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No More Waste, Plastic and Utility Poles on Ulleung Island

No More Waste, Plastic and Utility Poles on Ulleung Island

SEOUL, Apr. 23 (Korea Bizwire) — North Gyeongsang Province announced its plans to turn Ulleung Island into an ‘isle without waste, plastic, and utility poles.’ The long-term plan is to raise the quality of the island’s nature to be listed as a UNESCO World Natural Heritage Site. North Gyeongsang Province’s Pan-East Sea Regional Office said [...]

Park Mak-rye Meets YouTube CEO

Park Mak-rye Meets YouTube CEO

SEOUL, Apr. 23 (Korea Bizwire) — Park Mak-rye, the ‘Korea Grandma’ behind one of the county’s most popular YouTube channels, showed off her presence as she even met with YouTube’s CEO. KPR & Associates, a public relations firm representing YouTube, reported on Monday that it had released the contents of Park’s meeting with YouTube CEO [...]

52-hour Workweek Policy Triggers Consumption Changes

52-hour Workweek Policy Triggers Consumption Changes

SEOUL, Apr. 23 (Korea Bizwire) — Since the implementation of the 52-hour workweek, netizens’ searches for restaurants have decreased, while the use of home-training and interior-related applications has surged, the survey showed. According to Daehong Communications Inc., an advertising agency affiliated with Lotte Group, an analysis of changes in consumer lifestyle based on its social [...]

National Pension Beneficiaries See Big Drop in Purchasing Power After Retirement

National Pension Beneficiaries See Big Drop in Purchasing Power After Retirement

SEOUL, Apr. 23 (Korea Bizwire) — The Hana Institute of Finance, a research unit of Hana Financial Group Inc., has suggested in its “Report on the Retirement Life of South Korean National Pensioners” published on Monday that nearly half of the recipients of the national pension plan see a 50 percent drop in their purchasing [...]

Department Store and Duty-free Shop Employees Protest Against ‘Customer-only Restrooms’

Department Store and Duty-free Shop Employees Protest Against ‘Customer-only Restrooms’

SEOUL, Apr. 23 (Korea Bizwire) — Employees at department stores and duty-free shops took to the streets claiming their right to use the restrooms at their workplaces normally reserved for customers. The Korean Federation of Service Workers’ Unions held a press conference at the National Human Rights Commission of Korea (NHRCK) on Monday, claiming that [...]

Jeju Construction Companies Facing Crisis with More than 1,200 Homes Unsold

Jeju Construction Companies Facing Crisis with More than 1,200 Homes Unsold

JEJU, Apr. 23 (Korea Bizwire) — Construction companies are facing the consequences of the decline in the real estate market on Jeju Island, as an increasing number of houses are sitting empty without buyers. Jeju Province announced on Monday that as many as 1,271 residences were left unsold this year. The number of unsold homes [...]

Samsung Postpones Release of Galaxy Fold in U.S. Market

Samsung Postpones Release of Galaxy Fold in U.S. Market

SEOUL, Apr. 23 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that it has decided to postpone the release of its Galaxy Fold smartphone in the United States due to problems found with the folding screen and related mechanism. The South Korean tech giant, which originally planned to start selling the world’s first foldable smartphone [...]

S. Korean Scientists Develop Efficient, Cheap Way to Make Hydrogen from Water

S. Korean Scientists Develop Efficient, Cheap Way to Make Hydrogen from Water

SEOUL, Apr. 23 (Korea Bizwire) — South Korean scientists on Tuesday said they have developed an efficient and affordable way to make hydrogen, opening new potential for the production of the clean energy resource. The researchers led by Hyeon Taeghwan, director of the Center for Nanoparticle Research at the Institute for Basic Science, and Seoul [...]