SEOUL, Jan. 2 (Korea Bizwire) — A domestic film depicting the life of a typical father from Korea’s older generation has attracted more than 6 million viewers, its investor-distributor said Friday, amid controversy over the film’s alleged right-wing ideological bias. “Ode to My Father” exceeded the milestone on Thursday, drawing a total of 6,097,483 people [...]
SEOUL, Dec. 29 (Korea Bizwire) — A simple, non-Active X online payment service will soon be available in Korea from major credit card companies. Starting December 29, customers will be able to make credit card payments for their online transactions by providing their ID number and a password. Major Korean credit card companies such as [...]
SEOUL, Dec. 9 (Korea Bizwire) – A recent job posting on a recruiting site that excluded job seekers from a certain region is causing controversy. On December 3, the recruiting site posted a job offer from Namyang Industry, a top-tier partner company of Hyundai-Kia Motor Group, seeking male applicants for work in auto parts factories. [...]
“Korea’s Northeast Asia Peace and Cooperation Initiative was modeled after the Helsinki Process that has become the foundation for European peace. With the initiative we are working to create a cooperative atmosphere beginning with soft issues.” “In order to realize the vision of the initiative, we held international forums with countries and international bodies like [...]
SEOUL, July 7 (Korea Bizwire) – Korea EximBank said on July 4 that it would provide a shipping finance worth US$295 million to China’s Minsheng Financial Leasing that has signed a deal to purchase three 18,400-TEU containerships from Daewoo Shipbuilding & Marine Engineering. Of the loans that the Korean state-run bank provides, 50 percent will be guaranteed [...]
![[Feature] Another Shame on Korea, Samsung’s “Poor” Crisis Management](http://koreabizwire.com/wp/wp-content/uploads/2014/04/Samsung-Galaxy-S5-800x500.jpg "[Feature] Another Shame on Korea, Samsung’s “Poor” Crisis Management")
SEOUL, Korea, April 24, 2014 (Korea Bizwire) – Recently, The Wall Street Journal published a story doubting the crisis management ability of the Korean government revealed in the tragic accident of the sunken ferry Sewol. In it, the world-renowned news media said the leadership of President Park Geun-hye is being tested with several mishaps committed [...]