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Prime Minister Warns of ‘Judgment of Truth’ for Those Distorting 1980 Democracy Uprising

Prime Minister Warns of ‘Judgment of Truth’ for Those Distorting 1980 Democracy Uprising

SEOUL, May 18 (Korea Bizwire) — Prime Minister Lee Nak-yon said Friday that those distorting what happened during the bloody crackdown on a 1980 pro-democracy uprising will face the “judgment of truth,” apparently referring to former President Chun Doo-hwan. During a ceremony to commemorate the May 18 democracy movement in the southwestern city of Gwangju, [...]

‘GandCrab’ Ransomware Spreads in S. Korea

‘GandCrab’ Ransomware Spreads in S. Korea

SEOUL, May 18 (Korea Bizwire) — Ransomware called “GandCrab” has recently surged through emails in South Korea, industry sources said Friday. GandCrab, which first appeared in January overseas, sends a malicious URL through emails for a ransom note demanding a payment in cryptocurrency. Ransomware refers to malware that locks up files on a computer with [...]

Samsung’s Smartphone Recycling Program Wins U.S. Environmental Award

Samsung’s Smartphone Recycling Program Wins U.S. Environmental Award

SEOUL, May 18 (Korea Bizwire) — Samsung Electronics Co.’s “upcycling” efforts to utilize outdated smartphones’ parts to create new products and save materials was acknowledged as one of the major environmental movements in the United States, industry sources said Friday. U.S. industry tracker Environmental Leader recognized the Samsung Electronics’ program as the “Judges’ Choice” for [...]

S. Korea to Increase Incentives for Wind Farms

S. Korea to Increase Incentives for Wind Farms

SEOUL, May 18 (Korea Bizwire) — South Korea will raise incentives for offshore wind farm operators and cut back subsidies on biomass producers to promote more eco-friendly energy sources, the energy ministry said Friday. The Ministry of Trade, Industry and Energy said it will adjust the incentive rates for renewable energy sources based on their [...]

North Korea Wary of Bolton’s Involvement in Talks

North Korea Wary of Bolton’s Involvement in Talks

SEOUL, May 17 (Korea Bizwire) – The headline of an article published last month on “The Hill,” a U.S.-based political magazine, reads “Trump, don’t let John Bolton blow up the North Korea talks.” Tom Z. Collina and Catherine Killough, the writers of the opinion article, are avid supporters of denuclearization efforts. They work for Ploughshares Fund, [...]

Observatory Overlooking North Korea Increasingly Popular

Observatory Overlooking North Korea Increasingly Popular

GOSEONG, May 17 (Korea Bizwire) — More than 1,800 visitors have flocked to Military Observatory 717OP (also known as Mt. Kumgang Observator”) that has opened temporarily in time for the spring. The local government of Goseong County in Gangwon Province announced yesterday that 1,863 guests had visited South Korea’s northernmost military observatory between April 28 [...]

Opposition to New Graphic Warning Labels on Cigarettes Grows

Opposition to New Graphic Warning Labels on Cigarettes Grows

SEOUL, May 16 (Korea Bizwire) — The Ministry of Health and Welfare’s recent decision to enlarge the size of graphic warnings on cigarette packs is facing strong opposition from the Korea Tobacco Retailer Association (KTRA). Along with South Korea, a number of countries oblige tobacco companies to cover more than 65 percent of cigarette packages [...]