SEOUL, Sept. 22 (Korea Bizwire) — Tesla Motors Inc.’s Model S 90D is eligible to receive government subsidies in South Korea as the country has recently eased regulations involving battery charging time, the environment ministry said Friday. On Thursday, the Ministry of Environment notified the U.S. electric carmaker of its decision to include the Model [...]
SEOUL, Sept. 22 (Korea Bizwire) — When people hear the words “virtual reality” (VR), most would think of video games with awkward VR headsets. Some would think of “The Matrix,” the movie where the main character, Neo, realizes that his reality is actually a computer simulation and that the Matrix is a VR version of [...]
SEOUL, Sept. 21 (Korea Bizwire) – The upcoming Chuseok holiday starting on October 2 will likely see a reenactment of the annual tradition of highways jam packed with cars inching slowly but surely to extended family gatherings in the outer provinces. In order to cheer up travelers made morose by appalling traffic conditions, the Korea [...]
SEOUL, Sept. 21 (Korea Bizwire) – The Olympic medals given to first, second and third place finishers were unveiled today, a sign that the 2018 Winter Games in Pyeongchang are now just around the corner. The 586-gram gold, 580-gram silver and 493-gram bronze medals with their colorful lanyards dazzled spectators at the presentation event. Designer [...]
Visitors to Dongdaemun Design Plaza from September 21 through 27 will get to take a look at toilets of the future. (Image: UNIST) ULSAN, Sept. 21 (Korea Bizwire) – Visitors to Dongdaemun Design Plaza from September 21 through 27 will get to take a look at toilets of the future. Named Walden 1.0 and [...]
SEOUL, Sept. 21 (Korea Bizwire) – With North Korea’s military provocation continuing to pose a threat to peace on the Korean Peninsula, talks of deploying a nuclear submarine in response to the ballistic missile threat have reemerged in South Korea. Amid the growing threats posed by North Korea’s submarine-launched ballistic missiles, also known as SLBM, it [...]
SEOUL, Sept. 21 (Korea Bizwire) – A new study has warned that a significant number of South Korean retirees and those soon to be retired are making financial decisions emotionally during their preparation for retirement. According to the study by Prudential Life Insurance Company released on Thursday, the ‘retirement emotion quotient’ among South Koreans aged [...]
SEOUL, Sept. 21 (Korea Bizwire) – Distrust generated by scandals over pesticide-riddled eggs, the supposed presence of harmful chemical substances in women’s sanitary pads and hazardous humidifier disinfectants has caused more Koreans to look abroad for solutions to everyday needs. The preference for goods that come with the “Western Advanced Nation” tag that oft emerges [...]
SEOUL, Sept. 21 (Korea Bizwire) – Medical statistics on the health status of young South Koreans have served as a sobering reality check for those who crow that one’s 20s are “the best time to be alive”. The worrying state of the nation’s youth was outlined by National Assemblywoman and member of the central government’s [...]
DAEJEON, Sept. 21 (Korea Bizwire) — With a growing number of hacking cases targeting home CCTV cameras reported in South Korea, a public corporation that specializes in security has revealed a new hacking protection technology. The Korea Minting, Security Printing & ID Card Operating Corp, also known as KOMSCO, held a press briefing on Wednesday at [...]