BUSAN, March 17 (Korea Bizwire) – The first film shoot for Marvel’s upcoming superhero film Black Panther began on Friday in Busan, South Korea’s largest port city, with hundreds of local film students (or former students) participating as staff or assistant staff members in this rare Hollywood experience. Some 450 students and graduates applied for the shoots [...]
SEOUL, March 17 (Korea Bizwire) – Renault Samsung Motors is launching its two-seat (or single-seat) electric vehicle Twizy in June, pledging to sell 1,000 units by the end of the year. First unveiled as a concept car in 2009, the vehicle has a single-charge travel distance of 100 kilometers and a maximum speed of 80 [...]
SEOUL, March 17 (Korea Bizwire) – Nearly half of South Korea’s working moms quit their jobs within a year of taking childcare leave, a report said Friday. The high proportion of early retirement by women is attributed to discrimination at the workplace and long work hours, the report by the Korea Institute for Health and [...]
SEOUL, March 17 (Korea Bizwire) – South Korea has stepped up efforts to overhaul its dependence on China for its tourism trade by shifting the focus to other Asian countries to cope with the fallouts triggered by the stationing of an advanced U.S. missile defense system here, sources said Friday. The country’s tourism is bearing [...]
SEOUL, March 17 (Korea Bizwire) – U.S. Secretary of State Rex Tillerson began his two-day trip to South Korea on Friday, which is expected to focus on discussing ways to strengthen the bilateral alliance and fend off the growing threats from North Korea. Tillerson arrived at Osan Air Base in Pyeongtaek, 70 kilometers south of [...]
SEOUL, March 17 (Korea Bizwire) – An international consortium led by major South Korean builder SK E&C has inked a deal to build the world’s longest suspension bridge in Turkey, government officials in Seoul said Friday. The deal, said to be worth some US$3 billion, was signed in Ankara on Thursday, according to officials from [...]
SEOUL, March 17 (Korea Bizwire) – GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., will recall over 66,000 cars sold here for engine and software issues that will also lead to over 1 billion won in penalties, the transportation ministry said Friday. The Next Spark minicar was found to have [...]
SEOUL, March 16 (Korea Bizwire) – A Seoul court on Thursday ordered a Japanese company to compensate a South Korean for forced work during Japan’s colonial rule. In the latest legal victory for wartime forced laborers, the Seoul Central District Court ruled in favor of Lee Chun-myeon, 86, who filed the case against Nichi-Fujikoshi Corp. [...]
SEJONG, March 16 (Korea Bizwire) – South Korea will inject a fresh 26.2 billion won (US$23.1 million) worth of greenhouse gas emissions rights in the trading market this month as part of its efforts to foster the local carbon trading system, the finance ministry here said Thursday. A government panel chaired by Vice Finance Minister [...]
SEOUL, March 16 (Korea Bizwire) – The Seoul Metropolitan Government announced Wednesday that it had established 188,000 square meters of green space in the city in the five years since 2012 – roughly the size of 264 soccer fields. There are now 2,278 green spaces including public parks in Seoul, covering almost one fourth of [...]