JEONGSEON, South Korea, April 14 (Korea Bizwire) – The number of voluntary bans to the Kangwon Land Casino – the only gambling venue that grants access to locals – is on a rapid rise. As part of the casino’s initiatives to curb gambling addiction, players can request a three-year ban. They can make up to [...]
SEOUL, April 14 (Korea Bizwire) – In an effort to prevent major car accidents resulting from sleepy bus drivers, the Korea Transport Safety Authority (TS) has developed a high-tech driver monitoring system that detects abnormal maneuvers and recognizes heavy eyelids. According to the TS Thursday, the system is comprised of three devices – a face [...]
SEOUL, April 14 (Korea Bizwire) – The government said Friday it will release 6,700 tons of its fisheries stock starting next week to keep prices under control during the fishing prohibition period. The prohibition period began April 1 and will continue to Aug. 11, depending on different types of net fishing. Violators are subject to [...]
SEOUL, April 14 (Korea Bizwire) – Struggling to cope with a sharp drop in Chinese visitors, local tourism organizations have stepped up efforts to release novel tour programs to woo Japanese and Southeast Asian visitors, government and industry sources said Friday. The South Korea tourism and hospitality sectors have been hit by the dearth in [...]
SEOUL, April 14 (Korea Bizwire) – South Korea will build a new terminal at Gimpo International Airport in western Seoul to handle growing travel demand, the transportation ministry said Friday. The Ministry of Land, Infrastructure and Transportation made the decision as it judged the current facilities at Gimpo unable to meet growing travel demand, particularly [...]
SEOUL, April 14 (Korea Bizwire) – SK Group’s chief has shown a strong will to take over the memory division of Japanese tech giant Toshiba Corp., as the group’s chipmaking unit, SK hynix Inc., joined the race for the acquisition. “The bidding for Toshibia that is currently being processed is not binding. Accordingly, the price [...]
SEOUL, April 14 (Korea Bizwire) – South Korea plans to set up a museum on North Korea’s human rights by 2019 to raise public awareness about Pyongyang’s serious human rights violations, government officials said Friday. The envisioned museum is expected to display documents and photos of North Korea’s human rights records and introduce testimonies of [...]
SEOUL, April 13 (Korea Bizwire) – Hyundai Motor Co., South Korea’s dominant carmaker, has unveiled a concept SUV under its Genesis luxury brand at the New York Auto Show. The GV80 fuel-cell concept SUV is the first SUV model revealed by Hyundai Motor, on Wednesday, under the independent Genesis brand. The Genesis lineup is currently [...]
BOEUN, South Korea, April 13 (Korea Bizwire) – On the occasion of the 2,561st celebration of Buddha’s Birthday (May 3), Beopjusa temple is offering a special nighttime experience for visitors and Buddhist apprentices with some 9,000 paper lanterns, including 5,000 solar-powered LED lanterns. The temple will be open to visitors on Fridays and Saturdays starting this [...]
SEOUL, April 13 (Korea Bizwire) – Last year, South Korea’s banking industry saw its employee count drop by 2,248 to 114,775, and 175 bank branches closed down – the biggest drop ever – with the number of ATMs falling to 48,474 from 51,115. The trends are reflective of the inevitable prevalence of internet banking. Bank [...]