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Builders Turn to High-tech Solutions as Coronavirus Fears Weigh on Housing Market

Builders Turn to High-tech Solutions as Coronavirus Fears Weigh on Housing Market

SEOUL, Feb. 7 (Korea Bizwire) — The Wuhan coronavirus is prompting changes to the way South Korean construction companies are selling new apartment units. Jungheung Construction Co., which plans to open sales for an apartment complex in the Wirye New Town in Hanam, Gyeonggi Province, in February, has replaced the typical model house with a [...]

Seoul City Offers Financial Support for Installation of Rainwater Collection Systems

Seoul City Offers Financial Support for Installation of Rainwater Collection Systems

SEOUL, Feb. 3 (Korea Bizwire) — The Seoul Metropolitan Government will subsidize the installation of a “Rainwater Coin Bank,” a rainwater collection system, to promote the use of rainwater. The ceiling for the amount of support will be up to 2 million won (US$1,674) for small rainwater collection facilities and 20 million won for schools [...]

Vacant Land Near Expressways to be Used for Agricultural Startups

Vacant Land Near Expressways to be Used for Agricultural Startups

DAEJEON, Jan. 22 (Korea Bizwire) — Young South Koreans are pioneering the use of vacant land near expressways to start agricultural businesses. The Korea Expressway Corp. (KEC) will distribute 3,800㎡ of land near Daejeon Southern Ring Expressway’s Annyeong Tollgate to student members of the Agricultural Startup Committee at Chungnam National University to develop agricultural startups. [...]

Genetic Screening Boosts Productivity at Cattle Farms

Genetic Screening Boosts Productivity at Cattle Farms

SEJONG, Jan. 22 (Korea Bizwire) — A service that informs Korean cattle farmers by predicting the genetic ability of female calves will be implemented to help genetically superior hanwoo give birth to multiple calves. Hanwoo refers to beef cattle produced in South Korea. The Rural Development Administration and NongHyup Agribusiness Group Inc. have established a [...]

Firms Send High-tech Message of Appreciation to Parcel Delivery Workers

Firms Send High-tech Message of Appreciation to Parcel Delivery Workers

SEOUL, Jan. 21 (Korea Bizwire) — SM Culture & Contents, an advertising affiliate of South Korea’s biggest music label SM Entertainment, will showcase the country’s first vehicle-aware outdoor advertisements along with online shopping mall 11th Street. Through a vehicle-sensing camera installed in front of the billboard, the camera recognizes the approaching vehicle from a distance [...]