JEJU, Oct. 19 (Korea Bizwire) – Jeju Island’s position as South Korea’s favorite tourist spot is slipping. Travel research company Consumer Insight recently revealed that in its summer vacation satisfaction survey, Jeju Island ranked fourth with a score of 723 out of 1000. This marks the first time Jeju has missed the top spot since the survey [...]
SEOUL, Oct. 12 (Korea Bizwire) — The nuclear-powered USS Ronald Reagan aircraft carrier arrived at the southeastern port of Busan following trilateral naval drills involving the United States, South Korea and Japan in a show of force against North Korea. Carrier Strike Group 5, which includes the aircraft carrier, the Aegis-equipped USS Shoup destroyer and [...]
SEOUL, Oct. 10 (Korea Bizwire) — The nuclear-powered USS Ronald Reagan aircraft carrier will arrive at a key South Korean naval base later this week, Seoul’s defense ministry said Tuesday, in a major show of force against North Korean threats. Carrier Strike Group 5, which includes the aircraft carrier, the Aegis-equipped USS Shoup destroyer and [...]
SEOUL, Oct. 3 (Korea Bizwire) — South Korea’s business circles, led by big conglomerates like SK and LG, are making all-out efforts in the country’s final pitch to host the 2030 World Expo in the southeastern port city of Busan. With less than two months to go before the selection of the host country, the [...]
NEW YORK/SEOUL, Sept. 20 (Korea Bizwire) — President Yoon Suk Yeol held a second day of summits with world leaders in New York on Tuesday (local time) as he continued his push to win support for South Korea’s bid to host the 2030 World Expo in Busan. Yoon, who arrived in New York the previous [...]
SEOUL, Sept. 20 (Korea Bizwire) — The late wife of an Australian veteran killed during the 1950-53 Korean War will be laid to rest in a southeastern city this week alongside her husband, Seoul’s veterans ministry said Wednesday. A burial ceremony for Olwyn Green, the late widow of Lt. Col. Charles Green, will take place [...]
BUSAN, Aug. 17 (Korea Bizwire) – Construction on the long-delayed Busan Lotte Tower began with a groundbreaking ceremony in the southeastern port city Thursday. Lotte Shopping Co., the retail affiliate of Lotte Group, held the groundbreaking ceremony for the 67-story, 342.5-meter skyscraper to be built on the former site of Busan City Hall in the [...]
BUSAN, Aug. 16 (Korea Bizwire) — Busan, being geographically close to Japan, offers easy access to Japanese food and culture. During the pandemic, the city streets have been filled with Japanese-style liquor stores and food vendors, causing Japanese cuisine to become more prevalent than Korean food in some areas. Numerous establishments can be found in [...]
SEOUL, July 27 (Korea Bizwire) — The World Expo is not just about creating a huge economic effect for the host country but also serving as a new platform to explore solutions to various common challenges faced by the world today, the chief of a major Korean business lobby has said. SK Group Chairman Chey [...]
SEOUL, July 7 (Korea Bizwire) — Japanese tourists have chosen Seoul as their preferred destination for overseas summer vacations this year. The Japanese travel agency H.I.S. International analyzed its overseas travel products and air tickets for departures between July 21 and August 31 and identified Seoul as the top choice for Japanese tourists. Of the [...]