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S. Korea to Send 110 Rescue Workers to Quake-hit Turkey, Offer $5 mln in Aid

S. Korea to Send 110 Rescue Workers to Quake-hit Turkey, Offer $5 mln in Aid

SEOUL, Feb. 7 (Korea Bizwire) — South Korea plans to offer US$5 million in emergency humanitarian assistance to Turkey and dispatch a total of around 110 workers to support its search and rescue work following a devastating earthquake earlier this week, according to Seoul’s foreign ministry Tuesday. It will also deliver medical supplies to Turkey, [...]

Coupang’s Fulfillment Center Gives a Glimpse into the Future of Logistics

Coupang’s Fulfillment Center Gives a Glimpse into the Future of Logistics

DAEGU, Feb. 7 (Korea Bizwire) — What helped Coupang Inc. to become the e-commerce giant that we know today was its same-day or next-day delivery service called Rocket Delivery. However, in-between orders and deliveries, there are various types of logistics technology that are utilized to streamline the logistics process and ensure that the right items [...]

7 in 10 Hydrogen Fuel Cell Power Generators Suspend Operations: Data

7 in 10 Hydrogen Fuel Cell Power Generators Suspend Operations: Data

SEOUL, Feb. 7 (Korea Bizwire) — A majority of the hydrogen fuel cell power generators established in the last three years are not currently in operation, data showed Monday. The Korea Energy Agency reported that among 384 fuel cell power generators built between 2019-2021, only 123 are currently in operation, a mere 32 percent of [...]

Gloomy Outlook for Logistics Firms Despite Strong Results in 2022

Gloomy Outlook for Logistics Firms Despite Strong Results in 2022

SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s major logistics firms, which enjoyed a boom during the pandemic period, are expected to report relatively sluggish results this year due to a decline in parcel traffic. CJ Logistics Corp., the nation’s largest courier company, is estimated to have chalked up an operating profit of 417.5 billion [...]

S. Korea to Reduce Ultrafine Dust Levels at Subway Platforms by 17 pct by 2027

S. Korea to Reduce Ultrafine Dust Levels at Subway Platforms by 17 pct by 2027

SEOUL, Feb. 6 (Korea Bizwire) — The environment ministry plans to reduce ultrafine dust levels at subway platforms nationwide by 17 percent by 2027, officials said Monday. The plan was part of the ministry’s five-year subway air quality improvement program announced during a meeting of government ministers in charge of social issues. Under the plan, [...]

S. Korea Seeks to Erect Statue of British Journalist to Honor His Activism for Korea’s Independence

S. Korea Seeks to Erect Statue of British Journalist to Honor His Activism for Korea’s Independence

SEOUL, Feb. 6 (Korea Bizwire) — South Korea will seek to build a statue of a British journalist in his birthplace to commemorate his activism against Japanese imperialists in the early 20th century, the veterans ministry said Monday. Veterans Minister Park Min-shik unveiled the plan in Britain on Friday (local time) as he met with [...]

More than 2,000 Foreign Workers to be Hired at S. Korean Shipyards This Month

More than 2,000 Foreign Workers to be Hired at S. Korean Shipyards This Month

SEOUL, Feb. 5 (Korea Bizwire) — More than 2,000 foreign workers will be hired by South Korean shipyards this month in a measure to help resolve an acute workforce shortage, according to the Ministry of Justice and the Ministry of Trade, Industry and Energy on Sunday. The government issued E-7 and E-9 visas for the [...]

S. Korea, U.S. Hold Joint Air Drills Involving F-22, F-35 Stealth Fighters

S. Korea, U.S. Hold Joint Air Drills Involving F-22, F-35 Stealth Fighters

SEOUL, Feb. 4 (Korea Bizwire) — South Korea and the United States on Friday staged combined air drills, involving U.S. F-22 and F-35B stealth fighters, in a show of America’s “invariable will and capability” to keep its security commitment to the Asian ally, the South Korean Air Force said. The allies conducted the drills over [...]