SEOUL, Sept. 22 (Korea Bizwire) – South Korea and the United Arab Emirates (UAE) agreed on a visa-waiver program that will allow people to travel to each other’s country without a visa for up to three months, the foreign ministry said Thursday. A memorandum of understanding on the visa waiver was signed at a meeting [...]
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 [...]
SEJONG, May 11 (Korea Bizwire) – South Korea’s jobless rate fell in April as more people were hired in the accommodation and retail sectors, but the unemployment rate for young people still remained high, a government report showed Wednesday. The unemployment rate sank to 3.9 percent in April, from 4.3 percent in March. The seasonally [...]
SEOUL, April 12 (Korea Bizwire) – South Korea and China on Monday agreed to extend their currency swap deal scheduled to expire next year in a bid to better cope with possible fallout stemming from mounting financial market uncertainties and widely expected U.S. rate hikes. South Korea’s Finance Minister Yoo Il-ho met with People’s Bank of [...]
SEOUL, March 24 (Korea Bizwire) – A television program for Korean language education will air throughout China in the second half of the year, the first of its kind in the Chinese-speaking world, a government agency said Thursday. China Education Television (CETV) will broadcast the program composed of 100 three-minute episodes from October to next [...]
SEJONG, March 16 (Korea Bizwire) – South Korea’s youth jobless rate surged to an all-time high of 12.5 percent in February, a government report said Wednesday, underlying the growing number of college graduates failing to land jobs due to the sluggish economy. Statistics Korea said the nation’s overall jobless rate stood at 4.9 percent last [...]
SEOUL, Feb. 25 (Korea Bizwire) – South Korea and France will hold a variety of events this year to boost mutual exchange and cooperation between venture startups in their countries, marking the 130th anniversary of their diplomatic establishment. The French Embassy in Seoul said Thursday that a French support center for startup companies called “French [...]
SEOUL, SOUTH KOREA, Feb. 25 (Korea Bizwire) – Brocade (NASDAQ: BRCD) today announced that its virtual Application Delivery Controller (vADC) solution has been successfully leveraged by South Korean beauty and wellness direct-selling company Atomy to support its rapid global expansion. With the Brocade® Virtual Traffic Manager (vTM) in place, Atomy has been able to increase [...]
SEOUL, Feb.22 (Korea Bizwire) – As many Koreans are becoming more aware of the need for improved welfare programs, businesses are coming up with new policies to help improve the quality of life of their employees. However, many employees seem to be uncomfortable using the new benefits. One example is menstrual leave. Although female employees [...]