SEOUL, Dec. 15 (Korea Bizwire) – South Korea has faced increased non-trade barriers raised by foreign countries in the past few years, while such measures around the globe declined, a report said Thursday. According to the report compiled by the Korea Chamber of Commerce and Industry (KCCI), a total of 134 non-tariff measures such as [...]
SEOUL, Dec. 14 (Korea Bizwire) – Kang Chun-hyok, a 31-year-old born in North Hamgyong Province, escaped North Korea in 1998 with his family and was granted asylum in the South in 2001. His vision and new life in South Korea has been somewhat different from other North Korean defectors residing here – he was determined [...]
SEOUL, Dec. 14 (Korea Bizwire) – French pop artist and fashion designer Jean Charles de Castelbajac graced the stage for a special event hosted by Renault Samsung on Wednesday, during which he painted yellow, red, and blue, and a guardian angel on the bonnet of an SM6, the company’s latest sedan. The event, dubbed “SM6 [...]
SEOUL, Dec. 14 (Korea Bizwire) – Obuldo, a depiction of Five Buddhas by 18-century Buddhist monk Uigyeom, was purchased by American artist and teacher Robert Mattielli for $10 at a Seoul antique shop in the early 1970s. What he didn’t know, however, was that it has been stolen from Songgwang Temple earlier in the 1970s. [...]
SEOUL, Dec. 14 (Korea Bizwire) – Korea Exchange (KRX) trading board KOSDAQ announced Wednesday that it would start allowing businesses operating in the red to go public if they show positive growth potential – introducing a so-called the “Tesla condition” taken from Tesla Motors, which lacked capital initially but was recognized for its prospects, and [...]
NAIROBI, Dec. 14 (Korea Bizwire) – A South Korean official has pledged to continue to help Kenyans boost agricultural output as hundreds of Kenyans expressed gratitude to Seoul for providing advanced agricultural technology. Chung Hwang-keun, head of the Rural Development Administration in South Korea, made the commitment on Tuesday in a meeting with Kenyan officials [...]
SEOUL, Dec. 14 (Korea Bizwire) – Ssangyong Motor Co., the country’s smallest automaker, said Wednesday it has shipped a total of 6,823 vehicles to Iran in the first 11 months of the year, with the figure expected to top 8,000 units this year. The automaker, the local unit of Indian carmaker Mahindra & Mahindra Ltd., [...]
SEOUL, Dec. 14 (Korea Bizwire) – A South Korean appeals court on Wednesday ordered the government to disclose the results of a probe on pollution detected in the water table near a U.S. Forces Korea (USFK) garrison in Seoul. The U.S. Army base in Yongsan, central Seoul, has been suspected as the source of oil [...]
DAEJEON, Dec. 14 (Korea Bizwire) – The Korea Institute of Machinery & Materials has developed a VR simulator that provides preventive training sessions for employees at industrial complexes. The system is a combination of VR content, a treadmill, and the virtual operation of equipment, where trainees can walk around on the treadmill and use their [...]
SEOUL, Dec. 14 (Korea Bizwire) – The Electronic and Telecommunications Research Institute is developing a mobile application that allows users to create 3D content using smartphones, announced the Ministry of Science, ICT and Future Planning. Producing 3D content usually requires professional knowledge of equipment and software, making the process highly complicated for daily use. However, [...]