ASAN, SOUTH KOREA, April 28 (Korea Bizwire) – Death of Another Postal Worker in Asan Raises Concerns Over Poor Working Conditions Only two months after a letter carrier succumbed to arteriosclerosis in Asan, another postal worker was found dead in his home in the same region by a colleague earlier this week, adding to the [...]
GIMHAE, SOUTH KOREA April 28 (Korea Bizwire) – Metasequoia, a large type of fast-growing deciduous tree, has gained popularity as a street tree in South Korea in recent years for its tall and imposing appearance. However, growing concerns over the appropriateness of the species as a street tree are seeing a number of local governments [...]
SEOUL, April 28 (Korea Bizwire) – The 54-year-old chief of Hyundai’s quality and strategy department, Kim Gwang-ho, has been reinstated in his former position after being fired for disclosing defects in the company’s Theta II engine, which prompted a recall of nearly 170,000 cars in South Korea. Hyundai’s temporary move to offer Kim his old [...]
JEJU, April 28 (Korea Bizwire) – According to the Jeju Special Self-Governing Province, the number of buildings on the island owned by foreign nationals is estimated at 3,310, with nearly 73 percent belonging to Chinese nationals. The aggregate area of land owned by foreign nationals was estimated at 466,621 square meters, accounting for about 1 [...]
SEOUL, April 28 (Korea Bizwire) – U.S. President Donald Trump said he wants South Korea to pay for the US$1 billion deployment of the U.S. Terminal High Altitude Area Defense (THAAD) battery, a missile defense system the allies are currently fielding here, he said in an interview with Reuters reported on Friday. Trump also said [...]
JEJU, South Korea, April 28 (Korea Bizwire) – A ceremony was held here Thursday for the construction of liquefied natural gas (LNG) storage facilities and distribution pipelines that aim to provide the southern resort island with a cleaner source of power by mid-2019. The work involves building two storage tanks and pipelines capable of distributing 120 tons of LNG per hour on 74,786 square meters of reclaimed [...]
JEJU, South Korea, April 28 (Korea Bizwire) – A spectacular display of light was spotted Thursday in the sky over South Korea’s southern resort island of Jeju as residents on the island were dazzled for the second time this year by what is called the phenomenon of cloud iridescence. The Jeju Meteorological Administration said iridescent colors, or rainbow colors within clouds, appeared in the sky over the island for almost the entire noon hour. [...]
SEOUL, April 27 (Korea Bizwire) – Amid record youth unemployment rates mired in the double digits, the Seoul Metropolitan Government is continuing its efforts to support young people this year, with 5,000 young people between the ages of 19 and 29 set to receive 500,000 won every month from July for up to six months [...]
SEOUL, April 27 (Korea Bizwire) – A series of stories involving taxi drivers and convenience stores helping police in recent weeks is shedding light on how far collective efforts can go in improving community safety. Last Tuesday, a man from Daegu contacted the police an hour after his 82-year-old mother, who suffers from dementia, went [...]
SEOUL, April 27 (Korea Bizwire) – Global ratings agency Moody’s Investors Service said Thursday it will maintain the current Baa1 rating for Hyundai Motor Co., South Korea’s top automaker, despite its weak first-quarter earnings. On Wednesday, the carmaker reported a 21-percent on-year drop in first-quarter net profit due to weak sales in China and emerging [...]