CHUNCHEON, South Korea, Oct. 19 (Korea Bizwire) – A walk on Chuncheon’s Soyang River Skywalk, a major tourism attraction featuring a transparent glass bridge, may not be as much of a thrill as some were hoping it might be, resulting in the scaling back of plans for the facility’s expansion. The Skywalk is a glass [...]
SEOUL, Oct. 19 (Korea Bizwire) – The Ministry of Science, ICT and Future Planning announced Tuesday the development of what is tentatively being called a “Subsonic Capsule Train” that can travel at a speed of Mach 0.8 (987.84km/h). Once commercialized, it would allow 30-minute travel between Seoul and Busan (325km) on a maglev train through [...]
YONGIN, South Korea, Oct. 18 (Korea Bizwire) – Everland, Korea’s largest theme park and the crown jewel of Samsung C&T Corporation, became the first Korean business enterprise to exceed 4 million page likes on Facebook, which is roughly one fourth of Korean Facebook users (16 million). The park’s Facebook page was launched in January 2011, [...]
SEOUL, Oct. 18 (Korea Bizwire) – Chinese travelers in their 20s and 30s have emerged as the key customers for South Korean duty-free stores as they are enticed by Korean pop culture and shopping experiences here, industry officials said Monday. Local duty-free shops in the past mostly generated revenue from middle-aged Chinese travelers who bought [...]
SEOUL, Oct. 17 (Korea Bizwire) – The rooftop garden at the government complex in Sejong, central South Korea, has been officially recognized by Guinness World Records as the world’s largest garden on a rooftop to date, government officials said Monday. Government officials, including Vice Interior Minister Kim Sung-lyul, unveiled a monument on the roof to [...]
SEOUL, Oct. 17 (Korea Bizwire) – Ddaleungee, Seoul’s public bike-sharing service, is gaining more public interest, and the city’s eco-friendly initiative is gradually bearing fruit. According to the metropolitan government, the aggregate number of rentals as of last month was 1,129,770 – which means roughly one in ten Seoulites has used the service since it [...]
PYEONGTAEK, South Korea, Oct. 14 (Korea Bizwire) – A massive Chinatown to be established in Pyeongtaek’s Yellow Sea Free Economic Zone (YSFEZ) is finally picking up steam. According to China Castle, the project’s special purpose company (SPC), 50 billion won ($44 million) in capital has been secured, which should allow the venture to take off [...]
SEOUL, Oct. 14 (Korea Bizwire) – South Korea’s government said Friday it is test operating a visa waiver program for foreign tourists entering the country via three selected cruise ships in the next six months. The Ministry of Justice said passengers of those cruise ships — Costa Serena, Sapphire Princess and Quantum of the Seas [...]
SEJONG, Oct. 13 (Korea Bizwire) – South Korean retailers saw their sales increase more than 10 percent during a nationwide shopping festival that started late last month thanks to rising demand from Chinese shoppers, government data showed Thursday. The massive shopping campaign called “Korea Sale Festa,” which began Sept. 29 for 11 days, was designed [...]
SEOUL, Oct. 12 (Korea Bizwire) – Wednesday’s parliamentary audit brought to light the revelation that Korean travel agencies are offering holiday packages to countries with government-designated travel alerts, with some calling for government intervention to safeguard citizens. There are currently four levels of travel alerts issued by the Ministry of Foreign Affairs: Purple (areas needing [...]