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Samsung Leader in Chains

Samsung Leader in Chains

SEOUL, Feb. 22 (Korea Bizwire) – Lee Jae-yong, Samsung’s de facto leader, again showed up in handcuffs (covered with cloth) at the special prosecution’s office in Gangnam, Wednesday afternoon, for the third interrogation session since his arrest on February 17.  South Korea’s third richest man (Forbes, 2016), after his father Lee Kun-hee and AmorePacific chairman [...]

Singapore Airlines Introduces Korean Food from Two-Star Michelin Chef

Singapore Airlines Introduces Korean Food from Two-Star Michelin Chef

SEOUL, Feb. 21 (Korea Bizwire) – Singapore Airlines said Monday that it is partnering with Yim Jung-sik, a two-star Michelin chef, to introduce Korean food (hansik) on Singapore-Incheon flights starting in March.  Economy class travelers will have bibimbap added to their meal choices, while business class passengers will be served grilled tuna bibimbap or Korean-style [...]

Former U.S. Military Base Site Transformed into University Mega-Hospital

Former U.S. Military Base Site Transformed into University Mega-Hospital

UIJEONGBU, South Korea, Feb. 17 (Korea Bizwire) – The former site of Camp Essayons, located in Uijeongbu, north of Seoul, will be replaced by a mega-hospital and a new campus for Eulji University, with a 650-billion-won ($570 million) investment from the Eulji Foundation.  This, according to officials, marks the first instance in which private investment [...]

Military Might Use Loudspeakers to Broadcast News of Kim Jong-Nam’s Assassination

Military Might Use Loudspeakers to Broadcast News of Kim Jong-Nam’s Assassination

SEOUL, Feb. 16 (Korea Bizwire) – The South Korean military has refuted claims that it will use loudspeakers at the Demilitarized Zone to broadcast news of the assassination of Kim Jong-nam, current North Korean leader Kim Jong-il’s half-brother, but it certainly may consider the option.  In response to news reports that the South Korean military [...]

U.S. Navy Ship Makes Port in Busan amid Tension with North Korea

U.S. Navy Ship Makes Port in Busan amid Tension with North Korea

BUSAN, Feb. 15 (Korea Bizwire) – A military source confirmed Wednesday that the USNS Howard O. Lorenzen – capable of tracking and monitoring ballistic missiles – is currently stationed in Busan, South Korea’s largest port, amid recent threats from North Korea that have been raising international concern.  The 12,845-ton vessel went into operation in 2014, [...]

Jeju Opens Two Walking Trails in Mongolia

Jeju Opens Two Walking Trails in Mongolia

JEJU, Feb. 13 (Korea Bizwire) – The Jeju Tourism Organization, in coordination with local tourism bodies in Ulaanbaatar, Mongolia, is opening two “Mongolian Olle Trail” routes in June, inspired by the famous Jeju Olle Trail on the South Korean island.  The first route, stretching 14.5 kilometers in distance, starts at (and returns to) a village [...]

Street Sweeper EVs Introduced in Sejong

Street Sweeper EVs Introduced in Sejong

SEJONG, Feb. 7 (Korea Bizwire) – Sejong, the de facto administrative capital of South Korea, introduced a new set of street sweepers that will be responsible for cleaning its streets, running on electric power instead of diesel.  The vehicles, developed by RETECH, can operate for eight hours after four hours of charging, and are noise [...]