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Blinken Expresses Wishes to Koreans for Chuseok Holiday

Blinken Expresses Wishes to Koreans for Chuseok Holiday

WASHINGTON, Sept. 27 (Korea Bizwire) — U.S. Secretary of State Antony Blinken on Wednesday delivered congratulatory remarks for South Koreans as they celebrate the Chuseok holiday, the Korean equivalent of Thanksgiving, this week. “This special holiday, steeped in tradition and cultural significance, brings families, friends, and communities together. We are reminded of the enduring spirit [...]

Seoul Promotes Xinqi as Chinese Translation of Kimchi for Restaurants in Major Tourist Spots

Seoul Promotes Xinqi as Chinese Translation of Kimchi for Restaurants in Major Tourist Spots

SEOUL, Sept. 28 (Korea Bizwire) – The Seoul Metropolitan Government announced on Wednesday that it will standardize the Chinese translation of kimchi as xinqi on the menus of restaurants in major tourist spots.  This decision follows an increase in the number of Chinese tourists visiting major tourist spots like Myeongdong, facilitated by the Chinese government’s approval [...]

S. Korea to Offer Tax Cuts, Financial Support to Revitalize Chip Industry

S. Korea to Offer Tax Cuts, Financial Support to Revitalize Chip Industry

SEOUL, Sept. 27 (Korea Bizwire) — South Korea’s finance minister said Wednesday the government will spare no effort to support the country’s chip industry through tax cuts and other financial support amid the sector’s downturn. “The chip sector is the strategic and core industry for the South Korean economy, responsible for 18.9 percent of exports [...]

S. Korea, Qatar Discuss Stronger Energy, Shipbuilding Ties

S. Korea, Qatar Discuss Stronger Energy, Shipbuilding Ties

SEOUL, Sept. 27 (Korea Bizwire) — Top industry officials of South Korea and Qatar discussed ways Wednesday to enhance bilateral cooperation on the energy and shipbuilding industries, Seoul’s industry ministry said. During the meeting in Seoul, South Korea’s Industry Minister Bang Moon-kyu and Qatar’s Minister of State for Energy Affairs Saad Sherida Al-Kaabi discussed how [...]

Spending Habits of Single-Person Households: Renting, Food Choices, and Gender Differences

Spending Habits of Single-Person Households: Renting, Food Choices, and Gender Differences

SEOUL, Sept. 27 (Korea Bizwire) – Four out of every 10 South Koreans who live alone rent their homes and spend an average of 300,000 won per month on rent. These individuals prefer ordering food for delivery and eating ready-to-eat meals that require little preparation. According to a report titled “How Single-Person Households Spend Money Based [...]