JEJU, March 31 (Korea Bizwire) — A growing number of seniors over 60, city dwellers and high income earners prefer a monthlong stay on Jeju Island, according to recent data. The Jeju Tourism Organization estimated that as many as 9.3 million people visited the island during the period from August 2021 to July 2022, based [...]
SEOUL, March 31 (Korea Bizwire) — A majority of foreign-invested companies with a presence in South Korea are considering expanding their investment in this country, the business lobby group said Thursday. The Korea Chamber of Commerce and Industry (KCCI) conducted a survey of 95 foreign-invested businesses and found that 64.2 percent of the respondents said [...]
SEOUL, March 31 (Korea Bizwire) — Doosan Mobility Innovation (DMI), a producer of portable fuel cell power packs, said Thursday it had signed a partnership agreement with the Massachusetts Institute of Technology (MIT)’s Electric Vehicle Team to jointly develop a hydrogen fuel cell-powered motorcycle. The hydrogen motorcycle will be developed by integrating DMI’s DM15 hydrogen [...]
SEOUL, March 31 (Korea Bizwire) — Seven in 10 Korean adults have used oriental medical services before, mainly for the treatment of musculoskeletal disorders, a survey showed Thursday. The Ministry of Health and Welfare conducted a survey of 5,055 adults over 19 years of age, and found that 71 percent of the respondents had used [...]
SEOUL, March 31 (Korea Bizwire) — The Government Ethics Committee on Thursday unveiled high-ranking officials’ personal property data that included a variety of extraordinary items. Unification minister Kwon Young-se reported three harps worth 130 million won (US$100,400) and one painting worth 30 million won that are owned under his wife’s name. Shin Ja-yong, head of [...]
SEOUL, March 30 (Korea Bizwire) — K-pop girl group BLACKPINK’s Jisoo said Thursday she has discovered a new side of herself while trying to find the best music for her solo debut single. In a statement released through her agency on the eve of the release of “Me,” the vocalist also expressed her excitement to [...]
SEOUL, March 30 (Korea Bizwire) — South Korea’s semiconductor industry is complaining over the U.S. CHIPS and Science Act for requiring companies to submit information about production yield, which is regarded as sensitive and confidential data within the industry. Earlier this week, the U.S. Commerce Department released new requirements for chipmakers seeking federal grants for [...]
SEOUL, March 30 (Korea Bizwire) — Most South Koreans in their teens and 20s prefer looking at each other’s personality test results when making new friends, a survey showed Wednesday. School uniform maker Hyungji Elite Inc. conducted a survey of 373 elementary, middle and high school students, 74 percent of whom believed personality was the [...]
SEOUL, March 30 (Korea Bizwire) – The agriculture ministry said Wednesday it will expand an initiative to offer breakfast at student cafeterias at universities for just 1,000 won (US$0.77) each. As part of the project, students can buy a breakfast for 1,000 won at a school cafeteria. The rest of the cost will be borne by [...]
JEJU, March 30 (Korea Bizwire) — A new coastal bridge has been built at Wimi Port, located on the southern coast of Jeju Island looking out over the South Sea. The Jeju provincial government said Wednesday it had completed the construction of a new pedestrian bridge at Wimi Port, located along Jeju’s Olle Trail 5. [...]