SEOUL, May 9 (Korea Bizwire) — South Korea said Sunday it will strengthen its monitoring system against cryptocurrency-related phishing websites by working with the National Police Agency amid recent surges in prices of virtual money. The ICT ministry said there have recently been increasing reports of phishing attempts via text messages that lead cryptocurrency users [...]
SEOUL, May 8 (Korea Bizwire) — Men and women in their 20s show the biggest difference in their levels of sexual harassment understanding and gender equality consciousness than other age groups, research released by the state human rights watchdog said Saturday. According to the report by the National Human Rights Commission of Korea (NHRCK), men [...]
SEOUL, May 8 (Korea Bizwire) — So-called ‘meatless meat’ that is made from plant-based ingredients without animal products is gaining popularity among consumers. Shinsegae Food Inc., the food unit of of South Korean retail giant Shinsegae, reported that sales of its ‘No-chicken Nuggets’, released last month, were three times higher than the company’s sales projections. [...]
SEOUL, May 7 (Korea Bizwire) — South Korea will ship to India hundreds of oxygen cylinders and other medical supplies to help the country fight the resurgent COVID-19 pandemic, the foreign ministry said Friday. Seoul plans to send 230 oxygen concentrators, 200 oxygen cylinders with regulators, and 100 negative pressure isolation stretchers to the country [...]
SEOUL, May 7 (Korea Bizwire) — As electric vehicle sales are growing in South Korea, one big issue coming in the foreseeable future is what to do with rechargeable batteries that outlive their useful life for a vehicle. Lithium-ion batteries, a key component that determines an EV’s driving range and performance, inevitably degrade with time [...]
SEOUL, May 7 (Korea Bizwire) — A group of South Korean companies have joined forces to extract plastic and aluminum compound materials from beverage cartons and promote 100 percent recycling. SK Global Chemical Co., a chemical affiliate of energy giant SK Innovation Co., signed a memorandum of understanding (MOU) on Thursday with Maeil Dairies Co., [...]
CHANGWON, May 6 (Korea Bizwire) — The southeastern city of Changwon, South Gyeongsang Province is rising as a platform to develop South Korea’s high-altitude wind power technology, the newest addition to a series of renewable energy sources. The Korea Electrotechnology Research Institute, state-run utility Korea Electric Power Corp., and the municipality of Changwon recently held [...]
SEOUL, May 5 (Korea Bizwire) — Following Japan’s decision to release contaminated water from its wrecked Fukushima nuclear power plant into the ocean, some South Korean consumers have opted to reduce their consumption of seafood regardless of its origin, a consumer advocacy group here said Tuesday. The Consumers Korea conducted a survey of 500 men [...]
DAEJEON, May 5 (Korea Bizwire) — A South Korean research team has developed a new air purification technology using water drops. The Korea Institute of Energy Research (KIER) said Tuesday that it had developed and successfully demonstrated a new electrostatic spray-based air purification technology. Electrostatic spray makes use of high voltage electricity when spraying water [...]
SEOUL, May 4 (Korea Bizwire) — A substantial share of South Koreans think that the nation’s relationship with the United States is more important than that with China, a survey showed Monday. The Federation of Korea Industries conducted a survey of 1,010 South Koreans over 20 years of age. Koreans’ favorable perception about the U.S. [...]