Korea Bizwire, Author at Be Korea-savvy | Page 8 of 18
Use of Free Microdata Rising Sharply

Use of Free Microdata Rising Sharply

SEJONG, July 18 (Korea Bizwire) – Microdata refers to information from a basic original database that’s created based on statistics and analytical studies, for which input errors and invalid data have been corrected to offer a better user experience. According to Statistics Korea, the total usage of microdata provided by the institution from December 2015 to [...]

Drones Partake in Lifesaving Operation

Drones Partake in Lifesaving Operation

GANGNEUNG, July 18 (Korea Bizwire) – From leisure activities to military or industrial purposes, drones have lately become part of everyday life for many people.  For the first time in the country, lifesaving drones will be flying over Gyeongpo Beach on Korea’s eastern coast as part of a pilot project.  The city of Gangneung announced that [...]

University Shipbuilding Departments Shutting Down

University Shipbuilding Departments Shutting Down

CHANGWON, July 18 (Korea Bizwire) – As the shipbuilding industry in Korea suffers through a catastrophic slump, some universities in South Gyeongsang Province that offer majors related to shipbuilding are having difficulty maintaining their programs. Due to the recent economic downturn, the employment outlook in the shipbuilding industry, which was bright just a few short years [...]

Korean Researchers Find Better Opportunities Abroad

Korean Researchers Find Better Opportunities Abroad

DAEJEON, July 18 (Korea Bizwire) – Based on the IMD Talent Report 2015 published by the International Institute of Management Development of Switzerland, South Korea ranked 18th out of 61 countries suffering from weakening competitiveness due to a brain drain. According to an online survey conducted by the Biological Research Information Center (BRIC) 47 percent of 1,500 professionals [...]

BOK Warns Economic Stimulus Too Focused on Construction Industry

BOK Warns Economic Stimulus Too Focused on Construction Industry

SEOUL, July 15 (Korea Bizwire) – The Bank of Korea (BOK) revealed on July 15 its ‘Adequacy Analysis of Recent Investment in Construction’ included in the Economic Outlook Report of July 2016, which showed serious concerns regarding the government’s economic stimulus plan focused on the construction industry. The BOK pointed out that Korea is following in the [...]

No More Uncertainty about Expiry Dates for Frozen Treats

No More Uncertainty about Expiry Dates for Frozen Treats

BUSAN, July 15 (Korea Bizwire) – Rep. Kim Hae-young of the Minjoo Party of Korea revealed on July 15 an amendment to the Food Sanitation Act that would require frozen sweets, particularly ice cream, to feature printed expiration dates. These types of products have been exempted in the past. Current food sanitation legislation requires the labeling [...]

Korean Pushes Food Exports to Japan, China

Korean Pushes Food Exports to Japan, China

SEOUL, July 15 (Korea Bizwire) – The Ministry of Agriculture, Food and Rural Affairs (MAFRA) of Korea announced on July 14 that it would discuss export growth plans for agricultural food products during the ‘Ninth Public-Private Joint Conference on Agricultural Food Product Export Expansion’, which will take place on July 15 at the Korea Federation of [...]

Jeju Transitions from Citrus Farms to Solar Power Farms

Jeju Transitions from Citrus Farms to Solar Power Farms

JEJU, July 14 (Korea Bizwire) – Despite a long and productive history of cultivating citrus fruits, many Jeju Island farmers are abandoning their agricultural operations and opening solar power installations instead. Just a few days after Jeju’s provincial government announced a plan to offer solar power business opportunities to outdoor tangerine farming communities, 164 farmers submitted [...]