SEOUL, May 12 (Korea Bizwire) — In a new step toward carbon neutrality in the building sector, the South Korean government has introduced a savings program that rewards citizens with higher interest rates if they reduce their electricity consumption. The Ministry of Land, Infrastructure and Transport announced Sunday the launch of the “Energy-Saving DooDream Savings” product, [...]
SEOUL, May 11 (Korea Bizwire) — On a sunny spring afternoon in Seoul’s Yeouido Hangang Park, police officers outfitted with wearable robotic exoskeletons patrolled bustling recreational areas, turning heads among picnickers and joggers. The futuristic gear—reminiscent of RoboCop—is part of a new initiative by the Seoul Metropolitan Police to bring advanced technology into community policing. Launched [...]
SEOUL, May 10 (Korea Bizwire) — The South Korean government has begun crafting its Fifth Basic Plan for Low Fertility and Aging Society, a sweeping five-year strategy aimed at countering the nation’s deepening demographic crisis. The new plan, set to take effect in 2026, will replace the current fourth plan that expires this year. At the [...]
SEOUL, May 9 (Korea Bizwire) — Official presidential election campaigning will begin next week, the National Election Commission (NEC) said Friday, with just over three weeks remaining until South Korea chooses a new leader to replace former President Yoon Suk Yeol, who was ousted over his failed martial law bid. The campaigning will begin Monday [...]
ULSAN, South Korea, May 9 (Korea Bizwire) — HD Hyundai Heavy Industries is undertaking a sweeping overhaul of its Ulsan shipyard under a new “Visible Safety” initiative aimed at modernizing aging facilities and reinforcing workplace safety culture, the company announced Friday. Launched in response to risks associated with the nearly 50-year-old plant, the project focuses on [...]
SEOUL, May 9 (Korea Bizwire) — Prosecutors on Friday demanded a two-year prison term for a man accused of beating a reporter during a violent mob attack at the Seoul Western District Court earlier this year. The 37-year-old man, surnamed Park, was indicted on charges of kicking and tugging at the camera of a video [...]
SEOUL, May 9 (Korea Bizwire) — South Korean families of those abducted by North Korea have sent large balloons filled with leaflets to the North, urging the regime to repatriate their loved ones, a group representing such families said Friday. Three giant latex balloons were flown northward from a South Korean border area in Gangwon [...]
SEOUL, May 9 (Korea Bizwire) — North Korean leader Kim Jong-un visited the Russian Embassy in Pyongyang on Friday to mark the 80th anniversary of Russia’s World War II victory over Nazi Germany, pledging steady development of relations with Moscow. Accompanied by his daughter and top party and state officials, Kim visited the Russian Embassy [...]
SEOUL, May 9 (Korea Bizwire) — Judges nationwide will hold an extraordinary meeting later this month to discuss the controversy surrounding presidential candidate Lee Jae-myung’s election law violation case, a judges’ association said Friday. The meeting will be held May 26 at the Judicial Research and Training Institute in Goyang, northwest of Seoul, after the [...]
SEOUL, May 9 (Korea Bizwire) — Russian President Vladimir Putin on Friday met with a North Korean military delegation during a military parade marking the 80th anniversary of the Soviet Union’s victory in World War II held in Moscow. Following his speech and the conclusion of the military parade in Moscow’s Red Square, Putin greeted [...]