JEONGSEON, March 28 (Korea Bizwire) — Kangwon Land is moving forward with plans to construct an infinity pool as a signature facility at the High1 Grand Hotel, marking its first non-casino development under the K-HIT (High1 Integrated Tourism) Project 1.0 announced last year. The company’s board of directors approved the construction plan and additional investment [...]
SEOUL, March 28 (Korea Bizwire) – Among 2,047 high-ranking South Korean officials required to disclose their assets, many have significant holdings in major international technology companies, according to government records released on March 27. Deputy Prime Minister and Finance Minister Choi Sang-mok invested nearly 200 million won in 30-year U.S. Treasury bonds last year, while [...]
DAEJEON, March 28 (Korea Bizwire) — A research team at the Korea Advanced Institute of Science and Technology (KAIST) has developed a breakthrough mid-infrared detection technology that operates stably at room temperature, potentially paving the way for miniaturized optical sensors. The technology draws comparisons to NASA’s James Webb Space Telescope (JWST), which uses mid-infrared wavelengths [...]
UISEONG, South Korea, March 27 (Korea Bizwire) — As a massive wildfire continues to rage across the North Gyeongsang region following its outbreak on March 22, a story of extraordinary animal resilience and maternal instinct has captured the nation’s attention. Animal rescue group Youumbba revealed this week that a Jindo dog and her puppies were found [...]
SEOUL, March 27 (Korea Bizwire) — SK Telecom on Thursday unveiled its new ESG vision, “Do the Good AI,” signaling a sweeping integration of artificial intelligence across its environmental, social, and governance (ESG) strategy. The initiative reflects the company’s ambition to drive both technological competitiveness and social responsibility through AI innovation. The initiative is structured around [...]
SEOUL, March 27 (Korea Bizwire) — Shinhan Card announced on Thursday the launch of TripPass, a new finance and identity verification platform designed to enhance the experience of foreign tourists and residents in South Korea. The platform offers seamless digital services from identity authentication to payments, and is accompanied by two types of prepaid cards. Developed [...]
SEOUL, March 27 (Korea Bizwire) — With the Earth’s average temperature now 1.5 degrees Celsius higher than pre-industrial levels, climate change is no longer a distant threat but a force reshaping daily life in South Korea and around the world. Wildfires are becoming larger, more frequent, and less predictable. According to Korea’s National Forest Service, the [...]
SEOUL, March 27 (Korea Bizwire) – The South Korean government announced on March 26 an expanded loan program offering interest rate subsidies to small and medium-sized manufacturers of eco-friendly vehicle components, part of its ongoing push to strengthen the nation’s green automotive sector. Under the program, eligible companies can receive loans of up to 10 [...]
SEOUL, March 27 (Korea Bizwire) — LG Display announced on March 26 a comprehensive digital transformation initiative focused on advancing automation and intelligent manufacturing systems, a move that has already yielded dramatic improvements in production efficiency. The display manufacturer’s adoption of artificial intelligence in its OLED production lines last December has reduced processing time from [...]
SEOUL, March 27 (Korea Bizwire) — South Korea’s possible participation in the Alaska liquefied natural gas (LNG) project will likely be viewed “favorably” in tariff negotiations with the Donald Trump administration, Alaska’s governor has said. Alaska Gov. Mike Dunleavy made the remarks in a roundtable interview with Yonhap News Agency and other news outlets on [...]