BUSAN, Jan. 24 (Korea Bizwire) – Breeding of the South Korean superfish “king flounder” at aquafarms is set to increase dramatically with the National Institute of Fisheries Science (NIFS) beginning large-scale distribution of fertilized eggs this month. Through a selective breeding program without the use of artificial gene editing, researchers were able to produce the [...]
SEOUL, Jan. 24 (Korea Bizwire) – Samsung Engineering Co. said Wednesday it has received a US$436 million order to build a petrochemical plant in Thailand by 2020. PTT Global Chemical Public Co., a Thailand state-owned petrochemical and refining company, placed the order at a consortium led by the Korean plant builder, Samsung Engineering said in [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea ranks near the top in terms of workers’ income inequality, where the top 10 percent of earners make 4.5 times what the bottom 10 percent take home, a recent report from the Organization for Economic Cooperation and Development (OECD) said. The report analyzed figures for 2016 for [...]
SEOUL, Jan. 24 (Korea Bizwire) – K-pop girl group Red Velvet will release a repackaged album next Monday, its agency said Wednesday. S.M. Entertainment said the album, “The Perfect RedVelvet,” has 12 tracks, including nine from its second EP “Perfect Velvet,” released in November, which ranked No. 1 on the Billboard’s World Albums chart. The [...]
SEOUL, Jan. 24 (Korea Bizwire) — Seoul said Wednesday that it will run free shuttle buses between Seoul and the Olympic towns of PyeongChang and Gangneung during the Winter Olympics and Paralympics. Everyone who holds tickets for Olympic events and concerts can use the buses, dubbed “PyeongChang e-Bus,” and make advance reservations, on a first-come-first-served [...]
SEOUL, Jan. 24 (Korea Bizwire) – Sales of cigarettes in South Korea dipped almost 4 percent in 2017 from a year earlier, due to the government-led anti-smoking campaign, and higher prices, data showed Wednesday. South Korean smokers purchased 3.45 billion 20-cigarette packs last year, compared with the previous year’s 3.66 billion packs, according to data [...]
SEOUL, Jan. 24 (Korea Bizwire) — The Korea Consumer Agency (KCA) revealed on January 23 that an inspection detected the presence of carcinogens in six of 10 different types of rubber balloons currently available on the market. The problematic balloons were found to contain N-nitrosamines and substances that could potentially produce N-nitrosamines. N-nitrosamines are cancer-causing [...]
GANGNEUNG, Jan. 24 (Korea Bizwire) — For the greater convenience of tourists planning on staying in or around Gangneung, the city near PyeongChang where the 2018 Winter Olympics are scheduled to be held starting early February, lodgings businesses have placed QR codes in rooms that reveal detailed information in a handful of languages when accessed [...]
SEOUL, Jan. 24 (Korea Bizwire) – With South Korea poised for the onset of another cold snap expected to last the week, 119 emergency response units are receiving an increasing number of calls from concerned citizens who require assistance with the removal of large icicles hanging from eaves and the sides of buildings. With temperatures [...]
SEOUL, Jan. 23 (Korea Bizwire) — Implementing a seafood traceability scheme, regulating fish farm antibiotic use and setting industry wide standards for aquaculture are some of the tenets of the government’s plan for South Korea’s seafood industry in 2018. Officials from the Ministry of Oceans and Fisheries (MOF) on January 23 presented the details of [...]