BUSAN, Aug. 17 (Korea Bizwire) — A regional court on Thursday dismissed a lawsuit filed by an association of civic groups to stop the planned release of contaminated water from Japan’s crippled Fukushima nuclear power plant. A coalition of 166 civic groups in the southeastern port city of Busan filed the lawsuit in April 2021 [...]
SEOUL, Aug. 17 (Korea Bizwire) — U.S. tech giant Google has invested a cumulative 118 billion won (US$87.9 million) to incubate nearly 500 South Korean startups and help them go abroad, a company official said Thursday. Google’s ChangGoo Program — launched in 2019 in cooperation with the Ministry of SMEs and Startups — is aimed [...]
SEOUL, Aug. 17 (Korea Bizwire) — SK E&S Co., the natural gas power unit of South Korea’s SK Group, signed a preliminary agreement with a local utility company Thursday for a partnership on the production and utilization of green hydrogen. Under the memorandum of understanding with the Korea Southern Power Co. (KOSPO), they will work [...]
SEOUL, Aug. 17 (Korea Bizwire) — A South Korean volunteer fighter indicted for entering Ukraine in 2022 to fight against Russia’s invasion in violation of the passport law was given a suspended prison sentence by a court Thursday. The Seoul Central District Court sentenced Rhee Keun, a Navy SEAL-turned-YouTuber, to a prison term of one [...]
BUSAN, Aug. 17 (Korea Bizwire) – Construction on the long-delayed Busan Lotte Tower began with a groundbreaking ceremony in the southeastern port city Thursday. Lotte Shopping Co., the retail affiliate of Lotte Group, held the groundbreaking ceremony for the 67-story, 342.5-meter skyscraper to be built on the former site of Busan City Hall in the [...]
SEOUL, Aug. 17 (Korea Bizwire) — South Korea’s car exports jumped 15 percent on-year in July on the back of solid global demand for eco-friendly cars, the industry ministry said Thursday. The value of outbound shipments of automobiles came to US$5.9 billion last month, compared with $5.14 billion a year earlier, according to data from [...]
SEOUL, Aug. 17 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, on Thursday launched the face-lifted Sorento in the domestic market to beef up its SUV lineup. The upgraded Sorento comes with a 2.5-liter gasoline turbocharged, a 2.2-liter diesel, or a 1.6-liter turbocharged gasoline hybrid engine, the company said in a statement. [...]
SEOUL, Aug. 17 (Korea Bizwire) – South Korea has provided Hawaii with food and other emergency supplies to help cope with a series of devastating wildfires that recently ravaged the island of Maui, Seoul’s foreign ministry said Thursday. Lee Seo-young, South Korean consul general in Honolulu, expressed hopes for Hawaii’s speedy recovery as he delivered [...]
SEOUL, Aug. 17 (Korea Bizwire) — The autumn nighttime guided tours of the ancient Changdeok Palace, one of the most popular tourist attractions in Seoul, will begin next month, the cultural heritage authorities said Thursday. “The Moonlight Tour at Changdeokgung Palace” will run from Sept. 7 through Oct. 22, two times a day from every [...]
SEOUL, Aug. 17 (Korea Bizwire) — HMM Co. said Thursday it has clinched the top spot in a recent environmental, social and corporate governance (ESG) rating of major shipping firms around the world. South Korea’s No. 1 container shipper said it has obtained a “low” grade of 15.4 points in the rating conducted by Sustainalytics, [...]