PYEONGCHANG, South Korea, July 29 (Korea Bizwire) – Hyundai Motor Co., South Korea’s largest automaker, on Friday said it plans to release its new hydrogen-powered cars in 2018. The second-generation hydrogen fuel cell cars are set to debut in February 2018, when South Korea’s alpine city of PyeongChang hosts the Winter Olympics, the carmaker said. [...]
SEOUL, July 27 (Korea Bizwire) – Diesel cars have been at the center of attention recently, primarily due to the official investigation into Audi-Volkswagen Korea’s fraudulent emissions reporting. Diesel emissions have also been identified by the Korean government in May as major producers of fine dust and ozone, and a potential health risk. Seoul Metropolitan [...]
SEOUL, July 6 (Korea Bizwire) – Another sinkhole (one meter wide and two meters deep) has formed near the new Lotte World Tower, the latest landmark skyscraper in Seoul. Lotte World Tower is a 123-floor skyscraper in Jamsil, Songpa District, and is currently in the final stages of construction. The tower has received widespread public [...]
SEJONG, July 5 (Korea Bizwire) – South Korea will invest a combined 42 trillion won (US$36.6 billion) into the renewable energy sector by 2020 as part of efforts to expand the environmentally friendly power supply system in the country, the trade ministry said Tuesday. Under the plan, new renewable power stations will be built by [...]
SEOUL, July 5 (Korea Bizwire) – Seoul Zoo, located in Seoul Grand Park, recently revealed that 286 of its animals have died since May 2015. That’s also 5.4 percent of all the animals managed by the zoo. The zoo also revealed that 132, or 46 percent, of the dead animals were globally endangered species, 30 [...]
HONGCHEON, South Korea, July 1 (Korea Bizwire) – Incineration plants and human waste disposal facilities are some of the most undesirable establishments for city residents. Their presence often drives the inhabitants out of the area, leading to a drop in real estate prices, and ultimately leaving the area desolate and uninhabited. However, recent government efforts [...]
SEJONG, July 1 (Korea Bizwire) – The South Korean government said Friday it will inject 5 trillion won (US$4.35 billion) into encouraging the use of eco-friendly vehicles to bring down fine dust particle levels in the air that have emerged as a source of concern here. The government will spend 3 trillion won on pushing [...]
BUSAN, June 30 (Korea Bizwire) – Fish that used to thrive in Korea’s littoral areas are rapidly disappearing. Although the phenomenon is also the result of global warming, experts point to overfishing as the fundamental cause. The 1970s and 1980s were the golden age of fishing, but since then, catches have decreased by over 60 [...]
SEOUL, June 30 (Korea Bizwire) – Starbucks Korea’s latest eco-friendly effort, using coffee grounds as compost to grow crops and purchasing the harvested products, was chosen as June’s ‘Excellent Example of Coexistent Cooperation in Agricultural Products’ by the Ministry of Agriculture, Food and Rural Affairs (MAFRA). According to the ministry, Starbucks Korea is currently supplying [...]
SEOUL, June 30 (Korea Bizwire) – German carmaker Volkswagen on Wednesday ruled out compensations to South Korean owners of Volkswagen cars for cheating on emissions, a move that could spark anger and disappointment from local consumers. Volkswagen said its agreements reached with the U.S. regulators and private plaintiffs over the scandal “are not an admission” [...]