Archive for December, 2015
Venture businesses have emerged as a driving force of the Korean economy as they have grown in both quantity and quality.
The Small and Medium Business Administration on Monday announced achievements in management, job creation and technology innovation for venture businesses.
They sampled 2,227 o… …read more
People who live alone tend to buy foods that are simple to cook and eat as it is often uneconomical to buy ingredients for one person and deal with leftovers.
According to figures from Statistics Korea earlier this month, one-person households presently account for 27.1 percent of the total. This m… …read more
The SPC Group opened its 200th overseas Paris Baguette in Shanghai on Monday.
With the opening, the brand became the first Korean bakery chain to achieve the feat. It opened its first overseas store in the Gubei area in Shanghai in 2004.Paris Baguette now has 139 stores in China, 45 in the U.S., ei… …read more
Monday will likely be the coldest day this winter, with the cold snap persisting amid strong winds across the country.
Temperatures dropped further and strong winds are adding their chill effect to already freezing conditions, the Korea Meteorological Administration said.
Temperatures dropped to -9… …read more
Minsheng Banking Corp., China’s largest private bank, will provide 50 billion yuan ($7.73 billion) in financial support to China’s violence-prone far western region of Xinjiang over the next five years, state media said on Friday.
Hundreds of people have been killed over the past few years in resour… …read more
Ten Chinese cities were on red alert for air pollution Thursday, as China continues to suffer through a wave of extremely poor air quality that prompted Beijing earlier this week to order factories to reduce production, close schools, and order drastic reductions in road traffic.
Beijing issued its … …read more
Liam Neeson is donating US$1,515 to a fund preparing for Korean reunification (US$1=W1,177).
The Hollywood star, who is to play Gen. Douglas Macarthur in a patriotic movie about the Korean War, worked out the sum as $915 from Sept. 15, the date of the amphibious Incheon Landing in 1953, and US$10 p… …read more
A growing number of Koreans are spending their time off alone. Statistic Korea data for 2015 showed that 56.8 percent of people over 15 or above usually spend their time off work alone, up more than 12 percentage points from 44.1 percent in 2007.
The proportion who spend their holidays or time off … …read more
Hankook Tire will supply tires for the Mercedes-Benz Actros and Atego, the company said on Tuesday.
Hankook has been a supplier for Mercedes-Benz trucks since 2014.
It hopes the new deal will strengthen its partnership with the German carmaker, which is the largest player in the European auto marke… …read more