SEOUL, April 17 (Korea Bizwire) – Moon Jae-in – the presidential candidate for the Democratic Party of Korea and the current front-runner, tailed closely by Ahn Cheol-soo (People’s Party) – introduced five key commitments to South Korea’s animal companions as part of his platform if elected as the next president. According to a press release [...]
SUWON, South Korea, April 17 (Korea Bizwire) – The kt wiz baseball team announced Sunday it will offer free fine dust masks to fans visiting its home stadium in Suwon throughout the rest of the 2017 KBO season, amid rising health concerns over air quality in Korea. Thousands of free masks will be available at [...]
SEOUL, April 17 (Korea Bizwire) – British rock band Coldplay paid tribute to the victims of the Sewol ferry tragedy, South Korea’s worst maritime disaster to-date, during its recent Seoul concert, according to the concert organizer Monday. In its Sunday concert at Jamsil Stadium in Seoul, the band paused during the middle of performing “Yellow,” [...]
SEOUL, April 17 (Korea Bizwire) – High income earners smoke less than those who earn less, a survey showed Monday, as South Korea’s smoking trends start to mirror those of more advanced countries where smoking rates continue to fall. There are more smokers among low income earners while those that make more money are less [...]
SEOUL, April 17 (Korea Bizwire) – South Korea’s advertising market reached 14.7 trillion won (US$12.95 billion) last year, with more than 70 percent of it dominated by the top three firms, an industry study showed Monday. Last year’s market size is 8.1 percentage points bigger than the previous year’s 13.7 trillion won, according to the [...]
SEOUL, April 17 (Korea Bizwire) – The official electioneering period for the country’s upcoming presidential election began Monday with 15 hopefuls vying for the top elected office. The 22-day campaign period will end one day before the May 9 election, according to the National Election Commission. A total of 15 candidates registered to run for [...]
SEOUL, April 17 (Korea Bizwire) – The main bondholder of Daewoo Shipbuilding & Marine Engineering Co. on Monday agreed to the voluntary debt rescheduling measures proposed by the state-run Korea Development Bank (KDB). The National Pension Service Investment Management said it held a meeting of its investment committee and accepted measures to keep afloat the [...]
SEOUL, April 16 (Korea Bizwire) – Addiction to smartphones has reached “serious” levels for young South Korean women, with singles being more susceptible to problems, state data showed Sunday. According to the Ministry of Health and Welfare that checked 5,102 adults over 18 from July through December of 2016, 24.5 percent of women between 18 [...]
SEOUL, April 16 (Korea Bizwire) – South Korea ranked 24th among 28 Organization for Economic Cooperation and Development (OECD) member countries in terms of the state growth sustainability index, a local think tank said Sunday. The Hyundai Research Institute has developed its own index to measure each state’s sustainable growth levels. South Korea scored 0.443, [...]
SEOUL, April 14 (Korea Bizwire) – Crowdfunding was a rather alien concept in South Korea up until 2015, when a revision to the Capital Market Act was passed by the National Assembly, paving the way for a practice called equity crowdfunding. Unlike reward-based crowdfunding, which compensates sponsors with different prizes, equity crowdfunding allows the investor [...]