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Buddhist Community Debates Allowing Older Retirees into Priesthood

Buddhist Community Debates Allowing Older Retirees into Priesthood

SEOUL, Feb. 17 (Korea Bizwire) – An increasing number of South Koreans are seeking Buddhist priesthood after their retirement, but an ordinance set by the Jogye Order of Korean Buddhism – the largest Buddhist sect here – prohibits those over the age of 50 from commencing priesthood.  An upcoming meeting scheduled for March will once [...]

Koreans Change Perspective on Divorce, Living Together Before Marriage

Koreans Change Perspective on Divorce, Living Together Before Marriage

SEOUL, Feb. 17 (Korea Bizwire) – In a sign of a shift away from a once highly conservative society, more Koreans are growing comfortable with the idea of divorce, and living together before tying the knot.  Researchers from the Korea Institute of Health and Social Affairs, Seoul National University (Institute for Social Development and Policy [...]

Man and Machine Square Off in Language Translation

Man and Machine Square Off in Language Translation

SEOUL, Feb. 17 (Korea Bizwire) – A man versus AI match in language translation will take place in Seoul on February 21, hosted by the International Interpretation & Translation Association, Sejong University, and Sejong Cyber University.  The contest will run for 50 minutes, and its participants include a professional human translator, Systran translator, Google translator, [...]

Misbehaving Few Cast Chinese Tourists in a Bad Light

Misbehaving Few Cast Chinese Tourists in a Bad Light

SEOUL, Feb. 17 (Korea Bizwire) – Chinese tourists have become an indispensable asset for domestic tourism, accounting for roughly 60 percent of all individual travelers to Korea, and over half of all customers at local duty-free stores.  But as is the case for all popular tourist destinations, misbehaviors and an apparent lack of respect for [...]

S. Korea Aims to Nurture 100 ‘Star’ Venture Companies by 2020

S. Korea Aims to Nurture 100 ‘Star’ Venture Companies by 2020

SEOUL, Feb. 17 (Korea Bizwire) – South Korea on Friday announced a plan to nurture 100 ‘star’ venture firms in the science and technology sectors by 2020 to secure new economic growth engines.  The Ministry of Science, ICT and Future Planning reported a set of measures to Acting President and Prime Minister Hwang Kyo-ahn to [...]

70 Percent of People Call for Renegotiation of Seoul-Tokyo Deal on ‘Comfort Women’: Survey

70 Percent of People Call for Renegotiation of Seoul-Tokyo Deal on ‘Comfort Women’: Survey

SEOUL, Feb. 17 (Korea Bizwire) – South Koreans’ calls for the renegotiation of a 2015 Seoul-Tokyo deal on Japan’s sexual enslavement of Korean women during World War II have been rising amid the rekindling of a row between the two countries over symbols of the victims, according to poll results released by Gallup Korea on [...]

Hanjin Shipping Declared Bankrupt, Ending 40-Year Run

Hanjin Shipping Declared Bankrupt, Ending 40-Year Run

SEOUL, Feb. 17 (Yonhap) – Hanjin Shipping Co., a major shipping line in South Korea, was officially declared bankrupt by a Seoul court Friday, ending its 40-year run and heralding a fundamental change in the country’s shipping landscape.  The Seoul Central District Court decided to declare bankruptcy for Hanjin Shipping after a two-week period for [...]

Midnight Releases Will No Longer Affect Music Charts

Midnight Releases Will No Longer Affect Music Charts

SEOUL, Feb. 15 (Korea Bizwire) – Major Korean music platforms have decided to challenge the conventional practice of releasing albums and singles at midnight, after criticism that the custom is distorting local music charts.  South Korean artists typically release their music at noon or midnight.  However, midnight has long been the more popular time of [...]

Geothermal Power Plant is a First for Korea

Geothermal Power Plant is a First for Korea

POHANG, Feb. 15 (Korea Bizwire) – Electricity generated from geothermal energy will soon be distributed to South Korean households for the first time in history.  The electricity will come from Pohang, a city on the southeast coast of the Korean Peninsula, which has been making use of geothermal energy some four kilometers below the surface [...]