KT&G Corp., South Korea’s largest tobacco manufacturer, have been included on the antitrust watch list as large business groups, with its mutual investments and loan guarantees to be restricted, the watchdog said Monday. Every year the Fair Trade Commission (FTC) announces a newly updated list of [...]
SEOUL, April 28 (Korea Bizwire) – The decline of the retail industry – that is, the brick-and-mortar portion of the market – is no secret. In the U.S., major retailers have shuttered hundreds of stores over the past decade, including Sears and Kmart, which saw their numbers drop from some 3,800 to 1,430 stores over [...]
SUWON, South Korea, April 28 (Korea Bizwire) – An elderly from Daejeon in his 70s is being investigated by the police for collecting presidential election brochures and flyers from a local apartment complex. The suspect, whose identity was withheld, testified that he (or she) took four envelopes from mailboxes and 11 from the floor. “I [...]
SEOUL, April 28 (Korea Bizwire) – Eric Thames’ triumphant return to MLB has shed new light on the KBO (Korea Baseball Organization) League and players from overseas. Now a first baseman for the Milwaukee Brewers, Thames has batted 11 home runs with a .370 BA, .904 SLG, and an OPS of 1.393 in the Major [...]
SEOUL, April 28 (Korea Bizwire) – The United States plans to deploy its “strategic” weapons in South Korea on a regular basis in order to thwart North Korea’s threats under an agreement between the allies, Seoul’s defense ministry said Friday. The two sides agreed to push for “measures available in all aspects including the regular [...]