WASHINGTON, Feb. 13 (Korea Bizwire) — Former President Donald Trump’s recent controversial remarks on the North Atlantic Treaty Organization (NATO) is stoking a renewed yet consequential question for South Korea: Would America’s security commitment remain steadfast in the midst of seemingly unbridled North Korean threats? During a campaign rally in South Carolina on Saturday, Trump [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea’s industry ministry said Wednesday it has hosted a roundtable to promote its carbon-free vision with key partners on the margins of the International Energy Agency (IEA) meeting. The carbon-free energy roundtable, inviting “like-minded” nations, including Britain, Canada and Japan, was held in Paris on Tuesday (France time) [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea’s defense ministry and the Pentagon will lead the third meeting of the Nuclear Consultative Group (NCG) slated for June in Seoul to discuss a shared nuclear strategy to deter North Korea’s nuclear threat. Cho Chang-rae, South Korea’s deputy defense minister for policy, and Vipin Narang, principal U.S. [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea and Colombia on Wednesday signed an agreement to mutually recognize the airworthiness certification of their military aircraft, the state arms procurement agency said, in a boost for Seoul’s efforts to export aircraft to the South American country. The Defense Acquisition Program Administration (DAPA) said it signed the [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea recorded the warmest-ever February morning temperatures Wednesday, with morning lows in many parts of the nation exceeding 10 C, the weather agency said. The daily minimum temperature in Incheon, a port city west of Seoul, reached 11 C, marking the highest morning low for February recorded since [...]
SEOUL, Feb. 14 (Korea Bizwire) — The financial regulator said Wednesday it will unveil a set of guidelines on public disclosures for investments that commit to environmental, social and governance (ESG) goals in March or April, the financial regulator said Wednesday. The new standards, however, will continue to be subject to changes until their implementation [...]
DAEJEON, Feb. 14 (Korea Bizwire) – A groundbreaking study conducted by a research team led by professor An Youn-joo of Konkuk University has confirmed that microplastics absorbed by plants from soil can be transferred to their fruits and subsequently to the next generation of plants. The study, funded by the National Research Foundation of Korea, highlights [...]
DAEJEON, Feb. 14 (Korea Bizwire) – From August, infringements on intellectual property rights in Korea, including patent violations, trade secret breaches, and idea theft, will be subject to penalties of up to five times the amount of actual damages. The main feature of the revised law is the extension of the punitive damages limit from the [...]
SEOUL, Feb. 14 (Korea Bizwire) – Starting this year, every mother who gives birth in Seoul will be eligible to receive a financial assistance of 1 million won. Announced on February 13, the city government has eliminated the requirement of residing in Seoul for at least six months, making the support available to all mothers who [...]
SEOUL, Feb. 14 (Korea Bizwire) – In a significant development for international agricultural aid, a dairy cow sent from South Korea to Nepal in December 2022 has successfully given birth to a calf, marking a first for both the donation of dairy cows from Korea to another country and for the birth of a calf from [...]