SEOUL, Dec. 13 (Korea Bizwire) — Nearly two-thirds of South Koreans in their 20s and 30s have positive views about alternative meat, a survey showed Monday. Shinsegae Food Inc., a food business arm of South Korea’s Shinsegae Group conducted a survey of 1,000 people in their 20s and 30s, 67.6 percent of whom thought positively [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korean auto giant Hyundai Motor Group said Monday it will supply more than 1,000 hydrogen fuel-cell systems to a German environment-friendly vehicle maker in a three-year deal. Under the contract, Hyundai Motor Group will supply 1,100 hydrogen fuel-cell systems for eco-friendly garbage and cargo trucks to be manufactured [...]
SEOUL, Dec. 12 (Korea Bizwire) — One in 10 office workers has been asked out consistently at work whether they like it or not, a survey showed Sunday. A pro-labor civic group Gabjil 119 conducted a nationwide online survey of 1,000 office workers, 11 percent of whom said they had been asked out by colleagues [...]
SEOUL, Dec. 12 (Korea Bizwire) — An increasing number of streaming service subscribers are frequently canceling and joining other streaming platforms as they look for new series and other videos. These subscribers pay for a subscription on a streaming platform, enjoy the videos available to them until the subscription expires, and move on to a [...]
SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. have broken the 200,000 mark in cumulative electric vehicle (EV) sales in the European Union, industry data showed Sunday. According to the European Automobile Manufacturers’ Association (ACEA), Kia had sold 200,984 EVs in the European market as of late October 2022. [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korea’s antitrust regulator said Sunday it has decided to impose fines of 918 million won (US$697,000) on two local units of Pernod Ricard, a French distiller, for handing out illegal rebates to bars. The penalty on Pernod Ricard Korea and Pernod Ricard Korea Imperial came as the two [...]
SEOUL, Dec. 10 (Korea Bizwire) — The industry ministry said Friday it will again push for a law revision meant to raise the ceiling of bond issuance by the money-losing state-run Korea Electric Power Corp. (KEPCO) in a move to prevent its liquidity crisis and ensure stable power supplies. The ministry made the decision in [...]
SUWON, Dec. 9 (Korea Bizwire) — Gyeonggi Province on Thursday held a large-scale joint disaster response drill. The drill took place at a branch store of Lotte Department Store in Suwon, south of Seoul, and was attended by some 500 people from 32 institutions including Gyeonggi Province, the city of Suwon and local police and [...]
SEOUL, Dec. 9 (Korea Bizwire) — Amid growing market demand for the release of data about owner-operated businesses, the Financial Services Commission (FSC) decided to make public such data held by public financial institutions starting from Friday. Five public financial institutions, including the Industrial Bank of Korea and the Korea Development Bank, under the umbrella [...]
SEOUL, Dec. 9 (Korea Bizwire) – The Ministry of Trade, Industry and Energy has established the Robot Occupation Innovation Center aimed at cultivating robot-specialized talent. The ministry on Thursday held an opening ceremony for the center at the Gumi Electronics & Information Technology Research Institute in the southeastern city of Gumi. The center is the [...]