SEOUL, May 30 (Korea Bizwire) – Senior diplomats of South Korea and Canada agreed Tuesday to work together to denuclearize North Korea, the Ministry of Foreign Affairs here said. North Korea’s nuclear development, inter-Korean affairs and bilateral collaboration on economic cooperation were also discussed in the talks between Vice Foreign Minister Lim Sung-nam and Canadian [...]
SEOUL, April 28 (Korea Bizwire) – South Korea said Friday it has begun the construction of another large-scale amphibious landing ship to be used by the country’s Navy. A keel-laying ceremony for the 14,500-ton vessel will be held later in the day at the shipyard of Hanjin Heavy Industries & Construction Co. in Busan, according [...]
SEJONG, Apr. 19 (Korea Bizwire) — The International Monetary Fund (IMF) on Tuesday raised its forecast for South Korea’s economic growth this year to 2.7 percent thanks to clear signs of a turnaround in the global economy. The latest forecast is up 0.1 percentage point from the 2.6 percent growth the agency estimated in its [...]
SEOUL, April 6 (Korea Bizwire) – The Seoul Metropolitan Government announced yesterday the launch of a new service which will help economically disadvantaged and injured foreign workers with legal problems. On-site lawyers at the Southwest Global Center located in Yeongdeungpo District will offer free legal advice , and in some cases, help with lawsuits. Last month, [...]
SEOUL, April 6 (Korea Bizwire) – A local retailer of China-based Xiamoi’s products said Thursday it will start sales of the tech giant’s MIX smartphone in South Korea, which is expected to bring major changes to the market largely dominated by homegrown Samsung and LG. G-Mobi Korea, an official local retailer of Xiamoi products, said it [...]
SEOUL, April 4 (Korea Bizwire) – Seoul’s famous annual shopping festival for foreign visitors has returned once again this year with more offers and for an extended duration, starting next month. The Seoul Summer Sale, which will run from April 23 through to the end of July, will offer tourists from all around the world [...]
SEOUL, March 31 (Korea Bizwire) – South Korea’s recent attempt to shorten what are some of the longest working hours in the world was thwarted after branches of government dealing with workers’ rights failed to come to an agreement. The disappointing outcome to postpone the much anticipated decision until after the presidential election in May follows [...]
SEOUL, March 31 (Korea Bizwire) – South Korean internet giant Kakao revealed plans yesterday to accelerate the development of its own artificial intelligence platform, which will be adopted in its messaging app KakaoTalk and online music streaming service Melon. As interest in AI technology continues to grow, the latest move from Kakao is expected to [...]
SEOUL, March 31 (Korea Bizwire) – A new safety monitoring app which is set to be released tomorrow will help vulnerable members of society such as women and youth get out of dangerous situations by shaking their phone, Daegu Metropolitan City announced yesterday. The new crime reporting app was invented by both the Daegu city government [...]
SEOUL, Mar. 27 (Korea Bizwire) — A much-anticipated sky lantern event sold out the first round of 1,500 tickets only 30 seconds after sales began, and now complaints are mounting among those who failed to secure a ticket. Colorful Merrymaking is an annual sky lantern event which is held by the Daegu Metropolitan City and the [...]