ANYANG, South Korea, Jan. 13 (Korea Bizwire) – A comfort woman statue erected in front of the Japanese consulate in Busan last month has triggered yet another diplomatic clash between South Korea and Japan. The statue represents comfort women, sexual slavery victims of the Japanese military during its occupation of Korea. There are more than [...]
SEOUL, Jan. 13 (Korea Bizwire) – According to the 2016 Obesity White Paper, released Thursday by the National Health Insurance Service, the obesity rate among Korean infants aged six or younger doubled in the seven years from 2008 to 2015, with the rate rising from 1.4 percent to 2.8 percent. The rate was highest for [...]
GEOJE, South Korea, Jan. 13 (Korea Bizwire) – A 60-centimeter-tall eagle was found trapped in a net surrounding a farm in a village near Geoje Wednesday morning. The bird was quickly rescued by local 911 emergency responders, who temporarily moved it to a nearby barn. According to city officials, the eagle was dehydrated and seemingly [...]
SEOUL, Jan. 13 (Korea Bizwire) – The South Korean food and drug safety watchdog said Friday that it will officially add the category of children’s cosmetics later this year in an effort to better monitor such products. Starting in September, manufacturers of products for children such as lotion, cream and oil are mandated to label [...]
SEOUL, Jan. 13 (Korea Bizwire) – More than half of non-trade barriers set by foreign countries against South Korea came from China, the Seoul government said Friday, stoking concerns about outbound shipments to Seoul’s largest trading partner. Out of 49 non-tariff measures against South Korean goods, Beijing accounted for 26 as of October 2016, the [...]
SEOUL, Jan. 13 (Korea Bizwire) – Drivers on highways start to get drowsy about halfway to their destination but stay on the road a little longer before stopping to rest, a study said Friday. The Korea Expressway Corporation (KEC) conducted the study in September and October last year by surveying approximately 800 drivers at four [...]
SEOUL, Jan. 13 (Korea Bizwire) – Audi Volkswagen Korea, the local importer and distributor of the German brands, is moving to introduce a new car in South Korea that will mark the first car to be launched here since its emissions scandal that has led to a sales ban on most of its vehicle models, [...]
SEOUL, Jan. 13 (Korea Bizwire) – Leading whisky brands in South Korea are resorting to law violations to push up sales for the Lunar New Year holiday and make up for the slumping market, industry officials said Friday. Liquor companies market specially packaged gift sets for the holiday when tens of millions of South Koreans [...]
SEOUL, Jan. 13 (Korea Bizwire) – South Korea’s state financial watchdog said Friday it paid more than 120 million won (US$100,000) last year in cash rewards for helping punish violators of capital market rules. A total of 120.7 million won was given to five informers of such irregularities as stock price manipulation, unfair trading and [...]
DAEGU, Jan. 12 (Korea Bizwire) – Yoo Won-ki, 48, is the CEO of Haeyang Energy, a small company that he launched in January of last year. Pinning his hopes on one novel idea, he developed a tidal stream generator, filed for a patent in May, and received approval from the Korea Intellectual Property Office last [...]