SEOUL, Korea, Mar 7 (Korea Bizwire) – Samsung Heavy Industries won on February 14 a deal to build a floating liquid natural gas (FLNG) ship for Malaysia’s state-run oil company Petronas at the cost of US$1.47 billion. Given most container ships cost about $200 million apiece, this is more than seven times more expensive. Including [...]
SEOUL, Korea, Mar 6 (Korea Bizwire) – Lee Mi-jin, a housewife with two twin boys in her mid-30s, recently had an experience of almost dropping her four-year-old son on the tiled floor while taking him a bath in the bathtub. She said, “I am always worried whenever my kids run around in the house if [...]
SEOUL, Korea, Feb 4 (Korea Bizwire) – Home appliance makers are now competing based more on aesthetic quality than over technical superiority. For example, Samsung’s Zipel Food Showcase refrigerator (FS9000) has divided its cold storage into two parts–”In-case” and “Showcase”–so that users can store infrequently used items inside while putting items like milk and juice in [...]
SEOUL, Korea, Jan 20 (Korea Bizwire) – There are some athletes who play better in international matches while putting up mediocre performance at home. In the same way, there are some car models that sell well overseas while selling fewer than 10,000 units domestically. The Kia Soul is one of such models. Last year, the [...]
![[Kobiz Feature] #1 LG Economic Research Institute: Future of Auto Parts Materials](http://koreabizwire.com/wp/wp-content/uploads/2014/01/9265448890_93e616cbf8_z.jpg "[Kobiz Feature] #1 LG Economic Research Institute: Future of Auto Parts Materials")
SEOUL, Korea, Jan 06 (Korea Bizwire) – Future is always hard to predict. In many cases only one or two predictions turn out close to reality out of ten future projections. This is more so in the annals of consumer goods, from the case of the automobile replacing the horse-drawn carriage to the personal computer overtaking the [...]
SEOUL, South Korea, Dec 13 (Korea Bizwire) – Mecca of Saudi Arabia is a famous destination for Muslims around the globe who will gather together for five days to pray and celebrate on the annual Haii day — which comes on the eighth day of the month of Dhul Al-Hijjah in the Muslim calendar. Around [...]
SEOUL, Korea, Dec 12 (Korea Bizwire) – On December 12th, Hyunday Mobis announced that it had recently finished its Active Seatbelt(ASB) development project and started commercializing ASBs by having them installed in new Genesis that was just released. ASB is a smart safety system designed to minimize the injuries of the passengers with a special [...]
![[Kobiz Feature] The Stuff-Carers Want Their Stuffs Neat and Lavish](http://koreabizwire.com/wp/wp-content/uploads/2013/12/ANYWAY-doors님이-일부-권리를-보유함.jpg "[Kobiz Feature] The Stuff-Carers Want Their Stuffs Neat and Lavish")
SEOUL, Korea, Dec 10 (Korea Bizwire) – It’s an old story that more and more people are spending their money on fashion and accessories. The so-called “stuff-carers” not only invest in themselves directly by taking in fashion items and cosmetics but also they do so by audaciously opening up their purses and wallets to buy products [...]
![[Kobiz Infographics] Stats Tell How Korea Has Come a Long Way](http://koreabizwire.com/wp/wp-content/uploads/2013/11/변화한대한민국-공모전-썸네일.jpg "[Kobiz Infographics] Stats Tell How Korea Has Come a Long Way")
SEOUL, Korea, Nov 01 (Korea Bizwire) – The Institute for International Trade, an economic think tank affiliated with the Korea International Trade Association published on October 27 a graphic booklet “Korea in the World” detailing how the country is doing in terms of 170 categories. For more detailed information, please click here Kobiz Infographics (Follow Us @kobizinfographics_Korea)
SEOUL, Korea, Oct 28 (Korea Bizwire) – How well, or badly, is Korea doing in terms of statistical numbers? By the early 2010s, this country of 50 million population has become one of the world’s top nations in terms of manufacturing prowess. When it comes to national brand image, global brand value, and trade volume, [...]