SEOUL, July 6 (Korea Bizwire) — South Korea plans to to effectively utilize the underground water that leaks during underground development projects, the environment ministry said Tuesday. In 2020, there were 380,000 tons of underground water leaked each day, or 140 million tons in the whole year. Almost all of the water, however, was wasted, [...]
SEOUL, July 6 (Korea Bizwire) — LG Electronics Inc. announced that one of the company’s OLED TVs had been selected as the Best OLED TV at the 2022 Summer Best Buy Awards hosted by HiVi, one of most powerful HiFi magazines in Japan. HiVi selects the best LCD and OLED televisions from each screen size. The LG OLED [...]
SEOUL, July 6 (Korea Bizwire) — The number of airport bus passengers in Seoul increased by 2.6 times during the past six months, the city government said Wednesday, as the demand for air travel has spiked after the lifting of almost all COVID-19 social distancing restrictions in April. The number of rides performed by foreign [...]
SEOUL, July 6 (Korea Bizwire) — A heat wave warning was issued for most of the country on Sunday as daytime highs stayed above 30 Celsius degrees. The nationwide heat wave is expected to continue for the time being. Heat wave warnings and watches are issued when the daily maximum sensible temperature stays above 35 Celsius degrees and [...]
SEOUL, July 6 (Korea Bizwire) — More than 8 in 10 South Korean consumers have the experience of ‘value consumption’ in which consumers choose products and services based on their values and faith, a survey showed Tuesday. Lotte Members, the membership service for Lotte Group companies, conducted a survey of 1,500 men and women in [...]
SEJONG, July 5 (Korea Bizwire) — South Korea’s exports of farm and fisheries products grew 14.6 percent in the first half of this year on solid demand for Korean food, data showed Tuesday. Outbound shipments of agricultural and fisheries goods came to US$6.21 billion in the January-June period, up from $5.42 billion from a year [...]
SEOUL, July 5 (Korea Bizwire) — Tottenham Hotspur star Son Heung-min, who has been residing in South Korea since late May, has begun training for the upcoming season. Online communities have posted photos of the captain of South Korea’s national football team jogging along the bike path in the Han River Park despite the scorching [...]
SEOUL, July 5 (Korea Bizwire) — South Korean logistics giant CJ Logistics Corp. said Monday it had successfully delivered nine T-50B supersonic trainer jets from an air base in nearby Wonju to London to participate in an international air show. The T-50B, the aerobatic aircraft of the South Korean Air Force’s aerobatic flight team, the [...]
SEOUL, July 5 (Korea Bizwire) — Sales of imported vehicles in South Korea fell 13 percent last month from a year earlier as a chip shortage continued to affect vehicle production, an industry association said Tuesday. The number of newly registered foreign vehicles stood at 22,695 units last month, down from 26,191 units a year [...]
SEOUL, July 5 (Korea Bizwire) — South Korea’s top five business groups have seen their assets surge nearly 40 percent over the past decade, a corporate tracker said Tuesday, pointing to their ever-growing clout in Asia’s fourth-largest economy. The combined assets of the leading five — Samsung, SK, Hyundai Motor, LG and Lotte — came [...]