SEOUL, Sept. 8 (Korea Bizwire) — The Ministry of Food and Drug Safety and the Fair Trade Commission on Wednesday signed an agreement with six liquor associations oto provide calorie information on alcoholic beverages. Previously, only a few companies have provided calorie information on their alcoholic beverages. With this agreement, the liquor industry will provide [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korea said Thursday it plans to spend 74 trillion won (US$53.4 billion) on supporting low-income families, senior citizens and other vulnerable people next year in a bid to ease the burden of rising living costs. The government plans to increase its budget spending by 8.7 trillion won in [...]
BUSAN, Sept. 7 (Korea Bizwire) — Amid efforts to protect lives from Typhoon Hinnamnor, inappropriate attempts to stage dangerous stunts on the coast are taking center stage for criticism. Busan’s Haeundae Police Station on Tuesday penalized two YouTubers in accordance with the Punishment of the Minor Offenses Act who failed to adhere to official safety [...]
SEOUL, Sept. 7 (Korea Bizwire) — As Typhoon Hinnamnor made its way out of South Korea on Tuesday morning, pictures of dump trucks parked in front of glass storefronts to protect them from the wind gusts are gaining media attention. Online communities shared photos of several dump trucks parked in front of glass storefronts on [...]
SEOUL, Sept. 7 (Korea Bizwire) — Major South Korean business enterprises, including Samsung, SK and Hyundai, are stepping up their campaign across the globe for Korea’s bid to host the World Expo in the southern port city of Busan in 2030. The moves come as part of South Korea’s full-fledged efforts to host the world [...]
SEOUL, Sept. 7 (Korea Bizwire) — South Korean chemical company SK Chemicals Co. said Tuesday that it had teamed up with local toothbrush maker KNK to jointly develop the nation’s first toothbrush made from chemically recycled plastic material. Chemically recycled plastic refers to the material that is made by breaking down and returning waste plastic [...]
SEOUL, Sept. 7 (Korea Bizwire) — South Korean builder SK ecoplant Co. said Tuesday it will take part in large-scale offshore wind power projects in the country in collaboration with a duo of global energy firms. The company on Monday signed a business agreement with British offshore wind developer Corio Generation and French energy and [...]
SEOUL, Sept. 6 (Korea Bizwire) — More than 1 in 10 individuals working at businesses with fewer than five employees are paid less than the minimum wage, a poll showed Monday. The Federation of Korean Trade Unions conducted a survey of 470 people working at small businesses with fewer than five employees, which showed that [...]
SEOUL, Sept. 6 (Korea Bizwire) — Following the return to in-person classes, violence in schools has increased this year, a government survey showed Tuesday. In the survey by the education ministry, 1.7 percent of students said they suffered violence in schools in 2022, up 0.6 percentage points from last year, when most schools shifted classes [...]
SEOUL, Sept. 6 (Korea Bizwire) — LG Electronics Inc. has unveiled an non-fungible token (NFT)-based artwork transaction platform in the U.S. market. The company announced on Monday that it had launched the LG Art Lab service in the U.S., enabling users to buy, sell and enjoy high-quality NFT artworks selected by professional curators. The service [...]