Korea Bizwire, Author at Be Korea-savvy | Page 77 of 4254
Vacationers Flock to Beaches and Mountains to Escape Summer Heat

Vacationers Flock to Beaches and Mountains to Escape Summer Heat

SEOUL, July 31 (Korea Bizwire) — With the summer heat reaching 35 degrees Celsius on Sunday, leading to a nationwide heat wave warning, the country’s popular beaches and festivals teemed with vacationers. Busan’s Haeundae Beach welcomed 270,000 visitors while Gwangalli Beach received 140,000 people on the previous day. The city’s seven public beaches, in total, [...]

CJ Cheiljedang Sells Off Chinese Subsidiary to Expand Focus on K-food Business

CJ Cheiljedang Sells Off Chinese Subsidiary to Expand Focus on K-food Business

SEOUL, July 31 (Korea Bizwire) — South Korean food giant CJ Cheiljedang Corp. said Monday it has sold off all of its shares in Chinese food company Sichuan Jixiangju Food at 300 billion won (US$235.8 million). CJ Cheiljedang had bought a combined 60 percent share in the Chinese firm, which deals with Chinese foods, including [...]

SKC, Toyota Tsusho Join Hands for Copper Foil Venture in N. America

SKC, Toyota Tsusho Join Hands for Copper Foil Venture in N. America

SEOUL, July 31 (Korea Bizwire) — SKC Co. said Monday it is teaming up with Japan’s Toyota Tsusho Corp. for a joint venture to produce and supply battery-grade copper foil in North America, advancing into the world’s most burgeoning electric vehicle (EV) market. Under the memorandum of understanding, SK Nexilis Co., SKC’s copper foil-making subsidiary, [...]

S. Korea’s 1st Indigenous Gas Turbine-equipped Power Plant Begins Commercial Operations

S. Korea’s 1st Indigenous Gas Turbine-equipped Power Plant Begins Commercial Operations

SEOUL, July 31 (Korea Bizwire) — South Korea has begun commercial operations of a power plant installed with the country’s first homegrown gas turbine, its operator said Monday. Korea Western Power (KOWEPO) said it began operating the Gimpo Combined Heat and Power Plant in the city of Gimpo, west of Seoul, on Friday. The plant [...]

Seoul Metro to Drop Use of Original Chinese Pronunciation in Station Names

Seoul Metro to Drop Use of Original Chinese Pronunciation in Station Names

SEOUL, July 31 (Korea Bizwire) — Seoul Metro said Monday it will stop pronouncing some subway train station names in original Chinese during its station arrival announcements starting August. At present, Seoul Metro offers prerecorded voice announcements in four languages — Korean, English, Japanese and Chinese — inside trains to give the upcoming station name, [...]