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Korean Government Aims for the Moon with Space Exploration Investment

Korean Government Aims for the Moon with Space Exploration Investment

SEOUL, Feb. 29 (Korea Bizwire) – The Korean government has announced that 200 billion won will be invested in space exploration over the next three years. For the first time in Korean history, plans to explore the moon will be established. Through the project, a shuttle that will orbit the moon and a satellite that [...]

Seoul and Uber in Collision Course on Legitimacy of Uber Service

Seoul and Uber in Collision Course on Legitimacy of Uber Service

SEOUL, Aug. 31 (Korea Bizwire) – South Korean government will ban the car-sharing service of Uber on the grounds of passenger safety. To this, Uber countered that it is providing a legitimate service. It remains to be seen how the controversy would unfold.  The Ministry of Land, Infrastructure, and Transportation on August 29 sent an official [...]

Korean Consumers Praise China’s Stern Measures over Multinational Brands

Korean Consumers Praise China’s Stern Measures over Multinational Brands

SEOUL, Aug. 16 (Korea Bizwire) – Many Koreans admire China for its stern stance against high pricing policies by multinational companies doing business in China, according to an analysis on the local opinion regarding the news of the Chinese government’s penalty against Audi for violations of anti-monopoly laws.  Upon hearing the news that the Chinese [...]