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S. Korea, OECD Hold Conference on ‘Digital Finance’

S. Korea, OECD Hold Conference on ‘Digital Finance’

SEOUL, Mar. 18 (Korea Bizwire) — South Korea and the Organization for Economic Cooperation and Development (OECD) opened a joint conference in Seoul on Monday to discuss ways to help Southeast Asian countries develop and transform their financial systems. The conference will be held for two days and discuss potential problems arising from the digitalization [...]

Cultural Views on Occupational Prestige Vary Globally, with Politicians and Firefighters at the Top in Different Regions

Cultural Views on Occupational Prestige Vary Globally, with Politicians and Firefighters at the Top in Different Regions

SEOUL, Mar. 18 (Korea Bizwire) – A recent study has shed light on the varying perceptions of occupational prestige across different countries, with lawmakers being held in high regard in Korea, China, and Japan, while firefighters are esteemed in the U.S. and Germany. The research, conducted by the Korea Research Institute for Vocational Education and Training [...]

Seoul Performance by Pro-Putin Russian Ballerina Cancelled Amid Backlash

Seoul Performance by Pro-Putin Russian Ballerina Cancelled Amid Backlash

SEOUL, March 15 (Korea Bizwire) — A Seoul ballet performance featuring Russia’s star ballerina, Svetlana Zakharova, was canceled Friday due to public backlash over staging shows by individuals supportive of Russian President Vladimir Putin, especially amid the conflict between Moscow and Kyiv. The Ukrainian-born Russian principal dancer of the Bolshoi Ballet was scheduled to perform [...]

Ohio and South Korea Ink Landmark Driver’s License Exchange Deal

Ohio and South Korea Ink Landmark Driver’s License Exchange Deal

SEOUL, Mar. 15 (Korea Bizwire) – South Korean citizens holding a driver’s license issued in their home country can now acquire an Ohio driver’s license without undergoing further testing, as established by a recent agreement between the two regions. The Korean National Police Agency (KNPA) announced that it had entered into a ‘Mutual Recognition Agreement for [...]

Indian Man Caught for Selling Forged S. Korean Gold Jewelry to U.S.

Indian Man Caught for Selling Forged S. Korean Gold Jewelry to U.S.

SEOUL, Mar. 15 (Korea Bizwire) — An Indian exporter has been arrested for allegedly exporting cheap gold jewelry from his country to the United States by labeling them as South Korean goods, the customs agency here said Friday. The man, whose identity was withheld, was arrested and indicted by the U.S.’ Homeland Security Investigations (HSI) [...]

K-pop Idols Face Backlash in Boycott Tied to Israel-Palestine Dispute

K-pop Idols Face Backlash in Boycott Tied to Israel-Palestine Dispute

SEOUL, Mar. 12 (Korea Bizwire) – As the conflict between Israel and Palestine persists, K-pop artists find themselves inadvertently embroiled in the fallout from a boycott movement targeting companies perceived as pro-Israel. Recently, online communities buzzed with criticism towards Le Sserafim’s Huh Yun-jin for her consumption of Starbucks coffee, considered a trigger for the backlash due [...]

Foreign Ministry Providing Consular Assistance to S. Korean National Arrested in Russia

Foreign Ministry Providing Consular Assistance to S. Korean National Arrested in Russia

SEOUL, Mar. 12 (Korea Bizwire) — The foreign ministry said Tuesday it has been providing consular assistance to a South Korean national arrested in Russia reportedly on espionage charges. Russia’s TASS news agency reported Monday that South Korean citizen Baek Won-soon has been held in the Lefortovo detention facility in Moscow since late February, and [...]

Activist Faces Backlash in Campaign Against Rising Sun Flag Symbolism

Activist Faces Backlash in Campaign Against Rising Sun Flag Symbolism

SEOUL, Mar. 12 (Korea Bizwire) – Seo Kyoung-duk, a professor at Sungshin Women’s University known for his global campaign against the Rising Sun Flag, has reported facing attacks from Japan’s far-right factions. Seo shared on his Facebook page that after protesting a rickshaw adorned with the Rising Sun Flag in New York City last week, a [...]

Cuba-South Korea Diplomatic Ties Open New Doors for HD Hyundai Heavy Industries

Cuba-South Korea Diplomatic Ties Open New Doors for HD Hyundai Heavy Industries

SEOUL, Mar. 11 (Korea Bizwire) – The recent establishment of diplomatic relations between Cuba and South Korea, marking Cuba as the 193rd country to formalize ties with Seoul, has been welcomed by HD Hyundai Heavy Industries. About two decades ago, in the absence of diplomatic relations, the company played a pivotal role in opening economic [...]

S. Korea Begins E-customs Clearance System Project in North Macedonia

S. Korea Begins E-customs Clearance System Project in North Macedonia

SEOUL, Mar. 11 (Korea Bizwire) — South Korea has launched a project to establish an automated customs clearance system in North Macedonia to advance the European nation’s customs administration system and boost bilateral relations, Seoul’s customs agency said Monday. Korea Customs Service (KCS) Commissioner Ko Kwang-hyo met with his counterpart of the European nation, Stefan [...]