Korea Bizwire, Author at Be Korea-savvy | Page 34 of 722
Luxury Hotels Bet on Kimchi as Subscription Services Take Off

Luxury Hotels Bet on Kimchi as Subscription Services Take Off

SEOUL, March 12 (Korea Bizwire) — Premium kimchi products branded by major hotels are enjoying steady popularity, prompting businesses to expand their operations by introducing subscription services. According to hotel industry sources on March 11, Josun Hotels & Resorts launched a Premium Kimchi Subscription Service on March 7. The service delivers kimchi to subscribers on a [...]

HD Hyundai Heavy, TerraPower Forge Partnership to Work on Supply Chain, Commercialization of Natrium Plants

HD Hyundai Heavy, TerraPower Forge Partnership to Work on Supply Chain, Commercialization of Natrium Plants

SEOUL, March 12 (Korea Bizwire) — HD Hyundai Heavy Industries Co., a major South Korean shipbuilder, said Wednesday it has signed a strategic cooperation agreement with TerraPower LLC, a nuclear power startup founded by Bill Gates, to expand the manufacturing supply chain for power plants featuring sodium-cooled reactors. Under the partnership, the two companies will [...]

U.S. Group Calls on Trump Gov’t to Seek Removal of S. Korea’s 30-month Age Restriction on U.S. Beef

U.S. Group Calls on Trump Gov’t to Seek Removal of S. Korea’s 30-month Age Restriction on U.S. Beef

WASHINGTON, March 11 (Korea Bizwire) — The U.S. nationwide cattlemen’s group asked the Trump administration Tuesday to help lift South Korea’s import ban on American beef from cattle aged 30 months or older, noting that similar curbs have been lifted in China, Japan and Taiwan. The National Cattlemen’s Beef Association (NCBA) sent its comments to [...]

S. Korea’s Energy Consumption Grows at Slower-than-average Pace in 2022 on Pandemic

S. Korea’s Energy Consumption Grows at Slower-than-average Pace in 2022 on Pandemic

SEOUL, March 12 (Korea Bizwire) — South Korea’s energy consumption grew at a sharply slower pace in 2022 than in previous years mainly due to limited transportation during the COVID-19 pandemic and lower demand from households, the industry ministry said Wednesday. The country’s overall energy consumption stood at 230 million tons of oil equivalent (TOE) [...]

Gov’t Will Work to Allow Extension of Work Hours for Semiconductor Workers: Acting President

Gov’t Will Work to Allow Extension of Work Hours for Semiconductor Workers: Acting President

SEOUL, March 12 (Korea Bizwire) — Acting President Choi Sang-mok said Wednesday the government will work to allow semiconductor workers to put in extra hours when needed and adopt measures to foster the development of new technologies and industries to ensure the country’s sustainable growth amid intensifying global competition. Choi made the remarks at a [...]

South Korea Plans Major Investment Boost in Age Tech Innovation

South Korea Plans Major Investment Boost in Age Tech Innovation

SEOUL, March 12 (Korea Bizwire) — The South Korean government has announced plans to significantly increase research and development funding for age tech services, which currently accounts for just 1% of total R&D spending, as part of its strategy to address the challenges of an aging society. The Presidential Committee on Ageing Society and Population Policy [...]