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S. Korea Offers Largest Amount of Cash, Goods to N.K. in 2003-2008: Data

S. Korea Offers Largest Amount of Cash, Goods to N.K. in 2003-2008: Data

SEOUL, Apr. 28 (Korea Bizwire) — South Korea provided the largest amount of cash and products to North Korea between 2003 and 2008 under the liberal administration of late President Roh Moo-hyun, Seoul’s unification ministry said Thursday. The government and civic groups offered a combined US$4.36 billion to North Korea under the Roh administration, followed [...]

Profits at Foreign Luxury Brands Slow down on Direct Shopping, Cost Increases

Profits at Foreign Luxury Brands Slow down on Direct Shopping, Cost Increases

SEOUL, April 28 (Korea Bizwire) – Profits at top foreign luxury brands in South Korea stagnated last year, with some labels unable to come out of the red, industry data showed Friday.  According to the data provided by the e-disclosure site of the regulator Financial Supervisory Service, last year’s operational profits at Ferragamo Korea shed [...]

Galaxy S8 Display Not Faulty: Samsung

Galaxy S8 Display Not Faulty: Samsung

SEOUL, Apr. 28 (Korea Bizwire) — Samsung Electronics Co. on Thursday ruled out speculation that Galaxy S8 smartphones have faulty displays, claiming the controversial red tint on some devices can be changed by users. During a conference call held after the company released its first-quarter earnings report, Samsung Electronics claimed that the company has conducted [...]

‘Guardian’ Sweeps Five Awards from U.S. Asian Drama-Streaming Site

‘Guardian’ Sweeps Five Awards from U.S. Asian Drama-Streaming Site

SEOUL, April 28 (Korea Bizwire) – South Korea’s most-viewed cable TV series “Guardian: The Lonely and Great God” has won five awards from an annual drama awards hosted by an American online Asian drama-streaming site.  The drama’s star Gong Yoo received best actor of 2016 in the fifth DramaFever Awards announced on its website on [...]