CHANGWON, April 5 (Korea Bizwire) — The city of Changwon in South Gyeongsang Province said Tuesday it will be adding 40 more hydrogen-powered inter-city and commuting buses to its fleet after being selected for the Ministry of Trade, Industry and Energy’s pilot project to subsidize the replacement cost of fuel cell systems. The government plans [...]
SEOUL, April 4 (Korea Bizwire) — Annual sales of South Korean duty-free retailers dropped 28.3 percent over the past four years due to the COVID-19 pandemic and prolonged diplomatic tensions with China, a lawmaker said Tuesday. Combined annual sales from local duty-free retailers came to 17.81 trillion won (US$13.5 billion) last year from 24.85 trillion [...]
SEOUL, April 4 (Korea Bizwire) — The South Korean music industry is paying tribute to prominent Japanese musician Ryuichi Sakamoto, who recently passed away. Rock musician and radio show host Bae Chul-soo posted a photo of himself together with the late composer on social media. Taeyong from K-pop boy group NCT posted a picture of [...]
POCHEON, April 4 (Korea Bizwire) — The Korea National Arboretum in the city of Pocheon, northeast of Seoul, said Monday it had opened a new Lichen Garden in the arboretum’s temperate house. Lichen is a composite organism that arises from algae and fungi maintaining a mutualistic relationship. The garden introduces lichens that live in the [...]
SEOUL, April 4 (Korea Bizwire) — Major South Korean companies’ inventories surged nearly 30 percent in 2022 from a year earlier amid a global economic slump, a corporate tracker said Tuesday. Combined inventories of 212 out of the country’s top 500 firms by sales reached 175.5 trillion won (US$134 billion) as of end-December last year, [...]
JINJU, April 4 (Korea Bizwire) — The municipal government of Jinju in South Gyeongsang Province said Monday that its Pavilion of Floating Lights won the “Honor” Award at the Canadian Wood Council’s Wood Design & Building Awards. The Pavilion of Floating Lights, completed in March last year, is a wooden building that was created by [...]
SEOUL, April 3 (Korea Bizwire) — Sales of smartphones in South Korea fell 6 percent last year from a year earlier amid an economic slowdown, industry data showed Monday. Samsung Electronics Co., the world’s leading smartphone maker, saw its smartphone sales decline 2 percent on-year in its home country in 2022, while sales of Apple [...]
SEOUL, April 3 (Korea Bizwire) — A zebra that escaped from Seoul Children’s Grand Park’s zoo in eastern Seoul last month has become a star at the zoo. Last week, the zoo was filled with visitors trying to find Sero, a three-year-old zebra who made international headlines following a recent zoo escape. Sero didn’t seem [...]
SEOUL, April 3 (Korea Bizwire) — Seoul Forest, Dosan Park and Ttukseom Han River Park were selected by South Koreans in their 20s and 30s as the most popular locations for enjoying cherry blossoms, the wireless carrier said. SK Telecom Co. analyzed the mobile data of people visiting tourist hotspots in Seoul during last year’s [...]
SEOUL, April 3 (Korea Bizwire) — New guidelines have been set to prevent city workers from pruning street trees down to their trunks. The Ministry of Environment and the National Institute of Biological Resources proposed that more than 75 percent of the tree branches should be kept intact when pruning street trees. Excessive pruning has [...]