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Small Wedding Photoshoots at Royal Palaces Exempted from Prior Approval

Small Wedding Photoshoots at Royal Palaces Exempted from Prior Approval

SEOUL, Aug. 16 (Korea Bizwire) — Small wedding photoshoots will be allowed at Seoul’s four Joseon-era palaces — Gyeongbok, Changdeok, Changgyeong and Deoksu — starting next month without separate permission having to be acquired. The Cultural Heritage Administration’s Royal Palaces and Tombs Center announced that the newly revised regulations governing approval for photoshoots will soon [...]

Nearly Nine Out of Every 10 S. Koreans Hold ‘Favorable View’ Toward U.S.: Poll

Nearly Nine Out of Every 10 S. Koreans Hold ‘Favorable View’ Toward U.S.: Poll

WASHINGTON, Aug. 15 (Korea Bizwire) — Nearly nine out of every 10 South Koreans hold a favorable view of the United States, the second highest rating among 17 countries surveyed, a poll showed Monday. It also showed more than 80 percent of South Koreans think the U.S. is a reliable partner. In the poll conducted [...]

Korean Culture Festival Held in Cuba

Korean Culture Festival Held in Cuba

SEOUL, Aug. 15 (Korea Bizwire) — Among the few countries that have yet to establish diplomatic ties with South Korea, Cuba hosted a Korean culture festival amid the growing popularity of K-pop and Korean dramas. The Korean Cultural Center in Mexico held the Korean Culture Promotion Festival in Havana on Friday (local time). The event, [...]

POSCO E&C Announces Development of Underground Parking Lot with Garden

POSCO E&C Announces Development of Underground Parking Lot with Garden

SEOUL, Aug. 15 (Korea Bizwire) — POSCO Engineering & Construction Co., the construction arm of South Korea’s leading steelmaker, POSCO, has announced the development of a biophilic parking lot designed to bring sunlight and plant life to the underground floors below an apartment complex. The parking lot’s first basement floor is designed to bring in [...]

Foreign Stock Ownership Dips to 13-year Low amid Fed’s Aggressive Rate Hikes

Foreign Stock Ownership Dips to 13-year Low amid Fed’s Aggressive Rate Hikes

SEOUL, Aug. 14 (Korea Bizwire) — Foreigner ownership of South Korean stocks hit a 13-year low this month, the bourse operator said Sunday, as demand for riskier assets declined amid the Federal Reserve’s aggressive rate hikes. Foreign investors held 606.2 trillion won (US$464 billion) worth of stocks traded on the main KOSPI market as of [...]