Korea Bizwire, Author at Be Korea-savvy | Page 35 of 4254
From the Blue Sea to Sky, Taste Freshness Onboard VistaJet

From the Blue Sea to Sky, Taste Freshness Onboard VistaJet

New York, Aug. 22 (Korea Bizwire) – VistaJet, the first and only global business aviation company, is proud to announce its partnership with one of the finest seafood restaurants in the world, estiatorio Milos. Since its inception in 2004, VistaJet has grown to become a world-leading brand known for its commitment to delivering outstanding service through continual investment and [...]

Conagen Innovates Novel Natural-source Retinol for Cosmetic Formulations

Conagen Innovates Novel Natural-source Retinol for Cosmetic Formulations

Bedford, Mass., Aug. 22 (Korea Bizwire) – Conagen, the bioplatform innovator and biomanufacturer, has developed a first-of-its-kind, natural-sourced class of sustainable retinol derivative ingredients through precision fermentation. This achievement in new retinol active ingredients reshapes beauty and personal care applications. “Conagen is ready to commercialize these retinoid ingredients in 2024,” said VP of Flavors and Fragrances, Yisheng [...]

Viral Justice: The Controversial World of Vigilante YouTubers

Viral Justice: The Controversial World of Vigilante YouTubers

SEOUL, Aug. 22 (Korea Bizwire) — The so-called “vigilante YouTubers” are gaining popularity due to their determination to locate criminals and unveil the truth on behalf of law enforcement authorities. However, concerns arise that such actions might provoke witch-hunts or lead citizens to take the law into their own hands, fueled by violent video footage [...]

Young South Koreans Struggle to Cover Microloan Interest Payments

Young South Koreans Struggle to Cover Microloan Interest Payments

SEOUL, Aug. 22 (Korea Bizwire) — A growing number of young South Koreans are struggling to cover even modest monthly interest payments due to job instability, data showed Tuesday. Some 24.5 percent of South Koreans in their 20s, who availed microloans for their sustenance, faced difficulties in meeting interest obligations as of Aug. 4, according [...]

S. Korea’s Coffee Imports Decline Due to Global Production Slump

S. Korea’s Coffee Imports Decline Due to Global Production Slump

SEOUL, Aug. 22 (Korea Bizwire) — South Korea’s coffee imports have declined this year due to reduced global production, dampening the growth driven by coffee’s popularity in the country. The value of coffee imports for the country totaled US$646.7 million in the January-July period, marking a 9.5 percent decrease compared to the previous year, according [...]

Household Credit Soars in Q2 Despite High Borrowing Costs

Household Credit Soars in Q2 Despite High Borrowing Costs

SEOUL, Aug. 22 (Korea Bizwire) — South Korea’s household credit soared in the second quarter of the year amid high interest rates as home purchases gathered steam, central bank data showed Tuesday. Outstanding household credit reached 1,862.8 trillion won (US$1.38 trillion) at the end of June, up 9.5 trillion won from three months earlier, according [...]

Japan to Start Fukushima Water Release Thursday

Japan to Start Fukushima Water Release Thursday

TOKYO, Aug. 22 (Korea Bizwire) — Japanese Prime Minister Fumio Kishida said Tuesday that Japan will begin to discharge treated radioactive water from its crippled Fukushima nuclear power plant Thursday, despite lingering safety concerns. The controversial decision came after the International Atomic Energy Agency (IAEA) gave final approval to the discharge last month, saying Japan’s [...]

S. Korean Shipbuilders’ New Orders Up 11.9 pct in H1

S. Korean Shipbuilders’ New Orders Up 11.9 pct in H1

SEOUL, Aug. 22 (Korea Bizwire) — New orders won by South Korean shipbuilders jumped 11.9 percent in the first half of 2023 on the back of rising demand for high-priced vessels, the industry ministry said Tuesday. The country’s shipbuilders secured orders worth US$9.29 billion in the January-June period, compared with $8.24 billion a year earlier, [...]