SEOUL, Dec. 30 (Korea Bizwire) — South Korea said Wednesday it will spend 150.1 billion won (US$137.8 million) on climate and environment-related research next year, up 12.9 percent from this year, to bolster the country’s efforts to become carbon neutral by 2050. The Ministry of Science and ICT said it will invest in 30 new [...]
SEOUL, Dec. 25 (Korea Bizwire) — The Samsung Fashion Institute said Thursday it had selected ‘R.E.S.C.U.E.’ as next year’s fashion market keyword. ‘R.E.S.C.U.E,’ a combination of six phrases, refers to the urgent rescue that the fashion market is in need of. ‘R’ refers to ‘restoration first,’ meaning that the priority of the fashion market is [...]
SEOUL, Dec. 24 (Korea Bizwire) — As social distancing becomes a part of everyday life following the coronavirus outbreak, the landscape of various competitions and championships is changing. The 2020 Chuncheon Marathon, hosted by the Chosun Ilbo newspaper every autumn, was cancelled this year due to COVID-19 pandemic. Instead, a contact-free, virtual marathon took place, [...]
SEOUL, Dec. 23 (Korea Bizwire) — About 73 percent of South Koreans are positive about incoming U.S. President Joe Biden holding a summit with North Korean leader Kim Jong-un either unconditionally or in case of real progress in nuclear negotiations, a survey showed Wednesday. According to the poll conducted by the state-run Korea Institute for [...]
SEOUL, Dec. 23 (Korea Bizwire) — Baek Soo-bin, 28, was all set to finally reunite with her friends for a year-end party after a series of canceled dinners and get-togethers amid toughened coronavirus social distancing rules. But instead of visiting a fancy bar or restaurant, Baek was at her home in Paju, north of Seoul, [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korean investors have picked Tesla and Apple as the most popular foreign stocks to pass on to their children. Major South Korean brokerage house Samsung Securities Co. held an online conference on Saturday through its official YouTube channel and carried out a survey with a group of local [...]
SEOUL, Dec. 18 (Korea Bizwire) — A recent study showed that spending more time watching YouTube as a way of killing time during the coronavirus era results in a higher sense of helplessness and loneliness. A research team from the Kookmin University School of Communication conducted a survey of 149 college students and how they [...]
SEOUL, Dec. 18 (Korea Bizwire) — The outbreak of the COVID-19 pandemic that swept across the globe in 2020 is expected to lead to the advent of the so-called ‘Alpha Era.’ South Korean advertising agency Innocean Worldwide Inc. said in its latest report that it identified four noteworthy trend categories – individual, organization, place and [...]
SEOUL, Dec. 15 (Korea Bizwire) — U.S. Ambassador to South Korea Harry Harris learned how to make kimchi from a renowned chef Tuesday, calling the fermented cabbage dish “uniquely Korean, world-renowned food.” The kimchi-making event at the Habib House, the ambassador’s official residence in Seoul, came amid Chinese media’s claim that Beijing led the development [...]
SEOUL, Dec. 11 (Korea Bizwire) — Overseas inquiries about South Korean movies have been on the rise thanks to the Oscar-winning Korean film “Parasite,” the national film archive said during a forum in Seoul. The Korean Film Archive (KFA) has produced DVDs of major Korean films, ranging from the early years of the 1950s to [...]