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Conglomerates Raise Issue of Chinese Economic Retaliation at Special Meeting with President Moon

Conglomerates Raise Issue of Chinese Economic Retaliation at Special Meeting with President Moon

SEOUL, Jul. 28 (Korea Bizwire) — At a special ‘beer garden’ meeting held on Thursday at the Blue House with President Moon, executives from South Korean conglomerates raised the issue of China’s economic retaliation against South Korean companies, particularly electric vehicle battery manufacturers, urging the government to take action. During the unique meeting, Moon was [...]

Government to Use IoT Technology to Curb Smell and Noise Problems in Busan

Government to Use IoT Technology to Curb Smell and Noise Problems in Busan

SEOUL, Jul. 28 (Korea Bizwire) — The Ministry of Science and ICT (MSIP) and the Ministry of Land, Transport and Maritime Affairs (MOLIT) will adopt IoT-based environment sensors in Busan’s Gangseo District as part of a collective smart environment monitoring initiative, the two government branches revealed on Thursday. Gangseo District was chosen as the location [...]

Ministry of Environment Develops New Microbial Agent to Remove Toxic Chemicals

Ministry of Environment Develops New Microbial Agent to Remove Toxic Chemicals

SEOUL, Jul. 28 (Korea Bizwire) — A research institution operating under the Ministry of Environment has patented a new microbial agent that can remove harmful chemical substances such as benzene, toluene, and phenol using microorganisms. The toxic chemical removal agent developed by the Nakdonggang National Institute of Biological Resources uses an environment-friendly concoction consisting of [...]

Government to Follow Selected Citizens’ Decision on Fate of 2 Reactors

Government to Follow Selected Citizens’ Decision on Fate of 2 Reactors

SEOUL, July 28 (Korea Bizwire) – The presidential office Cheong Wa Dae reiterated Friday that the government will follow the decision that select citizens will make over the fate of two nuclear reactors after their public deliberation process. Its remarks came a day after a government panel tasked with overseeing the deliberation process said that [...]

Socar First to Reach 10 Million Reservations in South Korean Car Sharing Industry

Socar First to Reach 10 Million Reservations in South Korean Car Sharing Industry

SEOUL, Jul. 27 (Korea Bizwire) — South Korean car sharing service provider Socar has become the first company to reach a total of 10 million reservations in the industry, according to a statement released on Wednesday. From February 2012 until earlier this month, more than 10 million reservations were made, with the combined mileage estimated to [...]