SEOUL, Sept. 4 (Korea Bizwire) — The number of narcotics offenders in South Korea rose 19.3 percent in 2016 from a year earlier, due largely to the widespread use of the Internet as a channel to more easily trade the banned substances, a report showed Monday. The tally of drug offenders came to 14,214 at [...]
SEOUL, Sept. 4 (Korea Bizwire) — Hyundai Motor Co. and Kia Motors Corp., South Korea’s two biggest carmakers, saw their sales growth in Chile slow down this year due to the won’s strength, a state-run trade promotion agency said Monday. In the January-July period, Hyundai’s sales in the Latin American market grew 11 percent on-year to 17,276 [...]
BUSAN, Sept. 1 (Korea Bizwire) — South Korea and five Southeast Asian countries surrounding the Mekong River agreed on Friday to strengthen diplomatic and economic cooperation during an annual high-level meeting in the southern port city of Busan. The 7th Mekong-Republic of Korea Foreign Ministers’ Meeting adopted a new action plan outlining the long-term vision [...]
SEOUL, Sept. 1 (Korea Bizwire) – South Korea has asked China to remove economic sanctions imposed on South Korea due to the diplomatic row over the deployment of a U.S. missile defense system here, the Ministry of Trade, Industry and Energy said Friday. China has been retaliating economically against South Korea since early this year [...]
SEOUL, Aug. 31 (Korea Bizwire) – The Seoul Metropolitan Government and Korea Smart Card Co. have joined hands to help solve a problem that 79 percent of 3,109 taxi drivers have experienced at least once: access to a bathroom. A survey of taxi drivers conducted by the city in April revealed that a significantly large number [...]
SEOUL, Aug. 31 (Korea Bizwire) — South Korea and the United States will wrap up their combined defense drills on Thursday as scheduled amid renewed tensions on the peninsula, officials said. The annual Ulchi Freedom Guardian (UFG) exercise, which started on Aug. 21, has involved more than 50,000 South Korea troops and around 17,500 American [...]
SEOUL, Aug. 30 (Korea Bizwire) — The chairman of Kumho Asiana Group, parent of Kumho Tire Co., on Wednesday submitted a revised proposal to creditors over the use of the tiremaker’s brand, an industry source said Wednesday. The revised proposal by Kumho Asiana Chairman Park Sam-koo came as the creditors, led by state-run Korea Development [...]
SEOUL, Aug. 30 (Korea Bizwire) — South Korean officials and experts discussed the new government’s multicultural policies at an annual forum hosted by Yonhap News Agency on Wednesday. Gender Equality Minister Chung Hyun-back pledged to double efforts to support the increasing non-Korean and mixed-race population and help Korean society better cope with the demographic changes. [...]
SEOUL, Aug. 30 (Korea Bizwire) – On the evening of August 29, pedestrians around Seoul Station stopped and watched as giant silhouettes of speed skaters were superimposed on the expansive Seoul Square building across the street. As part of a collaborative project, writers Cha Dong Hoon, Kim Min Sun and Choi Moon Sun (also known [...]
YONGIN, Aug. 30 (Korea Bizwire) — Following in the footsteps of popular attractions “Horror Village”, “Horror Maze” and “Horror Safari 2014″, Everland will unveil another fear-and-fun inducing activity called “Blood City” on September 7. The legend of Blood City is chronicled in 100,000 square meters of “urban” sprawl encompassing the Alpine Area, Amazon Express and [...]