SEOUL, Mar. 28 (Korea Bizwire) – A team of South Korean researchers has developed a pioneering technology that utilizes a microorganism found in animal feces to reduce carbon dioxide emissions from ships and even produce alcohol as a byproduct. This breakthrough is expected to aid the shipping industry and other sectors in reducing their greenhouse gas [...]
SEOUL, Mar. 28 (Korea Bizwire) – Starting next year, students in Busan with three or more siblings will receive priority in admission to their preferred general high schools, the Busan Metropolitan Office of Education announced on March 27. In a meeting of the Committee for High School Admissions for the 2025 academic year, held on March [...]
JEONJU, Mar. 27 (Korea Bizwire) – Ask Im Chung-sik, a 48-year-old resident of Jeonju, if he considers himself a “youth,” and his answer typifies the blurred boundaries around the definition. “Does that even matter at my age?” replied Im, who is approaching the “ji-cheon-myeong” – the traditional age at 49 when one is said to gain [...]
SEOUL, Mar. 27 (Korea Bizwire) – The battle for market dominance between Samsung Electronics and LG Electronics in AI-powered appliances and OLED televisions spilled over into the companies’ annual shareholder meetings this week, as top executives touted their firms’ technological prowess. At LG’s annual meeting on March 26, Cho Joo-wan, the company’s chief executive, emphasized that [...]
SEOUL, Mar. 27 (Korea Bizwire) — The number of South Koreans who moved to different residences in the country rose for the fifth consecutive month in February amid rising home transactions, data showed Wednesday. Around 655,000 people changed residences last month, up 5.2 percent from a year earlier, according to the data compiled by Statistics [...]
SEOUL, Mar. 27 (Korea Bizwire) – While giants like E-Mart are trimming their workforces, a clutch of discount retailers led by chains like Daiso and Chinese e-commerce platforms like AliExpress and Temu are aggressively hiring in South Korea. Their lure? Offering consumers unbeatable value for money on a wide range of merchandise. According to figures released [...]
SEOUL, Mar. 27 (Korea Bizwire) – As the European Union expands its environmental, social, and governance (ESG) regulations on exports, South Korean companies appear to be lagging in their awareness and preparedness, according to a recent survey conducted by the Korea Chamber of Commerce and Industry (KCCI). The survey, conducted with 205 domestic exporting firms, revealed [...]
TOKYO, Mar. 26 (Korea Bizwire) – In a defiant move, families of victims of forced labor during World War II, who have rejected South Korea’s proposed solution of third-party compensation, visited Japanese companies on March 25 to demand a direct apology and payment from the firms involved. However, their efforts were met with a [...]
CHEONGJU, Mar. 26 (Korea Bizwire) — The city of Cheongju has announced plans to actively promote the use of reusable containers at the upcoming “Food Truck Festival with Cherry Blossoms,” scheduled to commence on March 29. This initiative aims to minimize waste generation and foster a more sustainable event. According to the city’s plan, the [...]
SEJONG, Mar. 26 (Korea Bizwire) – A recent analysis by Statistics Korea has unveiled revealing insights into the nation’s breakfast habits and rice consumption patterns. The findings, published in the spring issue of “Statistics Plus,” indicate that nearly 30% of Koreans skip breakfast, while rice intake is higher at restaurants compared to home-cooked meals, with older [...]