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South Korean Firms Pledge Billions for PyeongChang Winter Olympics

South Korean Firms Pledge Billions for PyeongChang Winter Olympics

SEOUL, Aug. 14 (Korea Bizwire) – Dozens of South Korean companies have pledged to sponsor more than 894 billion won (US$781 million) to the PyeongChang Winter Olympics, the PyeongChang organizing committee said Saturday. The pledge is about 5 percent shy of the committee’s goal of drawing 940 billion won and accounts for 33.6 percent of the total budget for South Korea’s first-ever Winter Olympics to be held in the country’s eastern alpine city of PyeongChang in February. Samsung Group, South Korea’s largest [...]

Jeju Tourist Attractions Enjoy International Media Coverage

Jeju Tourist Attractions Enjoy International Media Coverage

JEJU, April 20 (Korea Bizwire) – Jeju Island has attracted international media coverage of famous tourist attractions, including its renowned UNESCO World Heritage Sites Seongsan Ilchulbong Peak and Manjanggul Cave, in the run-up to the PyeongChang 2018 Olympics. Last Thursday, international media outlet Al Jazeera visited Seongsan Ilchulbong Peak and Manjanggul Cave, according to Jeju government [...]

Torch Relay for PyeongChang 2018 to Start in November

Torch Relay for PyeongChang 2018 to Start in November

SEOUL, April 18 (Korea Bizwire) – The torch relay for the first Winter Olympics in South Korea will begin on the day when the countdown reaches 100 days, the event’s organizers said Monday. The organizing committee for the 2018 PyeongChang Winter Games said the Olympic flame, as per the 80-year tradition, will be lit in Olympia, Greece, the site of the ancient Olympic Games, on Oct. 24. The flame [...]