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BTS Fans Donate to Foundation for Comfort Women

BTS Fans Donate to Foundation for Comfort Women

SEOUL, Nov. 16 (Korea Bizwire) — Fans of Korean boy band sensation BTS have started making donations to comfort women victims from the Japanese colonial era. According to the “House of Sharing” in Gwangju, Gyeonggi Province, over 130 separate donations totaling 3.5 million won have been wired to the foundation’s bank account since November 8, [...]

Long-standing Korea-Japan Tension Behind BTS T-Shirt Controversy

Long-standing Korea-Japan Tension Behind BTS T-Shirt Controversy

SEOUL, Nov. 13 (Korea Bizwire) — The cancellation of superstar K-Pop group BTS’s appearance on a Japanese television show is an allusion to an awkward relationship between South Korea and Japan. When Japan’s TV Asahi cancelled BTS’ appearance and blamed it on the ‘liberation’ t-shirt that BTS member Jimin was seen wearing in the past, [...]

1 in 3 Seoulites Feel They Are “Extremely Isolated”

1 in 3 Seoulites Feel They Are “Extremely Isolated”

SEOUL, Nov. 13 (Korea Bizwire) — A new survey has found that 1 out of 3 Seoulites perceive themselves as living in extreme isolation from society. According to an online survey conducted by the Seoul Metropolitan Government between October 1 and 15, 28.8 percent of 1,000 Seoul residents (288 individuals) between the ages of 20 [...]

Netflix Executive Raves About the Importance of the Korean Market

Netflix Executive Raves About the Importance of the Korean Market

SEOUL, Nov. 9 (Korea Bizwire) — Currently in Singapore to attend an event being held at the famed Marina Bay Sands hotel, Netflix COO Ted Sarandos spoke of the movie that first sparked interest in the Korean market. “The first original film that Netflix invested in was Bong Joon-ho’s 2017 flick, ‘Okja’,” said Sarandos. Although [...]

Mercedes-Benz Executive Sees Korea as Future “Hot Spot” for Smart Car Research

Mercedes-Benz Executive Sees Korea as Future “Hot Spot” for Smart Car Research

SEOUL, Nov. 8 (Korea Bizwire) — Markus Schaefer, the head of production planning at Mercedes-Benz, predicted that South Korea is on the path to becoming a “hot spot” for future car-related fields such as telematics, navigation systems, and connected cars, adding that the German automaker would be working closely with the nation in these key [...]

Successful Cooperation Profit Sharing Relies on Participation of Large Corporations

Successful Cooperation Profit Sharing Relies on Participation of Large Corporations

SEOUL, Nov. 7 (Korea Bizwire) — The South Korean government is striving to come up with alternative profit-sharing schemes between large corporations and small-and-medium-sized companies with the intention of promoting a more horizontal relationship between them. The government is also looking to implement a coexistence model where both large corporations and SMCs can achieve a win-win [...]

Seoul Bans Diesel Cars to Combat Fine Dust

Seoul Bans Diesel Cars to Combat Fine Dust

SEOUL, Nov. 7 (Korea Bizwire) — Seoul will begin restricting the entry of old diesel cars into the city on days with severe fine dust, starting Wednesday. Seoul announced the emergency measure to cut down fine dust emissions on Tuesday, the sixth time this year. The measure will enter effect when ultrafine dust concentrations reach [...]

S. Korea-Japan Standoffs Deepen over WWII Forced Labor

S. Korea-Japan Standoffs Deepen over WWII Forced Labor

SEOUL, Nov. 7 (Korea Bizwire) — South Korea’s presidential office said Wednesday the leaders of South Korea and Japan are expected to skip summit talks when they attend regional forums later this month amid diplomatic standoffs over a Seoul court’s recent ruling on wartime forced labor. “It appears to be difficult under the current mood,” [...]

Japan Takes a Different Approach to Labor Victims in China Regarding Compensation

Japan Takes a Different Approach to Labor Victims in China Regarding Compensation

SEOUL, Nov. 6 (Korea Bizwire) — Mitsubishi Materials Corp. is reportedly creating a fund to help Chinese victims of forced labor, in sharp contrast to the attitudes revealed by other Japanese companies that similarly forced Koreans into labor during the Japanese colonial period. According to Japanese news agency Kyodo News, Mitsubishi Materials will be creating [...]