SEOUL, Dec. 22 (Korea Bizwire) – Kakao released on December 22 a list of the most searched keywords from January through November on its Daum portal in the categories of news, personalities and media. In news, “19th election”, “Park Geun-hye impeachment”, “Kim Joo-hyuk death”, “Pohang earthquake” and “cryptocurrency” were the most searched in order from [...]
SEOUL, Dec. 22 (Korea Bizwire) — The president of BlackBerry Mobile expressed confidence on Friday that his company can grab South Korean consumers with the BlackBerry KEYOne Black Edition, but it remains unclear whether the entry-level premium smartphone can make a dent in a country dominated by Samsung Electronics and Apple Inc. Alain Lejeune said [...]
SEOUL, Dec. 22 (Korea Bizwire) — Hanwha Q CELLS, the solar power business unit of Hanwha Group, said Friday it will build a 1 gigawatt solar power plant in Turkey by 2018 to supply electricity to the country. In March, Hanwha Q CELLS won a deal from the Ministry of Energy and National Resources in [...]
SEOUL, Dec. 22 (Korea Bizwire) – The Samsung Fashion Institute (SFI) announced the results of its review of the 10 major issues that impacted the fashion industry this year and its future outlook for next year on December 21. The conclusion was that 2017 was a year to forget, as the anti-nuclear power plant movement [...]
SEOUL, Dec. 22 (Korea Bizwire) — SsangYong Motor Co. said Friday it will resume exporting its vehicles to Sudan after eight years as the United States has lifted sanctions on the African country. SsangYong Motor plans to ship 2,400 units of models such as the Korando Sport sport-utility vehicle and the Korando Turismo van to [...]
SEOUL, Dec. 22 (Korea Bizwire) — South Korea’s central bank said Friday that it has selected 12 banks, including six foreign banks, as the lenders responsible for setting prices for direct won-yuan transactions. The Bank of Korea said the lenders will also be charged with taking the lead in providing liquidity to the market. The [...]
SEJONG, Dec. 22 (Korea Bizwire) – Corporate retirement pension funds managed by South Korea’s financial institutions topped 145 trillion won (US$134 billion) last year, more than a decade after the country introduced the scheme, government data showed Friday. The scheme introduced in 2005 aims to help fund retirees’ severance payments. Companies and employees make contributions [...]
SEOUL, Dec. 21 (Korea Bizwire) – Besides advertisements, rooftop signs on taxis in the South Korean city of Daejeon will display location-sensitive missing person notices. According to the Ministry of the Interior and Safety, 200 privately owned taxis have since June replaced their rooftop signs with LCD screens on which a stream of ads were [...]
JEJU, Dec. 21 (Korea Bizwire) – The lowest groundwater levels measured in Jeju since such efforts began in 2003 have caused uneasy voices to call for concerted conservation efforts. Authorities from South Korea’s only island province announced the findings on December 21 after perusing groundwater data derived from the 68 monitoring wells installed throughout Jeju. [...]
SEOUL, Dec. 21 (Korea Bizwire) – Amidst reports that prices of local accommodations are skyrocketing, South Koreans will now have the option of making a day trip to the Winter Games for a mere 33,000 won thanks to special Olympics ticket deals announced by South Korea’s railroad operator. The tickets, called the “Pyeongchang 2018 Winter [...]