Uncategorized Archives | Be Korea-savvy

Archive by category Uncategorized

South Korea Bolsters Defense Against Drone Threats with New Training Facilities

South Korea Bolsters Defense Against Drone Threats with New Training Facilities

SEOUL, Mar. 13 (Korea Bizwire) – In an effort to boost national defense capabilities against the escalating threat of drone-related incidents, South Korea’s Ministry of Science and ICT; the Ministry of Land, Infrastructure, and Transport; and the National Intelligence Service have come together to establish dedicated anti-drone training facilities. This initiative was formalized through a Memorandum [...]

CertiK Releases Hack3d 2023: The Web3 Security Report

CertiK Releases Hack3d 2023: The Web3 Security Report

NEW YORK, Jan. 03, 2024 (Korea Bizwire) – CertiK, the industry leader in blockchain security, today announced the release of its annual flagship publication. Hack3d: The Web3 Security Report for 2023 is a comprehensive report that offers an unprecedented deep dive into the security incidents, vulnerabilities, and trends that have defined the landscape of blockchain [...]

Rising Mortgage Delinquency Rates Among Young Homeowners Raise Concerns

Rising Mortgage Delinquency Rates Among Young Homeowners Raise Concerns

SEOUL, Dec. 12 (Korea Bizwire) – In a concerning trend, mortgage delinquency rates among homeowners in their 20s and below are surging, far outpacing other age groups. Young adults who have recently entered the workforce are finding themselves trapped in high-interest mortgages, leaving them struggling to make the monthly payments.  According to data obtained by National [...]

Ulleungdo Mushrooms Have Anti-Inflammatory Properties

Ulleungdo Mushrooms Have Anti-Inflammatory Properties

SEOUL, Nov. 23 (Korea Bizwire) – A mushroom native to Ulleungdo that has already been confirmed to have anti-cancer and antioxidation effects has now been discovered to possess anti-inflammatory properties as well.  The National Institute of Biological Resources (NIBR) announced on Wednesday that a mushroom native to Ulleungdo, the “small yellow polyporus varius mushroom,” first identified [...]

Sacheon Ocean Cable Car Designated as One of Korea’s 100 ‘Bambamgokgok’

Sacheon Ocean Cable Car Designated as One of Korea’s 100 ‘Bambamgokgok’

SACHEON, Nov. 15 (Korea Bizwire) – The city of Sacheon in South Gyeongsang Province announced on Tuesday that the Sacheon Ocean Cable Car has been designated as one of Korea’s 100 ‘Bambamgokgok’ by the Ministry of Culture, Sports, and Tourism and the Korea Tourism Organization.  ‘Korea Bambamgokgok’ is a brand-new night tourism brand developed this year [...]

Seoul Takes Action to Address Litter Problem by Increasing the Number of Trash Cans

Seoul Takes Action to Address Litter Problem by Increasing the Number of Trash Cans

SEOUL, Oct. 16 (Korea Bizwire) – The Seoul Metropolitan Government has made the decision to significantly increase the number of trash cans throughout the city. This choice was influenced by a rising number of citizens who had expressed concerns about the lack of proper trash disposal options on the streets, along with comparisons to cities like New [...]

National Assembly Rejects Supreme Court Chief Justice Nominee, Breaking 35-Year Streak

National Assembly Rejects Supreme Court Chief Justice Nominee, Breaking 35-Year Streak

SEOUL, Oct. 6 (Korea Bizwire) – The opposition-controlled National Assembly rejectedSupreme Court Chief Justice nominee Lee Gyun-ryong on Friday, marking the first such rejection in 35 years. Lee’s nomination was voted down in a 118-175 vote with two abstentions, shortly after the main opposition Democratic Party (DP), which has a controlling majority in the Assembly, [...]

At the Yacht Club de Monaco Explorers & Scientists Gather Together for the Environment

At the Yacht Club de Monaco Explorers & Scientists Gather Together for the Environment

MONACO, Oct. 02, 2023 (Korea Bizwire) – Over 2 thousand meters. It is the sum of the linear metres, 2,207m to be precise, of the yachts flying the YCM flag belonging to the hundred owners invited by the Ycm at the traditional Owners Lunch on the opening day of the Monaco Yacht Show. On this occasion [...]

South Korean Defense Industry Expands European Foothold with Poland-Based Defense Cooperation Center

South Korean Defense Industry Expands European Foothold with Poland-Based Defense Cooperation Center

SEOUL, Oct. 2 (Korea Bizwire) – The South Korean government has announced plans to create a hub in Poland for exporting defense products to Europe. The Ministry of National Defense is looking to set up a Defense Cooperation Center in Poland, which will serve as a base to expand defense exports to Europe, as stated by [...]

Surveillance Cameras to Be A Must in Hospital Operating Rooms

Surveillance Cameras to Be A Must in Hospital Operating Rooms

SEOUL, Sept. 22 (Korea Bizwire) – Hospitals will be required to install surveillance cameras in operating rooms and record surgery procedures at the request of patients starting next week, the health ministry said Friday. The revised Medical Service Act, set to take effect Monday, also calls for storing recorded videos for at least 30 days, [...]