SEOUL, Jan. 12 (Korea Bizwire) – Performance hall? Movie Theater? Why not both? The result of such musings is “Airflix”, a new-concept theater that is the product of the modern milieu that seeks to hack away at unseen inefficiencies everywhere. Calling itself a “shared economy movie theater platform”, the first location at performance hall Platform-L [...]
SEOUL, Jan. 11 (Korea Bizwire) – Before an assembly of 250 domestic and foreign media personnel, President Moon Jae-in expounded upon his vision for South Korea’s 2018 on January 10. Moon’s New Year’s address was both populist and pacifist; the president emphasized improving the quality of life for the average citizen and reaffirmed his dedication [...]
SEOUL, Jan. 11 (Korea Bizwire) – Deputy Minister for Trade Kang Sung-chun left for the United States yesterday as South Korea looks to make one last push to encourage its second-largest trading partner to back off from imposing tariffs on solar panels and washing machines. Though fingers are crossed, the general mood is pessimistic, with [...]
HWACHEON, Jan. 11 (Korea Bizwire) – Santa Claus is coming to the ice fishing festival in Hwacheon, all the way from his “official” hometown of Rovaniemi in Finland. According to Hwacheon County officials, the mythic figure has graciously accepted their invitation, and has agreed to make a string of appearances from January 12 through 14. [...]
SEOUL, Jan. 11 (Korea Bizwire) – In what could be the first domino to fall in a sweeping investigation into all things cryptocurrency, Coinone, one of the top three exchanges in the country, is currently the subject of a police investigation. With fellow exchange Bithumb also falling under the crosshairs of the National Tax Service, [...]
SEOUL, Jan. 4 (Korea Bizwire) — The local fantasy blockbuster “Along With the Gods: The Two Worlds” surpassed 10 million in attendance Thursday, becoming the 16th Korean film ever to reach the milestone, its distributor said. Lotte Entertainment said the film had reached a cumulative audience of 10,000,198 as of 12 a.m. Thursday, on the [...]
SEOUL, Jan. 11 (Korea Bizwire) — LG Chem Ltd., South Korea’s top chemicals company, said Thursday that it will concentrate its research on developing new drugs for metabolic diseases and immuno-oncology treatment. LG Chem also said it will speed up the development process for new drugs through its open innovation program, which is designed to [...]
SEOUL, Jan. 11 (Korea Bizwire) — The South Korean government aims to adopt cloud computing services at 180 public organizations in 2018, the ICT ministry said Thursday. According to an annual survey of 1,225 organizations across the country, conducted by the Ministry of the Interior and Safety, 188 public organizations said they plan to adopt [...]
SEOUL, Jan. 11 (Korea Bizwire) — Golden Blue Co. said Thursday its signature brand of the same name ranked No. 1 in the nation’s whisky market last year amid growing popularity of low alcohol whisky among young consumers. A total of 374,609 boxes of Golden Blue, a homegrown whisky, were sold in 2017, accounting for [...]
SEOUL, Jan. 11 (Korea Bizwire) — Gfriend will go on its first Asian tour next month, its management agency said Thursday. According to Source Music, the girl group will begin the tour titled “Season of Gfriend” on Feb. 28 in Taiwan and continue to Thailand, Hong Kong, Singapore and Japan. The band had its first-ever [...]