SEOUL, Nov. 13 (Korea Bizwire) — Following a court ruling that ordered Nippon Steel & Sumitomo Metal Corp. to pay damages to four Korean victims who were forced into labor during the Japanese colonial era, the Japanese government has responded strongly, completely shaking up Korea-Japan relations. Japanese government officials have been continuously releasing resolute statements [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s largest petrochemical company has set up its own communication channel in the form of an online media business to relay company information and other industry news. SK Innovation Co. stated yesterday it had created SKinno News in response to a need to directly communicate the latest news [...]
SEOUL, Nov. 13 (Korea Bizwire) — A new survey has found that 1 out of 3 Seoulites perceive themselves as living in extreme isolation from society. According to an online survey conducted by the Seoul Metropolitan Government between October 1 and 15, 28.8 percent of 1,000 Seoul residents (288 individuals) between the ages of 20 [...]
SEOUL, Nov. 13 (Korea Bizwire) — Lawyers representing forced labor victims who won a case at Korea’s Supreme Court for their past misery paid a visit to the head office of Nippon Steel & Sumitomo Metal Corp. (NSSM), the Japanese company that was ordered to pay damages, in Tokyo, Japan only to have the door [...]
SEOUL, Nov. 13 (Korea Bizwire) — With media outlets speculating on the possibility of having a helicopter carrying North Korean leader Kim Jong-un land near Baengnokdam Lake on Mt. Halla in Jeju, critics are weighing on the actual feasibility of the plan. Baengnokdam is a crater situated at the peak of Mt. Halla (1,960 meters [...]
SEOUL, Nov. 13 (Korea Bizwire) — So-called ‘idol sandwiches,’ known to be favored by certain K-pop stars, are selling like hotcakes at convenience stores. GS25, a major convenience store franchise, said that YouUs Idol’s Favorite Sandwich topped all food sales charts just two and a half months after its release, with more than 5 million [...]
SEOUL, Nov. 13 (Korea Bizwire) — The national health insurance plan will begin covering surgery for severe obesity starting in January. Once the coverage is in effect, patients will only have to disburse 1.5 million to 2 million won for surgical procedures that typically cost from 7 million to 10 million won. The Ministry of [...]
SUWON, Nov. 13 (Korea Bizwire) — The city of Suwon, Gyeonggi Province plans to expand its urban forest by 2022 to tackle fine dust. The city announced on Monday that it plans to reduce average fine dust levels by 30 percent before 2022, by expanding urban green spaces by 30 percent. Tree planting, covering urban [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s embattled shipbuilding giants may conduct a wave of year-end layoffs in line with self-rescue measures agreed upon with creditors, industry sources said Tuesday. Stung by snowballing losses from tumbling orders and heavy debt, Daewoo Shipbuilding and Marine Engineering Co. (DSME), Samsung Heavy Industries Co. and Hyundai Heavy [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s largest computing game expo is slated to open in Busan this week featuring a wide range of new computer and mobile games with virtual reality technology taking the center stage, sources said Tuesday. Hundreds of game developers and distributors from scores of countries will take part in [...]