SEOUL, May 26 (Korea Bizwire) – A total of 297,000 foreigners visited South Korea for medical purposes in 2015, up 11 percent from 267,000 a year ago, the Ministry of Health and Welfare said Thursday. Their medical expenditures jumped 20 percent on-year to 670 billion won (US$567.3 million), with one-third of the amount coming from [...]
WASHINGTON, May 25 (Yonhap) – North Korea is expected to collapse “much sooner than many of us think” due to internal unrest, former U.S. Forces Korea commander Walter Sharp said. Sharp, who commanded USFK from 2008 to 2011, told a symposium in Hawaii on Tuesday that he recently guaranteed new USFK commander Gen. Vincent Brooks [...]
SEOUL, May 25 (Korea Bizwire) – South Korean top tech giant Samsung Electronics Co. hinted Wednesday that it may take a counteraction against Huawei Technologies Co. after the Chinese company launched lawsuits claiming Samsung’s infringement of its patents. Earlier, the Chinese firm brought two suits against the world’s top smartphone maker in the U.S. state [...]
SEOUL, May 25 (Korea Bizwire) – South Korea and China will hold high-level talks this week on nuclear energy cooperation, the government said Wednesday. The bilateral Nuclear Power Joint Committee meeting, the 13th of its kind, is scheduled to open in Beijing on Thursday. In the two-day session, South Korea will be represented by Hong [...]
JEJU, South Korea, May 20 (Korea Bizwire) – South Korea and China opened a joint photo exhibition on this resort island Friday, showcasing some of the top natural and cultural attractions in both countries. The exhibition, titled “Beautiful China, Beautiful South Korea,” was unveiled at the International Peace Center Jeju in an opening ceremony attended [...]
SEOUL, May 19 (Korea Bizwire) – South Korea launched an international computer animation center on its southern resort island Thursday as part of efforts to expand its cultural presence in China and other Asian markets. The Asia CGI Animation (ACA) Center, located on Seogwipo, Jeju Island, is expected to serve as a hub for cooperation [...]
SEOUL, May 17 (Korea Bizwire) – Fifteen major cities and provinces from four Northeast Asian countries will gather in Seoul on Thursday to discuss ways to tackle environmental pollution, the Seoul city government said Tuesday. At the two-day international forum to be held at city hall, the participating cities and provinces will announce the “Seoul [...]
SEOUL, May 16 (Korea Bizwire) – Business hotels are springing up in and near Myeongdong, the shopping mecca of downtown Seoul, as hotel chains try to cater to a growing number of Chinese tourists who are switching from package tours to more independent trips to South Korea. Nearly 6 million Chinese travelers came to South Korea [...]
DAVIS, CA, May 10 (Korea Bizwire) - The ZigBee Alliance, a non-profit association of companies creating, maintaining and delivering open, global standards for the low-power wireless Internet of Things (IoT), today announced that Midea Group has joined the ZigBee Alliance at the Promoter level and will be accepting a seat on its Board of Directors. The [...]
SEOUL, May 2 (Korea Bizwire) — The gap between the average wages of South Korea and China continued to narrow in 2015, industry data showed Sunday, apparently suggesting that South Korean products may be regaining their price competitiveness over their Chinese counterparts. In 2015, the average minimum wage in China’s five largest cities was 59.2 [...]