WASHINGTON, Mar. 25 (Korea Bizwire) — U.S. think tank experts floated the idea Monday of the United States tapping into South Korea’s 105 millimeter munitions stockpile to support Ukraine’s fight against Russia, as Kyiv urgently needs artillery ammunition supplies in the ongoing war of attrition. Mark Cancian, a senior adviser at the Center for Strategic [...]
SEOUL, Mar. 26 (Korea Bizwire) — South Korea’s consumer sentiment snapped an improvement for the third consecutive month in March amid soaring prices of farm goods and a slump in private spending, a central bank poll showed Tuesday. The composite consumer sentiment index stood at 100.7 this month, down from 101.9 the previous month, according [...]
CHEONGJU, Mar. 26 (Korea Bizwire) — The city of Cheongju has announced plans to actively promote the use of reusable containers at the upcoming “Food Truck Festival with Cherry Blossoms,” scheduled to commence on March 29. This initiative aims to minimize waste generation and foster a more sustainable event. According to the city’s plan, the [...]
ANDONG, Mar. 26 (Korea Bizwire) – In a bid to create a sustainable and thriving future for Ulleungdo, a picturesque island off the east coast of South Korea, the North Gyeongsang provincial government and Ulleung County have launched an ambitious “Green Island Project” in partnership with universities, companies, and research institutes. On March 25, 11 entities [...]
SEOUL, Mar. 25 (Korea Bizwire) –The Ministry of Science and ICT (MSIT) has announced the launch of the ‘Kiosk UI Platform’ starting March 26, aimed at simplifying the development of accessible kiosks that ensure information access for the elderly and disabled communities. To create user-friendly kiosks for all citizens, the MSIT has established UI design [...]
SEOUL, March 25 (Korea Bizwire) — South Korea will become the first Asian country to join Horizon Europe, the world’s largest multilateral research and innovation (R&I) funding program, Seoul’s science ministry said Monday. Science Minister Lee Jong-ho and his European counterpart, Iliana Ivanova, have reached an agreement on South Korea’s participation in the European Union’s [...]
SEOUL, March 25 (Korea Bizwire) – Finance Minister Choi Sang-mok said Monday that the government will devise measures to boost the competitiveness of the farming industry and revamp its logistics structure as surging prices of fruits and fresh food items have pushed up inflation. Choi announced the plan during a visit to a major discount [...]
SEOUL, March 25 (Korea Bizwire) – The antitrust regulator said Monday it will launch a study into the e-commerce sector to analyze the market structure and check competition issues as part of efforts to ensure fair business practices amid a growing number of online shopping consumers. Four-week preliminary market research will begin Tuesday to collect [...]
SEOUL, Mar. 25 (Korea Bizwire) – The ubiquitous use of disposable wet wipes across South Korean households and businesses is incurring an environmental toll that has raised alarms, with a recent government study estimating that the annual cost of managing the resulting waste has reached a staggering 1.78 trillion won. The findings, contained in a report [...]
SEOUL, Mar. 25 (Korea Bizwire) — South Korea plans to launch its second military satellite in early April, the defense ministry said Monday, under a project to launch five satellites to better monitor North Korea. South Korea launched the first surveillance satellite using SpaceX’s Falcon 9 rocket from a U.S. military base in California last [...]