SEOUL, Nov. 14 (Korea Bizwire) — The government on Tuesday unveiled an ambitious plan to expand the size of the country’s video content industry to 40 trillion won (US$30.24 billion) by 2027. The government also plans to create a fund worth 1 trillion won by 2028 to help the industry produce globally competitive content, like [...]
HANOI, Dec. 14 (Korea Bizwire) – South Korea and Vietnam agreed Thursday to expand educational cooperation and exchanges, especially in language learning, according to Seoul officials. Deputy Prime Minister Kim Sang-kon, who also serves as education minister, met with his Vietnamese counterpart Vu Duc Dam in Hanoi. Kim requested Vietnam take measures to expand Korean [...]
SEOUL, March 3 (Korea Bizwire) – A group of South Korean scientists have developed a way to detect major diseases such as cancer or diabetes through respiration, a feat which can bring a seismic change to the methods of diagnosing patient illnesses, Seoul’s science ministry said Thursday. A research team at the Korea Advanced Institute [...]
SEOUL, Feb. 11 (Korea Bizwire) – American talk show host Conan O’Brien will shoot his “Conan” show in South Korea, a local fan who claims to have been contacted by the Conan team said Thursday. O’Brien will arrive here on Sunday for a five-day journey that involves trips to downtown Seoul and a traditional Korean [...]
SEOUL, Feb. 2 (Korea Bizwire) – South Korea will step up efforts to improve its ties with the Middle East as “true partners,” with the two sides confronted with “different but similar” security crises, a top Seoul diplomat said Tuesday. While struggling to cope with troubles from its nuclear-armed neighbor, South Korea is endeavoring to [...]
SEOUL/SEJONG, Dec. 21 (Yonhap) - Moody’s Investor Service’s latest upgrade of South Korea’s credit rating is expected to better insulate the country from a recent U.S. interest rate hike and other external uncertainties, Seoul’s top economic policymaker said Sunday. In a news conference held in Seoul, Finance Minister Choi Kyung-hwan stressed the global credit appraiser’s decision to give Asia’s fourth largest economy an Aa2 rating is a clear sign of its confidence in the [...]