South Korea Archives - Page 4 of 15 - Gangnam Times
#south-korea (293 Posts)
South Korea's Hottest Couple Steps Down as Maxim Coffee ModelsActor couple Won Bin and Lee Na Young recently ended their contracts with Dongseo Food Corporation. According to an exclusive report by The Korea Economic Daily on April 26, Won Bin, who served as the model for Maxim T.O.P coffee, ended his advertising contract at the end of January. Won Bin has been the long-standing […]
Yoo Young Jae Hospitalized for Severe Depression Following Divorce ScandalAfter his divorce from actress Sunwoo Eun Sook, announcer Yoo Young Jae, who was embroiled in various controversies, has been urgently admitted to a mental hospital. On April 26, Yoo, accompanied by his younger brother, visited a mental hospital in the metropolitan area early in the day to begin the admission process due to severe […]
Hybrid Cars Outpace Electric: 40% Sales Increase in KoreaSales increased by 40% Over Last YearOutpaces Electric Vehicle ExportsTop 3 Popular Hybrid Sedans? Hybrid vehicles are making their presence known by replacing electric cars. According to the Korean Automobile Mobility Industry Association on the 24th, in the domestic eco-friendly car market in the first quarter of this year, the sales of hybrid vehicles recorded […]
Behind the HYBE Scandal: CEO Park Ji Won Speaks OutHYBE CEO Park Ji Won has spoken about the controversy surrounding Min Hee Jin, CEO of ADOR, who produced the girl group NewJeans. The plagiarism issue previously raised by Min is expected to cause a stir. On the 23rd, Park Ji Won, CEO of HYBE, sent an internal announcement email to HYBE members, saying, “There […]
Unstoppable BTS: Military Service Doesn't Slow Down Chart SuccessDespite their military hiatus, the globally acclaimed band BTS (comprised of Jin, RM, Suga, J-Hope, Jimin, V, Jungkook) continues to break impressive records. On the 21st, the Japanese mega-recording company Oricon revealed its Oricon Reiwa Era Comprehensive Rankings. Despite their temporary absence, BTS secured the top position in the artist sales category, leaving many astonished. […]
Lights Out: North Korea Removes Streetlights from Key RoadsNorth Korea removes streetlightsMines installed on Gyeongui LineNorth Korea displays intention to sever ties with South North Korea’s Kim Jong Un, who has recently shown overt hostility towards South Korea, has reportedly expressed his anger by removing the streetlights along the roads connecting South Korea from Mount Kumgang and Kaesong Industrial Complex. North Korea is […]
HYBE's Stock Plummets as Management Takeover Scandal UnfoldsEvidence of Min Hee Jin, from ADOR, attempting to seize control of HYBE without majority shareholder approvalHYBE stock price drops over 7%Market cap equivalent to YG Entertainment evaporates in a day Min Hee Jin, the CEO of ADOR and known as the mother of the popular girl group NewJeans, has caused a stir in the […]
From Hero to Zero: Audi's Harsh Fall in the Korean Car MarketAccording to the Korea Automobile Importers and Distributors Association (KAIDA), BMW led the January brand registrations with 4,330 vehicles, followed by Mercedes-Benz with 2,931 cars, showing a significant gap of about 1,400. An industry insider pointed out that Mercedes-Benz’s leading model, the E-Class, is in the process of changing generations, which has led to supply […]
Instant Ramen Made with Various North Korean IngredientsInstant ramen is also a popular food in North Korea. Products imitating South Korean ramen have been launched in North Korea, with similar packaging designs and names being traded under the radar. Let’s take a closer look at what North Korean ramen is like. Ramen, with its spicy broth and chewy noodles, perfectly fulfills the […]
North Korea's Military Uniform MakeoverNorth Korea’s Air and Ground Forces uniforms have become similar to South Korea’s. The iconic dark ochre plain uniforms of the North Korean military, once a symbol of North Korea’s armed forces, began to adopt a ‘digital pattern’ similar to that of South Korea a few years ago. Recent images of the North Korean military […]
Escape to Tranquility: South Korea's Hanok VillagesHanoks, built in traditional Korean architecture, radiate a serene charm. Various Hanok villages can be discovered across different regions. The tranquil ambiance of a Hanok village nestled amidst nature outside the bustling city is truly captivating. This guide presents several nationwide Hanok villages to enjoy a memorable Hanok stay. Cheongsong Hanok Folk Village, located in […]
The BTS Effect: HYBE Capital Breaks $4.2 Billion, Set to Join Major Corporate GroupHYBE, the powerhouse behind BTS’s global ascent, is poised to ascend to conglomerate status within the Korean entertainment sphere, boasting assets surpassing 5 trillion won ($4.2 billion). Since its public debut in October 2020, HYBE has embarked on a relentless acquisition spree, both domestically and internationally, diversifying its portfolio and exponentially expanding its scale. The […]
North Korea Comments on South Korean Election in a Rare MoveNorth Korea ended its silence approximately one week following the 22nd general election held on the 10th. The Rodong Sinmun, the North Korean Workers’ Party newspaper, published an article titled “Listen to the Public Sentiment! Impeach Yoon Suk Yeol” on the 16th. The article delved into the recent impeachment candlelight rally against Yoon Suk Yeol, […]
Families Still Seek Justice for North Korean AtrocitiesThere is a lot of fighting against North Korea’s leader, Kim Jong Un. Among them is Ko Seok Ju, the son of Ko Won Seok, a victim of the Uljin-Samcheok North Korean armed communist infiltration incident that occurred in November 1968. He is suing North Korea and Kim Jong Un, with the case set to […]
From Developing Weapons in North Korea to Making Policies in South Korea: Dr. Park Chung Kwon's StoryA defector candidate has become a hot topic after being elected in the 22nd National Assembly elections held on the 10th. The protagonist is Dr. Park Chung Kwon, the second proportional representative of the Future of Korea Party, a satellite party of the People’s Power. Dr. Park Chung Kwon has become the fourth defector to […]
South Korea's Election Night More Entertaining Than Hollywood BlockbustersForeign media paid attention to this year’s April 10 general election vote-counting broadcast, which featured dazzling graphics and parodies of famous drama scenes. On April 10 (local time), the UK’s BBC posted an article titled Is this K-drama? No, it’s South Korea’s election night, noting the dramatic flair of Korea’s election broadcasts. The BBC reported, […]
Kim Jong Un's Unexpected Dinner Party: A Show of Strength or a Call for Loyalty?According to the Korean Central News Agency, on the 10th, Kim Jong Un visited and provided on-site guidance at the Kim Jong Il Military Academy, which trains top military commanders. Kim toured various academy facilities, including classrooms, dormitories, cafeterias, and operational research rooms. Additionally, the report mentioned that Kim hosted a dinner with the faculty […]
U.S. and Japan Raise Hourly Wages, Why Isn't South Korea Following?California has raised the minimum wage for fast-food workers to $20 an hour. According to the Associated Press, the new wage rate was implemented on the 1st, marking a 29% increase from last year’s minimum wage of $15.50. California Governor Gavin Newsom signed an expedited bill in September last year to raise the minimum wage […]
North Korea's New Battle Tanks: Borrowing Russian TechnologyRussia’s T-80U tankImported in 1995 under the Bear ProjectImported non-export model North Korea recently unveiled a new tank model, sparking interest in the existence of a Russian-made tank in South Korea, which is not present in North Korea. North Korea unveiled the new tank model at the 75th anniversary of founding the Workers’ Party of […]
National Debt Reaches Historic Highs, Prompting ConcernsThe 2023 fiscal year national accounts report has revealed a national debt of $816.7B with a fiscal deficit of $63B . On the 11th, the government reviewed and approved the 2023 fiscal year national accounts report. According to the report, last year’s national debt reached a record high of $816.7 billion. The fiscal deficit, a […]
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