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Refiners Brace for IMO 2020 with Desulfurization, Upgraded Facilities

Refiners Brace for IMO 2020 with Desulfurization, Upgraded Facilities

SEOUL, Nov. 12 (Korea Bizwire) — South Korean refiners said Tuesday they’re ready to cope with new International Maritime Organization (IMO) regulations on sulfur content in marine fuel with desulfurization and upgraded facilities. Starting Jan. 1, 2020, the IMO’s new rule will go into effect limiting the sulfur cap of marine fuel to 0.5 percent [...]

Gov’t Launches Cooperative Self-driving Week to Foster Technology Development

Gov’t Launches Cooperative Self-driving Week to Foster Technology Development

SEJONG, Nov. 11 (Korea Bizwire) — The South Korean government will arrange events to encourage the development of technologies for cooperative autonomous driving. The Ministry of Land, Infrastructure and Transport will hold a cooperative self-driving week Monday through Friday, where it will conduct an infrastructure inter-compatibility test and demonstrate technology for a platoon driving system. [...]

Telco-cable TV Mergers to Reshape S. Korean Media Market

Telco-cable TV Mergers to Reshape S. Korean Media Market

SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s telecom players and cable TV network operators are set to join forces to retain and attract more customers in the face of toughening competition with global content providers, gearing up for a major shift in the local media market. The process of mergers and acquisitions (M&As) between [...]

Platform Labor, Innovation or Illegal?

Platform Labor, Innovation or Illegal?

SEOUL, Nov. 8 (Korea Bizwire) — Last Tuesday, the Ministry of Employment and Labor recognized the status of delivery people at Yogiyo, a South Korean food delivery platform, as workers, raising controversy over how to address platform labor. Platform labor refers to a form of labor achieved through intermediary platforms such as mobile apps. Food [...]

4 in 10 Office Workers Prefer Car-sharing Services to Taxis

4 in 10 Office Workers Prefer Car-sharing Services to Taxis

SEOUL, Nov. 8 (Korea Bizwire) — Ride-hailing services like South Korean mobility platform Tada are becoming increasingly popular among office workers, a recent study has revealed. Job portal Incruit conducted a survey of 4,326 adults, 41 percent of whom responded that they have the intention to use shared mobility platforms. In particular, 45 percent of [...]

Gov’t to Strengthen Crackdown on Irregularities in Private Education

Gov’t to Strengthen Crackdown on Irregularities in Private Education

SEOUL, Nov. 8 (Korea Bizwire) — The education ministry said Friday it will conduct a special crackdown on alleged irregularities in the private education sector, including high-priced consulting services tailored for college admission. The move is part of the government’s pre-emptive measures to tackle potential rises in expensive private tutoring services as the government has [...]

Stress is a Poison for Humans, but a Breakthrough for Graphene

Stress is a Poison for Humans, but a Breakthrough for Graphene

DAEJEON, Nov. 8 (Korea Bizwire) — Studies show that stress, which is toxic to people, acts as a “breakthrough” for graphene, a new material with potential applications in semiconductors. A team of researchers at the Institute of Basic Science released the results of a study Thursday that indicates stress stimulates further reactions to graphene function [...]

Court Rules Personal Grooming Does Not Constitute ‘Work’

Court Rules Personal Grooming Does Not Constitute ‘Work’

SEOUL, Nov. 8 (Korea Bizwire) — A South Korean court has rejected a lawsuit filed by workers who asked their employer to pay them overtime for the time spent on so-called “grooming for work,” which typically involves applying makeup and styling one’s hair. The Seoul Central District Court ruled Thursday that 335 employees of a [...]