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Debate Over Nuclear Power Phaseout Rears its Head Once More After Earthquake

Debate Over Nuclear Power Phaseout Rears its Head Once More After Earthquake

SEOUL, Nov. 17 (Korea Bizwire) – Two days after a 5.4-magnitude earthquake hit the southeastern city of Pohang, the dispute over decommissioning nuclear power plants is gaining new life. Environmental groups that support the current administration’s nuclear energy phaseout policy have based their arguments on the potential dangers posed by natural disasters like earthquakes. In [...]

KTO to Hold Marathon Fete for Foreign Tourists This Week

KTO to Hold Marathon Fete for Foreign Tourists This Week

SEOUL, Mar. 30 (Korea Bizwire) — The state tourism body said Wednesday it plans to hold a marathon event for foreign tourists in a southern province later this week as part of ongoing efforts to secure more inbound visitors and promote the country as an attractive tourist destination. The Gyeongju Cherry Blossom Marathon & Walking [...]

Gyeongju Earthquake Crisis Spotlights Korea’s Insufficient Disaster Relief Funds

Gyeongju Earthquake Crisis Spotlights Korea’s Insufficient Disaster Relief Funds

SEOUL, Sept. 28 (Korea Bizwire) – Restoration efforts are underway in Gyeongju following Korea’s record 5.8-magnitude earthquake and the hundreds of aftershocks that have since struck the region. But the crisis has highlighted another issue: a considerable number of local governments have been neglecting their legal duty to maintain disaster relief funds.  In accordance with [...]

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.  [...]

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 [...]