SEJONG, Feb. 28 (Korea Bizwire) – Lobster imports have been setting yearly records since 2012, reaching the highest US$94 million last year, the Korea Customs Service said Tuesday. Last year’s imports was a 13.7 percent increase from the previous year. In volume, last year’s imports amounted to 4,500 tons, up 17.1 percent from the year [...]
GIMHAE, South Korea, Feb. 28 (Korea Bizwire) – A comfort woman statue was erected on Monday in an otolaryngology (ear-nose-and-throat) clinic in Gimhae, marking the first time that a monument of the sort has been set up indoors, and funded entirely by an individual, hospital director Jung Tae-gi. The 13-million-won ($11,473) statue resembles most of [...]
SEOUL, Feb. 28 (Korea Bizwire) – Lotte’s board of directors approved on Monday a land swap deal with the South Korean military, providing a golf course as the site for a new THAAD missile battery. The deal was signed on Tuesday. Although Lotte will in return receive a state-owned military site near Seoul, the decision [...]
DAEGU, Feb. 28 (Korea Bizwire) – The Daegu Metropolitan Government has become the first government body to adopt artificial intelligence in its civil affairs administration. Dubbed “Ddubot,” after Daegu Duduriso Chatbot, the system launched as part of a pilot project on Monday. It can be used on smartphones and personal computers by local residents who [...]
SEJONG, Feb. 28 (Korea Bizwire) – The Ministry of Land, Infrastructure and Transport announced a new set of measures Monday to help accommodate the rapidly increasing number of drivers of eco-friendly vehicles in Korea, which includes new rest areas for charging EVs and hydrogen vehicles. These mini rest areas, or multipurpose rest areas, will be [...]
SEOUL, Feb. 28 (Korea Bizwire) – Hyundai Merchant Marine Co., a major South Korean shipping line, and two local shipping firms Tuesday forged an alliance, a move apparently aimed at overcoming the downturn hurting the entire industry. Under the strategic alliance, dubbed HMM+K2, they will share ships under a code-sharing scheme, as well as separate [...]
SEOUL, Feb. 28 (Korea Bizwire) – More than half of people seeking to run their own business in South Korea are considering opening a cafe or a bakery, a survey showed Tuesday. In a survey of 4,625 people who have filed an online application to attend the upcoming International Franchise Seoul expo, 65 percent said [...]
SEJONG, Feb. 28 (Korea Bizwire) – Nearly 3 million animals were used in experiments by universities and public and private research centers in South Korea last year, government data showed Tuesday. A total of 2.88 million mammals, amphibians and fish were experimented on by 333 institutions in 2016, according to the data compiled by the [...]
SEOUL, Feb. 28 (Korea Bizwire) – The government will come up with a monitoring system linked to Internet of Things (IoT) devices by May to detect various cyberattacks from both home and abroad, the science ministry said Tuesday. A set of measures was discussed during a meeting attended by officials from the Ministry of Science, [...]
SEOUL, Feb. 28 (Korea Bizwire) – One out of 10 foreigners living in South Korea are illegal aliens, government data showed Tuesday. According to the data released by the Ministry of Justice, 211,320, or 10.5 percent of the total number of foreigners living here as of end-January, are staying without a valid visa. The number [...]