SEOUL, Dec. 21 (Korea Bizwire) – Starting March 2025, individuals caught feeding wildlife such as pigeons and magpies in Seoul’s urban parks and Han River parks will face fines of up to 1 million won ($760). This measure, part of the newly passed Ordinance on Prohibition of Feeding Harmful Wildlife, aims to mitigate ecological and urban [...]
SUWON & SEJONG, Dec. 20 (Korea Bizwire) – South Korea’s National Farmers Federation (Jeonnong) is pressing ahead with a tractor-led protest march to Seoul, demanding the arrest of President Yoon Suk Yeol and addressing agricultural issues, despite a police ban citing potential traffic disruption. Tensions are rising as the protest coincides with public anger over the [...]
The global leader in innovation-led brand storytelling, INVNT®, celebrates a transformative 2024, redefining brand storytelling for iconic brands like General Motors, Oracle, Live Nation, Samsung, Netflix, SXSW, Amazon, and more. New York, NY, Dec. 20, 2024 (Korea Bizwire) – INVNT®, the global leader in innovation-led brand storytelling, marks a year of transformative growth across international [...]
MONACO, Dec. 20, 2024 (Korea Bizwire) – The curtain falls on 2024 at the Yacht Club de Monaco. As tradition goes, the YCM Awards took place Wednesday evening, endowed with the prestigious UBS Trophy, gathering the large family of the Club under the presidency of HSH Prince Albert II of Monaco. Every year this event [...]
~Acquisition provides Woodward industry-proven electromechanical technology platform for next generation aircraft. It is a step forward for Safran towards the acquisition of Collins Aerospace actuation and flight control activities~ FORT COLLINS, Colo. and PARIS, Dec. 20, 2024 (Korea Bizwire) – Woodward (NASDAQ: WWD), a global leader in aerospace and industrial energy control solutions, announced today [...]
SEOUL, Dec. 20 (Korea Bizwire) – In a landmark decision, South Korea’s Supreme Court has held the state accountable for inadequate accessibility for people with disabilities, ordering compensation and setting a precedent for broader systemic reform. On December 19, the court ruled that the government must pay KRW 100,000 (approximately $70) in damages to each plaintiff [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korea’s potential growth rate is projected to fall below 2% next year, signaling challenges for the nation’s long-term economic sustainability, according to a report released by the Bank of Korea (BOK) on December 19. Without structural reforms in labor markets, birthrate improvement, and increased workforce participation by women and [...]
SEOUL, Dec. 20 (Korea Bizwire) – A former Samsung executive has been indicted for arranging the transfer of key semiconductor experts to a Chinese company in exchange for approximately ₩300 million ($207,000) in referral fees. The Seoul Central District Prosecutors’ Office announced the charges on December 20, citing violations of the Employment Security Act and the [...]
SEOUL, Dec. 20 (Korea Bizwire) – South Korea will admit 130,000 foreign workers under the Employment Permit System (EPS) in 2025, a 21% reduction from this year’s 165,000 quota, according to the Ministry of Employment and Labor. The decision reflects changing labor demand due to economic shifts and increased reliance on alternative visa programs, such as [...]
Amprion’s HVDC project, Korridor B, will transport wind energy from the North Sea coast to the Ruhr Region to provide power to 4 million people — HVDC Light® technology supports the TSO’s strategy to deliver Germany’s Net-Zero targets Zurich, Switzerland, Dec. 20, 2024 (Korea Bizwire) – Hitachi Energy has signed contracts totaling over 2 billion [...]