SEOUL, Aug. 3 (Korea Bizwire) — Controversy is brewing over Automobili Lamborghini S.p.A.’s policy of not refunding deposits to customers who cancel their purchases after signing contracts for new cars. According to industry sources, the Italian luxury sports car maker recently asked South Korean customers committed to purchasing models like the Urus and Huracan to [...]
SEOUL, Aug. 3 (Korea Bizwire) — The share of frail senior citizens in the elderly population in South Korea has significantly declined amid rapid population aging, a study showed Wednesday. A joint research team from Asan Medical Center and Chonnam National University Hospital analyzed the health of 17,784 individuals aged over 65 during the period [...]
GWANGJU, Aug. 3 (Korea Bizwire) — A joint research team from the Gwangju Institute of Science and Technology and Chonnam National University Hospital announced on Wednesday the development of a new patch that can treat myocardial infarction by applying gel to the heart. The myocardial patch provides physical support to the heartbeat, preventing the thinning [...]
SEOUL, Aug. 3 (Korea Bizwire) — The government plans to allocate a budget of 10 billion won (US$7.71 million) this year to partially subsidize the installation of doors on open-type refrigerators at supermarkets and convenience stores. The Ministry of Trade, Industry and Energy said Wednesday it will start accepting applications for participation in the refrigerator [...]
PHOENIX, Aug. 2 (Korea Bizwire) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space and storage solutions, today announced second quarter 2023 results and provided an update on operations and the current market environment, including the following highlights: Second quarter revenue increased [...]
ORLANDO, Fla., Aug. 2 (Korea Bizwire) — Certiport, a Pearson VUE business, today announces that the winners of the 2023 Microsoft Office Specialist and Adobe Certified Professional National Championships. 2023 Microsoft Office Specialist (MOS) World Championship The winners of the 2023 Microsoft Office Specialist (MOS) World Championship have been announced by Certiport, the leading provider [...]
BUAN, Aug. 2 (Korea Bizwire) — The 25th World Scout Jamboree officially took off Wednesday, with about 43,000 young Scouts from 158 countries gathered at a massive campsite in Saemangeum Reclaimed Area on the southwestern coast. The opening ceremony for the world jamboree, dubbed the “cultural Olympics for youth,” began with representative Scouts taking an [...]
SEOUL, Aug. 2 (Korea Bizwire) — LS Group signed an agreement with government entities Wednesday on its joint-venture project to build a 1.84 trillion-won (US$1.4 billion) battery precursor plant in a southwestern industrial park. LS signed the investment agreement with Saemangeum Development and Investment Agency, the North Jeolla Province government, the Gunsan City government and [...]
SEOUL, Aug. 2 (Korea Bizwire) — Samsung Bioepis Co., a biosimilar medicine developer under Samsung Group, has been in talks with Biogen Inc. to buy the U.S. biotech firm’s biosimilar business unit, industry sources said Wednesday. Through the deal with the Nasdaq-listed firm, Samsung Bioepis seeks to secure a direct sales network in the United [...]
SEOUL, Aug. 2 (Korea Bizwire) — The culture ministry said Wednesday it will run the Korean pavilion and host a K-pop concert during the 2023 World Scout Jamboree to help increase the participants’ awareness of the culture of the host country. The 25th edition of the world’s largest youth camping festival opened in Saemangeum, a [...]