SEOUL, May 31 (Korea Bizwire) – The Seoul Metropolitan Government said Tuesday that it is creating 200 jobs exclusively for Chinese-speaking travel interpreters, with China’s travel ban to South Korea still in effect. According to city officials, the application process will run from May 31 until June 15, and the new recruits will serve as [...]
ASAN, South Korea, May 31 (Korea Bizwire) – The South Korean city of Asan has been offering a walking tour of the Rose Village – a cluster of narrow alleys of adult entertainment venues including brothels – in partnership with a local women’s rights counselling center. According to officials, the most recent tours were attended [...]
SEOUL, May 31 (Korea Bizwire) – President Moon Jae-in on Wednesday vowed to build a stronger maritime nation by bolstering its economic and military powers at sea. As part of the efforts, he promised to establish a public corporation to provide financial assistance to the nation’s ailing shipping and shipbuilding industries, and revive their global [...]
SEOUL, May 31 (Korea Bizwire) – SK Innovation Co., South Korea’s top oil refiner, said Wednesday that it plans to spend 10 trillion won (US$8.91 billion) in the battery and other non-refining sectors by 2020 to reshape its business portfolio and nurture new revenue sources. In a regulatory filing, SK Innovation said the investment will [...]
SEOUL, May 31 (Korea Bizwire) – POSCO, South Korea’s biggest steelmaker, suffered a dip in its global standing by coming in as the fifth-largest steel-producing firm, largely due to the merger of two Chinese players, industry data showed Wednesday. The data from the World Steel Association showed the Pohang-based company produced 41.56 million tons of [...]
SEOUL, May 31 (Korea Bizwire) – Creditors of cash-strapped Daewoo Shipbuilding & Marine Engineering Co. are set to inject fresh funds into the embattled shipyard next week, later than earlier scheduled, due to the delay in the debt rescheduling scheme, industry sources said Wednesday. According to the sources, the state-run Korea Development Bank-led creditors are [...]
SEOUL, May 31 (Korea Bizwire) – South Korea’s auto production in the first quarter fell to the lowest level in seven years for the three-month period, data showed Thursday, further threatening its status as a leading car manufacturer. South Korea produced close to 1.05 million vehicles from January through March, down 2.8 percent from the [...]
SEOUL, May 30 (Korea Bizwire) – The number of employees working for local governments has exceeded 300,000 for the first time, topping 303,401 as of end of last year, announced the Ministry of the Interior on Monday. South Korea first adopted regional municipalities in 1995, when local governments hired 277,387 employees. The number of firefighters [...]
CHEONGJU, South Korea, May 30 (Korea Bizwire) – Birds designated in South Korea as natural monuments are suffering injuries, and sometimes death, as more of them choose to live in close proximity to humans. These birds include brown hawk-owls (natural monument 324-3), which pay a visit to the peninsula in May and take off to [...]
GWANGJU, South Korea, May 30 (Korea Bizwire) – The city of Gwangju and the Asia Culture Center is co-hosting the 2017 ACC Gwangju Fringe International from June 2 to 4, featuring 16 domestic and international troupes, spanning the city’s venues and public spaces including the ACC, May 18 Democracy Square, and Geumnam-ro Street. The festival, [...]