SEOUL, Dec. 19 (Korea Bizwire) — The Seoul city government on Thursday announced a list of civic representatives to take part in the bell-ringing ceremony in downtown Seoul at midnight on New Year’s Eve. The 11 civic bell ringers were selected from among some 90 people recommended by the public last month for overcoming adversity [...]
SEOUL, Dec. 19 (Korea Bizwire) — South Korea’s spy agency on Thursday said at least 100 North Korean troops dispatched to Russia for combat in Ukraine were killed and 1,000 injured, according to a lawmaker. In a closed-door briefing to the parliamentary intelligence committee, the National Intelligence Service (NIS) also said the Russian military has [...]
SEOUL, Dec. 19 (Korea Bizwire) – The Korea Institute of Science and Technology (KIST) announced on December 18 that its team, led by senior researcher Kwak Sona from the Intelligent Interaction Research Center, received the top award in the Innovative Prototype category at the International Conference on Social Robotics (ICSR). Their winning entry, the oOoBOT, [...]
SEOUL, Dec. 19 (Korea Bizwire) – Nearly one-third of South Korea’s small and medium-sized exporters report being negatively impacted by the country’s ongoing political turmoil, according to a survey conducted by the Korea Federation of SMEs. The survey, conducted from December 10 to 13 among 513 exporting SMEs, revealed that 26.3% of respondents had experienced [...]
SEJONG, Dec. 19 (Korea Bizwire) – Less than 20% of South Koreans moved up the income ladder in the past year, according to new data released by Statistics Korea on December 17, highlighting growing concerns about social mobility in the country. The comprehensive “Income Mobility Statistics 2017-2022″ report, which analyzed data from 11 million individuals, reveals [...]
SEOUL, Dec. 19 (Korea Bizwire) – The Korea Consumer Agency (KCA) announced on December 18 that domestic brands demonstrated superior value for money in a comprehensive quality and safety evaluation of 10 wireless headphone models currently available in the market. The evaluation covered a wide range of models across different price points and countries of origin: [...]
LONDON, Dec. 18 (Korea Bizwire) — Emerging Markets Global Advisory LLP (EMGA) announces today they have secured US$90M debt finance for their long-standing Brazil-based client, BTG Pactual. The US$90 million senior unsecured loan was provided by EIB and the transaction follows on from a very recent transaction also advised by EMGA for USD$210m. Sajeev Chakkalakal, [...]
The artwork, originally lost in a fire in 1734, has been brought back to life through cutting-edge AI technology KANSAS CITY, Kan., Dec. 18 (Korea Bizwire) — The painting was part of the collection the 11 Caesars of titian and was painted between 1536 and 1540. in 1734 This portrait, lost in a fire at [...]
Volatile Organic Compound/Ozone Converter (VOZC) is the latest technology to limit levels of a wide range of VOCs in cabin air and ozone Airlines can improve aircraft operational reliability as well as passenger and flight crew comfort by mitigating odors entering the cabin ISELIN, N.J., Dec. 18 (Korea Bizwire) — A new Volatile Organic Compound/Ozone [...]
SEJONG, Dec. 18 (Korea Bizwire) – South Korea’s foreign workforce has reached a historic milestone, surpassing 1 million workers for the first time, with nearly half employed in mining and manufacturing sectors, according to government data released December 17. A Statistics Korea report on immigrant residency and employment showed that as of May, the number of [...]