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Korean Shipbuilders Rush to Develop Eco-friendly Ships amid Regulations

Korean Shipbuilders Rush to Develop Eco-friendly Ships amid Regulations

SEOUL, June 30 (Korea Bizwire) — Hyundai Heavy Industries Co. and other major shipbuilders are scurrying to develop eco-friendly power systems for ships in order to clinch more deals amid toughened emission regulations. The International Maritime Organization (IMO) has adopted mandatory steps under which carriers are required to operate a fleet of vessels designed to [...]

KEPCO Board OKs Indonesian Coal Power Project amid Environmental Controversies

KEPCO Board OKs Indonesian Coal Power Project amid Environmental Controversies

SEOUL, June 30 (Korea Bizwire) — The board of South Korea’s state-run utility firm Korea Electric Power Corp. (KEPCO) on Tuesday approved a business project to build two units of coal power plants in Indonesia despite controversies over profitability and the environment. KEPCO clinched a deal with Indonesia-based PT Barito Pacific in May 2019 to [...]

Quarantine Becomes ‘New Normal’ at Major Beaches

Quarantine Becomes ‘New Normal’ at Major Beaches

SEOUL, June 30 (Korea Bizwire) – As the coronavirus outbreak continues to spread throughout the Greater Seoul Metropolitan Area, almost all major beaches in South Korea are expected to open next month. The government and local authorities in charge of the beaches are scrambling to come up with ideas for quarantine at the beach. Gangwon Province’s Gyeongpo [...]

S. Korea to Compile Big Data on Clinical, Genome Information of 10,000 People

S. Korea to Compile Big Data on Clinical, Genome Information of 10,000 People

SEOUL, June 29 (Korea Bizwire) — South Korea will start compiling big data from the clinical and genome information of 10,000 people, health authorities said Monday. The two-year national pilot project that will run through 2021 will cover data on people with genetic anomalies and those with rare diseases that are linked to their genome. [...]

KBO’s Top Club Also 1st in Overseas Merchandise Sales

KBO’s Top Club Also 1st in Overseas Merchandise Sales

SEOUL, June 29 (Korea Bizwire) — The NC Dinos, so far the top team in South Korean baseball, are also leading everyone in overseas sales of merchandise, data showed on Monday. In response to growing international interest, the Korea Baseball Organization (KBO) launched an English-language version (http://kbomarket.com/us) of its official merchandise site, the KBO Market, [...]

Defense Ministry to Remove Asbestos from All Military Structures by 2025

Defense Ministry to Remove Asbestos from All Military Structures by 2025

SEOUL, June 29 (Korea Bizwire) — The defense ministry said Monday it will eliminate asbestos from all military facilities by 2025 to ensure the health and safety of service members. Around 11,600 military structures, including accommodations and sentry posts, were found to contain the carcinogenic material, according to an inspection last year. Of them, 5,450 [...]

SK Innovation to Invest Another US$940 mln in Georgia

SK Innovation to Invest Another US$940 mln in Georgia

SEOUL, June 29 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner and chemical company, will invest another US$940 million in expanding its electric vehicle (EV) battery plant in the United States, a U.S. official has said. Georgia Gov. Brian P. Kemp said the new project is in addition to SK Innovation’s $1.67 billion [...]

Sports Leagues Welcome Reopening of Stadiums, Prepared for Safe Fan Experience

Sports Leagues Welcome Reopening of Stadiums, Prepared for Safe Fan Experience

SEOUL, June 28 (Korea Bizwire) — South Korean professional sports leagues on Sunday welcomed the government decision to reopen stadiums to fans, albeit on a limited basis, and vowed to ensure safe experience for their fans. Baseball, football and golf have been in action since May during the coronavirus pandemic, but fans haven’t been able [...]