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Hyundai to Suspend Production at Plant Without Cutting Employee Wages

Hyundai to Suspend Production at Plant Without Cutting Employee Wages

SEOUL, April 13 (Korea Bizwire) — Hyundai Motor Co. has disclosed that it will temporarily suspend production at its Asan plant in South Chungcheong Province for two days on Monday to Tuesday due to difficulty in procuring automotive chips. Despite the production suspension, however, plant workers will still be paid their full wages, raising some [...]

Researchers Develop Visual Aid to Verify Vaccine Storage Temperatures

Researchers Develop Visual Aid to Verify Vaccine Storage Temperatures

DAEJEON, April 13 (Korea Bizwire) — A South Korean research team has developed new technology that enables users to easily check with their bare eyes whether COVID-19 vaccines from companies such as Pfizer Inc. and Moderna that need to be stored at low temperature are safely distributed. Researchers from the state-run Korea Research Institute of [...]

ESG Funds Emerge as Hot Investment in S. Korea

ESG Funds Emerge as Hot Investment in S. Korea

SEOUL, April 12 (Korea Bizwire) — Investment funds in South Korea that consider environmental, social and governance (ESG) factors in investment decisions are emerging as a hot trend in the nation’s financial industry. The number of financial products that are classified as equity ESG funds among domestic public offering funds as of Thursday totaled 36 [...]

Samsung Runs ‘Galaxy Fan Class’ at Digital Plaza Stores

Samsung Runs ‘Galaxy Fan Class’ at Digital Plaza Stores

SEOUL, April 12 (Korea Bizwire) – Samsung Electronics Co. had started running Galaxy Fan Classes that provide a variety of educational and experience programs, including how to use the latest Galaxy smartphones, at its Digital Plaza stores nationwide. The classes are designed to evolve the Digital Plaza from a simple shopping space into a space [...]