WASHINGTON, Jan. 29 (Korea Bizwire) — North Korea’s bellicose rhetoric, persistent weapons tests and pursuit of sturdier military ties with Russia are raising questions over whether it is time for the United States to recalibrate its policy and take a more creative approach. After taking office in early 2021, the Joe Biden administration unveiled a [...]
SEOUL, Jan. 30 (Korea Bizwire) — The South Korean government has disapproved an offshore wind project pushed by a sub-subsidiary of global investment firm BlackRock Inc., citing a lack of data to prove its financial ability and power system issues in the region, officials said Tuesday. Kredo Holdings Ltd. is working to build five wind [...]
SEOUL, Jan. 30 (Korea Bizwire) — A new front-line barracks of the United Nations Command (UNC) Security Battalion has been named after two U.S. Army officers who were killed in a 1976 axe incident as a tribute their sacrifices, the command said Tuesday. Major Arthur Bonifas and First Lieutenant Mark Barrett were killed by North [...]
SEOUL, Jan. 30 (Korea Bizwire) — President Yoon Suk Yeol vowed Tuesday to improve services in the digital government, online gaming and telemedicine sectors, saying digital technologies should be a tool to promote people’s freedom and welfare. Yoon made the remark during a government-public debate on people’s livelihood issues, the seventh in a series, which [...]
SEOUL, Jan. 30 (Korea Bizwire) – A recent survey has revealed that soldiers are aiming to save over 10 million won during their military service, with plans to spend the money on travel after their discharge. The survey, conducted by the Ministry of National Defense’s Kookbang Ilbo through the app ‘The Camp’ from January 13 to [...]
SEOUL, Jan. 30 (Korea Bizwire) – A rescue mission has been initiated for a juvenile Indo-Pacific humpback dolphin, identified as “Jongdal,” that has been caught in discarded fishing lines for over two months, hindering its ability to swim freely. The operation is being conducted by the Jeju Dolphin Emergency Rescue Team, which consists of marine environmental [...]
SEOUL, Jan. 29 (Korea Bizwire) – North Korea’s recent series of missile launches using diverse platforms indicate its efforts to develop more powerful and harder-to-detect weapons, posing a challenge to South Korea’s missile defense system, experts said Monday. North Korea tested an array of missiles under development at the start of the year, including a [...]
SEOUL, Jan. 29 (Korea Bizwire) – Over the last 10 years, the number of doctors working at plastic surgery clinics has nearly doubled, marking a significant increase in this specialty within primary healthcare facilities in South Korea. Dermatology clinics, another popular medical field, have also seen a notable rise in the number of physicians, with a [...]
SEOUL, Jan. 29 (Korea Bizwire) – Executives of export companies believe that family business succession is crucial for the sustainability and responsible management of their enterprises. However, a recent study reveals that due to heavy tax burdens and negative social perceptions, many are contemplating selling or shutting down their businesses. A report from the Korea International [...]
SEOUL, Jan. 29 (Korea Bizwire) — South Korea aims to develop an unmanned reconnaissance aircraft deployable from warships by 2028, the state arms procurement agency said Monday, amid efforts to boost surveillance against North Korean threats. Last month, the Defense Acquisition Program Administration (DAPA) signed a contract worth 143.3 billion won (US$107.1 million) with defense [...]