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In Pursuit of the Future ‘Faker’: Esports Teams Launch Academies Amid Financial Struggles

In Pursuit of the Future ‘Faker’: Esports Teams Launch Academies Amid Financial Struggles

SEOUL, Dec. 7 (Korea Bizwire) – Facing financial challenges, esports teams are turning their attention to training academies to diversify their revenue streams. For students and young individuals aspiring to debut as professional gamers, academies are emerging as gateways to prove their skills objectively and secure spots on renowned teams.  On a Saturday afternoon, teenagers clad [...]

‘Burning’ Among Semi-finalists for Oscar’s Best Foreign-language Film

‘Burning’ Among Semi-finalists for Oscar’s Best Foreign-language Film

SEOUL, Dec. 18 (Korea Bizwire) — “Burning” has become the first South Korean film to be shortlisted for the Foreign Language Film award by the Academy of Motion Picture Arts and Sciences, the Academy said on its website on Monday (U.S. time). The movie, by director Lee Chang-dong, was among nine foreign language Oscar contenders, [...]

Gov’t Cracks down on Hundreds of Cram Schools Illegally Operating in Seoul

Gov’t Cracks down on Hundreds of Cram Schools Illegally Operating in Seoul

SEOUL, Aug. 23 (Korea Bizwire) – South Korea’s government on Tuesday said it has imposed administrative penalties on some hundreds of private education institutes illegally operating in the affluent southern part of Seoul this year.  The Seoul Gangnam Seocho District Office of Education said a total of 259 cram schools were fined or received other [...]

In Korea, English Pre-school is More Expensive than College

In Korea, English Pre-school is More Expensive than College

SEOUL, June 30 (Korea Bizwire) – A recent study has revealed that the average English pre-school in Seoul costs approximately 10 million won ($8,670) each year, an amount that is equivalent to three times the average college tuition in Korea. Furthermore, students spend an average of five hours per day at these schools, almost equal [...]