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Diesel Cars Account for More than Half of Total Distance Travelled by Cars in S. Korea

Diesel Cars Account for More than Half of Total Distance Travelled by Cars in S. Korea

SEOUL, Mar. 18 (Korea Bizwire) — Diesel cars, known to be one of the major causes of air pollution, comprised nearly half of all automobiles driven in South Korea last year. The Korea Transportation Safety Authority announced last Friday that cars in South Korea covered a total distance of 327.1 billion kilometers last year, an [...]

170 Foreigners Acquired Permanent Residence Through Investment from 2010 to 2017

170 Foreigners Acquired Permanent Residence Through Investment from 2010 to 2017

SEOUL, Mar. 18 (Korea Bizwire) — Chinese account for 93 percent of all foreigners who acquired permanent residence in South Korea through investment, according to the IOM Migration Research and Training Center. The center revealed that in the 2010 to 2017 period, there were 1,901 cases of foreigners acquiring an Korean residence visas through investment. [...]

11 pct Rise in Employees with Fewer than 15 Hours of Work per Week

11 pct Rise in Employees with Fewer than 15 Hours of Work per Week

SEOUL, Mar. 18 (Korea Bizwire) — Employees with fewer than 15 hours of work hours per week increased in number last year, while they shrank in size in the wholesale/retail and food/lodging industries. The results overturn prior expectations that the higher minimum wage has forced employers in the wholesale/retail and food/lodging industries to hire workers [...]

Sales of Golf Equipment Soar Despite Severe Air Pollution

Sales of Golf Equipment Soar Despite Severe Air Pollution

SEOUL, Mar. 18 (Korea Bizwire) — With spring just around the corner in South Korea, the warm weather is attracting people to engage more in outdoor activities, boosting sales of golf equipment. Despite severe air pollution that has blanketed the Korean peninsula in recent months, and undermined sales of outdoor sports gear, golf equipment has [...]

Drugmakers Decide on Capital Spending

Drugmakers Decide on Capital Spending

SEOUL, Mar. 18 (Korea Bizwire) — Several South Korean pharmaceutical companies have decided to make new facility investments in a bid to hone their competitiveness, industry sources said Monday. The decisions, made at annual shareholder meetings, are seen as reflecting their efforts to streamline and expand infrastructure for research and development (R&D), as well as [...]

Preventing Secondary Offenses for the Victims of the Jung Joon-young Scandal

Preventing Secondary Offenses for the Victims of the Jung Joon-young Scandal

SEOUL, Mar. 15 (Korea Bizwire) — Amid a massive sex cam scandal exposed by South Korean singer Jung Joon-young, many South Koreans are calling against revealing the victims. Victims, once known to the public, may be subject to retribution or secondary crimes. Also, those who were falsely referred to as “victims” may also be subject [...]

Controversy Resurfaces as U.S. Military Reportedly Continues Biochemical Program at Busan Pier 8

Controversy Resurfaces as U.S. Military Reportedly Continues Biochemical Program at Busan Pier 8

BUSAN, Mar. 15 (Korea Bizwire) — Rumors are spreading that U.S. Forces Korea (USFK) is conducting ‘biochemical experiments’ at Busan’s Pier 8, angering residents who are calling for more information to be revealed and the program to be shut down entirely. The Nam District Residents Committee staged a protest in front of the pier on [...]

SK Telecom and Coactus Introduce Taxi App for Drivers with Hearing Disabilities

SK Telecom and Coactus Introduce Taxi App for Drivers with Hearing Disabilities

SEOUL, Mar. 15 (Korea Bizwire) — SK Telecom Co. (SKT), in collaboration with Coactus Ltd., a South Korean social firm, released a “T map Taxi” application specially designed for cab drivers with hearing disabilities on Thursday. The new application notifies the driver of incoming ride requests via a blinking lamp and allows the driver to [...]

Yeongdon Oak Barrel Workshop Ramps Up Mass Production

Yeongdon Oak Barrel Workshop Ramps Up Mass Production

YEONGDONG, Mar. 15 (Korea Bizwire) — In Yeongdong County, North Chungcheong Province, where the country’s only grape and wine industry special zone is located, Korean oak barrels are being manufactured in large quantities for the production of alcoholic beverages. According to Yeongdong County on Thursday, the Yeongdong Oak Barrel Workshop produces oak barrels sized 5-liter [...]