SEOUL, Aug. 2 (Korea Bizwire) — A video depicting a polar bear suffering from the sweltering summer heat at a South Korean zoo has sparked a controversy, with some accusing the zoo of animal abuse. The video, released by South Korean animal rights group Care, shows a polar bear named ‘Tonky’ confined to an indoor [...]
INCHEON, Aug. 2 (Korea Bizwire) — An LNG vessel built by the Incheon Port Authority (IPA) is attracting international attention for its energy efficiency and environmental friendliness. According to IPA officials, the vessel, which the organization claims to be Asia’s very first LNG-fueled ship, received international attention at this year’s LNG Bunkering Conference held in Singapore. [...]
SEOUL, Aug. 2 (Korea Bizwire) — Concern over fine dust emissions and the rising price of diesel fuel are seeing gasoline cars bounce back in the South Korean automobile market. Data released by the Korea Automobile Manufacturers Association and the Ministry of Land, Infrastructure and Transport on Tuesday showed the number of gasoline-fueled cars registered between [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korean police are examining options to penalize a controversial group of nudists that have caused an uproar in the city of Jecheon. Strong opposition to a villa owned by a group of nudists has prompted police forces to request an authoritative interpretation from Ministry of Health and Welfare, [...]
SEOUL, Aug. 2 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering (DSME) has become the first South Korean company to export a submarine, joining the likes of the U.K., France, Russia, and Germany. According to DSME officials, a commemoration celebrating the delivery of a 1,400-ton submarine to the Ministry of Defence of the Republic of [...]
SEOUL, Aug. 2 (Korea Bizwire) – South Korean President Moon Jae-in on Wednesday vowed to upgrade his country’s relations with Indonesia and other Southeast Asian nations to the level of its ties with the world’s most powerful countries. “I am very happy to see that South Korea-Indonesia relations are expanding,” Moon said, according to his [...]
SEJONG, Aug. 2 (Korea Bizwire) – South Korea will raise tax rates for the “super-rich” and big money-making companies, the finance ministry said Wednesday, in what many see as a move to finance the incumbent Moon Jae-in government’s pledges on job creation and expand social welfare. Under its biannual tax revision plan, which requires approval from [...]
SEOUL, Aug. 2 (Korea Bizwire) – South Korea on Wednesday outlined stricter measures to stabilize the country’s overheating housing market as its previous efforts to curb speculative forces did not work properly. The Moon Jae-in government announced its first real estate measures in June a month after taking office to strengthen lending rules that can [...]
SEOUL, Aug. 2 (Korea Bizwire) — A racehorse trainer in his 30s from Changwon in South Gyeongsang Province was found to have committed suicide on Tuesday, allegedly due to an extremely heavy workload, which follows the suicide of another racehorse trainer in May. Lee, the racehorse trainer, was found dead in a car parked near [...]
SEOUL, Aug. 2 (Korea Bizwire) — A new study has revealed married people spend less time using their smartphones than those who are unmarried. According to a study conducted by the Barun ICT Research Center at Yonsei University last year with a sample of 6,090 individuals, the average time spent on smartphones among married people was [...]