JEJU, May 29 (Korea Bizwire) — Black corals, a legally protected species living off the coast of Jeju Island, are drastically plunging in population due to sea anemones. Black coral, also known as the red pine tree of the sea, is an endangered species protected by the Cultural Heritage Administration (CHA), Ministry of Environment, and [...]
SEOUL, May 29 (Korea Bizwire) — “Sour Candy,” American pop singer Lady Gaga’s latest song featuring K-pop quartet BLACKPINK, reached the No. 1 spot on more than 50 Apple iTunes charts, according to the group’s management agency Friday. The song, part of Lady Gaga’s new album “Chromatica,” climbed to the top of the iTunes Song [...]
SEOUL, May 29 (Korea Bizwire) — Vietnamese state-run dairy giant Vinamilk has entered South Korea to meet growing demand for premium milk products, Vina Korea said Friday. Vina Korea, a Korean company set up by five local distribution firms for the sale of Vinamilk products, began to sell milk tea, soybean milk and condensed milk-based [...]
SEOUL, May 29 (Korea Bizwire) — Carrying two ice lattes and a blueberry scone, a courier leaves a cafe on the 18th floor of a building, passing through an automatic door before taking an elevator down to the fourth floor. The deliverer then uses an application to notify the customer that the order will arrive [...]
SEOUL, May 28 (Korea Bizwire) — Nissan Motor Co. said Thursday it will withdraw its operations from South Korea by December amid weak sales caused by lingering anti-Japan sentiment and the new coronavirus outbreak. The Japanese carmaker will pull out the Nissan and premium Infiniti brands as part of its global business reorganization, the company [...]
SEOUL, May 28 (Korea Bizwire) — Last Friday, the front page of Süddeutsche Zeitung, Germany’s leading daily newspaper, covered the painful story of a Korean student couple. The article shed light on the racist violence that the couple suffered on the subway in Berlin on April 27. Lee Se-jin and his wife, Kim Hyun-eum, suffered [...]
SEOUL, May 28 (Korea Bizwire) — A planned legislative changed will soon make it possible to modify vehicles into recreational vehicles commonly known as ‘camping cars’ in South Korea, without having to change the vehicle’s model designation. The Ministry of Land, Infrastructure and Transport said Wednesday that it will revise and implement regulations on tuning [...]
SEOUL, May 27 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Wednesday it will invest 1 trillion won (US$812 million) in research and development projects this year. In its 2020 sustainability report, Hyundai Mobis said it will invest in 2,000 R&D projects involving next-generation vehicles and expand its R&D workforce [...]
SEOUL, May 27 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. became the fourth-largest seller of electric vehicles (EVs) globally in the first quarter of the year, industry data showed Wednesday. Hyundai and Kia sold a combined 24,116 EVs in the January-March period, accounting for 8 percent of the global market, [...]
SEOUL, May 27 (Korea Bizwire) – The South Korean government plans to put various systems developed to fight the coronavirus into packages available for export. The Ministry of Land, Infrastructure and Transport (MOLIT) and other agencies plan to organize a task force to export various K-quarantine technologies in the face of worldwide demand. The government [...]