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Runners Race 123 Floors to the Top of Lotte World Tower

Runners Race 123 Floors to the Top of Lotte World Tower

SEOUL, April 24 (Korea Bizwire) – A vertical marathon race dubbed Sky Run was held at Lotte World Tower yesterday. During the international marathon event held at the newly opened landmark building in Seoul’s Songpa District, over 900 participants from around the world raced up 123 floors to the top of the towe – 2,917 stairs [...]

Korean Breweries Desperate to Preserve Market Share from Import Beers

Korean Breweries Desperate to Preserve Market Share from Import Beers

SEOUL, April 24 (Korea Bizwire) – Local breweries are on high alert with the emerging presence of imported beer brands in the South Korean market.  Although an estimate, as breweries in South Korea refrain from disclosing specific sales statistics to for competitive purposes, industry experts believe that foreign breweries accounted for more than 10 percent [...]

South Korean Military Acceptance Rate Falls with Population Shift

South Korean Military Acceptance Rate Falls with Population Shift

SEOUL, April 24 (Korea Bizwire) – The competition to join the South Korean military, which recently heightened amid a nation-wide economic downturn and rising youth unemployment, is subsiding with the number of South Korean youth gradually declining.  According to the Ministry of National Defense, there were 566,656 young applicants to South Korea’s mandatory military service [...]

Chungju’s Smart Farming Technologies Bear Fruitful Results

Chungju’s Smart Farming Technologies Bear Fruitful Results

CHUNGJU, South Korea, April 24 (Korea Bizwire) – Chungju, North Chungcheong Province, is making optimistic progress with its smart farm initiatives.  The city launched the project in 2015 by equipping a laboratory at the local Agricultural Technology Center with ubiquitous information technology (u-IT).  The horticulture lab, used mainly for plant research and production, can monitor [...]

More South Koreans Scrap Their Cars with Government Incentives for Trade-Ins

More South Koreans Scrap Their Cars with Government Incentives for Trade-Ins

SEOUL, April 24 (Korea Bizwire) – An increasing number of people have junked their cars this year, statistics showed Monday, apparently to take advantage of a government-backed trade-in program for old diesel-powered vehicles. A tally from the Ministry of Land, Infrastructure and Transport said 210,705 cars were scrapped in the January-March period this year, up [...]

Front-runner Moon Pledges to Scrap Construction of Coal-fired Power Plants, Nuclear Reactors

Front-runner Moon Pledges to Scrap Construction of Coal-fired Power Plants, Nuclear Reactors

SEOUL, Apr. 24 (Korea Bizwire) — South Korea’s leading presidential candidate Moon Jae-in on Saturday unveiled a set of energy policy pledges that include reducing coal-fired power plants and nuclear reactors in the country, while expanding renewable energies. Moon’s camp said there will be no more construction of nuclear reactors and coal-fired power plants. The [...]

Over 90 pct of NK Defectors ‘Proud’ to be S. Koreans: Poll

Over 90 pct of NK Defectors ‘Proud’ to be S. Koreans: Poll

SEOUL, Apr. 24 (Korea Bizwire) — Nine out of 10 North Korean defectors said they were proud to be South Koreans, a survey showed Saturday. According to the poll by the Korea Hana Foundation, a South Korean unification ministry affiliate, 92.3 percent of 2,663 North Korean defectors said they were proud to be South Korean [...]