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JJCC Mini-Concert/ Fanmeet in India

Source | 2016/06/26 | | Permalink

Idol group JJCC will have their first ever mini-concert/fanmeet in India this July. This will be the group's first visit and interaction with Indian fans (Keys). The event is organized by Pink Box Events in association with Korean Cultural Centre India and is scheduled for 31st July at Sir Mutha Venkatasubba Rao Concert Hall, Chennai. The mini-concert/fanmeet will be a 2 hours event starting from 3:30 pm onwards...More

Plans for New Gateway Airport Scrapped

Source | 2016/06/26 | | Permalink

A senior engineer with France's Aéroports de Paris Ingénierie briefs reporters on a feasibility study for a new airport at the government complex in Sejong, South Chungcheong Province on Tuesday.

The government on Tuesday scrapped plans for a sprawling new gateway airport in southeastern Korea. Officials decided that it would be more cost-effective to expand Gimhae International Airport instead.

The new airport was to have been built either on Gadeok Island near the port city of Busan or in the inland town of Miryang, South Gyeongsang Province...More

Most Young People in Seoul Live in Rented Housing

Source | 2016/06/26 | | Permalink

Nine out of 10 Seoul citizens in their 30s rent their homes, either monthly or by way of jeonse or Korean-style deposit lease, according to a study released by the Seoul Metropolitan Government on Tuesday.

City officials surveyed 20,000 households and 2,500 foreigners living in the capital in October last year. Seoul has been conducting the survey annually since 2003...More

Korean Instagram Boom Catches Marketers' Eye

Source | 2016/06/26 | | Permalink

An Instagram boom among young Koreans has caught the beady eye of marketers, who noticed how many are using the instant photo site to share information on fashion, restaurants and holiday spots.

Instagram hashtags direct users to collections of photos with links to popular businesses, and many feel it is more honest than the privileged searches of Google and other engines...More

Korea's Trade Surplus with China, U.S. Plummets

Source | 2016/06/26 | | Permalink

Korea's current account surplus from trade with China and the U.S. dropped almost 20 percent last year.

The decline is partly due to sluggish economies in China and the U.S., but Korea's overall current account surplus actually rose around 25 percent in 2015 to US$105.9 billion thanks to low global oil prices...More

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