SEOUL, April 3 (Korea Bizwire) — With reading declining among South Korean adults, that a creative arrangement between neighborhood bookstores and Munhakdongne Publishing Group is yielding strong book sales should be encouraging news for book printers and sellers alike. An editor for Munhakdongne told Yonhap News yesterday, “Despite this being our first try, our stock [...]
WONJU, April 3 (Korea Bizwire) — South Korea’s largest suspension bridge, 1.5 meters wide and 200 meters long, has been a favorite of hikers at Sogeum Mountain in Wonju ever since it opened in January. As of March 31, 625,361 individuals had walked across the suspension bridge. Encouraged by the success of the suspension bridge, [...]
SEOUL, April 3 (Korea Bizwire) — The English version of South Korean author Han Kang’s “The Vegetarian”, winner of the Man Booker International Prize in 2016, has once again come under criticism for its many translation errors, this time in the form of a paper authored by esteemed translator Kim Dong-wook published in the 100th [...]
SEOUL, April 3 (Korea Bizwire) — Despite investment from venture capital firms growing every year, unimpressive results by the invested entities and excessive liquidity has analysts warning that steps to prepare for a potential bubble should be taken. Venture capital investment in new firms reached a peak last year, increasing by 10.7 percent year-on-year, according [...]
SEOUL, April 3 (Korea Bizwire) — A country that takes education very seriously and also boasts leading technological prowess, South Korea is bringing modern tools and cutting edge technology into classrooms to prepare its youth for the Fourth Industrial Revolution. According to the Ministry of Education, starting this year, children in the third and fourth [...]
SEOUL, April 2 (Korea Bizwire) — South Korea set up a three-year plan to support North Korean defectors on Monday, including measures to help them secure stable jobs. The unification ministry said it approved a seven-point 2018-2020 plan to help refugees better adapt to South Korea. The plan seeks to provide stable jobs, help young [...]
SEOUL, April 2 (Korea Bizwire) — South Korean tennis player Chung Hyeon has cracked the top 20 in the men’s world rankings for the first time. Chung climbed four spots to a new career-high No. 19 in the latest ATP Tour’s singles rankings released on Monday. Chung is the fourth Asian man to rank among [...]
SEOUL, April 2 (Korea Bizwire) — South Korea has officially designated taekwondo as its national martial art. The National Assembly on Friday passed a revised act on taekwondo promotion, which states that the sport is the South Korean national martial art. The amendment bill was signed by 225 lawmakers led by the Bareunmirae Party’s Lee [...]
SEOUL, April 2 (Korea Bizwire) — Japan has been a beneficiary of the strained national ties between South Korea and China over the installation of a U.S. defense missile system (THAAD), with South Korean tourists more inclined to spend their days off in the island nation rather than an unfriendly China. From January until February, [...]
SEOUL, April 2 (Korea Bizwire) — The middle-aged are the most satisfied with their income out of any age group, while young adults (19 to 29) are most content with their consumer life, according to 2017 figures on South Korean social trends from Statistics Korea. On the whole, income dissatisfaction was more prevalent than the [...]