SEOUL, April 3 (Korea Bizwire) — Korean researchers opened a new door to recycling livestock blood from fallen farm animals, as the disposal of livestock blood into marine waters is no longer permitted under the 2013 Animal By-Products Regulations. The Korea Testing Laboratory (KTL) has developed a method of fabricating amino acid fertilizers from livestock [...]
SEOUL, April 3 (Korea Bizwire) — The ‘Hyeri Lunchbox,’ a convenience store lunch box line that features the likeness of Girl’s Day’s Hyeri, has seen sales of 500,000 units since it was first launched three weeks ago. Convenience store chain Seven Eleven released two lunch boxes on March 12, both featuring Hyeri, and they have topped [...]
ILSAN, South Korea, April 3 (Korea Bizwire) — The Seoul Motor Show, the largest auto event in South Korea, kicked off on April 3 with about 30 local and foreign automakers competing to draw the spotlight to their latest cars and new technologies. The carmakers will display some 370 cars during the biennial event to [...]
SEOUL, April 3 (Korea Bizwire) — South Korean rapper Psy will soon release an album containing Chinese versions of his lesser known songs to reach out to more Chinese fans, his local management agency said. Unlike his global hits “Gangnam Style” and “Gentleman,” the tracks on the new album, including “Paradise,” “The End” and “What [...]
SEOUL, April 3 (Korea Bizwire) — Samsung Electronics, South Korea’s tech giant, has launched its quantum dot-based TV in the United States, the company said Friday, as it kicks off the global sale of its latest premium lineups. Samsung unveiled the quantum dot TV, also dubbed the SUHD TV, before the press at a launching [...]
ULSAN, April 2 (Korea Bizwire) – Ulsan Metropolitan City is promoting a special campaign to improve citizens’ health by urging them to kick jegi, a Korean-style shuttlecock. The city government expects that the campaign will contribute to the prevention of obesity and chronic diseases. For the campaign, the city will place 22 jegi boxes around the [...]
SEOUL, April 2 (Korea Bizwire) – The wage gap between executives and ordinary workers has continued to increase dramatically in Korea, as the disparity in salaries at the top 30 listed companies reached up to 142 times last year. According to FNGuide, a financial information provider, Samsung Electronics topped the wage disparity among the 30 largest [...]
SEOUL, April 2 (Korea Bizwire) – To keep social enterprises operating on solid financial grounds, an incentive system offering monetary support based on their performance will be introduced. SK Group, the Korea Social Enterprise Promotion Agency, Korea Social Investment and the Research Institute for Social Enterprises recently formed a task force to assess the social [...]
“Our annual full production capacity stands at 250,000 units, but we produce 150,000 units, only 60 percent of the capacity. The first and immediate objective is to maximize the production capacity and I believe our main export market is Europe where we intend to further strengthen our foothold.” “Our basic plan is to find economically [...]
SEOUL, April 2 (Korea Bizwire) — South Korean boy band Big Bang will go on a world concert tour starting in Seoul this month, its management agency said Thursday. The band will put on some 70 concerts in 15 countries around the world, including the Americas, through next year before some 1.4 million fans, YG Entertainment [...]