SEOUL, April 7 (Korea Bizwire) — Hyundai Motor Group‘s social enterprise Easy Move will introduce a RV Ray remodeled vehicle which allows a driver to control the car while sitting on a wheelchair. Named the ‘Ray Easy Move,’ the car will be launched at the Seoul Motor Show on April 8, said Easy Move on April [...]
SEOUL, April 7 (Korea Bizwire) — The Korean smart home market increased by 24 percent last year. According to an announcement from the Korea Association of Smart Home (KASH) on April 5, the Korean smart home market reached 8.56 trillion won (US$ 7.85 billion) last year, which was an increase of 24.3 percent from 2013. [...]
SEOUL, April 7 (Korea Bizwire) — Louis Vuitton will hold a free exhibition entitled ‘Past, Present, Future,’ at D Tower in Gwanghwamun from May 1 to 17. The exhibition will feature works by Nicolas Ghesquière, who is the creative director of women’s clothing for Louis Vuitton. The works are divided according to 9 grand themes that inspired [...]
SEOUL, April 7 (Korea Bizwire) — The Korean government is mobilizing resources to support the Korean graphene industry, in a push to be the first dominating force in the global market, announcing on April 6 that it would achieve sales of 19 trillion won (US$ 17.4 billion) and create 50,000 jobs by 2025. To establish a [...]
SEOUL, April 7 (Korea Bizwire) — South Korea’s national debt rose by 39 trillion won (US$35.9 billion) in 2014 from a year earlier as the government engaged in expansionary spending to prop up the weak economy, the finance ministry said Tuesday. According to the 2014 settlement of accounts, the national debt that covers the central [...]
SEOUL, April 7 (Korea Bizwire) — South Korean tech giant Samsung Electronics estimated its first-quarter operating profit at 5.9 trillion won (US$5.44 billion) on Tuesday, which beat a market consensus and pointed to a recovery in its earnings. The operating profit was up 11.53 percent from the 5.29 trillion won for the October-December period of 2014 [...]
SEOUL, April 6 (Korea Bizwire) — Mini-plant pots are gaining popularity, as city residents can satisfy their green thumbs at their homes and offices without having to deal with the complications associated with taking care of big plants. According to a report by online retailer 11st Street on March 5, sales of mini-plant pots through [...]
SEOUL, April 6 (Korea Bizwire) — Seoul city is set to develop ‘pocket parking lots,’ parking lots established in the lane nearest to the sidewalks, in 14 districts in order to resolve problems of illegal parking in crowded areas, said city officials on April 5. The government will first establish a pocket parking lot in [...]
SEOUL, April 6 (Korea Bizwire) — A site that was once planned to be used for the Osong Biovalley landfill in Cheongju has turned into a wetland that is rich in biodiversity, after seven years of sitting unattended. The Cheongwon County Office bought the site in December 2007 to establish a landfill, but has since left [...]
SEOUL, April 6 (Korea Bizwire) – The Seoul Motor Show, which kicked off last Friday, has attracted more than 230,000 people eager to see the latest automobile trends in just three days. A total of 234,000 people have already visited the event, which will be held until April 12 at the Korea International Exhibition Center [...]