SEOUL, Jan. 16 (Korea Bizwire)– South Korea imported US$25 billion worth of food last year, with the biggest shipment in monetary terms coming from the United States, according to the Ministry of Food and Drug Safety on Tuesday. The total is a 7 percent increase from the year before and breaks down to 18.29 million [...]
SEOUL, Jan. 16 (Korea Bizwire) — Hite Jinro Co., South Korea’s leading liquor manufacturer, said Tuesday it has established a new branch in Vietnam, as it attempts to tap deeper into the large Southeast Asian market. The launch of the new branch in Ho Chi Minh City came two years after the company set up [...]
SEOUL, Jan. 16 (Korea Bizwire) — Two reality programs, created by producer Na Young-seok, have taken the top two spots on the weekly TV ratings chart, data showed Tuesday. “Kang’s Kitchen” and “Youn’s Kitchen 2,” both on cable channel tvN, garnered scores of 257.7 and 243.0, respectively, on the Content Power Index (CPI) for Jan. [...]
SEOUL, Jan. 16 (Korea Bizwire) — Despite South Korea’s seven-figure userbase for cryptocurrency apps, a relatively small surge in domestic users of Hong Kong service Binance in the past week has industry watchers wondering whether local investors, increasingly hemmed in by government regulations, will begin an exodus towards foreign exchanges. According to app research firm [...]
SEOUL, Jan. 16 (Korea Bizwire) – An analysis of the dietary history of South Koreans reveals an excessive intake of sugary drinks and processed meats and too little consumption of nuts, milk and vegetables. On January 15 the Korea Centers for Disease Control and Prevention (KCDC) published the results of a study into the diets [...]
SEOUL, Jan. 16 (Korea Bizwire) – A “taxi lease” system currently being deliberated on by Seoul city officials is drawing conflicting opinions from within the taxi industry, with some in support and others adamantly opposed. Under the taxi lease system, cab drivers will make lease payments to the taxi company for their taxi license and [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s science ministry said Monday it will invest 86.6 billion won (US$81.5 million) this year to develop climate-related technologies to curb carbon gas emissions. The Ministry of Science and ICT said it designated two new sectors in 2018 to secure related technologies to better combat climate change. The [...]
SEOUL, Jan. 15 (Korea Bizwire) — Women who work have a greater chance of miscarrying, with the annual rate at 23 percent, data showed Monday. According to a team of researchers led by Kim Eun-Ah from the Korea Occupational Safety and Health Agency, the miscarriage numbers for working women were 3.9 percentage points higher than [...]
SEOUL, Jan. 15 (Korea Bizwire) — Singer BoA collaborated with Grammy-winning singer-songwriter Siedah Garrett on a remake of a Michael Jackson song, her management agency said Monday. S.M. Entertainment said the Korean singer worked with the U.S. artist to sing “Man in the Mirror,” recorded by the late pop legend and written by Garret and [...]
LOS ANGELES, Jan. 15 (Korea Bizwire) – On the outskirts of Los Angeles sits a white, rather nondescript building that is Samsung Electronics’ Audio Lab, an R&D center dedicated to fine-tuning the South Korean tech giant’s speakers into the world’s best. Though on January 12, there were a mere 23 employees found working in the [...]