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PyeongChang, U.S. Olympic Body Launch Youth Mentorship Program

PyeongChang, U.S. Olympic Body Launch Youth Mentorship Program

SEOUL, Aug. 22 (Korea Bizwire) — The organizing committee for the 2018 PyeongChang Winter Olympics and the United States Olympic Committee (USOC) on Tuesday announced their launch of a Korean youth mentorship program. In a statement, the organizations said the goodwill campaign is part of the USOC’s “Thank You, PyeongChang” initiative, designed to “contribute to [...]

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 [...]

PyeongChang Olympics Economic Boon for Host S. Korea

PyeongChang Olympics Economic Boon for Host S. Korea

SEOUL, Aug. 10 (Korea Bizwire) — With less than 200 days remaining before the start of the 2018 PyeongChang Winter Olympics, South Korea is going all-out to make the event a successful endeavor for the host country, with the economic benefits being at the forefront of things being keenly considered. Earlier, Lee Hee-beom, the chief [...]

Test Events for PyeongChang 2018

Test Events for PyeongChang 2018

PYEONGCHANG, Feb. 2 (Korea Bizwire) – With a little over a year left until the 2018 PyeongChang Winter Olympics, several test events will be taking place in the coming weeks.  There will be a total of 14 events hosted in 14 different disciplines until April 8, which will feature the participation of 1,515 athletes and [...]

S. Korea to Spend 937.2 Bln Won in 2017 for Winter Olympic Preparations

S. Korea to Spend 937.2 Bln Won in 2017 for Winter Olympic Preparations

SEOUL, Jan. 10 (Korea Bizwire) – South Korea plans to spend 937.2 billion won (US$779.7 million) this year in support for the 2018 PyeongChang Winter Olympic and Paralympic Games preparations, the sports ministry said Tuesday.  The Ministry of Culture, Sports and Tourism said its 2017 budget for the Olympic preparations is down 49.4 percent from [...]

NHL Players Not Willing to Pay to Come to PyeongChang Winter Olympics: Official

NHL Players Not Willing to Pay to Come to PyeongChang Winter Olympics: Official

PYEONGCHANG/SEOUL, Oct. 27 (Korea Bizwire) – While the world’s top hockey players enjoy competing at the Winter Games, they won’t necessarily want to pay to travel to South Korea for the next Olympics, a visiting official of the sport said Thursday. Mathieu Schneider, special assistant to the executive director of the National Hockey League Players’ [...]