SEOUL, Oct. 4 (Korea Bizwire) – “Environmental friendliness is changing the landscape of the whole automobile industry.” This is what Volkswagen AG chairman Martin Winterkorn said after visiting the Paris Motor Show 2014 on October 2. Being green has indeed become the most important yardstick by which newly developed cars are judged today. In trade shows, participating car [...]
SEOUL, Oct. 4 (Korea Bizwire) – A study suggested the biggest threat to Koreans’ health is laziness and insufficient or too much sleep rather than excessive drinking and smoking or lack of exercise, as generally assumed. Park So-hyun, research staff with the Graduate School of Public Heath, Seoul National University, said this in her paper “Analysis [...]
SEOUL, Oct. 4 (Korea Bizwire) – A new color crayon product “Toru Glass Color” by Dong-A Pen Inc. is being sold in all locations of E-Mart stores nationwide from early October. The Toru Glass Color has been so popular among children that parents had to go to so many office supply stores to buy a 12-color [...]
SEOUL, Oct. 3 (Korea Bizwire) — Even if the darkness eats up the whole world, the sky is beautiful/That’s because there are stars out there/It’s just that stars come out when it’s dark and are invisible when it’s bright/We [handicapped poets] have been in the dark too long/We want to make our presence known as we can’t [...]
SEOUL, Oct. 3 (Korea Bizwire) — The wet wipe market in Korea has grown to 270 billion won (US$254 million), but controversies whether wet tissues are safe for human health are still raging on. Recently a news report caused stir among consumers as it exposed most wet wipe products sold in Korea contain “cetrimonium bromide,” an antiseptic [...]
SEOUL, Oct. 2 (Korea Bizwire) – The Korea Securities Depository will initiate a campaign, jointly with KB Kookmin Bank and Hana Bank, to find the owners of stock investment accounts and return the remaining balance in the dormant accounts. A Korea Securities Depository official said on October 1, “The three financial institutions will offer the service in support [...]
SEOUL, Oct. 2 (Korea Bizwire) – The government will change the procedure for applying for a new mobile telecom service operator as there have been many instances in which fly-by-night operators formed consortiums with like-minded business enterprises and made repeated applications. The Ministry of Science, ICT and Future Planning said on October 1 that a new electric and [...]
SEOUL, Oct. 2 (Korea Bizwire) – Korea EximBank said on October 1 that it would make a US$7.15-million investment in a hydroelectric power generation project on the Semangka River in Indonesia. The project is currently undertaken by the POSCO Engineering consortium.Including loans and guarantees, the state-run bank will support a total of $132.9 million in a project financing deal. [...]
SEOUL, Oct. 1 (Korea Bizwire) — The Korea Post said on September 30 that it would unveil on October 1 a new rate plan for its discount mobile phone service in commemoration of the first anniversary of the service’s launch. The plan charges no minimum monthly fee and imposes no set contract terms or early-termination charge. All [...]
SEOUL, Oct. 1 (Korea Bizwire) — Samsung Electronics has decided to adopt Microsoft Word as its official wordprocessor program within the company. On September 30, the company said that it would institute a move to Microsoft Word from Jungum Global (formerly “HunminJungum”) with three months’ transition period beginning on January 1, 2015. Samsung Electronics has for decades insisted [...]