SEOUL, Jun. 26 (Korea Bizwire) — Imports of foreign beef have risen in the first five months of this year as consumers seek less expensive meat amid the sluggish pace of economic recovery and the anti-graft law which limits gifts that can be given to public officials, teachers and journalists. The law, which took effect [...]
SEOUL, Jun. 26 (Korea Bizwire) — Samsung Electronics Co.’s advertisement of its flagship Galaxy S8 smartphone won seven awards from the Cannes Lions International Festival of Creativity, the company said Monday. The South Korean tech giant said it has won three gold, two silver and two bronze prizes from the festival with its advertisement dubbed [...]
SEOUL, Jun. 26 (Korea Bizwire) — The state-run Korea Gas Corp. (KOGAS) said Monday that the first cargo of U.S. shale gas will arrive here next month. In 2012, KOGAS signed a deal with the Texas-based Cheniere to bring in 2.8 million tonnes of LNG annually for 20 years starting this year. The import of [...]
SEOUL, Jun. 26 (Korea Bizwire) — South Korean Ryu So-yeon rose to the No. 1 ranking in women’s golf Monday on the strength of her latest LPGA victory. Ryu is the third South Korean to sit atop the women’s world rankings, following Shin Ji-yai in 2010 and Park In-bee in 2013. Ryu won the Walmart [...]
SEOUL, Jun. 24 (Korea Bizwire) — When it comes to cell phone bills in South Korea, the overwhelming public sentiment is that people think they are paying too much at the moment. The row between the government and telecom companies over efforts to reduce phone bills in recent years mirrors the frustration very palpable in a [...]
SEOUL, Jun. 23 (Korea Bizwire) — On June 22, Rep. Lee Jung Mi of the Justice Party and animal rights activist group Kara held a press conference at the National Assembly in Yeouido to publicly disclose the state of dog meat farms in Korea. Beginning in August of last year, an investigation into the general [...]
SEOUL, Jun. 23 (Korea Bizwire) — As President Moon has encouraged more employers to embrace anonymous recruitment in both the public and private sectors, to bring about a more equitable society, an increasing number of companies are adopting so-called blind recruitment policies. Recruitment portal Saramin is among the forward-thinking companies to join the movement, as [...]
BRAZIL, Jun. 23 (Korea Bizwire) — South Korean manufacturer Hanbyul ENC has landed a business deal in Brazil that will see the company build platform screen doors for the Santos subway. According to the Electronics and Telecommunications Research Institute (ETRI), the small South Korean company was able to win the contract thanks to the help [...]
SEOUL, Jun. 23 (Korea Bizwire) — South Korean lawmakers have proposed a bill to require TV networks to dedicate more airtime to programs representing disabled members of society. Criticism over the lack of representation of the disabled on South Korean TV has prompted a number of politicians including Kang Hyo-sang, a member of the Liberty [...]
SEOUL, Jun. 23 (Korea Bizwire) — As China’s ongoing package tours ban to South Korea continues to hit Lotte Duty Free hard, senior officials at the company are now in full damage control mode, with executive board members returning a tenth of their salary in a bid to overcome the critical situation. Lotte Duty Free [...]