SEOUL, Sept. 8 (Korea Bizwire) — A new industry-academia research collaboration has been formed to develop the required technology to produce green hydrogen using seawater. The Korea Institute of Materials Science signed a business agreement with global shipbuilder Hyundai Heavy Industries Co. and Pusan National University to jointly develop a green hydrogen production system and [...]
SEOUL, Sept. 7 (Korea Bizwire) — The Seoul metropolitan government said Tuesday it will launch a special campaign urging foreign residents here to get vaccinated amid rising COVID-19 infections in the foreign community. Foreigners took up 9.2 percent of Seoul’s new infections in August, up 2.9 percentage points from the corresponding rate of 6.3 percent [...]
SEOUL, Sept. 6 (Korea Bizwire) — Almost 60 percent of South Koreans want the nation to shift its COVID-19 response strategy to embrace the pandemic as part of everyday life, as the rate of fully vaccinated people is expected to reach 50 percent next month, a poll showed Monday. According to the poll of 500 [...]
SEOUL, Sept. 6 (Korea Bizwire) — A handful of South Korea’s popular game developers have launched cloud services, raising expectations that the cloud gaming market, which has struggled to attract attention, is likely to grow significantly in the near future. Nvidia Corp.’s GeForce NOW game streaming service, which is operated by major telecom operator LG [...]
SEOUL, Sept. 6 (Korea Bizwire) — Three out of ten South Korean consumers take a company’s record on the environment into consideration when making purchasing decisions. KB Financial Group Inc., a major South Korean banking group, conducted a survey of 1,000 credit card users, 31.6 percent of whom said that their purchasing decisions were influenced [...]
SEOUL, Sept. 5 (Korea Bizwire) — South Korea will host a hydrogen mobility show this week to showcase the latest technologies in fuel cell electric vehicles (FCEVs) and trams, and discuss major trends in the hydrogen economy, its organizer said Sunday. H2 Mobility+Energy Show will take place at an exhibition center in Goyang, just north [...]
SEOUL, Sept. 4 (Korea Bizwire) — The current law requiring only foreigners to have a higher education qualification to teach at local cram schools, or hagwon, is discriminatory, the state human rights watchdog said Saturday. The National Human Rights Commission of Korea (NHRCK) said it is discriminatory for private teaching institutes to require foreign nationals [...]
SEOUL, Sept. 3 (Korea Bizwire) — A U.S.-based group of companies is celebrating the passing of the revised bill of the Telecommunications Business Act in South Korea to curb the sway of Google and Apple when it comes to app store fees. One U.S. game developer welcomed the news, calling himself “a Korean.” “As President [...]
SEOUL, Sept. 3 (Korea Bizwire) — The vast majority of South Koreans have seen expressions of hatred against women online, the state human rights watchdog said Thursday. The National Human Rights Commission of Korea conducted a survey of 1,200 people over 15 years of age, 80.4 percent of whom said that the expressions of hatred [...]
SEOUL, Sept. 3 (Korea Bizwire) — South Korea’s major financial holding firms that control large-sized commercial banks are asking financial authorities to grant them Internet bank licenses as a way to cope with competition from Kakao Bank and K-Bank. The four entities – KB Financial Group Inc., Shinhan Financial Group Co., Woori Financial Group Inc. and [...]