SEOUL, Feb. 27 (Korea Bizwire) – Despite South Korea’s high youth unemployment, local smaller firms are struggling to hire new workers as young job seekers prefer higher-paying jobs at big businesses, financial firms and state-run companies, data showed Monday. According to a survey conducted by the Korea Small Business Institute in 2015, more than 80 [...]
SEOUL, Feb. 27 (Korea Bizwire) – Young owner members of major South Korean pharmaceutical manufacturers, such as sons and grandsons of company founders, are on the fast track to management positions, industry sources said Monday. Lim Jong-hoon, third son of Hanmi Pharmaceutical Chairman Lim Sung-ki, is set to be registered as a member of the [...]
SEOUL, Feb. 27 (Korea Bizwire) – South Korea’s per capita rice consumption is forecast to hit a new low in 2017 due to people’s changing eating habits, a report showed Monday. The average annual consumption of rice per person is likely to reach 59.6 kilograms this year, compared with 61.9 kg a year earlier, according [...]
BUSAN, Feb. 24 (Korea Bizwire) – Wave Gliders, self-serving unmanned drones for underwater research, are being deployed to South Korea’s East Sea, around Ulleungdo and Dokdo islands. According to the Korea Hydrographic and Oceanographic Administration, the unmanned surface vehicles, equipped with autonomous navigation systems, will be in service for the next five years starting in [...]
GWANGJU, Feb. 24 (Korea Bizwire) – Shinhan Air is introducing Korea’s first airplane tour Saturday, with departures from Yeosu Airport for a view of the Dadohae waters that are part of the Dadohae Haesang National Park. Operating a Cessna Caravan 208B, Shinhan will offer ten tour sessions daily, each lasting roughly 30 minutes, for 59,000 won [...]
CHEONGJU, South Korea, Feb. 24 (Korea Bizwire) – The commencement ceremony for the 65th class of the Korea Air Force Academy was held in Cheongju on Friday, attended by 155 air force graduates, including 14 female students, and four overseas cadets from Thailand, Mongolia, Vietnam, and Algeria. The ceremony was highlighted by an air show [...]
KUALA LUMPUR/SEOUL, Feb. 24 (Korea Bizwire) – The half-brother of North Korean leader Kim Jong-un was killed with a banned chemical weapons agent, Malaysian police said Friday. Traces of the lethal VX nerve agent were found on the North Korean’s face and eyes, according to a preliminary assessment released by the Chemistry Department of Malaysia, [...]
SEOUL, Feb. 24 (Korea Bizwire) – Starbucks Korea is killing two birds with one stone – improving sales by making customers happier. According to the coffeemaker Thursday, the number of participants on its mobile survey platform “My Starbucks Review” has exceeded one million. Surveys are offered to Starbucks members who use Siren Order – ordering [...]
SEOUL, Feb. 24 (Korea Bizwire) – Despite the public skepticism, the government is serious about its plan to implement a ‘Family Day’ to promote domestic consumption. In a meeting chaired by acting president Hwang Kyo-ahn on Thursday, the government announced that it will designate one Friday a month as a “Day with Family,” on which [...]
SEOUL, Feb. 24 (Korea Bizwire) – A Seoul court on Friday held the first hearing on a compensation suit filed by hundreds of South Korean customers against German carmaker Volkswagen over vehicles with manipulated emissions data. During the hearing held at the Seoul Central District Court, a total of 259 plaintiffs demanded the cancellation of [...]