SEOUL, Apr. 24 (Korea Bizwire) — The number of outbound South Korean women travelers outstripped men for the first time last year. According to a report released by the Korea Association of Travel Agents, over 24.83 million South Korean women traveled abroad last year, excluding flight attendants who accounted for 6.3 percent. In the meantime, the [...]
SEOUL, April 6 (Korea Bizwire) — Red Velvet, Seventeen and other musicians will participate in the annual Dream Concert, a K-pop collaboration event, next month, organizers said Friday. The 24th edition will be staged at Seoul World Cup Stadium in Seoul on May 12, the Korea Entertainment Producer’s Association said. The association announced a lineup [...]
SEOUL, March 28 (Korea Bizwire) — One out of every 100 South Korean adults suffered from insomnia in 2016, a report showed Wednesday, with the rate increasing over the past five years. According to the report by the National Health Insurance Service, 541,958 people visited hospitals to be treated for insomnia in the one-year period, [...]
SEOUL, Jan. 17 (Korea Bizwire) — Korea Post said Wednesday it will begin selling commemorative stamps for the PyeongChang Winter Paralympics later this week. A total of 800,000 copies of 10 stamps will be sold with the PyeongChang Paralympics mascot Bandabi, an Asiatic black bear, appearing on the stamps doing alpine skiing, biathlon, cross-country skiing, [...]
SEOUL, Jan. 10 (Korea Bizwire) — One Chinese national has been arrested and his South Korean accomplice is being sought on suspicion of carrying out a massive hack into a software company’s client details, and using the private data to extort clients, police said Wednesday. The cybercrime unit of the National Police Agency said they [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s squid catch fell to the lowest level in five years in 2017, dented by Chinese boats’ overfishing in the East Sea, a report showed Wednesday. South Korean boats caught a total of 12,082 tons of squid in coastal waters and the open sea last year, which was [...]
SEOUL, Jan. 8 (Korea Biwire) — Fewer than half of South Korean companies dedicated funds to data protection in 2017, a government report showed Monday. According to the report by the Ministry of Science and ICT, only 48.1 percent of 9,000 local companies assessed showed interest in monitoring and protecting corporate data. Only 2.2 percent [...]
SEOUL, Dec. 27 (Korea Bizwire) — The number of newborns in South Korea dipped again in October, government data showed Wednesday, in the latest sign of the chronic low birth rate that has plagued the Asian country for more than a decade. About 27,900 babies were born in October, down 11.7 percent, or 3,700, from [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korea’s top men’s golf tour will offer the highest purse yet next year. The Korea Professional Golfers’ Association (KPGA) announced Wednesday that its top-tier Korean Tour will have a record total prize money of 14.1 billion won (US$13.1 million), with 17 tournaments lined up for next season. “The [...]
INCHEON, Dec. 20 (Korea Bizwire) — Prosecutors said Wednesday they have uncovered a multimillion-dollar fraud scheme by a cryptocurrency mining agency based here and in the United States that has incurred huge losses for investors around the world. The Incheon District Prosecutors’ Office indicted 21 suspects associated with U.S.-based Mining Max LLC on fraud and [...]