Korea Bizwire, Author at Be Korea-savvy | Page 16 of 118
Jeju Fire Festival a Great Success

Jeju Fire Festival a Great Success

SEOUL, March 9 (Korea Bizwire) – The 2015 Jeju Fire Festival, a popular festival in which farmland is burned to kill weeds, wrapped up on March 8, after four days and 63 programs that were designed to demonstrate Jeju’s traditional pastoral culture. The grand burning, called ‘banggae,’ is a traditional agricultural and pastoral custom in Jeju. [...]

Software Contract Monitoring Introduced to Protect Suppliers

Software Contract Monitoring Introduced to Protect Suppliers

SEOUL, Mar. 9 (Korea Bizwire) — The Ministry of Science, ICT and Future Planning (MSIP) is going to run a demonstration project in a bid to promote fair payment customs for contract-awarding companies and software developers, according to a ministry statement from March 8. The ministry plans to apply rigorous rules to the process of awarding contracts [...]

Chinese Tourists’ Demand for Korean Tobacco Prompts Delays in Price Increases

Chinese Tourists’ Demand for Korean Tobacco Prompts Delays in Price Increases

SEOUL, Mar. 6 (Korea Bizwire) — The Korean government has postponed its plan to increase cigarette prices in tax-free stores, due to an increase in demand from Chinese tourists for Korean cigarettes, and a decrease in hoarding sprees that started with the cigarette price hike, according to an individual related to the Ministry of Strategy and Finance [...]

LG Electronics Earns Emission Reduction Credits in India

LG Electronics Earns Emission Reduction Credits in India

SEOUL, Mar. 6 (Korea Bizwire) — LG Electronics has earned Certified Emission Reduction credits (CER) from its India operations, which correspond to about 7,000 tons of carbon dioxide (CO2) emissions, approved by the UNFCCC. This is the first recognition for a home appliances company by the UNFCCC under the Clean Development Mechanism (CDM) of the Kyoto Protocol. [...]

Rice Bran Found to Inhibit Fat Gain in Mice

Rice Bran Found to Inhibit Fat Gain in Mice

  SEOUL, Mar. 6 (Korea Bizwire) —A Korean research team has discovered that rice bran has anti-obesity properties. The Rural Development Administration (RDA) and Chungbuk University research team led by Professor Lee Jun-Soo said on March 5 that a high-fat control group of laboratory mice and another group of mice injected with rice bran extract have [...]

Macallan Launches Mario Testino Master of Photography Limited Edition

Macallan Launches Mario Testino Master of Photography Limited Edition

SEOUL, Mar. 5 (Korea Bizwire) — Macallan, the single malt Scotch whisky company, has launched another 1,000 bottle limited edition Macallan, ‘Master of Photography 5,’ in collaboration with world famous fashion photographer Mario Testino. Testino chose Asian scenery for his photography that is featured in the limited edition box sets, for the first time in the ‘MOP [...]