SEOUL, March 16 (Korea Bizwire) — South Korea’s import prices of grains have jumped nearly 50 percent over the past two years to a near nine-year high amid the prolonged coronavirus pandemic, data showed Wednesday. Prices of imported grains came to US$386 per ton in February, up 26 percent from a year earlier and 47.4 [...]
SEOUL, March 16 (Korea Bizwire) — The Seoul Metropolitan Government said Tuesday that it will distribute 7,000 electric motorcycles this year. This is the largest annual volume since the city government launched the distribution of electric motorcycles. This year’s distribution of electric models will be equivalent to 60 percent of the cumulative number of motorcycles [...]
SEOUL, March 15 (Korea Bizwire) — More than 6 in 10 large firms in South Korea are feeling the pinch of the Russia-Ukraine war that has sent international material costs soaring, a poll said Tuesday. The survey on 153 out of the country’s top 1,000 companies by sales showed 60.8 percent of the respondents saying [...]
SEOUL, March 15 (Korea Bizwire) — Socioeconomic costs, such as medical costs, caused by direct smoking have surpassed the 12 trillion won (US$9.66 billion) threshold on an annual basis. A research team from Seoul National University reported that 58,036 people died from direct smoking in 2019, which amounts to an average of 159 people every [...]
SEOUL, March 15 (Korea Bizwire) — Coffee shops will now be able to recycle coffee grounds through more lenient requirements and procedures. The Ministry of Environment announced that it will designate coffee grounds as a ‘circulation resource’ starting on Tuesday. With the increasing amount of coffee consumption in South Korea, the volume of coffee grounds [...]
SEOUL, March 15 (Korea Bizwire) — Seven out of 10 South Koreans believe North Korea has no intention to completely denuclearize, a survey showed Tuesday, amid signs of the recalcitrant regime doubling down on its nuclear and missile programs. Rep. Kang Dae-sik of the conservative People Power Party revealed the results of last year’s survey [...]
YONGIN, March 15 (Korea Bizwire) — The Everland amusement park in Yongin, south of Seoul, is set to screen K-pop supergroup BTS’ multimedia show on its outdoor stage. Samsung C&T Corp., which operates Everland, said Monday that the multimedia show “Over the Universe” will be aired at the amusement park for 15 minutes before closing [...]
SEOUL, March 14 (Korea Bizwire) — A recent massive die-off of bees at South Korean beekeeping farms has been attributed to bee mites and hornets, as well as abnormal weather conditions, a study has found. The Rural Development Administration conducted a survey of 99 beekeeping farms across the country that have been hurt by the [...]
SEOUL, March 14 (Korea Bizwire) — The Ministry of Environment has joined hands with T Map Mobility and Kakao Mobility to introduce a QR-code payment system at electric vehicle (EV) charging stations on Monday. Previously, EV charging stations only accepted credit cards or other membership cards for payment. With the new payment system, users scan [...]
SEOUL, March 14 (Korea Bizwire) — The Korean cultural center in Berlin, Germany has opened an online website that teaches Germans about gukak or Korean traditional music. In joint collaboration with Hamburg University of Music and Theatre, the website was opened in the German language, offering an introduction to traditional Korean music. The website, available [...]