Korea Bizwire, Author at Be Korea-savvy | Page 193 of 722
Kia Slows U.S. Production of Electric SUV Amid Battery Rules and Policy Uncertainty

Kia Slows U.S. Production of Electric SUV Amid Battery Rules and Policy Uncertainty

SEOUL, Nov. 18 (Korea Bizwire) – Kia has significantly scaled back production of its EV9 electric SUV at its Georgia plant, as the automaker navigates stricter U.S. tax credit requirements and awaits the completion of local battery manufacturing facilities. According to Kia’s sales data, only 21 EV9s were produced at the Georgia plant through the third [...]

S. Korea’s Homegrown Long-range Radar Approved for Combat Suitability

S. Korea’s Homegrown Long-range Radar Approved for Combat Suitability

SEOUL, Nov. 18 (Korea Bizwire) — A new long-range radar system developed with homegrown technology has been approved for combat suitability, the state arms procurement agency said Monday, with the equipment expected to bolster surveillance of aircraft in the country’s air defense identification zone (KADIZ). The new radar system is capable of conducting around-the-clock surveillance [...]

Railway Workers Launch Work-to-rule Protest; Subway Services Delayed

Railway Workers Launch Work-to-rule Protest; Subway Services Delayed

SEOUL, Nov. 18 (Korea Bizwire) — Railway workers launched a “work-to-rule” protest Monday, causing delays in subway services in the capital area, railway officials said. The labor slowdown was launched by the Korean Railway Workers’ Union to demand higher pay and a bigger workforce, with plans to begin an indefinite general strike early next month. [...]

N. Korea Sends Trash-carrying Balloons to S. Korea for 1st Time in 3 Weeks

N. Korea Sends Trash-carrying Balloons to S. Korea for 1st Time in 3 Weeks

SEOUL, Nov. 18 (Korea Bizwire) — North Korea again sent balloons carrying trash toward South Korea on Monday, the military here said, resuming its balloon campaign after about a three-week hiatus. North Korea floated some 40 balloons in the early hours, with approximately half of them falling in the Seoul metropolitan area and surrounding Gyeonggi [...]

HD Korea Shipbuilding Wins 340.3 Bln-won Order for 2 Gas Carriers

HD Korea Shipbuilding Wins 340.3 Bln-won Order for 2 Gas Carriers

SEOUL, Nov. 18 (Korea Bizwire) — HD Korea Shipbuilding & Offshore Engineering Co., a major South Korean shipyard, said Monday it has secured a 340.3 billion-won (US$244.7 million) order to build two very large gas carriers (VLGCs) from an Asia shipper. HD Hyundai Heavy Industries Co., one of HD Korea Shipbuilding’s three shipbuilding units, will [...]

Seoul Seeks to Hire Foreigners as Village Bus Drivers

Seoul Seeks to Hire Foreigners as Village Bus Drivers

SEOUL, Nov. 18 (Korea Bizwire) — The Seoul city government said Monday it will push to hire foreigners as “maeul” bus drivers to cope with a chronic manpower shortage in the transportation sector. Maeul buses, or village buses in English, operate on very short routes within local areas to connect residents to nearby major bus [...]

Gov’t Designates Korea Zinc’s High-nickel Precursor as Nat’l Core Technology amid Battle for Management Control

Gov’t Designates Korea Zinc’s High-nickel Precursor as Nat’l Core Technology amid Battle for Management Control

SEOUL, Nov. 18 (Korea Bizwire) – The government has designated Korea Zinc Co.’s high-nickel precursor manufacturing technology as a national core technology amid a tussle for control of the world’s biggest refined zinc producer, according to the company Monday. Korea Zinc has been in a monthslong battle to fend off a takeover bid by its [...]