SEOUL, Aug. 20 (Korea Bizwire) – Heroes who saved a Korean man whose leg was caught under a huge trailer in Singapore are visiting Korea. Kim, an office worker, was crossing the intersection of Bendemeer and Boon Keng when he was caught under a 12 meter long trailer after being hit. Locals who heard Kim scream [...]
SEJONG, Aug. 20 (Korea Bizwire) – It is now possible to delay the ripening of tomatoes by exposing them to certain sounds. The Office of Rural Development announced that they have developed a method to postpone the ripening of tomatoes after they are harvested by using sound waves. The research team exposed green tomatoes for [...]
Correction: In the previous article, we reported that the Office of Legislation would decide the consequences of the illegality of Coupang’s Roket Delivery service by the end of August. However, the office said that it is currently deliberating the issue but the time is not fixed by the end of August. SEOUL, Aug. 20 (Korea Bizwire) [...]
WASHINGTON, Aug. 20 (Korea Bizwire) — The U.S. trade watchdog has launched an anti-dumping investigation into allegations that South Korea and six other foreign countries sell hot-rolled steel flat products in the U.S. at unfairly low prices. The U.S. International Trade Commission posted a notice in the Federal Register saying it has instituted the investigation to [...]
SEOUL, Aug. 20 (Korea Bizwire) — An arrest warrant for a former lawmaker and husband of President Park Geun-hye‘s cousin was issued Wednesday over bribery-taking suspicions, court officials said. The Uijeongbu District Court approved the arrest of the 77-year-old, identified only by his surname Yoon, citing fear of flight or destruction of evidence. Yoon is [...]
“Unfortunately, we are living in a world where every big event, be it sport or otherwise, has challenges with regard to security. We have full confidence in the authorities of (South) Korea who are responsible for their security and security risks from North Korea may not affect the 2018 Winter Olympic Games. IOC will ensure [...]
SEOUL, Aug. 19 (Korea Bizwire) – Watergun festivals are creating a buzz all over the country as a multitude of such events were held during the summer. The Sinchon Watergun Festival took place at Yeonseiro on July 25 and 26. It was the third year of the event. Sinchon was in chaos for two days. [...]
SEOUL, Aug. 19 (Korea Bizwire) – A festival where five different types of new Pansori will be presented is scheduled to open next month. It will be the first Korean traditional musical festival hosted by Pansori Factory Floor Sound, and will open at the Dream Forest Arts Center from September 17 to October 4. The new [...]
SEOUL, Aug. 19 (Korea Bizwire) – Korea’s second quarter economic growth has turned out to be much lower than expected. Even countries going through economic difficulties showed a higher growth rate than Korea. There are concerns that if the Korean economy stays this way, the country might become a bit player in global competition. According [...]
“Even if the United States marks up its key interest rate, such a move will not automatically lead to South Korea taking similar measures. The Bank of Korea is expected to make its decision on rates based on various developments.” “The government is keeping a close watch on the situation as a rise in the [...]