Internet contributes 0.9 pct to Vietnam’s GDP
HANOI — Internet contributes 0.9 percent to Vietnam’s GDP and 1.6 percent to the country’s GDP growth rate of 14.4 percent, according to the figures released in a workshop held here on Wednesday. Vietnam is an emerging market for the Internet development, ranking 13th in the world in terms of young Internet users with a […]
‘Please Take Care of Mom’ sells 2 million
Shin Kyung-sook’s novel “Please Take Care of Mom” has sold a landmark 2 million copies, her publisher Changbi announced Tuesday. The 49-year-old’s popular book is about a family’s search for a missing mother. Translated into various languages around the world including English for the United States, it also won the Asian Man Booker Prize. The […]
Korea 2nd on global cartel fines
Korean firms have been slapped with a total fine of 2.4 trillion won ($2.1 billion) by overseas anti-trust regulators since 2000 for price-fixing, the Fair Trade Commission said Tuesday. They had to pay nearly $1.27 billion in fines in the United States, and four out of 10 non-American businesses that had to pay high fines […]
Animal abusers spark uproar
Does an animal have rights or does it belong to an owner like property? Korea takes the latter position and acquitted a dog owner of animal abuse despite the abuse involving dragging the dog on the road behind his car. The incident, which Internet users call “Devil Equus,” took place on April 21 and […]
Korea, Sri Lanka agree to deepen economic cooperation
Korean President Lee Myung-bak and Sri Lankan President Mahinda Rajapaksa agreed Tuesday to strengthen economic and trade relations between the two countries, the presidential office said. On the sidelines of the summit, the two sides also signed three memoranda of understanding that call for bolstering cooperation in electricity and energy, development, and Sri Lanka’s project […]
[China Now] Communist Party cadres asked to read and study
The People’s Daily of China carried a story on the occasion of the World Book & Copyight Day which fell on April 23 in which it quoted remarks of a high ranking party official as saying that “party officials are asked to make reading as their major hobby.” He further said in the paper that “China is in a very […]
Academy promises new ‘traditional’ hallyu
As a historian by profession, a key policy goal for Culture Minister Choe Kwang-shik has been to promote Korea’s traditional arts and alter the perception that “hallyu,” or the Korean wave, is limited to K-pop and TV dramas. Since the beginning of the year, the ministry has implemented new measures to add more depth to […]
President’s mentor Choi embroiled in bribery scandal
Former Korea Communications Commission (KCC) Chairman Choi See-joong is facing being summoned for allegedly taking billions of won in bribes from a businessman. Another key presidential aide Park Young-joon, a former vice minister of knowledge economy, is also suspected of having taken money from the same businessman, the prosecution said Monday. The fresh graft scandal […]
North Korea threatens ‘special action’ against S. Korea
North Korea’s military announced Monday it would soon take “special actions” targeting the conservative administration of President Lee Myung-bak and some media outlets. In a statement carried by the official Korean Central News Agency, the military said the actions would last for 3 to 4 minutes and consist of “unique methods of our own style,” […]
Speak out, Lady!
Gaga concert restricted by age, only in Korea That parental discretion is necessary for children’s choice of entertainment is accepted worldwide, with differences in the level of enforcement. On the Korean government’s controversial restriction of Lady Gaga’s upcoming Friday concert, however, entertainment industry insiders complain that non-local acts suffer from systematic discrimination under an outdated […]