SEOUL, June 17 (Korea Bizwire) — South Korea said Wednesday it will spend 160 billion won (US$132 million) to launch a vessel capable of sailing with just a minimum number of sailors by 2025. Under the six-year project, South Korea plans to develop ships with “degree-three” autonomous features, which the International Maritime Organization (IMO) defines [...]
SEOUL, June 17 (Korea Bizwire) — The Ministry of SMEs and Startups has unveiled a trial project to develop 20 general shopping centers into “smart shopping centers” using a wide variety of Fourth Industrial Revolution technologies. The ministry released the list of shopping centers it had selected as smart shopping centers on Tuesday, including one [...]
SEOUL, June 14 (Korea Bizwire) — After nearly four months of state-led mask rationing to fight new coronavirus outbreaks, South Korea may end the strictly regulated scheme this month on the back of eased supply shortages, a government official said Sunday. As mask prices skyrocketed amid massive virus outbreaks here in February, the country introduced [...]
SEOUL, June 5 (Korea Bizwire) — The government is taking steps to prevent the abuse of prescription drugs by enabling doctors to check if patients are attempting to obtain excessive quantities of the drugs. The Ministry of Food and Drug Safety announced on Thursday that it will launch a special-purpose information network to deter patients [...]
SEOUL, June 4 (Korea Bizwire) — Hydrogen filling stations will now be able to open convenience stores or cafes similarly to gas and liquefied petroleum gas (LPG) stations. The government decided upon 35 measures to resolve various issues faced by newly emerging industries at a meeting on Wednesday. Previously, local authorities failed to approve convenience [...]
SEOUL, June 4 (Korea Bizwire) — South Korea aims to commercialize urban air mobility (UAM) services in the domestic market in 2025 as it strives to tackle worsening traffic congestion in major cities, the transport ministry said Thursday. The government plans to begin offering UAM services initially with one to two routes, or terminals, in [...]
SEOUL, June 1 (Korea Bizwire) — Under new legislation, all commercial aquariums in South Korea will now be subject to government instructions on the minimum size and environment of a standard aquarium tanks. The Ministry of Oceans and Fisheries reportedly came up with a five-year plan for aquariums that have long operated in legal blind [...]
SEOUL, May 29 (Korea Bizwire) — The Ministry of Oceans and Fisheries announced Wednesday that it will replace all plastic buoys, known as one of the major causes of plastic waste in the sea, with those made of eco-friendly materials, by 2025. Styrofoam buoys currently being used at seaweed and oyster farms can easily break [...]
SEOUL, May 27 (Korea Bizwire) — From beaches to banks, scenes at venues across the country are likely to change according to South Korea’s updated quarantine guidelines. The government on Wednesday unveiled detailed guidelines to help contain the new coronavirus in everyday life. Under the measures, beach parasols and tents should be set up at [...]
SEOUL, May 26 (Korea Bizewire) — South Korea said Tuesday eco-friendly cars will take up at least 90 percent of the combined automobiles owned by governmental bodies by 2030, in line with the country’s new energy drive that centers on breaking away from traditional sources of fuel. The target marks a drastic rise from the [...]