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Hyundai Unveils its Brand New Sonata Hybrid

Hyundai Unveils its Brand New Sonata Hybrid

SEOUL, Dec. 17 (Korea Bizwire) – Hyundai Motor rolled out its all-new Sonata Hybrid featuring state-of-the-art technology and future-oriented design on December 16 in Seoul. The Sonata Hybrid was reborn with higher driving performance and premium design, after 27 months of development and an investment of 180 billion won (US$164 million) by the world’s fifth largest [...]

Korean Consumers’ Choice, Large Retailers or Local Markets?

Korean Consumers’ Choice, Large Retailers or Local Markets?

SEOUL, Dec. 16 (Korea Bizwire) — Six large retailers including Lotte Mart, E-Mart and Home Plus filed a petition against two Seoul districts, claiming that the ordinances restricting operating hours or mandating the closure of supermarkets every other Sunday were discriminatory. On December 12, Seoul High Court ruled in favor of the plaintiffs, saying that the ordinances [...]

Taurine May Be Effective in Treating Alzheimer’s

Taurine May Be Effective in Treating Alzheimer’s

SEOUL, Dec. 16 (Korea Bizwire) — Researchers from the Korea Institute of Science and Technology (KIST) have discovered that taurine may be effective in treating Alzheimer’s disease, according to a December 14 announcement. Taurine, an amino acid which occurs naturally in squid and octopus, is commonly available as a dietary supplement that supports neurological development and [...]

Aviation Agreement Facilitates Export of Korean Four-Passenger Jet to Turkey

Aviation Agreement Facilitates Export of Korean Four-Passenger Jet to Turkey

SEOUL, Dec. 16 (Korea Bizwire) – With an aviation-related certification agreement between Korea and Turkey, the Korean made KC-100 four-passenger jet is ready to take to the sky in Turkey. On December 15, the Ministry of Land, Infrastructure and Transport announced that it signed an MOU with Turkey’s Directorate General of Civil Aviation on the mutual recognition [...]