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Transport Ministry to Test Self-driving Taxi in Seoul

Transport Ministry to Test Self-driving Taxi in Seoul

SEOUL, June 10 (Korea Bizwire) — The Ministry of Land, Infrastructure and Transport said Thursday it had partnered with the Seoul Metropolitan Government and Hyundai Motor Co. to test and verify Level-4 autonomous driving technology in Seoul’s downtown areas. A Level-4 autonomous vehicle means the car can operate almost independently with little intervention or control [...]

Cows Head to Pasture at Daegwallyeong Pass

Cows Head to Pasture at Daegwallyeong Pass

PYEONGCHANG, June 9 (Korea Bizwire) — Korean “hanwoo” cows have made their first outing this year after spending the winter in a barn. The National Institute of Animal Science’s Korean Cattle Research Institute, located in Daegwallyeong Pass in Pyeongchang, Gangwon Province, began five-month rotational grazing for some 200 cattle on Wednesday in a 260-hectare pasture. [...]

Busan Hosts Film Festival for Pets

Busan Hosts Film Festival for Pets

BUSAN, June 9 (Korea Bizwire) — The 16th Busan Content Market (BCM), which opened on Wednesday, is hosting a video content festival for pets. The BCM organizing committee announced that it will host the Movie for Dog event at the open square in front of the Busan Exhibition & Convention Center (BEXCO) where visitors can try [...]

Foreigners’ Net Stock Selling Continues for 4th Month in May

Foreigners’ Net Stock Selling Continues for 4th Month in May

SEOUL, June 9 (Korea Bizwire) — Foreigners withdrew more money than they injected into South Korea’s stock markets for the fourth straight month in May amid worries over economic slowdowns in major countries and the fallout from the ongoing war in Ukraine, central bank data showed Thursday. Net foreign money outflows from the main bourse, [...]

7 in 10 Big Firms Allow Remote Work Despite Eased Pandemic Curbs: Poll

7 in 10 Big Firms Allow Remote Work Despite Eased Pandemic Curbs: Poll

SEOUL, June 8 (Korea Bizwire) — More than 7 in 10 large South Korean companies are allowing their employees to work from home even after the government removed most anti-coronavirus curbs over a month ago, a poll showed Wednesday. The survey of the country’s leading 100 firms by sales, taken by the Korea Enterprises Federation [...]