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Alpensia under snowballing debts

Alpensia under snowballing debts

Alpensia Resort, the main venue of the 2018 Winter Olympics, has been reeling from snowballing debts as it failed to sell vacation homes built along its golf course and condominiums there. The resort, located in PyeongChang, Gangwon Province, has been losing about 60 billion won ($55 million) annually over the past few years, despite revenue […]

Jhiri Fair Held At Kanachack Village, India

Jhiri Fair Held At Kanachack Village, India

A Hindu man, left, gets the first tonsuring of his son done, as a religious offering during the Jhiri fair at Kanachack village, on the outskirts of Jammu, India, Thursday, Nov. 29, 2012. According to legend, the fair is held in memory of Baba Jitu, an honest farmer who killed himself since he was not […]

POSCO aims to join global top 100 by 2020

Korean steel giant POSCO said Friday that it aims to rank within the top 100 in terms of global sales by 2020. The firm said it plans to strengthen its mainstay steel business by increasing output to 50 million tons annually. A 30 million ton-capacity mill in Indonesia will be completed in 2013. Facilities in […]

People Protest Against Death Of Garment Workers In Recent Fire In Dhaka

People Protest Against Death Of Garment Workers In Recent Fire In Dhaka

People show placards and pretend to be dead bodies during a protest against the death of garment workers in a fire accident in Dhaka, capital of Bangladesh, Nov. 29, 2012. At least 111 people were killed after a devastating factory fire at Tazreen Fashion Limited on the outskirts of Dhaka on Nov. 24, 2012. <Xinhua/Shariful […]

Traditional Painting Ceramics Crafts Enchants People At Exhibition In Huating, China

Traditional Painting Ceramics Crafts Enchants People At Exhibition In Huating, China

A visitor views the traditional Huating painting ceramics crafts during an exhibition in Huating County, northwest China’s Gansu Province, Nov. 29, 2012. Huating ceramics have a history of thousands of years, producing arts like slip casting and ceramics painting and many varieties with local characteristics. Nowadays, constant technical renovation and grooming of successors to painting […]

Acceleration Of Polar Ice Melting Has Ice Scientists Worried

Acceleration Of Polar Ice Melting Has Ice Scientists Worried

This May 30, 2012 image provided by Ian Joughin shows an iceberg in or just outside the Ilulissat fjord, that likely calved from Jakobshavn Isbrae, the fastest glacier in west Greenland. Polar ice sheets are now melting three times faster than in the 1990s, but so far that’s added just less than half an inch […]

Students Of Dajia Elementary School In Taipei Enjoy Lunch Offered By School

Students Of Dajia Elementary School In Taipei Enjoy Lunch Offered By School

A worker prepares students’ lunch at the dining hall of Dajia Elementary School in Taipei, southeast China’s Taiwan, Nov. 29, 2012. Food metarials are purchased through bidding in order to make sure of the nutrition, low price and taste of lunch for students. Students of Dajia Elementary School enjoy their lunch in Taipei, southeast China’s […]

Three candidates poised to highlight policy differences

Three candidates poised to highlight policy differences

During the televised presidential debates, the three participants are poised to clearly state their differences in policy. Many voters say that pledges made so far by the two main contenders, Park Geun-hye and Moon Jae-in are too similar, making it difficult to decide which candidate is deserving of their support. The first debate at the […]

Lawyer to manage NK residents’ assets in South

A local court ordered a South Korean lawyer Friday to manage the assets of North Korean residents that were bequeathed to them by a deceased family member who lived in the South. The Seoul Family Court dismissed a request from a surviving South Korean family member for a trial to decide if she is eligible […]

Will OECD data help Park?

Will OECD data help Park?

Will the latest Organization for Economic Cooperation and Development (OECD) data have any relevance for the 2012 presidential election? The wealthy nations’ club said that Korean women suffered from the largest gender gap in wages among member countries. This signifies that they are discriminated against but it is still a moot point whether or not […]

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