SANTIAGO, Chile, Sept. 8 (Korea Bizwire) — In order to make it easier for Japanese companies to invest in Chile, the Foreign Investment Promotion Agency InvestChile has launched a new edition of its “How to Invest in Chile” Investor’s Guide in Japanese. Published online, the step-by-step guide is designed to serve as a “roadmap” for companies considering Chile [...]
SEOUL, Aug. 12 (Korea Bizwire) — South Korea has so far nationalized 5.04 million square meters of land owned by Japanese citizens and Japanese companies during the 1910-45 colonial rule, the state procurement agency said Thursday. The official appraisal price of this land is estimated at 150 billion won (US$114 million) and the size of [...]
SEOUL, July 20 (Korea Bizwire) — South Korea’s dependence on Japanese materials and parts fell to an all-time low in the first half of this year, three years after Tokyo’s control of exports of key materials bound for Seoul, data showed Wednesday. Imports of Japanese materials, parts and equipment came to US$20.07 billion during the [...]
SEOUL, Dec. 1 (Korea Bizwire) — Japanese right-wing extremists were seen insulting and threatening the director of a documentary film about the life and testimony of Lee Yong-soo, a 93-year-old victim of the Japanese military’s sexual slavery during World War II. Last week, Britain’s Channel 4 aired the Japanese Wartime Sex Slave episode for “Unreported [...]
SEOUL, Dec. 8 (Korea Bizwire) — The non-governmental organization Voluntary Agency Network of Korea (VANK) sent letters on Monday to Amazon, eBay, and Walmart asking them to stop selling kamikaze headbands. The kamikaze headbands are being sold for US$10.99 on Amazon, $4.09 on eBay, and $6.99 at Walmart. The headbands feature a red circle with [...]
SEOUL, Dec. 3 (Korea Bizwire) — Korean cosmetics and desserts continue to be popular among Japanese women despite cold Korea-Japan relations. Shibuya 109, a popular Japanese fashion mall, conducted a survey of 600 female customers between the ages of 15 and 24, showing that many of them prefer Korean products, the Korea Trade-Investment Promotion Agency [...]
SEOUL, Oct. 26 (Korea Bizwire) — The Japanese government is attempting to release contaminated water from a disabled nuclear power plant in Fukushima. The primary reason, as anticipated by experts, is the low cost. It costs less to release the water to the sea than by air. Initially, the Japanese government considered three separate means [...]
SEOUL, Oct. 15 (Korea Bizwire) — The percentage of South Koreans with a good impression of Japan dropped sharply this year compared with a year earlier, a survey showed Thursday, reflecting a chill in bilateral relations. The percentage of South Koreans with a favorable view of the neighboring country dropped by 19.4 percentage points to [...]
SEOUL, July 30 (Korea Bizwire) — Despite the boycott movement against Japanese products marking its first year after being sparked by Japan’s export restrictions against South Korea, consumption of Japanese cigarettes has remained more or less unaffected. The Korea Customs Service reported that South Korea imported 4,220.6 tons of cigarettes from the Philippines between July [...]
SEOUL, July 27 (Korea Bizwire) — The South Korean economy’s dependence on Japan has been on a downward trend since Japan imposed export restrictions against South Korea in July 2019, the country’s leading business lobby group said Sunday. The share of imports from Japan among overall South Korean imports fell from 9.8 percent in Q1 [...]