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Insurance Companies Stop Earthquake-Related Products amid Quake Fears

Insurance Companies Stop Earthquake-Related Products amid Quake Fears

SEOUL, Sept. 22 (Korea Bizwire) – Amid concerns over last week’s historic earthquake and the hundreds of aftershocks that have followed, some insurance companies have ceased to offer earthquake insurance products. A record magnitude-5.8 earthquake struck the peninsula on September 12 with its epicenter some eight kilometers south of Gyeongju. Since the original temblor, some [...]

Gyeongju Trapped in Fear as Aftershocks Follow Record Earthquake

Gyeongju Trapped in Fear as Aftershocks Follow Record Earthquake

GYEONGJU, South Korea, Sept. 21 (Korea Bizwire) – Gyeongju was struck by another magnitude-3.5 aftershock Wednesday morning, adding to the fear spreading across the region since Korea’s historic 5.8-magnitude temblor jolted the peninsula on September 12. The aftershock took place at 11:53 a.m., with the epicenter located some 10 kilometers southwest of the historical city.  [...]

Losing Faith in the Government, Netizen Develops Earthquake Alert System

Losing Faith in the Government, Netizen Develops Earthquake Alert System

SEOUL, Sept. 21 (Korea Bizwire) – Worries over earthquakes are higher than ever in South Korea after another 4.5-magnitude aftershock struck Gyeongju Monday, a week after a record 5.8-magnitude earthquake thumped the same region.  Amid the fears, however, Koreans are losing faith in the government’s earthquake alert system, with the Ministry of Public Safety and [...]

Gov’t to Require Earthquake-Proof Designs for Smaller Buildings

Gov’t to Require Earthquake-Proof Designs for Smaller Buildings

SEOUL, Sept. 20 (Korea Bizwire) – All new buildings in South Korea that are higher than one story will be required to be earthquake-resistant from next year, while those with 16 floors or more must have their earthquake-proof designs verified, the government said Tuesday.  The measure was set following a 5.8-magnitude earthquake that hit the [...]

Gov’t Checking Safety of Cultural Assets after Quake in Ancient Capital

Gov’t Checking Safety of Cultural Assets after Quake in Ancient Capital

SEOUL, Sept. 13 (Korea Bizwire) – Cultural heritage authorities on Tuesday began checking to see if the latest earthquake has caused any damage to important cultural sites in the ancient city of Gyeongju.  The National Research Institute of Cultural Heritage under the Cultural Heritage Administration (CHA) said they were examining national treasures and other monuments in [...]

Quake Triggers Safety Concerns, Halting Production Facilities

Quake Triggers Safety Concerns, Halting Production Facilities

SEOUL, Sept. 13 (Korea Bizwire) – A number of South Korean businesses were forced to halt their production and assembly lines for safety inspections Tuesday, one day after a powerful quake rocked the country.  Nearly a dozen major industrial facilities, including a power plant, had their operations halted after a 5.8-magnitude earthquake jolted the nation, [...]

Record Earthquake Jolts Southeastern S. Korea

Record Earthquake Jolts Southeastern S. Korea

SEOUL, Sept. 12 (Korea Bizwire) – A record magnitude-5.8 earthquake jolted South Korea’s southwestern region, the country’s meteorological agency said Monday. The quake detected at 8:35 p.m. was the strongest tremor reported on land in the country with the Korea Meteorological Administration (KMA) saying the epicenter was near Naenam-myeon region in Gyeongju, some 371 kilometers [...]

Koreans Perceive Natural Disasters Differently than Japanese

Koreans Perceive Natural Disasters Differently than Japanese

JEJU, Aug. 26 (Korea Bizwire) – A recent study led by Hosei University professor Shirai Nobuo and professor Lee Soo-cheol of Meijo University revealed that Koreans and Japanese have different perceptions of natural disasters.  The survey, which was conducted with the participation of 520 citizens from each of Tokyo and Seoul, showed that 48.8 percent [...]