SEOUL, Dec. 24 (Korea Bizwire) — South Korea has broadened its official green taxonomy, recognizing new eco-friendly economic activities such as groundwater reuse, indoor air quality management, and refill station operations. The Ministry of Environment unveiled the revised framework during a government meeting on December 23, highlighting its growing importance for sustainable economic development. The [...]
SEOUL, Dec. 24 (Korea Bizwire) – South Korea’s government unveiled a set of measures on December 23 to enhance the competitiveness of its petrochemical industry, which has been grappling with a structural downturn fueled by global oversupply. Industry leaders welcomed the initiative, emphasizing the urgency of swift action to prevent a deeper crisis. Support for [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea’s top steelmaker POSCO Holdings Inc. said Tuesday it has been named the world’s most competitive steelmaker in a global industry report for the 15th consecutive year. In the annual assessment of 35 steelmakers worldwide, global steel information service provider World Steel Dynamics (WSD) gave POSCO the top [...]
SEOUL, Dec. 24 (Korea Bizwire) — Jaemin, a member of popular boy group NCT, has donated 100 million won (US$68,998) to UNICEF’s program for supporting children around the world, UNICEF Korea said Tuesday. The donation was made in the name of the K-pop group’s fandom, NCTzen Dream, it added. The funds were raised through the [...]
SEOUL, Dec. 24 (Korea Bizwire) — A former commander of the Defense Intelligence Command (DIC) suspected of being involved in President Yoon Suk Yeol’s botched martial law bid was referred to the prosecution on insurrection charges, officials said Tuesday. A joint investigation team referred retired Army Maj. Gen. Noh Sang-won to the Seoul Central District [...]
SEOUL, Dec. 24 (Korea Bizwire) — More than 3,000 North Korean troops have been killed or wounded in Russia’s western frontline region of Kursk, Ukrainian President Volodymyr Zelenskyy has said, raising concern about the potential deployment of additional North Korean troops and equipment to Russia. Zelenskyy unveiled the figure Monday on the social media platform [...]
SEOUL, Dec. 24 (Korea Bizwire) — The Korean historical drama “Harbin” has garnered over 550,000 advance ticket reservations, signaling strong potential for box-office success. Approximately 554,000 tickets have been booked for the film as of 8:50 a.m. Tuesday, the release day, accounting for 56.2 percent of all advance ticket sales for movies currently showing in [...]
SEOUL, Dec. 24 (Korea Bizwire) — Scientists have discovered that lithium, a key component in electric vehicle batteries, could be effective in treating Autism Spectrum Disorder (ASD), according to new research announced on December 23. A team led by Kim Eunjoon at the Institute for Basic Science’s (IBS) Center for Synaptic Brain Dysfunctions has uncovered how [...]
SEOUL, Dec. 24 (Korea Bizwire) — Subzero temperatures, bolstered by strong winds, gripped the country Tuesday, with the cold wave expected to continue through the Christmas holiday. Morning temperatures were forecast to hover around minus 10 C in the central inlands and mountainous regions of Gangwon Province, as well as the inlands of North Gyeongsang [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea has revised a maritime resource development rule to offer more business predictability for investors in an ongoing project to search for oil and gas in the East Sea, the industry ministry said Tuesday. The revised enforcement decree on submarine mineral resources development was passed during a Cabinet [...]