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Pushkin Monument in Central Seoul Serving as Symbol of Korea-Russia Ties

Pushkin Monument in Central Seoul Serving as Symbol of Korea-Russia Ties

SEOUL, June 7 (Korea Bizwire) – A monument of one of Russia’s most beloved poets, Alexander Sergeyevich Pushkin, was erected in front of Lotte Hotel Seoul in November 2013, an initiative of Korea-Russia Dialogue, a non-government group promoting binational exchanges.  The site was offered by Lotte, which had been running multiple businesses in Russia since [...]

Electric Vehicles Expected to Have Lower Insurance Rates in South Korea

Electric Vehicles Expected to Have Lower Insurance Rates in South Korea

SEOUL, June 7 (Korea Bizwire) – With the Korea Insurance Development Institute due to reveal its reference net premium rates for electric cars by the end of June, industry watchers are speculating that premiums for EVs will be some 10 percent lower than gasoline or diesel-powered vehicles.  The reference premium rate will be based on [...]

Gov’t to Take More Responsibility for Dementia Patients

Gov’t to Take More Responsibility for Dementia Patients

SEOUL, June 7 (Korea Bizwire) – The new state program for dementia patients proposed by President Moon Jae-in is expected to affect some hundreds of thousands of patients suffering from memory loss and their families in the country, experts said Wednesday.  During the presidential campaign, Moon had stressed that the government should take more responsibility [...]

T.O.P’s Mother Disputes Police Account, Says Singer Was in Much Worse Condition

T.O.P’s Mother Disputes Police Account, Says Singer Was in Much Worse Condition

SEOUL, June 7 (Korea Bizwire) – The family of T.O.P, a member of South Korean boy band BIGBANG who was hospitalized for an apparent drug overdose, on Wednesday disputed an earlier police account of the singer’s health, claiming he was in much worse condition.  “The condition of my son is quite bad. It’s been misreported [...]

S. Koreans Heading to Philippines Drop amid Military Rule, Shooting Attack

S. Koreans Heading to Philippines Drop amid Military Rule, Shooting Attack

SEOUL, June 7 (Korea Bizwire) – The number of South Koreans visiting the Philippines shrank following the imposition of martial law in the Southeast Asian country’s southern region and the recent shooting in Manila, industry sources said Wednesday.  Some 400 people have canceled their trips to the Philippines since May 25 at a Seoul-based travel [...]