SEOUL, Jan. 15 (Korea Bizwire) – SK Biopharmaceuticals Co. (SK Biopharm), a biopharmaceutical arm of SK Group, will establish a joint venture with a major South American biopharma, Eurofarma, in the United States to expand its business there, company officials said Wednesday. The company announced the plan during the ongoing JP Morgan Healthcare Conference in [...]
SEOUL, Jan. 15 (Korea Bizwire) — Investigators detained impeached President Yoon Suk Yeol at his residence Wednesday and were taking him away for questioning over his short-lived imposition of martial law. A warrant to detain Yoon was executed at 10:33 a.m., according to the Corruption Investigation Office for High-ranking Officials (CIO). Live TV footage showed [...]
SEOUL, Jan. 15 (Korea Bizwire) — The global market for electric vehicles (EVs) is expected to see significant growth this year driven by the plug-in hybrid electric vehicle (PHEV) segment, while the battery electric vehicle (BEV) segment may continue to face challenges, a think tank run by Hyundai Motor Group said Wednesday. Yang Jin-soo, head [...]
SEOUL, Jan. 15 (Korea Bizwire) — Gyeonggi Province has announced a comprehensive five-year plan worth 172.1 billion won to transform livestock waste management, focusing on resource recycling and environmental sustainability. The plan outlines 14 practical initiatives across three major areas: promoting eco-friendly scientific farming practices, diversifying waste recycling methods, and improving public perception of livestock waste [...]
SEOUL, Jan. 15 (Korea Bizwire) — An animal rights organization has condemned the city of Changwon for euthanizing numerous dogs shortly after consolidating three animal shelters into one, calling it an inhumane decision driven by space constraints. At a press conference held at Changwon City Hall on January 14, the Animal Empathy Alliance (unofficial translation) criticized [...]
SEOUL, Jan. 15 (Korea Bizwire) — The Seodaemun Museum of Natural History in Seoul announced on January 14 that it is launching a Native Seed Library, offering seeds of indigenous Korean crops including Ulleung chili peppers, Gyeonggi wheat, and Sunchang thorny eggplants. The initiative aims to preserve Korea’s native crops by distributing their seeds while raising [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea’s Sentencing Commission has finalized new sentencing guidelines for previously uncovered crimes, including animal abuse and sexual offenses against protected persons, with a public hearing scheduled for next month. The commission announced on January 14 that it had approved draft sentencing guidelines during its 136th meeting, covering sexual offenses, [...]
PARIS, Jan. 14 (Korea Bizwire) – Renault Group through its Mobilize brand and Autostrade per l’Italia through its subsidiary Free To X have signed a framework agreement to develop fast-charging infrastructure in Italy. As part of the transaction, Mobilize will acquire a significant stake in Free To X, a subsidiary of Autostrade per l’Italia, dedicated [...]
SEOUL, Jan. 14 (Korea Bizwire) — A notable shift in South Korea’s mobile phone market has seen carriers KT and LG Uplus significantly increase subsidies for the iPhone 16 series, influenced by the upcoming release of Samsung’s Galaxy S25 and the abolition of the Mobile Device Distribution Act. Some premium plan subscribers can now obtain even [...]
JEJU, Jan. 14 (Korea Bizwire) — The iconic Jeju Fire Festival will return to Saebyeol Oreum from March 14 to 16, 2025, but with a significant change: its signature ceremonial burning of hillside fields will be replaced by a virtual fire display combining media art and live performances, addressing previous environmental concerns. Jeju City announced on [...]