SEOUL, Dec. 9 (Korea Bizwire) — With more Koreans drinking alone at home in the pandemic era, a new study showed that drinking a small amount of alcohol every day raises the risk of cancer in the digestive system by 39 percent. A joint research team from Seoul National University Hospital and Samsung Medical Center [...]
SEOUL, Dec. 9 (Korea Bizwire) — The Ministry of Oceans and Fisheries announced Wednesday that it has come up with new measures and policies to protect the Indo-pacific bottlenose dolphins that live near Jeju Island. The dolphins were designated as a protected species in 2012. Some 120 of them are known to reside near the [...]
SEOUL, Dec. 9 (Korea Bizwire) — Hyundai Heavy Industries Group, South Korea’s 15th largest conglomerate by assets, said Thursday that its refining affiliate Hyundai Oilbank Co. plans to file for a preliminary screening within this year to go public with local bourse operator Korea Exchange. Hyundai Oilbank aims to trade its shares on South Korea’s [...]
SEOUL, Dec. 9 (Korea Bizwire) — LG Chem Ltd. will bolster investment in North and South America, and Europe, to boost its presence in foreign markets, the company’s top executive has said, citing ample opportunities for growth in the global trend toward sustainability. LG Chem CEO Shin Hak-cheol made the remarks in a recent interview [...]
DAEJEON, Dec. 9 (Korea Bizwire) — A new wireless network technology has been developed that uses the Internet to control brain neural circuits remotely. A research team from the Korea Advanced Institute of Science and Technology (KAIST) said Wednesday it had developed an internet-of-things (IoT)-based brain neural circuit remote control system in collaboration with research [...]
SEOUL, Dec. 8 (Korea Bizwire) — A growing percentage of South Koreans are negative about parental responsibility for their children’s wedding expenses and post-marriage livelihoods, a report said Wednesday. The report was jointly written by the University of Seoul and the Korean Women’s Development Institute on the basis of public surveys conducted in 2010, 2015 [...]
SEOUL, Dec. 8 (Korea Bizwire) — Retailers are going beyond recycling to introduce upcycled products, so as to go beyond reusing old products to turn them into value-added merchandise. Hyundai Department Store Co. used old banners displayed on the outer walls of the store for advertisement and promotion to make upcycled bags, which are available [...]
SEOUL, Dec. 8 (Korea Bizwire) — Amid dampened consumer sentiment caused by the COVID-19 pandemic, ‘recession-type’ credit cards that offer generous rewards in return for a low annual fee and minimal usage record are enjoying rising popularity. According to the credit card comparison website CardGorilla, half of the 10 most popular credit cards among those [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea will be able to import around 120,000 tons of urea per year from Indonesia over the next three years, a move expected to help prevent a supply crunch of the key industry material here, Seoul’s industry ministry said Tuesday. The agreement was made as Seoul’s Industry Minister [...]
SEOUL, Dec. 7 (Korea Bizwire) — A hamburger franchise from British chef Gordon Ramsay is coming to South Korea this month. The franchise, however, is already facing controversy for prices that are expected to be much higher than any other country in the world. The outlet, coming to Lotte World Mall in southern Seoul, will [...]