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Vietnam Opens Hanoi Airport to S. Korean Business People

Vietnam Opens Hanoi Airport to S. Korean Business People

SEOUL, Aug. 3 (Korea Bizwire) — The Vietnamese government allowed a group of South Korean business people to enter the country through the Hanoi’s main international airport despite its coronavirus entry ban on foreigners, a South Korean business lobby group said Friday. This was the first time that the Vietnamese government opened the capital-based airport [...]

Samsung’s Foundry Biz Expected to Further Grow in H2

Samsung’s Foundry Biz Expected to Further Grow in H2

SEOUL, Aug. 1 (Korea Bizwire) — Samsung Electronics Co. is projected to see further growth in its foundry business in the second half of the year, analysts here said Saturday, with growing expectations for receiving orders from Intel Corp. In its second-quarter earnings announcement, the world’s largest memory chipmaker said its foundry business achieved record [...]

Uniqlo to Close 9 Outlets in S. Korea amid Trade Dispute-caused Boycott

Uniqlo to Close 9 Outlets in S. Korea amid Trade Dispute-caused Boycott

SEOUL, July 31 (Korea Bizwire) — Japanese fashion retailer Uniqlo said Friday it will close nine of its stores in South Korea next month amid a sharp fall in sales stemming from the new coronavirus outbreak and a trade dispute between Seoul and Tokyo. The closure came as online shopping has gained traction amid the [...]

No Joke: Reality TV K-pop Act Rocks Music Scene While Raising Questions of Fairness

No Joke: Reality TV K-pop Act Rocks Music Scene While Raising Questions of Fairness

SEOUL, July 31 (Korea Bizwire) — From its inception, SSAK3, a one-off K-pop team created for MBC TV’s weekend variety show “Hang Out With Yoo,” was intended to be a silly tongue-in-cheek project, riding on the coattails of the retro boom in today’s pop culture landscape. At best, the co-ed trio, formed of two late [...]

Seoul City Removes Late Mayor’s Suicide Prevention Message Posted on Han River Bridge

Seoul City Removes Late Mayor’s Suicide Prevention Message Posted on Han River Bridge

SEOUL, July 31 (Korea Bizwire) — The Seoul Metropolitan Government has removed the suicide prevention message written by late Seoul Mayor Park Won-soon and posted on the guardrails of the Hangang Bridge, one of the bridges connecting the north and south of Seoul. This move came after civil complaints were filed about the uncomfortable truth [...]

Korean Firm Transports Ultra-heavy Plant Equipment Through Lego-like Modular Method

Korean Firm Transports Ultra-heavy Plant Equipment Through Lego-like Modular Method

SEOUL, July 31 (Korea Bizwire) — A South Korean logistics firm had succeeded in transporting and shipping 28,000 tons of ultra-heavy plant equipment manufactured by a major energy company in the United Arab Emirates (UAE) through a Lego-like modular method. Starting from November last year, CJ Logistics Corp. has been engaged in the transportation and [...]

Battered Cold War-era Building’s Basement Transforms into Hip Urban Arts Venue

Battered Cold War-era Building’s Basement Transforms into Hip Urban Arts Venue

SEOUL, July 30 (Korea Bizwire) — Surrounded by a stream, a mountain and a bustling street market, Hongeun-dong appears like most Seoul neighborhoods, if not for a mammoth building with an obsolete ivory-colored facade. Measuring 220 meters in length and 44 meters in width, Yujin Sangga remains one of the city’s biggest buildings 50 years [...]

Japanese Tobacco Maker Unaffected by Boycott Movement

Japanese Tobacco Maker Unaffected by Boycott Movement

SEOUL, July 30 (Korea Bizwire) — Despite the boycott movement against Japanese products marking its first year after being sparked by Japan’s export restrictions against South Korea, consumption of Japanese cigarettes has remained more or less unaffected. The Korea Customs Service reported that South Korea imported 4,220.6 tons of cigarettes from the Philippines between July [...]

S. Korea Seeks to Extend Foreign Workers’ Stay Permits to Cope with Seasonal Labor Shortage

S. Korea Seeks to Extend Foreign Workers’ Stay Permits to Cope with Seasonal Labor Shortage

SEOUL, July 29 (Korea Bizwire) — South Korea will push to extend stay permits for foreign migrant workers who cannot return home due to the coronavirus pandemic, in a bid to relieve seasonal labor shortages in farming and other areas, a government agency said Wednesday. The Central Disaster and Safety Countermeasures Headquarters said that it [...]