SEOUL, Sept. 12 (Korea Bizwire) – In a bid to boost employee morale and bridge generational gaps, several South Korean companies are turning to an unlikely source: e-sports tournaments. These in-house gaming competitions are becoming increasingly popular as a means to promote teamwork and create a more relaxed corporate culture. Hyundai Wia, a leading automotive parts [...]
SEOUL, Sept. 12 (Korea Bizwire) — Prime Minister Han Duck-soo on Thursday strongly denounced a “blacklist” of emergency room doctors drawn up to name and shame those not participating in the walkout by junior doctors, vowing to take stern action against those responsible. The list contains personal information and malicious comments about emergency room physicians [...]
SEOUL, Sept. 12 (Korea Bizwire) — South Korea will host the top annual Asian football awards ceremony for the first time in October, the sport’s national governing body said Thursday. The Korea Football Association (KFA) said the Asian Football Confederation (AFC) Annual Awards will take place at Grand Peace Hall on the Seoul campus of [...]
DAEJEON, Sept. 12 (Korea Bizwire) – The Korea Institute of Energy Research (KIER) has announced a breakthrough in urban electrification technology, leveraging artificial intelligence to stabilize renewable energy grids in cities. The development, announced on September 11, marks a significant step towards sustainable urban environments and carbon neutrality. Urban electrification, the process of transitioning city energy [...]
SEOUL, Sept. 12 (Korea Bizwire) — Hanwha Group, a South Korean defense-to-insurance conglomerate, said Thursday it plans to pay 600 billion won (US$447.8 million) for a controlling stake in the Singaporean offshore plant firm Dyna-Mac Holdings. The group’s two defense and shipbuilding affiliates, Hanwha Aerospace Co. and Hanwha Ocean Co., will make a cash tender [...]
DONGHAE, Sept. 12 (Korea Bizwire) – The coastal city of Donghae in Gangwon Province has launched a series of smart bus shelters equipped with Internet of Things (IoT) technology, marking a significant upgrade to its public transportation infrastructure. City officials announced on September 11 that the new shelters, which go beyond traditional waiting areas, are designed [...]
SEOUL, Sept. 12 (Korea Bizwire) — The Nuclear Safety and Security Commission (NSSC) on Thursday granted a construction permit for two new nuclear reactors on the east coast of South Korea, eight years after the application was submitted. At its regular meeting, the NSSC approved proposals from Korea Hydro & Nuclear Power Co. to build [...]
SEOUL, Sept. 12 (Korea Bizwire) — South Korea will provide Vietnam with US$2 million in humanitarian assistance to help cope with the aftermath of a strong typhoon that killed more than 150 people, the foreign ministry said Thursday. The government hopes that the provision will help with the recovery efforts and help the affected residents [...]
SEOUL, Sept. 12 (Korea Bizwire) — Viewed on its own merit, “I, the Executioner” works well as a standalone film, rather than a sequel to the 2015 crime-action hit “Veteran.” However, its predecessor set a standard that is hard to match. Packed with adrenaline-pumping, edge-of-your-seat action that fans of director Ryoo Seung-wan, known for his reputation [...]
SEOUL, Sept. 12 (Korea Bizwire) – Krafton, the South Korean video game powerhouse behind global hit “PlayerUnknown’s Battlegrounds,” is making a significant pivot into the rapidly growing short-form drama market, signaling a major diversification effort for the company. On September 11, Krafton announced a 120 billion won equity investment in Spoonlabs, a company known for its [...]