SEOUL/SEJONG, Aug. 18 (Korea Bizwire) – The government offered an apology again on Friday for the ballooning concerns over food safety stemming from eggs contaminated with illegal insecticides or chemicals, while promising to beef up a nationwide system to prevent similar cases from recurring. “I sincerely apologize for causing inconvenience and concerns,” Agriculture Minister Kim [...]
SEOUL, Aug. 18 (Korea Bizwire) – Australia-based media Ausdroid reported Friday it has obtained marketing material for Samsung Electronics Co.’s presumed Galaxy Note 8, slated to be showcased next week. Ausdroid said it obtained a sales brochure for the South Korean tech giant’s upcoming phablet, originally slated to be revealed in New York on Wednesday, [...]
SEOUL, Aug. 18 (Korea Bizwire) – South Korean construction companies’ domestic orders rose nearly 15 percent on-year in the first half of the year on a robust housing market and increased fiscal spending, a trade group said Friday. According to the Construction Association of Korea, local builders clinched orders worth a combined 79.3 trillion won [...]
SEOUL, Aug. 18 (Korea Bizwire) – The Seoul Metropolitan Government has announced plans to open a hydrogen energy trial zone for a limited period of time at the Hangang Park in the hopes of promoting the use of renewable energy. “It is not only the very first hydrogen energy experience zone in South Korea, but [...]
SEOUL, Aug. 18 (Korea Bizwire) – South Korean messaging giant Kakao announced on Thursday it is incorporating all of its gaming business divisions into Kakao Games, its gaming affiliate, in a strategic move that will boost its competitiveness and expertise in the gaming industry. The decision, which was made by the board of directors the [...]
SEOUL, Aug. 17 (Korea Bizwire) – With the scandal surrounding eggs contaminated with harmful pesticides continuing to sweep South Korea, the long debated issues of controversial battery farms and poorly conducted environmental regulations are back in the spotlight. As an increasing number of chicken farms involved in the egg contamination scandal have been found to [...]
SEJONG, Aug. 17 (Korea Bizwire) – South Korea on Thursday began to destroy all eggs contaminated with harmful insecticides in a move to quell public anxiety about food safety. “The government is tracking all tainted eggs and will discard them,” Agriculture Minister Kim Yung-rok said in a National Assembly session. “We will publish all information [...]
SEOUL, Aug. 17 (Korea Bizwire) – Hyundai Motor Co., South Korea’s top automaker, said Thursday that it has suffered an estimated 300 billion won (US$264 million) in lost production due to three rounds of partial strikes at its main plant in the country. Unionized workers at the carmaker staged four-hour strikes last week, demanding higher [...]
POHANG, Aug. 17 (Korea Bizwire) – An unrelenting heat wave in South Korea that drastically increased water temperatures in recent weeks has resulted in the loss of nearly 1 million fish in waters off the south and east coast, with the toll expected to rise in the coming days. Despite occasional heavy rains, water temperatures on [...]
SEOUL, Aug. 17 (Korea Bizwire) – The Korea Food & Drug Administration is set to introduce a new measure making public information about harmful tobacco ingredients in an effort to curb smoking in the country. According to the Korea Food & Drug Administration (KFDA) on Wednesday, the government branch is currently considering the means to [...]