SEOUL, Aug. 25 (Korea Bizwire) — Those who believe history to be an endless repeating cycle rather than a linear sequence of events may feel justified in their convictions as South Korea once again groans under the weight of a consumer goods scandal that has dominated the public consciousness in recent days. The general fear, [...]
SEOUL, Aug. 25 (Korea Bizwire) — The Culture Heritage Administration announced on August 24 that for 50,000 won, anyone can be a king or queen – for about two hours. The actual announcement made by the administration was that from September 3 to 24, Gyeongbokgung Palace will host two sessions of evening tours during which [...]
NORTH JEOLLA, Aug. 25 (Korea Bizwire) — “In the past there have been rare cases where moths from the sub-tropics were discovered in the island regions of the West Sea [Yellow Sea], but this is the first time a species of giant moth like the tropical swallowtail moth has been found.” Those were the words [...]
SEOUL, Aug. 24 (Korea Bizwire) — The governor of Poland’s Lodzkie Region on Thursday called on South Korean electronics and automobile companies to invest in the province which is rich in skilled workers and is a major transportation hub in Europe. Gov. Witold Stepien is visiting Seoul along with business executives from nine Polish [...]
DAEGU, Aug. 24 (Korea Bizwire) — In two days, visitors will be walking among 98,500 square meters worth of cosmos flowers on Hajungdo Island, situated off the shore of Daegu in the Geumho River. The island and its flowers will be open to visitors until September 24. Organizers note that the flowers are expected to [...]
SEOUL, Aug. 24 (Korea Bizwire) — Used car dealer SK Encar released a report on August 23 that showed that the Kia Ray and Mercedes Benz E-Class were the fastest-selling cars in their respective categories. The company combed through its website data from the past two months to compare the amount time from when a [...]
SEOUL, Aug. 24 (Korea Bizwire) — The Gyeonggi Provincial Office of Education announced that students from select schools will be able to participate in GEPIK (Gyeonggido English Program in Korea), a “Phone English” service starting September 1. The program will be for 288 elementary school students from grade four to six and will be offered [...]
SEOUL, Aug. 24 (Korea Bizwire) — The Korea Economic Research Institute held a seminar on August 23 regarding social mobility and education, where Professor Lee Joo Ho of the Korea Development Institute presented his findings on the correlation between children’s school grades and a family’s economic, social and cultural standing (ESCS). His research was based [...]
BUSAN, Aug. 23 (Korea Bizwire) — The Busan Metropolitan Government announced on August 23 that it will be holding a special raffle event as part of its citywide cleanup efforts. The event will be restricted to Millak Waterfront Park to tackle waste left by visitors who do not correctly dispose of their garbage. To place [...]
SEOUL, Aug. 23 (Korea Bizwire) — A report released on August 22 ranking the fourteen major life insurance companies by risk-based capital ratios showed four of the top five places occupied by foreign companies. Samsung Life Insurance held down second place with a 331.8 risk-based capital ratio (RBC), followed closely by Lina Life Insurance with [...]