SEOUL, March 12 (Korea Bizwire) – Korean Air Lines Co., South Korea’s top flag carrier, said Sunday that its new Boeing 787-9 passenger jet has started service on a domestic route. Late last month, the airline introduced the Boeing 787-9 Dreamliner, the latest of its series, with 50 percent of its body made of reinforced [...]
SEOUL, March 9 (Korea Bizwire) – The latest study on gender equality from the Ministry of Gender Equality & Family revealed that more women were in charge when it comes to financial management of their family, although men were bigger spenders. According to the study, 56.9 percent of 7,399 respondents (3,942 women, 3,457 men) said [...]
SEOUL, March 9 (Korea Bizwire) – Raising grown-up children made the top five list of retirement risks amid rising youth unemployment in Korea, increasing the financial burden on local retirees. According to the latest report on retirement, compiled by the Mirae Asset Retirement Institute, the five major risks suffered by retirees in their 50s and [...]
SEOUL, March 9 (Korea Bizwire) – Starting March 11, the Korean National Police Agency is deploying drones on South Korea’s key highways to curb traffic violations including DUI, reckless or revenge driving, and other “selfish” driving routines such as driving on the shoulder. The new initiative is a part of the agency’s special crackdown operation [...]
SEOUL, March 9 (Korea Bizwire) – Celebrating Lotte World Tower’s Guinness World Record of having the highest glass-floor observatory in the world, a group of breakdancers offered a special performance Thursday at the tower’s Seoul Sky observatory, transparent through 478 meters of thin air. Seoul Sky is located on the 118th floor of the 123-story [...]
SEOUL, March 9 (Korea Bizwire) – South Korea said Thursday that it raised the alert level against cyberattacks by one notch in a bid to better fend off an expected increase in cyberattacks from North Korea and others on the country’s major agencies and businesses. The Ministry of Science, ICT and Future Planning raised its [...]
SEOUL, March 9 (Korea Bizwire) – The culture ministry said Thursday it will enact a bill aimed at protecting artists from political oppression and censorship as part of measures to prevent any future blacklisting of artists critical of the government. Any act that violates artistic freedom and discriminates against artists for political reasons will be [...]
SEOUL, March 9 (Korea Bizwire) – Eight out of 10 South Koreans think the society they live in is “unfair,” with the perception most deeply rooted among the younger generation, a poll showed Thursday. According to a latest report by Nielson Korea, 80.1 percent of 1,000 respondents surveyed answered that they regard society as “being [...]
ULSAN, South Korea, March 9 (Korea Bizwire) – “Ttong-bonwi-hwapae” literally translates into “poop standard currency.” And the government is investing 10 billion won ($8.65 million) over the next five years to turn this human waste-to-currency idea into reality in South Korean towns and cities. A pilot project was initially spearheaded by the Ulsan National Institute [...]
DAEJEON, March 9 (Korea Bizwire) – In a bid to better prepare for unforeseen accidents at nuclear power plants in South Korea, the Korea Atomic Energy Research Institute said Wednesday that it is developing a Nuclear Blackbox to monitor in real time nuclear reactors from a safer distance, and a vehicle-based remote control system to [...]