SEOUL, Aug. 13 (Korea Bizwire) — South Korea plans to roll out a comprehensive strategy next month aimed at fostering a more researcher-friendly ecosystem for research and development in cutting-edge technologies, the Ministry of Science and ICT announced Wednesday. Science Minister Bae Kyung-hoon met with researchers at Seoul National University to discuss ways to revamp the [...]
SEOUL, Aug. 13 (Korea Bizwire) — Six South Korean farmers have filed a civil lawsuit against Korea Electric Power Corporation (KEPCO) and its five power subsidiaries, demanding compensation for climate-related damages. The lawsuit, announced Tuesday during a press conference in Gwanghwamun Square, Seoul, marks the first legal challenge holding KEPCO and its affiliates accountable for [...]
SEOUL, Aug. 13 (Korea Bizwire) – South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has announced a new rebate program offering consumers a 10% refund on energy-efficient household appliances purchased after July 4, 2025. The initiative, known as the “Top Efficiency Household Appliance Rebate Program,” aims to encourage the purchase of energy-saving products and [...]
SEOUL, Aug. 12 (Korea Bizwire) — LG CNS Co., an information technology affiliate of South Korea’s LG Electronics Inc., said Tuesday it has signed an agreement to build an artificial intelligence (AI) data center in Vietnam. A memorandum of understanding (MOU) was signed with Vietnam Posts and Telecommunications Group (VNPT) and Korea Investment Real Asset [...]
SEOUL, Aug. 12 (Korea Bizwire) — Police said Tuesday they have launched an investigation into K-pop star G-Dragon and Yang Hyun-suk, the founder and chief producer of major agency YG Entertainment, over alleged violation of copyright law. Seoul’s Mapo Police Station began the probe after receiving a complaint in November from a composer who claimed [...]
SEOUL, Aug. 12 (Korea Bizwire) — Foreign Minister Cho Hyun will visit HD Hyundai Heavy Industries Co.’s shipyard with Joseph Yun, the acting U.S. ambassador to South Korea, this week to explore ways to expand bilateral cooperation in the shipbuilding sector, the foreign ministry said Tuesday. Cho and Yun plan to visit the shipyard in [...]
SEOUL, Aug. 12 (Korea Bizwire) — Two British naval vessels have docked in South Korea as part of a regional tour aimed at enhancing security cooperation in the Indo-Pacific, the British Embassy in Seoul said Tuesday. The frigate HMS Richmond arrived at a port in the southern city of Busan earlier in the day, while [...]
SEOUL, Aug. 12 (Korea Bizwire) — Top business leaders of South Korea and Vietnam on Tuesday highlighted the need to form a strategic economic partnership between their countries while vowing to continue enhancing their bilateral cooperation in various sectors. “Today, the business environment faced by both countries at home and abroad remains challenging,” Chey Tae-won, [...]
SEOUL, Aug. 12 (Korea Bizwire) — In the past month, South Korea has experienced a surge in terror threats, raising alarm about public safety and the misuse of resources. Among the incidents reported were bomb threats at major locations such as the KSPO Dome, Shinsegae Department Store, and a number of schools and hospitals. Notably, [...]
YEONGAM, Aug.12 (Korea Bizwire) – The South Korean municipality of Yeongam has confirmed two court rulings from the Japanese colonial era, which reveal that local residents who exposed the forced recruitment of comfort women by the Japanese military were criminally punished. The incidents, which occurred in 1938, shortly after the start of the Second Sino-Japanese [...]