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Inflation Rises Back Above 3 Pct in Feb. on High Fruit, Energy Prices

Inflation Rises Back Above 3 Pct in Feb. on High Fruit, Energy Prices

SEOUL, Mar. 6 (Korea Bizwire) — South Korea’s inflation ticked up to over 3 percent in a month in February on high prices of fresh food items and energy, data showed Wednesday. Consumer prices, a key gauge of inflation, rose 3.1 percent on-year last month, compared with a 2.8 percent increase a month earlier, according [...]

S. Korea, Qatar Discuss Stronger Energy, Shipbuilding Ties

S. Korea, Qatar Discuss Stronger Energy, Shipbuilding Ties

SEOUL, Sept. 27 (Korea Bizwire) — Top industry officials of South Korea and Qatar discussed ways Wednesday to enhance bilateral cooperation on the energy and shipbuilding industries, Seoul’s industry ministry said. During the meeting in Seoul, South Korea’s Industry Minister Bang Moon-kyu and Qatar’s Minister of State for Energy Affairs Saad Sherida Al-Kaabi discussed how [...]

Gov’t Encourages Retailers to Install Doors on Refrigerated Display Cases for Energy Conservation

Gov’t Encourages Retailers to Install Doors on Refrigerated Display Cases for Energy Conservation

SEOUL, June 1 (Korea Bizwire) — The government is encouraging retailers to install doors on open refrigerated display cases at their food corners as a means to promote energy conservation. Second Vice Industry Minister Kang Kyung-sung visited a Lotte Mart’s outlet in Seoul on Wednesday and urged the retail industry to actively participate in the [...]

New Technology Processes and Converts Household Waste, Food Waste and Sewage Sludge into Energy

New Technology Processes and Converts Household Waste, Food Waste and Sewage Sludge into Energy

SEJONG, April 5 (Korea Bizwire) — New technology has been developed to enable three types of urban waste – household waste, food waste and sewage sludge – to be simultaneously processed and converted into energy. The real life application is pending for the new technology since demonstration testing is already complete. The Ministry of Land, [...]

S. Korea’s Power Generation Falls for 2nd Year in 2020 amid Pandemic

S. Korea’s Power Generation Falls for 2nd Year in 2020 amid Pandemic

SEOUL, Feb. 16 (Korea Bizwire) – South Korea’s electricity generation fell for the second consecutive year in 2020 as demand dipped amid the coronavirus pandemic, data showed Tuesday. The amount of electricity generated by the nation’s power plants came to 552,165 gigawatt hours (GWh) last year, down 1.9 percent from the previous year, according to [...]

Middle-aged Men Consume Too Many Calories, While Women in 20s Have a Caloric Deficit

Middle-aged Men Consume Too Many Calories, While Women in 20s Have a Caloric Deficit

SEOUL, Dec. 24 (Korea Bizwire) — Middle-aged men are consuming too many calories, while women in their 20s typically consume less energy than they need. The Ministry of Health and Welfare published a report Wednesday on calorie consumption categorized by age and gender. The report, based on a study led by the Korean Nutrition Society, [...]

S. Korea to Spend 322 bln Won on Nuclear Decommissioning Research Lab

S. Korea to Spend 322 bln Won on Nuclear Decommissioning Research Lab

SEOUL, April 21 (Korea Bizwire) — South Korea said Tuesday it will spend 322.3 billion won (US$264 million) to establish nuclear decommissioning research centers in sync with the country’s new energy policy that centers on using more sustainable resources and less nuclear power. Under the plan, South Korea will start the construction of the centers [...]