SEOUL, May 16 (Korea Bizwire) — The Seoul Metropolitan Government said Monday it will launch a marine sports tryout program every weekend from June 3-Sept. 3. The program will offer tryouts for sailboats, stand-up paddle boats, and kayaks. Additionally, the city government will introduce the Black Cat Yacht program, which entails a scenic cruise along [...]
SEOUL, May 16 (Korea Bizwire) — South Korea’s car exports surged 40.3 percent on-year in April on the back of solid demand for eco-friendly cars, the industry ministry said Tuesday. The value of outbound shipments of automobiles came to US$6.16 billion last month, compared with $4.4 billion a year earlier, according to the data from [...]
SEOUL, May 16 (Korea Bizwire) — Major companies in South Korea saw their total first-quarter operating income plunge almost 50 percent on-year due to sluggish chip exports, a corporate tracker said Tuesday. The combined operating income of 309 out of South Korea’s top 500 companies by sales came to 25.9 trillion won (US$19.4 billion) in [...]
SEOUL, May 16 (Korea Bizwire) – South Korean food conglomerate CJ Cheiljedang Corp. plans to develop a range of Korean street foods as new products and release them in foreign markets. The company announced on Monday that it will develop six Korean street foods under the Bibigo brand and launch them in major countries across [...]
JINJU, May 15 (Korea Bizwire) — A museum in the southeastern city of Jinju is gaining popularity among military enthusiasts after videos posted on YouTube received a positive response. The Jinju National Museum specializes in the history of Japan’s Invasion of Korea (1592-1598) and has been running a YouTube series called “Firepower Joseon” for two [...]
SEOUL, May 14 (Korea Bizwire) — Amidst the tranquil surroundings of Deoksugung Stonewall Walkway, the 51st Coming of Age Day celebration unfolded on a glorious Sunday afternoon, just a day before the much-anticipated May 15th extravaganza. For decades, Seoul has been observing this momentous occasion every May with a grand revival of the age-old coming-of-age [...]
SEOUL, May 14 (Korea Bizwire) — Kakao Corp., a major South Korean tech firm, beat its rival Naver Corp. in terms of average wage for three consecutive years through 2022, data showed Sunday. Kakao, which operates the country’s most popular mobile messenger, KakaoTalk, saw its average wage reach 139 million won (US$103,422) last year, hovering [...]
SEOUL, May 14 (Korea Bizwire) — The number of jobs for people in their 40s in South Korea decreased for the 10th consecutive month in April, data showed Sunday, amid the protracted slump in the country’s manufacturing industry. Jobs for the age group have been falling on-year since July, with the positions decreasing 22,000 from [...]
SEOUL, May 12 (Korea Bizwire) — Korea’s healthcare industry is about to witness the debut of an innovative Artificial Intelligence (AI) virtual human home trainer for the first time. EstSoft, a leading AI services provider, revealed on Friday that it had introduced a home training service in collaboration with Shinhan-Cubeon, a digital healthcare subsidiary of [...]
SEOUL, May 12 (Korea Bizwire) — Lotte World Tower unveiled on Friday its latest masterpiece: the “Garden Werther,” a resplendent floral haven located at the World Park’s outdoor lawn plaza in Jamsil, Seoul. Encompassing an area of approximately 1,000 square meters (300 square feet) around the Goethe statue, the Garden Werther was inspired by Goethe’s [...]