SEOUL, April 10 (Korea Bizwire) – The Seoul Metropolitan Government announced plans yesterday to use fire hydrants to clean the streets when find dust warnings are issued, after officials decided to consider fine dust as a natural disaster. Seoul’s resourceful new initiative comes after a task force dedicated to improving air quality decided to utilize [...]
SEOUL, April 10 (Korea Bizwire) – As an increasing number of wild animals in South Korea find themselves short of food during the spring season, some animals are emerging from their natural habitats in search of food. A series of incidents where wild animals have come in contact with people in unexpected places such as the [...]
SEOUL, April 10 (Korea Bizwire) – Security guards at Seoul National University are quickly losing ground to the advance of Information and Communications Technology (ICT), as new unmanned security systems are being deployed at its Gwanak campus, a move that some fear will result in job losses for current employees. As night security guards are [...]
SEOUL, April 10 (Korea Bizwire) – Popular South Korean TV Show Infinite Challenge is incorporating entertainment into lawmaking as several lawmakers who appeared on the show are set to propose six new bills to the National Assembly after discussing reforms to the current law with the show’s fans earlier this month. Infinite Challenge’s move to tap [...]
SEOUL, April 10 (Korea Bizwire) – A training institute that specializes in unmanned aerial vehicles has opened in Gangwon Province’s Yeongwol County. The county office of Yeongwol and the Korean Aero Models Association took part in the opening ceremony of the institute held last Saturday, featuring a series of events including drone shows and a [...]
SEOUL, April 10 (Korea Bizwire) – South Korea’s top mobile messenger operator Kakao Corp. said Monday it has joined forces with scholars to develop Artificial Intelligence (AI) technology as part of a broader effort to tap deeper into the prospective market. Under an agreement with Seoul National University, Korea Advanced Institute of Science and Technology [...]
SEOUL, April 10 (Korea Bizwire) – Hyundai Motor Co., South Korea’s top automaker, topped the list of auto sales in Peru, in February, aided by a sharp rise in demand for small passenger vehicles, industry data showed on Monday. According to the data compiled by the the Korea Trade-Investment Promotion Agency (KOTRA), Hyundai Motor sold [...]
SEJONG, April 10 (Korea Bizwire) – Korea’s financial services industry recorded 9.2 percent in output growth last year largely driven by interest revenues from growing household loans, government data showed on Sunday. According to Statistics Korea, the year-on-year production growth of financial institutions in 2016 was more than triple the 3 percent reported for the overall services industry. By institution, banks gained 9 percent, the highest since 11.8 percent in 2008. Nonbank [...]
SEOUL, April 10 (Korea Bizwire) – China’s display makers are expected to double their liquid crystal display (LCD) market share this year from 2014, posing challenges to industry leaders in South Korea and Taiwan, data showed Sunday. Driven by growing demand for large LCDs for televisions, combined LCD production of Chinese manufacturers is expected to increase to 26.8 percent in 2017, according to market trackers IHS and IDC. Their share has continued to [...]
SEOUL, April 7 (Korea Bizwire) – A day without a fine dust warning is rapidly becoming a rare occasion in South Korea, as a gray haze of fine particulate matter and smog continues to blanket the Korean Peninsula. Record high levels of air pollution, which easily exceed the World Health Organization’s recommended limits, grab the [...]