SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s coal consumption increased last year, bucking the global trend for reducing carbon emissions, a report showed Sunday. South Korea consumed 88.2 million tons of oil equivalent (TOE), a unit of energy, in 2018, up 2.4 percent from a year ago, according to the London-based energy company BP’s [...]
SEOUL, Aug. 16 (Korea Bizwire) — Artists participating in the Aichi Triennale 2019 are demanding that their work be withdrawn following the organizers’ removal of the Statue of a Girl of Peace. South Korean artists Park Chan-kyong and Lim Min-ouk asked the Triennale secretariat to remove their work from the exhibition as a protest against [...]
SEOUL, Aug. 16 (Korea Bizwire) — Rescue drones developed by a South Korean university research team have successfully passed on-site tests. Researchers from the Korea Aerospace University conducted an on-site drone test at Jumunjin Beach in Gangwon Province, which turned out to be successful. The rescue drones are designed to reach the survivors of an [...]
SEOUL, Aug. 16 (Korea Bizwire) — SK Group has decided to work with other global corporations over the next three years to build international standards to measure the ‘social value’ generated by businesses. SK announced that the Value Balancing Alliance (VBA), a non-profit organization in Frankfurt, Germany, will begin carrying out the task of jointly [...]
SEOUL, Aug. 16 (Korea Bizwire) — The threshold for luxury hotels has been lowered, with the concept of ‘hocance’, a combination of “hotel + vacation” becoming one of the most common forms of travel. Even if guests do not stay overnight, hotels are turning into a place where guests can spend few hours together by [...]
GWANGJU, Aug. 16 (Korea Bizwire) — At the FINA World Masters Championships Gwangju 2019, a gathering of swimming enthusiasts, sad or funny scenes have been displayed, drawing laughter and exclamations from the audience. In particular, unexpected scenes were shown in swimming races and diving competitions, sometimes drawing exclamations and sometimes laughter. Diving is a sport [...]
SEOUL, Aug. 16 (Korea Bizwire) — The government has begun full-fledged discussions on levying taxes and funds for online video services, a so-called “YouTube tax.” The Ministry of Science and ICT recently asked the Korea Legislation Research Institute, a government-funded research institute, to carry out research projects on overseas trends of digital taxes, including YouTube [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Koreans’ credit card spending on Japanese products has more than halved in the past month amid an escalating trade row between the two countries, government data showed Thursday. Korean consumers have staged a campaign against Japanese products and travel to the neighboring country since early July when Japan [...]
SEOUL, Aug. 14 (Korea Bizwire) — According to a recent survey, male and female smokers differ in their preferences for designated smoking areas. It turns out that men usually smoke outside, while women tend to prefer smoking inside. The Korea Institute for Health and Social Affairs conducted a national survey of 3,200 smokers. Based on [...]
SEOUL, Aug. 14 (Korea Bizwire) — A recent study has revealed that companies have negative views about job applicants with short work experience at a previous job or those who have changed their job frequently. Saramin, a job search platform, conducted a survey on 662 companies, 81.3 percent of whom said they had negative views [...]